101 Walnut St Lafayette, IN 47905
Wabash NeighborhoodEstimated Value: $125,000 - $164,000
5
Beds
2
Baths
2,320
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Covered patio or porch
- 1-Story Property
- Corner Lot
- Forced Air Heating and Cooling System
About This Home
As of September 2023Exceptional duplex investment opportunity in Lafayette's thriving Wabash neighborhood! This unique property comprises two separate houses, offering versatility and potential for savvy investors. One unit has been thoughtfully updated, boasting modern amenities and turnkey convenience. The second unit requires your personal touch to unlock its true potential. With a total gross monthly rent of $1650, this property guarantees immediate income. Unit 103 rent is $925, unit 101 is $725. Secure your financial future with tenants already in place, each committed to a year-long lease expiring in July 2024. Don't miss out on this remarkable chance to invest in a vibrant community and enjoy the rewards for years to come! Can be purchased as a package deal with 2420 N 19th St, Lafayette and 157 N Monroe St, Camden.
Last Agent to Sell the Property
Bradford Real Estate Brokerage Phone: 765-714-2550 Listed on: 08/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,438
Year Built
- Built in 1930
Lot Details
- 7,187 Sq Ft Lot
- Lot Dimensions are 60x120
- Corner Lot
Home Design
- Duplex
- Brick Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Basement
- Basement Cellar
- Fire and Smoke Detector
- Laminate Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Washer Hookup
Parking
- 5 Parking Spaces
- On-Street Parking
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for cooling, electric, fuel, heating
- The owner pays for building insurance, sewer, water
- Assessor Parcel Number 79-07-29-128-005.000-004
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,000
- Maintenance Expense $1,000
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2023
Closed on
Sep 8, 2023
Sold by
Cfb Enterprises Llc and Meb Enterprises Llc
Bought by
Medrano Eliseo
Seller's Agent
Chris Bradford
Bradford Real Estate
Buyer's Agent
Carlos Bonilla
BerkshireHathaway HS IN Realty
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,149
Avg. Annual Appreciation
9.66%
Purchase Details
Closed on
Aug 16, 2010
Sold by
Benjamin Mark E
Bought by
Meb Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.63%
Mortgage Type
Seller Take Back
Similar Homes in Lafayette, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medrano Eliseo | $125,000 | Metropolitan Title | |
| Meb Enterprises Llc | $125,000 | Metropolitan Title | |
| Meb Enterprises Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Meb Enterprises Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $125,000 | -13.8% | $54 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/17/2023 08/17/23 | For Sale | $145,000 | -- | $63 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,502 | $152,500 | $13,000 | $139,500 |
| 2023 | $1,502 | $75,100 | $13,000 | $62,100 |
| 2022 | $1,438 | $71,900 | $13,000 | $58,900 |
| 2021 | $1,250 | $62,500 | $13,000 | $49,500 |
| 2020 | $1,250 | $62,500 | $13,000 | $49,500 |
| 2019 | $1,250 | $62,500 | $10,000 | $52,500 |
| 2018 | $1,238 | $61,900 | $10,000 | $51,900 |
| 2017 | $1,198 | $59,900 | $10,000 | $49,900 |
| 2016 | $1,198 | $59,900 | $10,000 | $49,900 |
| 2014 | $1,114 | $55,700 | $10,000 | $45,700 |
| 2013 | $1,006 | $50,300 | $10,000 | $40,300 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Bradford
Seller's Agent in 2023
Chris Bradford
Bradford Real Estate
(765) 714-2550
2 in this area
144 Total Sales
-
Carlos Bonilla
C
Buyer's Agent in 2023
Carlos Bonilla
BerkshireHathaway HS IN Realty
(765) 543-5726
1 in this area
27 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202329600
APN: 79-07-29-128-005.000-004
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