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$699,900   Price Analysis
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5165 Downey Ln
Lafayette, IN 47905
3 bed 3 bath 3,774 SqFt ($185/SqFt)
19.82 acre lot. Built 1981
Listed 2024-03-05
USDA Eligible
near Buck Creek, IN
 Restrictions may apply
due to home size

OPEN HOUSE SUNDAY 5/19 1pm-3pm.

Welcome to your dreams! 5165 Downey Lane has everything you would need to create the memories and rewards from owning your own mini farm. The 19+ acres is the start. This one owner meticulously maintained and updated ranch country home has over 3, 770 finished square feet, 3 bedrooms, 2.5 bathrooms, office space, stamped concrete patio, attractive kitchen and a finished basement with even more finishable sq ft available. The farm was once home to over 22 horses! There are 2 barns on this property. The livestock barn has 4 stalls, 2 more stall s with outside runs, a washroom, tack room, feed room, hay storage and more room for equipment storage. The shop barn has loads of room for tools. Part of the acrage has been used yearly for income producing hay production and much of the property is fenced in for pasture. There are also 8 acres of woods on this property which is where the owner harvested all of the trophy mature bucks displayed in the home!

There are no restrictions on this property so if horses aren't your thing, you can bring your cows, goats, chickens, sheep, etc. As a major added value to this estate, per Tipp. Co. Area Plan, this property can have 10 acres parceled off to sell to friends/family if the buyer would choose.


Presented by Reagan Geswein at
Lafayette Listing Realty Llc.


Property MLS #202406962 from IRMLS

Bedrooms: 3
Bedroom 1 Dimensions: 14 x 15
Bedroom 2 Dimensions: 11 x 14
Bedroom 3 Dimensions: 11 x 12
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 12
Den Dimensions: 10 x 12
Family Room Dimensions: 13 x 16
Game/Recreation Room Dimensions: 13 x 17
Den Level: Main
Family Room Level: Main
Game/Recreation Room Level: Basement
Living Room Level: Main
Basement Description: Full Basement, Partially Finished

Total Bathrooms: 2 / 1
Full Bathrooms: 2
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 2
Half Bathrooms On Main Level: 1

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Propane, Baseboard, Forced Air, Multiple Heating Systems
Number of Fireplaces: 2

Furnished Description: Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Electric, Dryer-Electric, Oven-Double

Dining Room Dimensions: 14 x 14
Dining Room Level: Main
Kitchen Dimensions: 13 x 20
Kitchen Level: Main

Brick

Lot Description: Partially Wooded, 15+, Pasture
Lot Size Acres: 19.825
Lot Size Square Feet: 863577

Garage Spaces: 2
Garage Description: Attached
Garage Dimensions: 22 x 21
Garage Sqft: 462

Elementary School: Dayton
High School: Mc Cutcheon
Middle School: Wainwright
School District: Tippecanoe School Corp.

Wainwright Middle School is a public middle school located approximately 1.8 miles away.
directions icon Map directions

Dayton Elementary School is a public elementary school located approximately 2.6 miles away.
directions icon Map directions

Mccutcheon High School is a public high school located approximately 7.8 miles away.
directions icon Map directions

Community Features: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Pocket Doors, Porch Open, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite, Custom Cabinetry

Annual Tax Amount: 2091.84
Source Listing Status: Active
County: Tippecanoe County
Directions: GPS Friendly
Tax Year: 2024
Source Property Type: RESIDENTIAL
Parcel Number: 79-12-47-780-023.000-012
Township: Sheffield
Property Subtype: Site-Built Home
Source System Name: C2C

Price Changed 2024-05-16
$699,900
IRMLS
Listed 2024-03-05
$724,900
IRMLS
Listing removed 2024-01-01
$714,900
IRMLS
Listing removed 2023-12-28
$714,900
IRMLS
Price Changed 2023-09-28
$714,900
IRMLS
Listed 2023-06-08
$724,900
IRMLS
Listing removed 2023-06-01
$725,000
MIBOR
Listing removed 2023-05-31
$725,000
IRMLS
Listing removed 2023-05-31
$725,000
MIBOR
Price Changed 2023-05-16
$725,000
MIBOR
Price Changed 2023-05-16
$725,000
IRMLS
Price Changed 2023-04-17
$749,900
MIBOR
Price Changed 2023-04-17
$749,900
IRMLS
Price Changed 2023-03-10
$760,000
MIBOR
Price Changed 2023-03-10
$760,000
IRMLS
Price Changed 2023-01-31
$774,000
MIBOR
Price Changed 2023-01-31
$774,000
IRMLS
Listed 2022-11-22
$779,000
MIBOR
Listed 2022-11-21
$779,000
IRMLS

Total Square Feet Living: 3774
Year Built: 1981
Above Grade Finished Area: 2207
BelowGradeFinishedArea: 1567
Below Grade Unfinished Area: 320
Other Buildings: Outbuilding 2: Pole/Post Building, Outbuilding 2 SqFt: 960, Outbuilding 1 Length: 39, Outbuilding 1 Width: 49, Outbuilding 2 Length: 30, Outbuilding 2 Width: 32, Outbuilding 1: Barn
Property Age: 43
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 4094
Total Below Grade Area: 1887
Architectural Style: Ranch

Sewer: Septic
Water Source: Well
Water Well: Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.