NOT LISTED FOR SALE

1040 N 21st (2013 2015 2017 Elmwood) Lafayette, IN 47904

Saint Lawrence McAllister Neighborhood
8 Beds
4 Baths
3,328 Sq Ft
0.48 Acres

Last Sold October 09, 2014

Last sale price $125,000 $38 Per Sq Ft

274 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • 1 Car Garage
  • Partially Wooded Lot
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of October 2014

LOWERED PRICE $35,000! MUST SELL! Fantastic investment opportunity that has 2 buildings, 4 units/4 addresses. Bldg 1-1040 N 21st & 2017 Elmwood. Bldg 2 - 2013 & 2015 Elmwood Ave. All have current tenants except 2013 Elmwood. All include washer/dryer hookups, 2 bedrooms, 1 full bath, living room & kitchen and car port. Each rents for $500/month.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 10/22/2013

@properties

Last Buyer's Agent

Non-mls Member

NonMember BED

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Garage
  • Carport

Location

  • Suburban Location

Schools

  • Vinton 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 cable, cooling, electric, fuel, heating, lawn maintenance, snow removal
  • The owner pays for maintenance, sewer, tax, water
  • Assessor Parcel Number 79-07-21-259-002.000-004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1955
  • Age: 59
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Rose Lawn SD Lot 12, 13 & 28 FT East Side Lot 11 EX S 46 Ft, class 599 Res Other Residential Structr |
  • Parcel Number ID: 79-07-21-259-002.000-004
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Water Heater Electric
  • Cross Street: Greenbush/S 18th
  • Location: City/Town/Suburb
  • Section Number: Lots 12,13 & 28
  • Sp Lp Percent: 92.59
  • State Id: 156052000610
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2012 pay 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 3328
  • Total Finished Sq Ft: 3328
  • Above Grade Finished Sq Ft: 3328
  • Price Per Sq Ft: 37.56
  • Flooring: Carpet, Mixed, Ceramic Tile, Vinyl Tile, Wood
  • Main Level Sq Ft: 1664
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Private

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: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 156x116 & 29x97
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.479

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Snow Removal

Tax Info

  • Total Assessed Value: 202000
  • Annual Property Tax: 4283.66

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 3

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $125,000 -26.5% $38 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $170,000 -- $51 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201315869

Indiana Regional MLS