NOT LISTED FOR SALE

1015 Ferry St Lafayette, IN 47901

Historic Jefferson Neighborhood

Estimated Value: $259,000 - $317,000

4 Beds
4 Baths
2,857 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 14, 2025

Last sale price $350,000 $123 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,761/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Laundry closet
  • Carpet
  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Stockton Park

About This Home

As of January 2025

The Marquis Group of KW Commercial Lafayette is pleased to present this fully rented fourplex located near downtown Lafayette. Recent improvements include a new roof and gutters.

Last Agent to Sell the Property

Nate Gustus

Keller Williams Commercial Listed on: 12/17/2024

Keller Williams Commercial

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Corner Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

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

Location

  • Suburban Location

Schools

  • Murdock Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax, trash collection, water
  • Assessor Parcel Number 79-07-21-359-008.000-004
  • Seller Concessions Offered

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $268
  • Insurance Expense $2,118
  • Maintenance Expense $4,500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,850

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1920
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: TAYLOR HANNA HARTER & STOCKWELLADDN LOT 53
  • Parcel Number ID: 79-07-21-359-008.000-004
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: 11th
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3718
  • Total Finished Sq Ft: 2857
  • Above Grade Finished Sq Ft: 2857
  • Below Grade Sq Ft: 861
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 861
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Fuel Expense: 268
  • Annual Insurance Expense: 2118
  • Annual Maintenance Expense: 4500
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • Elementary School: Murdock

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 50x126
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2850

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Jefferson
  • Middle School: Sunnyside/Tecumseh
  • School District: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Cobra Kai Properties Llc
Bought by
Ck Centier Properties Llc
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$576,111
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$288,111

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 14, 2025
Sold by
T & T Development Llc
Bought by
Cobra Kai Properties Llc
Seller's Agent
Nate Gustus
Keller Williams Commercial
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$350,000
Sold Price
$350,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.09%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Campus Living Properties Llc
Bought by
T & T Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Haynes Mark T and Haynes Renee L
Bought by
Waggoner Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2001
Sold by
Mennen Rentals Llc
Bought by
Haynes Mark T and Haynes Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ck Centier Properties Llc -- None Listed On Document
Cobra Kai Properties Llc -- Columbia Title
T & T Development Llc -- None Available
Waggoner Joshua L -- --
Haynes Mark T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ck Centier Properties Llc $625,000
Previous Owner T & T Development Llc $95,250
Previous Owner Waggoner Joshua L $141,000
Previous Owner Haynes Mark T $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2025 01/14/25 Sold $350,000 0.0% $123 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $350,000 -- $123 / 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 $3,184 $159,200 $10,000 $149,200
2023 $2,850 $142,500 $10,000 $132,500
2022 $2,000 $100,000 $16,000 $84,000
2021 $2,088 $87,000 $16,000 $71,000
2020 $1,740 $87,000 $16,000 $71,000
2019 $1,674 $83,700 $16,000 $67,700
2018 $1,674 $83,700 $16,000 $67,700
2017 $1,630 $81,500 $16,000 $65,500
2016 $1,614 $80,730 $16,000 $64,730
2014 $1,514 $75,700 $16,000 $59,700
2013 $1,422 $71,100 $16,000 $55,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nate Gustus

    Keller Williams Commercial

    (317) 522-8608

    3 in this area

    30 Total Sales

    Nate Gustus
    Section Image

  • L

    Buyer's Agent in 2025

    LAF NonMember

    NonMember LAF

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202447433

Indiana Regional MLS

APN: 79-07-21-359-008.000-004

Indiana Tippecanoe County Lafayette 47901 Historic Jefferson

1015 Ferry St, Lafayette, IN

Not Listed for Sale

MultiFamily

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