NOT LISTED FOR SALE

1018 Salem St Lafayette, IN 47904

Lincoln Neighborhood

Estimated Value: $60,564 - $190,000

4 Beds
2 Baths
2,324 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $38,000 $16 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $903/month

148 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of March 2018

Property sold "As Is"

Last Listed By

Shannon O'Malley

F.C. Tucker/Shook Listed on: 08/21/2017

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 8,246 Sq Ft Lot
  • Lot Dimensions are 62x133
  • Corner Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 79-07-21-162-012.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Age: 117
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Orths Addn Lot 52 & Bal 12 Ft Lot 51
  • Parcel Number ID: 79-07-21-162-012.000-004
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: N 11th
  • Location: City/Town/Suburb
  • Road Access: City
  • Sp Lp Percent: 89.41
  • State Id: 156050001371
  • Zoning Description: R3
  • Special Features: None

Interior Features

  • Total Sq Ft: 3248
  • Total Finished Sq Ft: 2324
  • Above Grade Finished Sq Ft: 2324
  • Below Grade Sq Ft: 924
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Wood
  • Total Below Grade Sq Ft: 924
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat, Shingle
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 62x133
  • Estimated Lot Sq Ft: 8246
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 87000
  • Annual Property Tax: 1732

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Feb 19, 2018
Sold by
Jones Trust
Bought by
Salem Investments Llc
Seller's Agent
Shannon O'Malley
F.C. Tucker/Shook
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$65,000
Sold Price
$38,000
Premium/Discount to List
-$27,000
-41.54%
Total Days on Market
148
Current Estimated Value
$145,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,855
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Aug 20, 2014
Sold by
Jones Wiley A
Bought by
Jones Trust

Range of Values:

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Average Value
Not Available
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
Salem Investments Llc -- --
Jones Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2018 03/05/18 Sold $38,000 -41.5% $16 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
08/21/2017 08/21/17 For Sale $65,000 -- $28 / 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 $1,088 $135,700 $16,300 $119,400
2023 $1,088 $54,400 $16,300 $38,100
2022 $1,062 $53,100 $16,300 $36,800
2021 $1,042 $52,100 $16,300 $35,800
2020 $868 $43,400 $16,300 $27,100
2019 $546 $26,500 $16,900 $9,600
2018 $543 $89,400 $16,900 $72,500
2017 $1,752 $87,000 $16,900 $70,100
2016 $1,732 $86,090 $16,900 $69,190
2014 $1,648 $81,800 $16,900 $64,900
2013 $1,549 $76,900 $16,900 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Shannon O'Malley

    Seller's Agent in 2018

    Shannon O'Malley

    F.C. Tucker/Shook

    (765) 479-0498

    2 in this area

    13 Total Sales

    Shannon O'Malley
    Section Image

  • L

    Buyer's Agent in 2018

    LAF NonMember

    NonMember LAF

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201738798

Indiana Regional MLS

APN: 79-07-21-162-012.000-004

Indiana Tippecanoe County Lafayette 47904 Lincoln

1018 Salem St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 1018 Salem St, Lafayette, IN 47904 since 21 August 2017 and is currently estimated at $145,855, approximately $62 per square foot. This property was built in 1901. 1018 Salem St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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