NOT LISTED FOR SALE

Estimated Value: $233,000 - $301,000

4 Beds
3 Baths
2,477 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $195,000 $79 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,655/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Entrance Foyer
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Great income producing triplex. 3 car detached garage

Last Listed By

Aaron Walker

F.C. Tucker/Shook Listed on: 07/20/2023

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1930

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 52x123
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Partially Finished Basement
  • Block Basement Construction
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Community Details

  • 3 Units
  • Laundry Facilities
  • Water Sewer Expense $780

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, heating, water
  • Assessor Parcel Number 79-07-29-458-007.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,620

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 94
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: BALL & WILLIAMS ADDN LOT 6
  • Parcel Number ID: 79-07-29-458-007.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Foyer Entry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.99
  • Annual Miscellaneous: 7680
  • Monthly Gross Income: 2895
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3538
  • Total Finished Sq Ft: 2477
  • Above Grade Finished Sq Ft: 2477
  • Below Grade Sq Ft: 1061
  • Price Per Sq Ft: 78.72
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Wood, Vinyl
  • Total Below Grade Sq Ft: 1061
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 780
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 52x123
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.147

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2895
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2619.94

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Sca Rentals Llc
Bought by
Meyer Michael Christian and Meyer Nadia
Total Days on Market
38
Current Estimated Value
$256,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$226,308
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$30,073

Purchase Details

Listed on
Jul 20, 2023
Closed on
Jan 26, 2024
Sold by
Montgomery Shawn
Bought by
Sca Rentals Llc
Seller's Agent
Aaron Walker
F.C. Tucker/Shook
Buyer's Agent
Katie Berg
Peter Khosla, Inc
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Views
518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%
Original Mortgage
$146,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2018
Sold by
Raymer David B and Raymer Lynda J
Bought by
Nelson Jay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Raymer David M
Bought by
Raymer David B and Raymer Lynda J

Purchase Details

Closed on
Apr 5, 2002
Sold by
Raymer David B and Raymer Lynda J
Bought by
Raymer David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
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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
Meyer Michael Christian $240,000 Metropolitan Title
Sca Rentals Llc $195,000 None Listed On Document
Nelson Jay M -- None Available
Raymer David B -- --
Raymer David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Michael Christian $228,000
Previous Owner Sca Rentals Llc $146,250
Previous Owner Montgomery Shawn $107,550
Previous Owner Nelson Jay M $90,750
Previous Owner Raymer David B $57,350
Previous Owner Raymer David B $89,000
Previous Owner Raymer David M $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $195,000 -2.0% $79 / Sq Ft
12/01/2023 12/01/23 Price Changed $199,000 -5.2% $80 / Sq Ft
11/14/2023 11/14/23 Price Changed $209,900 -2.3% $85 / Sq Ft
10/12/2023 10/12/23 Price Changed $214,900 -4.5% $87 / Sq Ft
09/05/2023 09/05/23 For Sale $225,000 0.0% $91 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $225,000 -- $91 / 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 $2,796 $142,500 $15,000 $127,500
2023 $2,796 $137,900 $15,000 $122,900
2022 $2,620 $132,000 $15,000 $117,000
2021 $1,831 $124,500 $15,000 $109,500
2020 $1,760 $115,300 $15,000 $100,300
2019 $2,350 $115,300 $10,000 $105,300
2018 $2,282 $111,900 $10,000 $101,900
2017 $2,236 $109,800 $10,000 $99,800
2016 $2,272 $111,800 $10,000 $101,800
2014 $2,219 $109,100 $10,000 $99,100
2013 $2,161 $106,300 $10,000 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202325464

Indiana Regional MLS

APN: 79-07-29-458-007.000-004