NOT LISTED FOR SALE

1205 Wells St Lafayette, IN 47905

Central Neighborhood

Estimated Value: $213,000 - $365,000

3 Beds
3 Baths
1,898 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $50,000 $26 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,601/month

About This Home

As of April 2019

Triplex in great Lafayette location!

Last Agent to Sell the Property

Lauren Alexander

Encore Sotheby's International Listed on: 04/03/2019

Last Buyer's Agent

Lauren Alexander

Encore Sotheby's International Listed on: 04/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1900

Lot Details

  • 6,399 Sq Ft Lot
  • Lot Dimensions are 50x128

Home Design

  • Triplex
  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 79-07-28-354-008.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,522

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LEVERINGS ADMR ADDN LOT 33
  • Parcel Number ID: 79-07-28-354-008.000-004
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: RealEstateOwned

Interior Features

  • Total Sq Ft: 2472
  • Total Finished Sq Ft: 1898
  • Above Grade Finished Sq Ft: 1898
  • Below Grade Sq Ft: 574
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Main Level Sq Ft: 1284
  • Total Below Grade Sq Ft: 574

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Oakland Elementary

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x128
  • Estimated Lot Sq Ft: 6399
  • Estimated Lot Size Acres: 0.1469

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

Listed on
Apr 3, 2019
Closed on
Apr 5, 2019
Sold by
Horizon Bank
Bought by
Parker Apartments Llc
Seller's Agent
Lauren Alexander
Encore Sotheby's International
Buyer's Agent
Lauren Alexander
Encore Sotheby's International
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$264,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,333
Avg. Annual Appreciation
28.95%

Purchase Details

Listed on
Apr 3, 2019
Closed on
Mar 6, 2019
Sold by
Tippecanoe County Sheriff
Bought by
Horizon Bank
Seller's Agent
Lauren Alexander
Encore Sotheby's International
Buyer's Agent
Lauren Alexander
Encore Sotheby's International
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Va
Bought by
Bowman Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2005
Sold by
Myers Kevin D
Bought by
Mortgage Electronic Registration Systems and Irwin Mortgage Corp

Purchase Details

Closed on
Feb 16, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Va
Source: Public Records

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
Parker Apartments Llc -- None Available
Horizon Bank $52,000 None Available
Bowman Jennifer Lynn -- --
Mortgage Electronic Registration Systems $83,724 --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Jennifer Lynn $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $50,000 -9.1% $26 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $55,000 -- $29 / 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 $2,522 $126,100 $26,000 $100,100
2023 $1,798 $89,900 $26,000 $63,900
2022 $1,746 $87,300 $26,000 $61,300
2021 $1,712 $85,600 $26,000 $59,600
2020 $1,712 $85,600 $26,000 $59,600
2019 $1,712 $85,600 $20,000 $65,600
2018 $1,712 $85,600 $20,000 $65,600
2017 $1,666 $83,300 $20,000 $63,300
2016 $1,650 $82,510 $20,000 $62,510
2014 $1,562 $78,100 $20,000 $58,100
2013 $1,550 $77,500 $20,000 $57,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lauren Alexander

    Encore Sotheby's International

    (765) 543-5947

    8 in this area

    286 Total Sales

    Lauren Alexander
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Map

Source: Indiana Regional MLS

MLS Number: 201912130

Indiana Regional MLS

APN: 79-07-28-354-008.000-004

Indiana Tippecanoe County Lafayette 47905 Central

1205 Wells St, Lafayette, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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