NOT LISTED FOR SALE

Estimated Value: $187,000 - $240,000

4 Beds
3 Baths
2,048 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $155,000 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,374/month

55 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Siding

About This Home

As of January 2022

Fully rented duplex near downtown Lafayette and Purdue University. Both units have two bedrooms and off-street parking.

Last Agent to Sell the Property

Cole Kesling

Sue O'Brien - Titan RE Listed on: 11/02/2021

Last Buyer's Agent

Cole Kesling

Sue O'Brien - Titan RE Listed on: 11/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38x145
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 79-07-29-233-014.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $840
  • Maintenance Expense $1,000
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: KENDALL'S ADDN PT LOT 7
  • Parcel Number ID: 79-07-29-233-014.000-004
  • Platted: Yes
  • Amenities: Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 3072
  • Total Finished Sq Ft: 2048
  • Above Grade Finished Sq Ft: 2048
  • Below Grade Sq Ft: 1024
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1024
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 840
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 750
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38x145
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 7, 2022
Sold by
Happy People Property Management Llc
Bought by
Jura Martyn and Connolly Keith
Seller's Agent
Cole Kesling
Sue O'Brien - Titan RE
Buyer's Agent
Cole Kesling
Sue O'Brien - Titan RE
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Current Estimated Value
$207,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,681
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Mar 21, 2006
Sold by
Reiss Joy D
Bought by
Lafayette Savings Bank Fsb

Purchase Details

Closed on
Oct 17, 2003
Sold by
Reiss Lane
Bought by
City Of Lafayette

Purchase Details

Closed on
Jun 20, 2002
Sold by
Frances M Sondgerath Acres Lp
Bought by
Reiss Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jura Martyn -- None Listed On Document
Lafayette Savings Bank Fsb -- None Available
City Of Lafayette -- --
Reiss Lane -- Poelstra Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reiss Lane $2,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $155,000 -11.4% $76 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $175,000 -- $85 / 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 $3,356 $167,800 $22,500 $145,300
2023 $2,146 $107,300 $22,500 $84,800
2022 $2,054 $102,700 $22,500 $80,200
2021 $1,786 $89,300 $22,500 $66,800
2020 $1,786 $89,300 $22,500 $66,800
2019 $1,786 $89,300 $10,000 $79,300
2018 $1,768 $88,400 $10,000 $78,400
2017 $1,720 $86,000 $10,000 $76,000
2016 $1,720 $86,000 $10,000 $76,000
2014 $1,598 $79,900 $10,000 $69,900
2013 $1,476 $73,800 $10,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202145995

Indiana Regional MLS

APN: 79-07-29-233-014.000-004