$215,500
SOLD OCT 4, 2018
7 Beds
5 Baths
5,036 Sq Ft
0.28 Acres

Recently Sold

$43 Per Sq Ft

8% Below List Price

36 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • Entrance Foyer
  • Colonial Architecture
  • Covered patio or porch
  • 5-minute walk to Linnwood Park

About This Home

As of June 2020

Don't miss out on this great investment opportunity. Large 4 unit property with on-site laundry in common area for tenants. 3 units have 2 bedrooms and 4th is one bedroom. New roof, property well taken care of. All units rented.

Last Agent to Sell the Property

Eric Campos

Indiana Integrity REALTORS Listed on: 07/02/2018

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1944

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 123x100
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Partially Finished Basement
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking
  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, heating, water
  • The owner pays for water
  • Assessor Parcel Number 79-07-21-109-007.000-004

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,220

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,856

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1944
  • Age: 74
  • Style: Two Story
  • Architectural Style: Colonial
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Rogers Res Sq 110 Ft |
  • Parcel Number ID: 79-07-21-109-007.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Foyer Entry, Patio Covered, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.69
  • Monthly Gross Income: 2855
  • Special Features: None

Interior Features

  • Total Sq Ft: 6720
  • Total Finished Sq Ft: 5036
  • Above Grade Finished Sq Ft: 5036
  • Below Grade Sq Ft: 1684
  • Price Per Sq Ft: 42.79
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Main Level Sq Ft: 3352
  • Total Below Grade Sq Ft: 1684
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt, Shingle
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Cable Company: Comcast
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2220
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 123x100
  • Estimated Lot Sq Ft: 12284
  • Estimated Lot Size Acres: 0.282

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Cooling, Heating, Water

Tax Info

  • Total Assessed Value: 122500
  • Annual Property Tax: 2855.54

Multi Family

  • Gross Monthly Rent: 2855
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 4

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
06/17/2020 06/17/20 Sold $235,000 -5.6% $47 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $249,000 0.0% $49 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $249,000 +15.5% $49 / Sq Ft
10/04/2018 10/04/18 Sold $215,500 -7.3% $43 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $232,500 -0.9% $46 / Sq Ft
07/02/2018 07/02/18 For Sale $234,500 +44.8% $47 / Sq Ft
11/08/2012 11/08/12 Sold $161,900 -10.0% $48 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $179,900 -- $53 / 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: 201828802

Indiana Regional MLS