40 N 1025 E, La Fayette, IN 47905 Property Records

Tippecanoe County property record for 40 N 1025 E, La Fayette, IN 47905

Property Summary

Property Type	Farm - Irrigated or Dry
Details	2 ba · 4,100 sqft · built 1970
Lot Size	8.9 acres (387,684 sqft)
Owner	2 Individual Names on File
Last Sale	$220,900 (Sep 2010)
Tax Bill	$1,237 (2024)
Deeds & Mortgages	Feb 2023 Line of Credit Feb 2021 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`79-08-24-300-005.000-009`

Property Details

APN / Parcel Number

Primary APN	`79-08-24-300-005.000-009`
Alternative APN	`112024000198`

Interior

Full Baths	2 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	1 Room
Stories	1 Story
Building Area	4,100 sqft Gross Area
1st Floor Area	1,825 sqft
Basement Area	1,825 sqft

Exterior

Year Built	Built 1970
Effective Year Built	Effective 1970
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	387,684 sqft (8.9 acres)
Garage Type	Attached
Garage Area	450 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Porch
Porch Area	96 sqft
Shed	1 Shed
Lean-To	Lean-To

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Water Source	Commercial

Location & Zoning

Street Address	40 N 1025 E
City	LAFAYETTE
State	IN
Zip	47905-9638
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > Farm - Irrigated or Dry
Local Zoning Code	A
Legal Description	PT SW SW SEC 24 TWP 23 R3 8.9 A
Legal Range	3
Legal Township	23
Legal Section	24
Legal Lot Number	10
Jurisdiction	TIPPECANOE IN
Township / Civil Division	PERRY
Census Block Group	2
Census Block	2025
Census Tract	10901

Owner

40 N 1025 E, an agricultural property, is owned and occupied by two individuals who bought it in September 2010.

Source: Tippecanoe County records, as of April 8, 2026

Owner of Record	2 Individual Names on File
Mailing Address	40 N 1025 E, LAFAYETTE, IN 47905-9638
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Feb 6, 2023	Deed of Trust, Mortgage · Line of Credit PURDUE FCU
Feb 20, 2021	Deed of Trust, Mortgage HOME PT FIN'L

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 28, 2010 · Amount on File
Deed Sale	Sep 28, 2010 · Amount on File
Deed Document Number	201010017628
Record Updated	Oct 29, 2026

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TIPPECANOE IN
Property Address	40 N 1025 E, LAFAYETTE, IN 47905-9638
Transaction Type	Mortgage
Record Updated	Jun 12, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0023001409
Date	Feb 6, 2023
Instrument	202323001409

Lender

Name	PURDUE FCU
Type	Credit Union

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	288 Months
Due	Feb 5, 2047

February 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TIPPECANOE IN
Property Address	40 N 1025 E, LAFAYETTE, IN 47905-9638
Document Number	0000004673
Instrument Date	Feb 20, 2021
Transaction Type	Mortgage
Record Updated	Mar 11, 2021
Title Company	NTC - KEY W

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	40 N 1025 E LAFAYETTE IN 479059638, LAFAYETTE, IN 47905-9638

Mortgage

Document Number	0000004673
Date	Mar 2, 2021
Instrument	4673

Lender

Name	HOME PT FIN'L
Address	PARSIPPANY, NJ 07054

Agreement

Amount	Amount on Record
Term	180 Months
Due	Mar 1, 2036

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Indiana
County	Tippecanoe County
County Subdivision	Perry Township
Unified School District	Tippecanoe School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$199,200 Land $34,800 Building $164,400	$199,200 Land $34,800 Building $164,400
2024	$1,237.00 (+6.64%)
2023	$1,160.00 (-0.09%)	$183,200 (+4.69%) Land $33,900 Building $149,300	$183,200 (+4.69%) Land $33,900 Building $149,300
2022	$1,161.00	$175,000 Land $32,300 Building $142,700	$175,000 Land $32,300 Building $142,700

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

Flood

FEMA maps place 40 N 1025 E in Zone X, an area of minimal flood risk, though there have been 7 flood claims nearby since 1982.

Source: FEMA National Flood Hazard Layer, effective February 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	6 in force
Nearby Flood Claims	7 (1982–2013)
Claims Outside the SFHA	2 of 7
Most Recent Claim	Apr 2013 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jun 2004 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 40 N 1025 E is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 95% of the US · lower than 68% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 11 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mulberry Cooperative Telephone Company Fiber	1,000 / 1,000

May also be available: T-Mobile.

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