513 Trace 5
West Lafayette, IN 47906
2 bd 3 ba 1,638 sqft Built 1984 Lot 2,134 sqft condos
Most recent sale
$195,000
Jul 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 19, 2024 | Listed | $270,000 | IRMLS |
| Jul 30, 2021 | Sold | $195,000 | IRMLS |
| May 29, 2007 | Sold | $127,680 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $168,500 | $27,400 | $195,900 | $2,266 |
| 2022 | $131,500 | $27,400 | $158,900 | $1,808 |
| 2021 | $112,600 | $27,400 | $140,000 | $1,532 |
| 2020 | $102,400 | $27,400 | $129,800 | $1,344 |
| 2019 | $100,400 | $27,400 | $127,800 | $1,290 |
| 2018 | $100,400 | $16,900 | $117,300 | $1,134 |
| 2017 | $95,300 | $16,900 | $112,200 | $1,105 |
| 2016 | $90,600 | $16,900 | $107,500 | $991 |
| 2015 | $93,100 | $16,900 | $110,000 | $950 |
| 2013 | $92,000 | $16,900 | $108,900 | $2,990 |
| 2012 | $105,300 | $16,900 | $122,200 | $1,176 |
| 2011 | $101,800 | $12,400 | $114,200 | $1,206 |
| 2010 | $100,100 | $12,400 | $112,500 | $975 |
| 2007 | $107,000 | $12,400 | $119,400 | $1,415 |
Property facts
Year built
1984
Property type
condos
Stories
—
Beds
2
Baths
3
Living area
1,638 sqft
Lot size
2,134 sqft
ZIP code
47906
City
West Lafayette
Street
Trace 5
Coordinates
40.44985, -86.92313
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 513 Trace 5 last sell?
513 Trace 5 most recently sold on Jul 30, 2021 for $195,000.
What is the current tax assessment for 513 Trace 5?
The most recent total assessment for 513 Trace 5 (year 2024) is $195,900 with $2,266 in property tax.
How does 513 Trace 5's assessment compare to its last sale price?
The current assessment is 0.5% above the last sale price of $195,000.
When was 513 Trace 5 built?
513 Trace 5 was built in 1984.
How does 513 Trace 5 compare to others on Trace 5?
We track 5 other properties on Trace 5. Browse the list under "Other properties on Trace 5" to compare beds, baths, and sale history.
What are the property facts for 513 Trace 5?
513 Trace 5 is a 2 bed, 3 bath, 1,638 sqft, 2,134 sqft lot condos.
Is 513 Trace 5 a flip candidate?
No — 513 Trace 5 does not appear in our flips dataset.
Is 513 Trace 5 a tax-appeal candidate?
No — 513 Trace 5 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.4%
2026 Q3
$400.3K
2026 Q4
$398.8K
ZIP 47906 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Trace 5