NOT LISTED FOR SALE

Estimated Value: $112,228 - $177,000

3 Beds
3 Baths
2,688 Sq Ft
$50/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $112,447 $42 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $903/month

32 Days on Market

Highlights

  • Cape Cod Architecture
  • Fenced Yard
  • Ceramic Tile Flooring
  • Corner Lot

About This Home

As of October 2024

Located in a quiet area near downtown Lafayette, this 3 unit apartment building offers maximum potential to generate income. 3 one bedroom units. One basement unit and two 1 bdr townhouse style units. The main level apartments have a back porch and front balcony. Off street parking available. Fenced side yard. 2 electric meters, 1 gas meter, 1 water meter. Agents-refer to agent comment section for more info.

Last Listed By

Leslie Cooper-Pyle

Keller Williams-Morrison Brokerage Phone: 765-366-1311 Listed on: 07/08/2024

Keller Williams-Morrison

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 1870

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 54x60
  • Fenced Yard
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Community Details

Listing and Financial Details

  • Assessor Parcel Number 79-07-29-329-004.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,893

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Age: 154
  • Style: Detached
  • Architectural Style: Cape Cod
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: rochesters or 2nd pt lot 48
  • Parcel Number ID: 79-07-29-329-004.000-004
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Washer Hook-Up
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 93.71
  • Year Taxes Payable: 2023
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 2688
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Finished Sq Ft: 896
  • Price Per Sq Ft: 62.75
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Block, Brick
  • Flooring: Ceramic Tile, Unfinished
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 896
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Partial
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel

Utilities

  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 54x60
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Tax Info

  • Annual Property Tax: 1893

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Pennymac Loan Services Llc
Bought by
Secretary/Housing & Urban Dev
Total Days on Market
32
Current Estimated Value
$134,409

Purchase Details

Closed on
May 9, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Mar 10, 2023
Sold by
Pennymac Loan Services Llc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Feb 3, 2023
Sold by
Tippecanoe County
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Feb 11, 2004
Sold by
May Yukiko and May Yukiko Nakano
Bought by
May George Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.3%
Mortgage Type
Commercial

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 Buyer Sale Price Title Company
Secretary/Housing & Urban Dev -- None Listed On Document
Pennymac Loan Services Llc -- None Listed On Document
Secretary/Housing & Urban Dev $108,160 --
Pennymac Loan Services Llc $108,160 --
May George Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May George Nicholas $107,843
Previous Owner May George Nicholas $15,000
Previous Owner May George Nicholas $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $112,447 -6.3% $42 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $120,000 -- $45 / 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 $1,893 $84,900 $9,800 $75,100
2023 $1,893 $94,500 $9,800 $84,700
2022 $1,813 $90,400 $9,800 $80,600
2021 $1,712 $85,300 $9,800 $75,500
2020 $1,427 $71,100 $9,800 $61,300
2019 $1,427 $71,100 $10,000 $61,100
2018 $1,427 $71,100 $10,000 $61,100
2017 $1,388 $69,200 $10,000 $59,200
2016 $1,374 $68,540 $10,000 $58,540
2014 $1,421 $70,900 $10,000 $60,900
2013 $1,409 $70,300 $10,000 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202425064

Indiana Regional MLS

APN: 79-07-29-329-004.000-004