3540 State Rd 38 E, La Fayette, IN 47905 Property Records

Tippecanoe County property record for 3540 State Rd 38 E, La Fayette, IN 47905 · Last verified July 2026

Property Highlights

Property TypeCommercial > Retail > Regional Shopping Center, Mall
Year BuiltBuilt 1997
Square Footage96,196 sqft Gross Area
Lot Size516,622 sqft (11.8 acres)
Tax Bill$160,179.00 (2024)

Property Details

APN / Parcel Number

Primary APN79-07-34-276-021.000-004
Alternative APN
  • 156081160026

Interior

Units18 Units
Building Area96,196 sqft Gross Area
1st Floor88,196 sqft 1st Floor
Stories1 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 1997
Exterior MaterialConcrete Block Exterior
Construction TypeFrame Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Lot Area516,622 sqft (11.8 acres)
Total Buildings3 Total Buildings
Shed1 Shed

Utilities and HVAC

Water SourceCommercial Water Source

Location & Zoning

Street Address3540 STATE ROAD 38 E
CityLAFAYETTE
StateIN
Zip47905-5162
Property UsageCommercial Property Usage
TypeCommercial > Retail > Regional Shopping Center, Mall
Legal DescriptionLAFAYETTE MARKET PLACE PT LOT 2
Legal SubdivisionLAFAYETTE MARKET PLACE
Legal Lot Number2
JurisdictionTIPPECANOE IN
Minor Civil DivisionFAIRFIELD
Census Blockgroup1
Census Block1001
Census Tract1701

Owner

Source: Tippecanoe County records · APN 79-07-34-276-021.000-004

Assessment roll updated April 8, 2026 · Last verified July 2026

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

Owner of RecordCompany Name on File
Mailing Address421 MAIN ST, LAFAYETTE, IN 47901-1369
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Dec 22, 2021Deed of Trust, Mortgage · Commercial Mortgage
CENTIER BANK
Nov 02, 2018Deed of Trust, Mortgage · Commercial Mortgage
INDEPENDENCE BANK NA
Dec 06, 2021Special Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 06, 2021
Deed SaleDec 06, 2021
Deed Doc Number202128166
Record RefreshedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTIPPECANOE IN
Property Address3540 STATE ROAD 38 E, LAFAYETTE, IN 47905-5162
Transaction TypeMortgage
Record UpdatedFeb 14, 2023
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
InvestorPossibly a Property Investor

Mortgage

Document Number0021029582
DateDec 22, 2021
Instrument202121029582
Lender
NameCENTIER BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueNov 25, 2031
Interest
Rate TypeAdjustable Rate

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTIPPECANOE IN
Property Address3540 STATE ROAD 38 E, LAFAYETTE, IN 47905-5162
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0018020581
DateNov 02, 2018
Instrument201818020581
Lender
NameINDEPENDENCE BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueNov 01, 2023
Interest
Rate TypeFixed Rate

December 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionTIPPECANOE IN
Recording DateDec 06, 2021
Property Address3540 STATE ROAD 38 E, LAFAYETTE, IN 47905-5162
Document Number0021028166
Map ReferencePC E SL E-86
Instrument DateNov 16, 2021
Instrument202121028166
Transaction TypeTransfer
Record UpdatedFeb 14, 2023

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
AddressIN

Transferred To (Grantee/Buyer)

NameVerified Name
Address421 MAIN ST, LAFAYETTE, IN 47901-1369
InvestorPossibly a Property Investor

Tax Assessment & Valuation

Source: Tippecanoe County records · Assessment roll updated April 8, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateIndiana
CountyTippecanoe County
County SubdivisionFairfield Township
MunicipalityLafayette City
Unified School DistrictLafayette School Corporation (KG - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$7,416,000 (+10.1%) Building $7,416,000$7,416,000 (+10.1%) Building $7,416,000
2024$160,179.00 (+0.12%)
2023$159,980.00 (-4.86%)$6,735,400 (+2.98%) Building $6,735,400$6,735,400 (+2.98%) Building $6,735,400
2022$168,146.00$6,540,300 Building $6,540,300$6,540,300 Building $6,540,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Tippecanoe County (18157C), updated February 17, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskLow
above 3% of the US · above 21% of Indiana
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

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

Nearby Properties on State Rd 38 E

Nearby Streets

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