NOT LISTED FOR SALE

Estimated Value: $131,000 - $183,399

4 Beds
2.5 Baths
1,650 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $155,000 $94 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,014/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • Level Lot
  • Forced Air Heating System

About This Home

As of October 2021

Duplex in good condition, great down town locaion, good Purdue access., fully rented 24 hour notice to show, please., #1-1 br, 1 bath #2-3 Brs up., 1.5 bths. Fully rented #18,840 yr giving desirable Cap Rate of 8.56%. Renovated 2011. Agents note Mgmt Co is open Monday-Friday, 9:00-5:00, so plan your requests for showings accordingly. Call Showing time to set up.

Last Listed By

Judy Roark

BerkshireHathaway HS IN Realty Listed on: 08/14/2021

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30x134
  • Barbed Wire
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, heating, lawn maintenance, water
  • Assessor Parcel Number 79-07-20-260-006.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Water Meter
  • Electric Expense $375
  • Insurance Expense $471
  • Water Sewer Expense $721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1915
  • Age: 106
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: cabot and huntington 1/2 lot 28
  • Parcel Number ID: 79-07-20-260-006.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.94
  • Annual Miscellaneous: 1884
  • Monthly Gross Income: 1570
  • Special Features: None

Interior Features

  • Total Sq Ft: 1950
  • Total Finished Sq Ft: 1650
  • Above Grade Finished Sq Ft: 1650
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 93.94
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 300
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Barb Wire
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 375
  • Annual Insurance Expense: 471
  • Annual Water Sewer Expense: 721
  • Number Of W D Hookups: 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: Level
  • Lot Dimensions: 30x134
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1570
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 14, 2021
Sold by
Consolidated Lots Llc
Bought by
Sappy Llc
Seller's Agent
Judy Roark
BerkshireHathaway HS IN Realty
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Total Days on Market
7
Current Estimated Value
$159,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,133
Avg. Annual Appreciation
1.68%
Original Mortgage
$104,800
Outstanding Balance
$96,599
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,025

Purchase Details

Closed on
Jul 27, 2011
Sold by
Taylor Tamarha
Bought by
Consolidated Lots Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Lafayette, IN

  • 2022 Elk St, Lafayette, IN 47904

    $179,900

    • 2 Beds
    • 2 Baths
    • 752 Sq Ft
    • 2022 Elk St
    • Lafayette, IN

    This property is a non-conforming use with 2 rental units on one parcel. Please consult with your lender prior to making an offer. This unique investment opportunity features two separate housing units with grandfather zoning - allowing for flexible living or rental income! The main home is a cozy 2-bedroom, 1-bath residence, featuring a warm sunroom, spacious dining area, and an updated

    Scott Brown Keller Williams Lafayette

    Section Image

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
Sappy Llc $155,000 None Available
Consolidated Lots Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sappy Llc $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $155,000 -6.1% $94 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $165,000 -- $100 / 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 $1,524 $105,800 $9,800 $96,000
2023 $1,524 $76,200 $9,800 $66,400
2022 $1,486 $74,300 $9,800 $64,500
2021 $1,456 $72,800 $9,800 $63,000
2020 $1,266 $63,300 $9,800 $53,500
2019 $1,266 $63,300 $13,800 $49,500
2018 $1,266 $63,300 $13,800 $49,500
2017 $1,232 $61,600 $13,800 $47,800
2016 $1,212 $60,590 $13,800 $46,790
2014 $1,154 $57,700 $13,800 $43,900
2013 $1,086 $54,300 $13,800 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202133764

Indiana Regional MLS

APN: 79-07-20-260-006.000-004