NOT LISTED FOR SALE
16 Beds
8 Baths
6,368 Sq Ft
0.34 Acres

Last Sold December 21, 2023

Last sale price $750,000 $118 Per Sq Ft

1 Day on Market

Highlights

  • 0.34 Acre Lot
  • Level Lot
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Fully rented, 8 unit property near Downtown Lafayette. Units are all electric and each unit has a stackable washer and dryer.

Last Agent to Sell the Property

Cole Kesling

Sue O'Brien - Titan RE Brokerage Phone: 765-426-2220 Listed on: 12/04/2023

Co-Listed By

Sue O'Brien

Sue O'Brien - Titan RE Brokerage Phone: 765-426-2220

Last Buyer's Agent

Qiuju Zhang

Sweet Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,245

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 10 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 6,368 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 79-07-29-382-036.000-004

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $5,000
  • Maintenance Expense $3,500
  • Trash Expense $1,300
  • Water Sewer Expense $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,245

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 2000
  • Age: 23
  • Style: Two Story
  • Bedrooms: 16
  • Number Above Grade Bedrooms: 16
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: PT E SW SEC 29 TWP 23 R4 100' X 150'S OF VAC OWEN ST
  • Parcel Number ID: 79-07-29-382-036.000-004
  • Platted: Yes
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 6070
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 6368
  • Total Finished Sq Ft: 6368
  • Above Grade Finished Sq Ft: 6368
  • Price Per Sq Ft: 117.78
  • Basement Foundation: Slab
  • Flooring: Mixed
  • Number Of Disposals: 8
  • Number Of Microwaves: 8
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 5000
  • Annual Maintenance Expense: 3500
  • Annual Trash Expense: 1300
  • Annual Water Sewer Expense: 2300
  • Number Of W D Hookups: 8

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x150
  • Estimated Lot Sq Ft: 14680
  • Estimated Lot Size Acres: 0.34

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 311000
  • Annual Property Tax: 6245

Multi Family

  • Gross Monthly Rent: 6070
  • Number Of Dishwashers: 8
  • Number Of Dryers: 8
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of Washers: 8
  • Num Of2 Bedrooms: 8
  • Num Of Units Rented: 8

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $750,000 0.0% $118 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $750,000 -- $118 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202343646

Indiana Regional MLS