NOT LISTED FOR SALE

1302 N 12th St Lafayette, IN 47904

Lincoln Neighborhood

Estimated Value: $113,000 - $128,634

3 Beds
2 Baths
2,406 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $120,000 $50 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $851/month

41 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • 1-Story Property
  • Corner Lot

About This Home

As of May 2024

Duplex for sale near the heart of downtown. This property offers a 2 bedroom 1 bath unit currently rented for $625/month (with room for rent growth), and a 1 bedroom 1 bathroom rented for $850.month. Seller pays water/waste bill for both units. Unit restated at $625/mo pays gas and electric. Unit renting at $850/mo has all utilities included. Off street parking. 24 Hour notice required for showings. Property is being sold as-is.

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 03/14/2024

TruVant Realty

Last Buyer's Agent

Jenny Sarti

Raeco Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 102x122
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Cellar

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • 2 Units
  • Water Sewer Expense $544

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-21-100-016.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,470

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: JACOB GISH ADDN LOT 16 & LOT 15
  • Parcel Number ID: 79-07-21-100-016.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2796
  • Total Finished Sq Ft: 2406
  • Above Grade Finished Sq Ft: 2406
  • Below Grade Sq Ft: 390
  • Basement: Yes
  • Basement Foundation: Cellar, Full Basement, Unfinished
  • Basement Material: Block
  • Total Below Grade Sq Ft: 390
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 544.12

Schools

  • Elementary School: Vinton

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 102X122
  • Estimated Lot Sq Ft: 12458
  • Estimated Lot Size Acres: 0.286

Rental Info

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

Tax Info

  • Annual Property Tax: 2470

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 20, 2024
Sold by
4Th Offset Llc
Bought by
Alvarado Wiliar Solis
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
Jenny Sarti
Raeco Realty
List Price
$169,000
Sold Price
$120,000
Premium/Discount to List
-$49,000
-28.99%
Views
243
Current Estimated Value
$119,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$789
Avg. Annual Appreciation
-0.46%
Original Mortgage
$90,000
Outstanding Balance
$87,071
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$32,140

Purchase Details

Closed on
Nov 18, 2022
Sold by
Younger Suzanne
Bought by
4Th Offset Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2022
Sold by
Robert L Poor Revocable Living Trust
Bought by
Younger Suzanne

Purchase Details

Closed on
Feb 28, 2022
Sold by
Poor Robert L
Bought by
Robert L Poor Revocable Living Trust
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
Alvarado Wiliar Solis $120,000 Metropolitan Title
4Th Offset Llc -- --
Younger Suzanne -- --
Robert L Poor Revocable Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Wiliar Solis $90,000
Previous Owner 4Th Offset Llc $67,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $120,000 -19.5% $50 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $149,000 -11.8% $62 / Sq Ft
03/14/2024 03/14/24 For Sale $169,000 -- $70 / 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 $2,728 $136,400 $19,500 $116,900
2023 $2,470 $123,500 $19,500 $104,000
2022 $2,410 $120,500 $19,500 $101,000
2021 $2,362 $118,100 $19,500 $98,600
2020 $1,968 $98,400 $19,500 $78,900
2019 $1,968 $98,400 $24,200 $74,200
2018 $1,968 $98,400 $24,200 $74,200
2017 $1,916 $95,800 $24,200 $71,600
2016 $1,898 $94,860 $24,200 $70,660
2014 $1,806 $90,300 $24,200 $66,100
2013 $1,712 $85,600 $24,200 $61,400
Source: Public Records

Agents Affiliated with this Home

  • Tabitha Casto

    Seller's Agent in 2024

    Tabitha Casto

    TruVant Realty

    (765) 427-2501

    14 in this area

    183 Total Sales

    Tabitha Casto
    Section Image
  • Jenny Sarti

    Buyer's Agent in 2024

    Jenny Sarti

    Raeco Realty

    (765) 418-6009

    2 in this area

    63 Total Sales

    Jenny Sarti
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202408420

Indiana Regional MLS

APN: 79-07-21-100-016.000-004

Indiana Tippecanoe County Lafayette 47904 Lincoln

1302 N 12th 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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