$120,000
SOLD MAY 22, 2024
3 Beds
2 Baths
2,406 Sq Ft
0.29 Acres

Recently Sold

$50 Per Sq Ft

29% Below List Price

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

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
  • Age: 104
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade 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
  • Sp Lp Percent: 80.54
  • Monthly Gross Income: 1475
  • Year Taxes Payable: 2023-2024
  • 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
  • Price Per Sq Ft: 49.88
  • 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

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

Multi Family

  • Gross Monthly Rent: 1475
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2470

MLS Schools

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

Map

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
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

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 $2,470 $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

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Closed $108,000 Credit Line Revolving
Closed $90,000 New Conventional
Previous Owner $67,425 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $120,000 Metropolitan Title
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202408420

Indiana Regional MLS

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