NOT LISTED FOR SALE

Estimated Value: $176,000 - $251,000

4 Beds
3 Baths
2,184 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $145,000 $66 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,395/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Laundry in Utility Room
  • 4-minute walk to Stockton Park

About This Home

As of August 2019

You do not want to miss out on this FABULOUS investment opportunity! Exceptionally well maintained TriPlex, offering 3 apartments, including one 2 bedroom apartment on the main level & two 1 bedroom apartments on the 2nd level. This Multiunit is currently completely occupied. Freshly Painted inside & out, PLUS a Newer Roof! GREAT, CLEAN, WELL MAINTAINED home in a easily accessible Downtown location. CALL TODAY!

Last Listed By

Jami Ade

Koppelmann Real Estate Listed on: 07/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 50 x 69
  • Corner Lot

Home Design

  • Triplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Laundry in Utility Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 4 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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, heating, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-21-316-002.000-004

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,900
  • Fuel Expense $1,849
  • Insurance Expense $1,600
  • Water Sewer Expense $543

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,786

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1901
  • Age: 118
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: TAYLOR HANNA HARTER & STOCKWELL ADDNEX 57 FT S LOT 93
  • Parcel Number ID: 79-07-21-316-002.000-004
  • Platted: Yes
  • Amenities: Basement, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.73
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3260
  • Total Finished Sq Ft: 2184
  • Above Grade Finished Sq Ft: 2184
  • Below Grade Sq Ft: 1076
  • Price Per Sq Ft: 66.39
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance, Unfinished
  • Basement Material: Block
  • Flooring: Vinyl, Wood
  • Total Below Grade Sq Ft: 1076
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1900
  • Annual Fuel Expense: 1849
  • Annual Insurance Expense: 1600
  • Annual Water Sewer Expense: 543
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 50 X 69

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1786

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 15, 2019
Sold by
Traeger Richard and Traeger Karyl
Bought by
Popejoy Melissa
Seller's Agent
Jami Ade
Koppelmann Real Estate
Buyer's Agent
Lindsey Foster
The Real Estate Agency
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Total Days on Market
4
Current Estimated Value
$217,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,967
Avg. Annual Appreciation
7.15%
Original Mortgage
$108,750
Outstanding Balance
$96,270
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$119,751

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
Popejoy Melissa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popejoy Melissa $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $145,000 -3.3% $66 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $149,900 -- $69 / 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 $2,168 $138,800 $9,800 $129,000
2023 $2,168 $108,400 $9,800 $98,600
2022 $2,074 $103,700 $9,800 $93,900
2021 $1,804 $90,200 $9,800 $80,400
2020 $1,804 $90,200 $9,800 $80,400
2019 $1,804 $90,200 $10,000 $80,200
2018 $1,786 $89,300 $10,000 $79,300
2017 $1,728 $86,400 $10,000 $76,400
2016 $1,690 $84,500 $10,000 $74,500
2014 $1,572 $78,600 $10,000 $68,600
2013 $1,452 $72,600 $10,000 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201929704

Indiana Regional MLS

APN: 79-07-21-316-002.000-004