$116,000
SOLD MAR 10, 2022
3 Beds
1 Bath
864 Sq Ft
7,140 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

11% Below List Price

75 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Eat-In Kitchen
  • Ceiling Fan
  • Level Lot

About This Home

As of March 2022

This is a 3 bedroom, 1 bath, 2 car detached garage on south side of town. The tenant has a lease to May 2022. The home has laminate flooring living room, hallway, and bedrooms, with eat in kitchen, a new tub/shower and concrete driveway. The home has a large L shaped fenced backyard that goes around the 2 car garage. The home has been low maintenance and in an excellent location. Due to work schedules, please schedule showings Monday, Wed, Friday from 3PM to 6PM. Home is subject to tenant’s rights and requires 24 hour notice for showings. Inspections are welcome but home is sold as-is. Masks are required during a visit.

Last Agent to Sell the Property

Michael Clark

F.C. Tucker/Shook Listed on: 11/08/2021

F.C. Tucker/Shook

Last Buyer's Agent

Sharon Walter

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1963

Lot Details

  • 7,140 Sq Ft Lot
  • Lot Dimensions are 51x140
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Location

  • Suburban Location

Schools

  • Edgelea Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Edgelea Subdivision
  • Insurance Expense $827

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 79-07-33-357-008.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,272

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1963
  • Age: 59
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: EDGELEA 2ND ADDN LOT 38
  • Parcel Number ID: 79-07-33-357-008.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Cable Available, Countertops-Laminate, Eat-In Kitchen, Garage Door Opener, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.75
  • Monthly Gross Income: 1150
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 864
  • Total Finished Sq Ft: 864
  • Above Grade Finished Sq Ft: 864
  • Price Per Sq Ft: 134.26
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Chain Link, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Site

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 827
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51X140
  • Estimated Lot Sq Ft: 7140
  • Estimated Lot Size Acres: 0.163

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1150
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1272

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Mar 10, 2022
Sold by
Dye Iv James W
Bought by
Cain Andrew J and Cain Regan N
Seller's Agent
Michael Clark
F.C. Tucker/Shook
Buyer's Agent
Sharon Walter
Keller Williams Lafayette
List Price
$129,900
Sold Price
$116,000
Premium/Discount to List
-$13,900
-10.7%
Current Estimated Value
$161,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,484
Avg. Annual Appreciation
9.54%
Original Mortgage
$92,800
Outstanding Balance
$77,125
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$79,288

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 25, 2017
Sold by
Thordarson Throstur
Bought by
Dye James W
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Christy Carr
Commercial Brokers
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$58,400
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hud
Bought by
Thordarson Throstur and Thordarson Jonina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Feb 10, 2004
Sold by
Piper Ronald L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 9, 2001
Sold by
Miller Matthew R
Bought by
Piper Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,192
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Deed -- --
Special Warranty Deed -- Contract Processing & Title
Limited Warranty Deed -- --
Sheriffs Deed $90,005 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,800 New Conventional
Previous Owner $55,000 New Conventional
Previous Owner $58,400 New Conventional
Previous Owner $67,200 Unknown
Previous Owner $79,192 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $116,000 -3.3% $134 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/18/2022 01/18/22 Price Changed $119,900 -7.7% $139 / Sq Ft
11/08/2021 11/08/21 For Sale $129,900 +77.9% $150 / Sq Ft
05/24/2017 05/24/17 Sold $73,000 -2.5% $84 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $74,900 -- $87 / 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 $1,666 $115,000 $21,100 $93,900
2023 $1,666 $83,300 $21,100 $62,200
2022 $1,666 $83,300 $21,100 $62,200
2021 $1,462 $73,100 $21,100 $52,000
2020 $1,272 $63,600 $12,000 $51,600
2019 $1,248 $62,400 $12,000 $50,400
2018 $1,202 $60,100 $12,000 $48,100
2017 $1,196 $59,800 $12,000 $47,800
2016 $1,184 $59,160 $12,000 $47,160
2014 $1,188 $59,400 $12,000 $47,400
2013 $1,258 $62,900 $12,000 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202147070

Indiana Regional MLS

APN: 79-07-33-357-008.000-004