NOT LISTED FOR SALE

131 Sylvia St West Lafayette, IN 47906

Estimated Value: $226,727 - $354,000

2 Beds
2 Baths
1,256 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $166,000 $132 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,254/month

3 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • West Lafayette Intermediate School Rated A+
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2016

Great cash flow, great investment! Very clean duplex just minutes walking distance to Purdue. Currently leased until July 2017 by long term tenants for $675 a month per unit. 2 car detached garage is shared by tenants, and there is plenty of off street parking for guests on game day!

Last Listed By

Megan Molden Scaggs

Century 21 The Lueken Group Listed on: 09/11/2016

Century 21 The Lueken Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 45x194
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Cellar
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Schools

  • Happy Hollow/Cumberland Elementary School
  • West Lafayette Middle School
  • West Lafayette High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 79-07-19-231-007.000-026

Community Details

Overview

  • 2 Units
  • Vawter Park Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $700
  • Fuel Expense $750
  • Insurance Expense $1,000
  • Trash Expense $204
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,010

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 91
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Vawter Plat 3/4 of Lot 6 |
  • Parcel Number ID: 79-07-19-231-007.000-026
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Ready
  • Sp Lp Percent: 100.67
  • Monthly Gross Income: 1350
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2512
  • Total Finished Sq Ft: 1256
  • Above Grade Finished Sq Ft: 1256
  • Below Grade Sq Ft: 1256
  • Price Per Sq Ft: 132.17
  • Basement: Yes
  • Basement Foundation: Cellar, Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1256
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 700
  • Annual Fuel Expense: 750
  • Annual Insurance Expense: 1000
  • Annual Trash Expense: 204
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: West Lafayette Community School Corp.
  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette
  • Elementary School: Happy Hollow/Cumberland

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x194
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 4010

MLS Schools

  • High School: West Lafayette
  • Middle School: West Lafayette
  • School District: West Lafayette Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2016
Closed on
Oct 28, 2016
Sold by
Chang Yatin
Bought by
Weida Jerry M and Dombkowski Cristin W
Seller's Agent
Megan Molden Scaggs
Century 21 The Lueken Group
Buyer's Agent
Cristin Dombkowski
Weida Management, LLC
List Price
$164,900
Sold Price
$166,000
Premium/Discount to List
$1,100
0.67%
Total Days on Market
3
Current Estimated Value
$317,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,432
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
May 14, 2009
Sold by
Komasinski Sandra D
Bought by
Chang Yating

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Wark Louise
Bought by
Komasinski Sandra D

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
Weida Jerry M -- Metropolitan Title
Chang Yating -- None Available
Komasinski Sandra D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Yating $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $166,000 +0.7% $132 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $164,900 -- $131 / 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 $5,923 $246,100 $61,000 $185,100
2023 $5,923 $249,900 $61,000 $188,900
2022 $5,667 $239,100 $61,000 $178,100
2021 $4,645 $196,000 $61,000 $135,000
2020 $4,612 $194,600 $61,000 $133,600
2019 $4,515 $190,500 $61,000 $129,500
2018 $4,330 $182,700 $52,700 $130,000
2017 $4,214 $177,800 $52,700 $125,100
2016 $4,162 $175,550 $52,700 $122,850
2014 $4,027 $169,900 $49,100 $120,800
2013 $3,996 $168,600 $49,100 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201642418

Indiana Regional MLS

APN: 79-07-19-231-007.000-026