
1118 S 2nd St Lafayette, IN 47905
Miller NeighborhoodEstimated payment $1,106/month
About This Home
This duplex investment property offers a fantastic opportunity with both sides currently rented, unit 1 with a long-term tenant. Unit 1 offers 2 beds/1 bath, a spacious living room, separate dining area, a covered porch in addition to the front porch and a large, fenced yard. Unit 2 which was remodeled in 2023, offers 1 bed/1 bath, roomy living room and a private entrance with off road parking. There is a garage and carport on the property as well. With its location close to downtown, this investment provides both convenience and accessibilty for current or future tenants. In 2023, this unit received new flooring, new paint, baseboard heating in addition to all new appliances. Owner only pays water and sewer in the utility category. New Gutters and new siding on back unit were also added in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,454
Year Built
- Built in 1935
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 1-Story Property
- 5,700 Sq Ft Lot
- Basement
Community Details
- Subdivision Not Available See Legal
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 790729463006000004
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 | $1,453 | $117,500 | $13,000 | $104,500 |
2023 | $941 | $76,100 | $13,000 | $63,100 |
2022 | $1,458 | $72,800 | $13,000 | $59,800 |
2021 | $1,377 | $68,700 | $13,000 | $55,700 |
2020 | $1,377 | $68,700 | $13,000 | $55,700 |
2019 | $1,378 | $68,700 | $10,000 | $58,700 |
2018 | $1,338 | $66,700 | $10,000 | $56,700 |
2017 | $1,302 | $64,900 | $10,000 | $54,900 |
2016 | $1,307 | $65,200 | $10,000 | $55,200 |
2014 | $1,215 | $60,600 | $10,000 | $50,600 |
2013 | $1,107 | $55,200 | $10,000 | $45,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/29/2025 07/29/25 | Price Changed | $179,900 | -2.8% | -- |
06/25/2025 06/25/25 | For Sale | $185,000 | 0.0% | -- |
06/07/2025 06/07/25 | Pending | -- | -- | -- |
06/04/2025 06/04/25 | For Sale | $185,000 | +20.9% | -- |
12/07/2023 12/07/23 | Sold | $153,000 | -12.6% | $129 / Sq Ft |
11/15/2023 11/15/23 | Pending | -- | -- | -- |
11/09/2023 11/09/23 | For Sale | $175,000 | +110.8% | $148 / Sq Ft |
07/28/2023 07/28/23 | Sold | $83,000 | +10.7% | $70 / Sq Ft |
07/14/2023 07/14/23 | Pending | -- | -- | -- |
07/13/2023 07/13/23 | For Sale | $75,000 | -- | $63 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $153,000 | Metropolitan Title | |
Deed | $83,000 | Metropolitan Title | |
Quit Claim Deed | -- | -- | |
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $145,350 | New Conventional |
Similar Home in Lafayette, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22043124

APN: 79-07-29-463-006.000-004
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