NOT LISTED FOR SALE

Estimated Value: $191,000 - $226,562

6 Beds
2 Baths
1,936 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $35,000 $18 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $1,348/month

35 Days on Market

Highlights

  • Detached Second Garage
  • Luxury Vinyl Tile Flooring
  • 4 Car Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of December 2013

Great investment property. Each side has 980 square feet with 3 bedrooms, 1 bath, large kitchen, big living room. Gas heat, central air, and separate utilities. Owner pays water and sewage. Needs work but great value. 2-car detached garage with extra parking pad. Bank owned property being sold "AS IS". Inspections welcome.

Last Listed By

Richard Ketterer

RE/MAX At The Crossing Listed on: 10/07/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Garage
  • Detached Second Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 79-07-20-260-008.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Age: 13
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cabet & Huntington Addn. Lot 56 |
  • Parcel Number ID: 79-07-20-260-008.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 77.78
  • Year Taxes Payable: 2013
  • Special Features: 20

Interior Features

  • Total Sq Ft: 1936
  • Total Finished Sq Ft: 1936
  • Above Grade Finished Sq Ft: 1936
  • Price Per Sq Ft: 18.08
  • Basement Foundation: Slab
  • Flooring: Part Carpet, Vinyl Tile

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 440

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x132
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 56

Rental Info

  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating

Tax Info

  • Total Assessed Value: 97000
  • Annual Property Tax: 2014

Multi Family

  • Number Of Units: 2
  • Number Of 3 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
Nov 25, 2015
Sold by
Cj Investment Group Llc
Bought by
Glr Fund Llc
Total Days on Market
35
Current Estimated Value
$204,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,720
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Dec 19, 2013
Sold by
First Merchants Bank
Bought by
Cj Investment Group Llc
Seller's Agent
Richard Ketterer
RE/MAX At The Crossing
Buyer's Agent
Stephen Toyra
FRG Lafayette LLC
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$45,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2013
Sold by
Act Investments Llc
Bought by
First Merchants Bank Na

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
Glr Fund Llc -- --
Cj Investment Group Llc -- --
First Merchants Bank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glr Fund Llc $4,700,000
Closed Glr Fund Llc $80,720
Previous Owner Cj Investment Group Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $35,000 -22.2% $18 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $45,000 -- $23 / 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 $2,408 $175,500 $13,000 $162,500
2023 $2,408 $120,400 $13,000 $107,400
2022 $2,350 $117,500 $13,000 $104,500
2021 $2,304 $115,200 $13,000 $102,200
2020 $2,208 $110,400 $13,000 $97,400
2019 $2,208 $110,400 $16,300 $94,100
2018 $2,208 $110,400 $16,300 $94,100
2017 $2,134 $106,700 $16,300 $90,400
2016 $2,102 $105,060 $16,300 $88,760
2014 $2,034 $101,700 $16,300 $85,400
2013 $1,914 $95,700 $16,300 $79,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201314869

Indiana Regional MLS

APN: 79-07-20-260-008.000-004