110 S 16th St Lafayette, IN 47905
Valley Center NeighborhoodEstimated payment $2,425/month
Highlights
- Traditional Architecture
- Corner Lot
- Forced Air Heating System
- Wood Flooring
- Eat-In Kitchen
- Ceiling Fan
About This Home
MOTIVATED SELLER! Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue.Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.
Listing Agent
Keller Williams Lafayette Brokerage Phone: 818-648-7130 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,123
Year Built
- Built in 1910
Lot Details
- 653 Sq Ft Lot
- Lot Dimensions are 50x 132
- Corner Lot
Home Design
- Duplex
- Traditional Architecture
- Converted Dwelling
- Shingle Roof
- Rubber Roof
- Vinyl Construction Material
Interior Spaces
- 1,360 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Partially Finished Basement
- Block Basement Construction
- Fire and Smoke Detector
- Laundry in Kitchen
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Public Parking
- Driveway
Location
- Suburban Location
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- The owner pays for alarm, building insurance, electric, heating, lawn maintenance, maintenance, sewer, trash collection, water
- Assessor Parcel Number 79-07-28-129-008.000-004
- Seller Concessions Offered
Community Details
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Water Sewer Expense $1,300
Additional Features
- 2 Units
- Community Storage Space
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,123 | $230,500 | -- | $230,500 |
| 2023 | $4,003 | $180,800 | $0 | $180,800 |
| 2022 | $4,069 | $174,700 | $0 | $174,700 |
| 2021 | $4,006 | $168,000 | $0 | $168,000 |
| 2020 | $3,955 | $165,800 | $0 | $165,800 |
| 2019 | $3,848 | $161,300 | $0 | $161,300 |
| 2018 | $3,765 | $157,500 | $0 | $157,500 |
| 2017 | $3,609 | $153,700 | $0 | $153,700 |
| 2016 | $3,530 | $152,200 | $0 | $152,200 |
| 2014 | $3,366 | $144,900 | $0 | $144,900 |
| 2013 | $3,304 | $143,300 | $0 | $143,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $349,900 | -- | $257 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202540185
APN: 79-07-28-129-008.000-004
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