NOT LISTED FOR SALE

1102 Ferry St Lafayette, IN 47901

Historic Jefferson Neighborhood

Estimated Value: $399,000 - $418,605

8 Beds
4 Baths
3,704 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $380,000 $103 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,533/month

6 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • 2-minute walk to Stockton Park
  • Central Air

About This Home

As of October 2023

This conveniently located close to downtown fourplex has been well maintained and ready for a new investor! This building is close to shopping, food, entertainment and more! Washer and dryers in all units! 4 Separate meters for Gas and Electric. All four units are rented 2 Bed 1 Bath 2/1 Occupied 925.00 08/01/2023 - 07/31/2024 2/1 Occupied 925.00 07/01/2023 - 06/30/2024 2/1 Occupied 930.00 08/01/2023 - 07/31/2024 2/1 Occupied 850.00 02/01/2022 - 05/31/2024

Last Agent to Sell the Property

Ryan Griswold

Elite Property Mgmt and Realty Listed on: 09/19/2023

Last Buyer's Agent

Kevin McCraw

Elite Property Mgmt and Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Corner Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,704 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for lawn maintenance, maintenance, parking, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 79-07-21-351-007.000-004

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,744
  • Maintenance Expense $500
  • Water Sewer Expense $842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1880
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: TAYLOR HANNA HARTER & STOCKWELL ADDNLOT 69
  • Parcel Number ID: 79-07-21-351-007.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Special Features: None

Interior Features

  • Total Sq Ft: 3704
  • Total Finished Sq Ft: 3704
  • Above Grade Finished Sq Ft: 3704
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1744
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 842
  • Number Electric Meters: 4
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50X126
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 69

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Parking, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Annual Property Tax: 3520

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 20, 2023
Sold by
3Rw Investment Properties Llc
Bought by
Abdul Sajas Abdul and Nair Salam Dileep
Seller's Agent
Ryan Griswold
Elite Property Mgmt and Realty
Buyer's Agent
Kevin McCraw
Elite Property Mgmt and Realty
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Views
28
Current Estimated Value
$408,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,803
Avg. Annual Appreciation
3.32%
Original Mortgage
$285,000
Outstanding Balance
$279,469
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$129,334

Purchase Details

Closed on
Jun 21, 2022
Sold by
Joseph Romero
Bought by
Jrw Investment Properties Llc

Purchase Details

Closed on
Jan 10, 2022
Sold by
Bryan Properties Llc
Bought by
Romero Joseph and Wesson Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jul 30, 2016
Sold by
Adkins David E and Adkins Kathleen A
Bought by
Bryan Properties Llc
Seller's Agent
Shannon O'Malley
F.C. Tucker/Shook
Buyer's Agent
Non-mls Member
NonMember BED
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$145,178
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2005
Sold by
Werner James C
Bought by
Adkins David E and Adkins Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2003
Sold by
Simmons William R
Bought by
Warner James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mennen Robert C
Bought by
Simmons William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2002
Sold by
Simmons William R and Simmons Mariclair
Bought by
Mennen Builders Inc and Drm Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdul Sajas Abdul -- Metropolitan Title
Jrw Investment Properties Llc -- None Listed On Document
Romero Joseph -- None Listed On Document
Bryan Properties Llc -- --
Adkins David E -- --
Warner James C -- --
Simmons William R -- --
Mennen Builders Inc -- Poelstra Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdul Sajas Abdul $285,000
Previous Owner Romero Joseph $240,000
Previous Owner Bryan Properties Llc $145,178
Previous Owner Adkins David E $138,750
Previous Owner Warner James C $135,200
Closed Warner James C $33,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $380,000 -4.8% $103 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $399,000 +232.5% $108 / Sq Ft
08/03/2016 08/03/16 Sold $120,000 -14.3% $33 / Sq Ft View Prior Sale
06/06/2016 06/06/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $140,000 -- $38 / 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 $5,006 $250,300 $13,000 $237,300
2023 $3,678 $183,900 $13,000 $170,900
2022 $3,520 $176,000 $13,000 $163,000
2021 $3,060 $153,000 $13,000 $140,000
2020 $3,060 $153,000 $10,000 $143,000
2019 $2,942 $147,100 $0 $147,100
2018 $2,870 $143,500 $0 $143,500
2017 $2,128 $106,400 $10,000 $96,400
2016 $2,108 $105,360 $10,000 $95,360
2014 $1,994 $99,700 $10,000 $89,700
2013 $1,838 $91,900 $10,000 $81,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Griswold

    Seller's Agent in 2023

    Ryan Griswold

    Elite Property Mgmt and Realty

    (765) 426-5502

    3 in this area

    105 Total Sales

    Ryan Griswold
    Section Image
  • Kevin McCraw

    Buyer's Agent in 2023

    Kevin McCraw

    Elite Property Mgmt and Realty

    (765) 714-2215

    3 in this area

    24 Total Sales

    Kevin McCraw
    Section Image
  • Shannon O'Malley

    Seller's Agent in 2016

    Shannon O'Malley

    F.C. Tucker/Shook

    (765) 479-0498

    13 Total Sales

    Shannon O'Malley
    Section Image

  • N

    Buyer's Agent in 2016

    Non-mls Member

    NonMember BED

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202334134

Indiana Regional MLS

APN: 79-07-21-351-007.000-004

Indiana Tippecanoe County Lafayette 47901 Historic Jefferson

1102 Ferry St, Lafayette, IN

Not Listed for Sale

MultiFamily

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