$75,000
SOLD FEB 22, 2013

1109 State St Lafayette, IN 47905

-- Bed
-- Bath
1,590 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

25% Below List Price

98 Days on Market

About This Home

As of August 2015

2-unit investment property, fully rented!! Great location - quick commute to Purdue.

Last Agent to Sell the Property

Erin Romanski

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Last Buyer's Agent

Erin Romanski

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 116x49

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Thomas Miller Elementary School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Insurance Expense $966

Listing and Financial Details

  • Assessor Parcel Number 156-09200-0515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,574

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1979
  • Age: 34
  • Style: One Story
  • Architectural Style: Ranch
  • Legal Description: J Wallace Addn Lot 45 |
  • Parcel Number ID: 156-09200-0515
  • Sp Lp Percent: 75.08
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 1590
  • Above Grade Finished Sq Ft: 1590
  • Price Per Sq Ft: 47.17
  • Basement Foundation: Crawl

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 966

Schools

  • Elementary School: Thomas Miller
  • High School: Jefferson
  • Elementary School: Thomas Miller

Lot Info

  • Lot Dimensions: 116x49

Rental Info

  • Lease Term: 1 Year

Tax Info

  • Total Assessed Value: 73500
  • Annual Property Tax: 1574

Multi Family

  • Number Of Units: 2

MLS Schools

  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 28, 2015
Sold by
Neal Kevin W and Neal Susan C
Bought by
York Mary F
Seller's Agent
Erin Romanski
Keller Williams Indy Metro NE
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$92,500
Sold Price
$88,000
Premium/Discount to List
-$4,500
-4.86%
Total Days on Market
98
Current Estimated Value
$187,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,502
Avg. Annual Appreciation
8.08%
Original Mortgage
$74,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2012
Closed on
Feb 22, 2013
Sold by
Gunstra Mark D
Bought by
Neal Kevin W and Neal Susan C
Seller's Agent
Erin Romanski
Keller Williams Indy Metro NE
Buyer's Agent
Erin Romanski
Keller Williams Indy Metro NE
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$56,250
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Gunstra Bruce A
Bought by
Gunstra Mark D

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bruce Gunstra Builders Inc
Bought by
Gunstra Bruce A

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- None Available
Corporate Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Closed $74,800 New Conventional
Previous Owner $56,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $88,000 -4.9% --
07/16/2015 07/16/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $92,500 +23.3% --
02/22/2013 02/22/13 Sold $75,000 -24.9% $47 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $99,900 -- $63 / Sq Ft
Source: Indiana Regional MLS

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 $1,804 $148,800 $22,500 $126,300
2023 $1,804 $90,200 $22,500 $67,700
2022 $1,752 $87,600 $22,500 $65,100
2021 $1,121 $85,900 $22,500 $63,400
2020 $1,112 $85,900 $22,500 $63,400
2019 $1,108 $85,900 $10,000 $75,900
2018 $1,039 $85,900 $10,000 $75,900
2017 $1,037 $85,900 $10,000 $75,900
2016 $1,020 $85,075 $10,000 $75,075
2014 $1,656 $82,800 $10,000 $72,800
2013 $1,530 $76,500 $10,000 $66,500
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 300484

Indiana Regional MLS

APN: 79-07-28-159-003.000-004