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Courtesy of F.C. Tucker/Shook, ANDIE PAXTON, 765-742-1400
3 Beds
3 Baths
2,308 sqft

$345,000

4222 Mayflower Drive, Lafayette IN, 47909

Price per sqft$149.48
Built in1991
Property size2,308 sqft
Property typeResidential

Overview

Active

Updated 3 days ago

SELLER OFFERING $8,176.88 FOR BUYER'S CLOSING COSTS OR TO HELP BUY DOWN THEIR RATE WITH THIS BUYDOWN OPTION!! This inviting property offers 3 bedrooms, 2.5 baths, brand new flooring on the main level and plenty of room to spread out! Beyond the home's charm, the seller is offering an incredible financing opportunity designed to keep money in your pocket. As detailed in the document (2nd Photo) "2-1 Buydown vs Price Reduction," you have a powerful alternative to a standard price reduction. Dropping the purchase price from $345,000 to $337,000 only saves you $55.25 per month. However, using the $8,176.88 in seller-provided funds for a 2-1 Buydown drastically lowers your initial monthly payments (based on a 5% down payment): Year One: Your interest rate is bought down by 2%, dropping your monthly principal and interest payment to just $1,931.90. This is a massive savings of $450.93 every single month! Year Two: Your rate is bought down by 1%, making your payment a highly manageable $2,152.35, which still saves you $230.48 each month. Year Three and Beyond: Your payment normalizes to the standard note rate payment of $2,382.83. A traditional price reduction would take a staggering 148 months to break even against the massive upfront savings provided by this 2-1 Buydown. Ready to make this home yours and take advantage of these unparalleled savings?

$2,295/mo

Est. mortgage payment based on a $345,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202630695

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$1,763
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 3:54 AM UTC, 10/7/2026

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