NOT LISTED FOR SALE

1316 Elizabeth St Lafayette, IN 47904

Historic Jefferson Neighborhood

Estimated Value: $163,855 - $188,000

6 Beds
6 Baths
2,800 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 30, 2016

Last sale price $125,000 $45 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,180/month

777 Days on Market

Highlights

  • Forced Air Heating System
  • Historic Home
  • 1-minute walk to Erie Street Sharing Garden
  • Level Lot
  • Carpet

About This Home

As of May 2016

6 unit all brick 2 story apartment building with off street parking lot. Owner pays utilities.

Last Agent to Sell the Property

Darcy Weston

Darcy Weston RE Listed on: 03/20/2014

Last Buyer's Agent

Darcy Weston

Darcy Weston RE Listed on: 03/20/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,922 Sq Ft Lot
  • Lot Dimensions are 126x47
  • Level Lot
  • Historic Home

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

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

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, deposit value
  • The owner pays for building insurance, electric, fuel, maintenance, sewer, water
  • Assessor Parcel Number 79-07-21-311-012.000-004

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,000
  • Fuel Expense $3,600
  • Maintenance Expense $200
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: LB STOCKTONS 2ND ADDN AND LB LOT 26 |
  • Parcel Number ID: 79-07-21-311-012.000-004
  • Platted: Yes
  • Amenities: Basement, Cable Available, Detector-Smoke, Water Heater Gas
  • Location: City/Town/Suburb
  • Parcel Id2: 790721311011000004
  • Sp Lp Percent: 99.29
  • Monthly Gross Income: 3450
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 2800
  • Price Per Sq Ft: 44.64
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Rubber, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2000
  • Annual Fuel Expense: 3600
  • Annual Maintenance Expense: 200
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 1
  • Number Gas Meters: 2
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 126x47
  • Estimated Lot Sq Ft: 5922
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Maintenance, Sewer, Water
  • Tenant Pays: Cable, Deposit Value

Tax Info

  • Total Assessed Value: 154500
  • Annual Property Tax: 3192

Multi Family

  • Gross Monthly Rent: 3450
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Cj Investment Group Llc
Bought by
Happy People Property Magt Llc
Current Estimated Value
$180,464

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 31, 2016
Sold by
Carpenter Bruce E and Carpenter Shawn R
Bought by
Cj Investment Group Llc
Seller's Agent
Darcy Weston
Darcy Weston RE
Buyer's Agent
Darcy Weston
Darcy Weston RE
List Price
$164,900
Sold Price
$125,000
Premium/Discount to List
-$39,900
-24.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$205,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Lafayette Bank & Trust Co
Bought by
Sutter Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Reiss Joy D
Bought by
Lafayette Bank & Trust Co Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Happy People Property Magt Llc -- None Available
Cj Investment Group Llc -- --
Sutter Matt -- None Available
Lafayette Bank & Trust Co Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cj Investment Group Llc $205,000
Previous Owner Sutter Matt $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2016 05/30/16 Sold $125,000 -24.2% $45 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/20/2014 03/20/14 For Sale $164,900 -- $59 / 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 $2,388 $119,400 $9,800 $109,600
2023 $1,506 $75,300 $9,800 $65,500
2022 $1,442 $72,100 $9,800 $62,300
2021 $1,442 $62,700 $9,800 $52,900
2020 $1,254 $62,700 $9,800 $52,900
2019 $1,254 $62,700 $10,000 $52,700
2018 $1,242 $62,100 $10,000 $52,100
2017 $1,208 $60,400 $10,000 $50,400
2016 $1,196 $59,770 $10,000 $49,770
2014 $1,144 $57,200 $10,000 $47,200
2013 $1,062 $53,100 $10,000 $43,100
Source: Public Records

Agents Affiliated with this Home

  • Darcy Weston

    Seller's Agent in 2016

    Darcy Weston

    Darcy Weston RE

    (765) 427-0807

    71 Total Sales

    Darcy Weston
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Map

Source: Indiana Regional MLS

MLS Number: 201407851

Indiana Regional MLS

APN: 79-07-21-311-012.000-004

Indiana Tippecanoe County Lafayette 47904 Historic Jefferson

1316 Elizabeth St, Lafayette, IN

This home is located at 1316 Elizabeth St, Lafayette, IN 47904 since 20 March 2014 and is currently estimated at $180,464, approximately $64 per square foot. This property was built in 1900. 1316 Elizabeth St is a home located in Tippecanoe County with nearby schools including Murdock Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

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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