2 Walter Scholer Dr, La Fayette, IN 47909 Property Records

Tippecanoe County property record for 2 Walter Scholer Dr, La Fayette, IN 47909

Property Summary

Property Type	Medical Building
Details	7,716 sqft · built 1989
Lot Size	1 acres (43,560 sqft)
Owner	Company Name on Record
Last Sale	$574,560 (Aug 2021)
Tax Bill	$14,422 (2024)
Deeds & Mortgages	Aug 2021 Sale & Mortgage Aug 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`79-11-06-278-001.000-033`

Property Details

APN / Parcel Number

Primary APN	`79-11-06-278-001.000-033`
Alternative APN	`162167030047`

Interior

Units	3 Units
Stories	1 Story
Building Area	7,716 sqft Gross Area
1st Floor Area	7,716 sqft
Basement Area	1,956 sqft

Exterior

Year Built	Built 1989
Effective Year Built	Effective 1989
Exterior Material	Concrete Block
Construction Type	Brick
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	43,560 sqft (1 acres)
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Water Source	Commercial

Location & Zoning

Street Address	2 WALTER SCHOLER DR
City	LAFAYETTE
State	IN
Zip	47909-6382
Property Category	Commercial
Property Type	Commercial > Office > Medical Building
Local Zoning Code	PDNR
Legal Description	WEA-TON SD REPLAT OF WEATON SD LOT 2 PT LOT 2-A
Legal Subdivision	WEA-TON SD
Legal Lot Number	2,2-A
Jurisdiction	TIPPECANOE IN
Township / Civil Division	WEA
Census Block Group	1
Census Block	1029
Census Tract	1501

Owner

Source: Tippecanoe County records, as of August 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2 WALTER SCHOLER DR, A, LAFAYETTE, IN 47909-6382
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Aug 2, 2021	Warranty Deed, Transfer · Conventional Mortgage HORIZON BANK NA
Aug 31, 2017	Deed of Trust, Mortgage JERRY PREUSS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 2, 2021 · Amount on Record
Deed Sale	Aug 2, 2021 · Amount on Record
Deed Document Number	202117867
Record Updated	Oct 29, 2026

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	TIPPECANOE IN
Recording Date	Aug 2, 2021
Property Address	2 WALTER SCHOLER DR, LAFAYETTE, IN 47909-6382
Document Number	0021017867
Map Reference	PC D SL 13
Instrument Date	Jul 28, 2021
Instrument	202121017867
Transaction Type	Transfer
Record Updated	Mar 26, 2026
Title Company	SECURITY TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2 WALTER SCHOLER DR, LAFAYETTE, IN 47909-6382

Mortgage

Document Number	0021017868
Date	Aug 2, 2021
Instrument	202121017868

Lender

Name	HORIZON BANK NA

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Mortgage

Document Number	0021017869
Date	Aug 2, 2021
Instrument	202121017869

Lender

Name	HORIZON BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Jul 28, 2031

Interest

Rate Type	Adjustable Rate

August 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TIPPECANOE IN
Property Address	2 WALTER SCHOLER DR, LAFAYETTE, IN 47909-6382
Document Number	0017017373
Instrument Date	Aug 31, 2017
Transaction Type	Mortgage
Record Updated	Jan 3, 2018
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

Mortgage

Document Number	0017017373
Date	Sep 1, 2017
Instrument	17017373

Lender

Name	JERRY PREUSS

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Tippecanoe County assessment roll, as of April 8, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Tippecanoe County
County Subdivision	Wea Township
Municipality	Lafayette City
Unified School District	Tippecanoe School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$614,400 (+7.02%) Building $614,400	$614,400 (+7.02%) Building $614,400
2024	$14,422.00 (+2.07%)
2023	$14,130.00 (-1.13%)	$574,100 (+3%) Building $574,100	$574,100 (+3%) Building $574,100
2022	$14,292.00	$557,400 Building $557,400	$557,400 Building $557,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective February 17, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 73% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LAFAYETTE WATER WORKS serves 70,835 people · EPA ID IN5279013
Water Source	Groundwater
Last State Inspection	May 2023
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 237 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Metronet Fiber	5,120 / 5,120
Xfinity Cable	2,000 / 250

May also be available: Verizon, Wintek.

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