NOT LISTED FOR SALE

Estimated Value: $129,000 - $147,000

1 Bed
2 Baths
960 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $105,000 $109 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $873/month

17 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of June 2021

Nice New Kitchens and new flooring throughout Also have 2 other duplexes and a 3 unit for sale

Last Listed By

Brent Parks

BW Parks Property Mgmt Listed on: 05/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1960

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Sloped Lot

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for maintenance, sewer, water
  • Assessor Parcel Number 79-07-29-407-004.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Fuel Expense $100
  • Insurance Expense $700
  • Maintenance Expense $936
  • Trash Expense $80
  • Water Sewer Expense $565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$964

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1960
  • Age: 61
  • Style: One Story
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: JOHN LEVERINGS ADDN LOT 40
  • Parcel Number ID: 79-07-29-407-004.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Detector-Smoke, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.54
  • Annual Miscellaneous: 312
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 109.38
  • Basement Foundation: Crawl
  • Flooring: Vinyl Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Electric: 100
  • Annual Fuel Expense: 100
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 936
  • Annual Trash Expense: 80
  • Annual Water Sewer Expense: 565
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Lafayette
  • Elementary School: Thomas Miller
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 50 X 130
  • Estimated Lot Sq Ft: 6490
  • Estimated Lot Size Acres: 0.149

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Sewer, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 28, 2021
Sold by
Te Investment Llc
Bought by
Cfi 3 Llc
Seller's Agent
Brent Parks
BW Parks Property Mgmt
Buyer's Agent
Spencer Childers
Keller Williams Lafayette
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Total Days on Market
17
Current Estimated Value
$138,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,311
Avg. Annual Appreciation
8.33%
Original Mortgage
$78,750
Outstanding Balance
$72,529
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$70,681

Purchase Details

Closed on
Jun 21, 2019
Sold by
Ford Michael A
Bought by
Te Inc Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Lafayette Savings Bank Fsb
Bought by
Ford Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Vaughn Marc A and Vaughn Regina A
Bought by
G Money Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2002
Sold by
Qualio John M and Qualio Cathy Lynn
Bought by
Vaughn Marc A and Vaughn Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cfi 3 Llc $105,000 None Available
Te Inc Llc -- None Available
Ford Michael A -- None Available
G Money Corp -- --
Vaughn Marc A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cfi 3 Llc $78,750
Previous Owner Ford Michael A $232,000
Previous Owner G Money Corp $123,200
Previous Owner Vaughn Marc A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $105,000 -4.5% $109 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $109,900 -- $114 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $1,282 $85,400 $13,000 $72,400
2023 $1,282 $64,100 $13,000 $51,100
2022 $1,226 $61,300 $13,000 $48,300
2021 $1,156 $57,800 $13,000 $44,800
2020 $964 $48,200 $13,000 $35,200
2019 $964 $48,200 $10,000 $38,200
2018 $936 $46,800 $10,000 $36,800
2017 $910 $45,500 $10,000 $35,500
2016 $910 $45,500 $10,000 $35,500
2014 $852 $42,600 $10,000 $32,600
2013 $802 $40,100 $10,000 $30,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202118003

Indiana Regional MLS

APN: 79-07-29-407-004.000-004