NOT LISTED FOR SALE

1236 N 14th St Lafayette, IN 47904

Lincoln Neighborhood

Estimated Value: $157,275 - $199,000

4 Beds
2 Baths
2,424 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $74,500 $31 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,126/month

40 Days on Market

Highlights

  • Colonial Architecture
  • Fenced Yard
  • Double Pane Windows
  • Covered Patio or Porch
  • Eat-In Kitchen
  • 3-minute walk to Linnwood Park

About This Home

As of January 2016

Remodeled duplex, 2 bdrms, 1 bath, large rooms, brings in $15,000/yr in convenient Northside location. Cap rate including management is 11.6%. Great opportunity for entry level investor. Appliances include + washer/dryer. Fully leased. Excellent condition, HUD approved.

Last Agent to Sell the Property

Judy Roark

BerkshireHathaway HS IN Realty Listed on: 11/04/2015

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Judy Roark

BerkshireHathaway HS IN Realty Listed on: 11/04/2015

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1901

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38x117
  • Fenced Yard
  • Wood Fence
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer Hookup
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Public Parking
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, tax, water
  • Assessor Parcel Number 79-07-21-110-029.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $1,356
  • Maintenance Expense $615
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$434

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Style: Two Story
  • Architectural Style: Colonial, Foursquare
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 37.5 x 117 Ft Howell St PT NW NW SEC 21 TWP 23 R4 .10A |
  • Parcel Number ID: 79-07-21-110-029.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Cable Available, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Washer Hook-Up
  • Location: City/Town/Suburb
  • Parcel Id2: 156047001352
  • Special Features: None

Interior Features

  • Total Sq Ft: 3012
  • Total Finished Sq Ft: 2424
  • Above Grade Finished Sq Ft: 2424
  • Below Grade Sq Ft: 588
  • Basement: Yes
  • Basement Foundation: Partially Finished, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Laminate, Tile
  • Main Level Sq Ft: 1248
  • Total Below Grade Sq Ft: 588
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Wood
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 100

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Public, Street, Unpaved

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1356
  • Annual Maintenance Expense: 615
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • Elementary School: Linnwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38x117
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

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

Tax Info

  • Annual Property Tax: 434

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2017
Sold by
Md Property Investments Llc
Bought by
Md Property Investments Llc
Current Estimated Value
$184,569

Purchase Details

Closed on
Oct 20, 2016
Sold by
Strauch Mark E and Strauch Dawn M
Bought by
Md Property Investments Llc

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 22, 2016
Sold by
Brazel Ryan
Bought by
Strauch Mark E and Strauch Dawn M
Seller's Agent
Judy Roark
BerkshireHathaway HS IN Realty
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$88,800
Sold Price
$74,500
Premium/Discount to List
-$14,300
-16.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$55,875
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Reed Isaac
Bought by
Brazel Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reed Isaac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2006
Sold by
Coup Donna M and Doe John
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Md Property Investments Llc -- --
Md Property Investments Llc -- --
Strauch Mark E -- --
Brazel Ryan -- None Available
Reed Isaac -- None Available
Federal Home Loan Mortgage Corporation $81,601 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strauch Mark E $55,875
Previous Owner Brazel Ryan $60,800
Previous Owner Reed Isaac $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $74,500 -16.1% $31 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $88,800 -- $37 / 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 $1,838 $91,900 $9,800 $82,100
2023 $1,968 $98,400 $9,800 $88,600
2022 $1,920 $96,000 $9,800 $86,200
2021 $1,882 $94,100 $9,800 $84,300
2020 $1,568 $78,400 $9,800 $68,600
2019 $1,568 $78,400 $13,800 $64,600
2018 $1,568 $78,400 $13,800 $64,600
2017 $1,526 $76,300 $13,800 $62,500
2016 $1,274 $75,070 $13,800 $61,270
2014 $434 $71,400 $13,800 $57,600
2013 $359 $67,000 $13,800 $53,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judy Roark

    BerkshireHathaway HS IN Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201551647

Indiana Regional MLS

APN: 79-07-21-110-029.000-004

Indiana Tippecanoe County Lafayette 47904 Lincoln

1236 N 14th St, Lafayette, IN

Not Listed for Sale

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