N
Seller's Agent in 2021
Nate Gustus
Keller Williams Commercial
(317) 522-8608
3 in this area
37 Total Sales
1107 Ferry St Lafayette, IN 47901
Historic Jefferson NeighborhoodEstimated Value: $268,000 - $336,000
3
Beds
3
Baths
2,026
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- 1-minute walk to Stockton Park
- 2 Car Detached Garage
- 1-Story Property
About This Home
As of August 2021Nicely maintained, 3 unit fully rented income property near downtown Lafayette. Lots of updates including a newer roof, insulation, electronic door access and wifi temperature control.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,820
Year Built
- Built in 1920
Lot Details
- 6,316 Sq Ft Lot
- Lot Dimensions are 36x128
Interior Spaces
- 1-Story Property
- Partially Finished Basement
- Crawl Space
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Detached Garage
- Off-Street Parking
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, trash collection, water
- Assessor Parcel Number 79-07-21-360-004.000-004
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $2,000
- Fuel Expense $2,000
- Insurance Expense $1,000
- Maintenance Expense $5,000
- Water Sewer Expense $800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2025
Sold by
Burks Matthew L
Bought by
Mb Real Estate Llc
Current Estimated Value
Purchase Details
Listed on
Apr 23, 2021
Closed on
Jul 31, 2021
Sold by
Haag Gregory Lynn
Bought by
Burks Matthew L
Seller's Agent
Nate Gustus
Keller Williams Commercial
Buyer's Agent
Nate Gustus
Keller Williams Commercial
List Price
$230,000
Sold Price
$230,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 7, 2005
Sold by
Milakis Mark C and Milakis Lisa E
Bought by
Provo Marsha L
Purchase Details
Closed on
Jan 27, 2004
Sold by
Hanson Robert M and Hanson Virginia
Bought by
Haag Ii Gregory Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
4.87%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mb Real Estate Llc | -- | Meridian Title Company | |
| Burks Matthew L | -- | None Available | |
| Provo Marsha L | -- | Poelstra Title Company | |
| Haag Ii Gregory Lynn | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burks Matthew L | $180,000 | |
| Previous Owner | Haag Ii Gregory Lynn | $10,000 | |
| Previous Owner | Haag Ii Gregory Lynn | $85,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $230,000 | 0.0% | $114 / Sq Ft |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $230,000 | -- | $114 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,013 | $121,800 | $13,000 | $108,800 |
| 2023 | $1,571 | $109,300 | $13,000 | $96,300 |
| 2022 | $1,463 | $104,600 | $13,000 | $91,600 |
| 2021 | $718 | $91,000 | $13,000 | $78,000 |
| 2020 | $1,820 | $91,000 | $13,000 | $78,000 |
| 2019 | $1,750 | $87,500 | $12,000 | $75,500 |
| 2018 | $1,732 | $86,600 | $12,000 | $74,600 |
| 2017 | $1,686 | $84,300 | $12,000 | $72,300 |
| 2016 | $1,668 | $83,420 | $12,000 | $71,420 |
| 2014 | $1,592 | $79,600 | $12,000 | $67,600 |
| 2013 | $1,492 | $74,600 | $12,000 | $62,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Indiana Regional MLS
MLS Number: 202113955
APN: 79-07-21-360-004.000-004
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