NOT LISTED FOR SALE

Estimated Value: $226,000 - $252,000

4 Beds
2 Baths
1,672 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $226,000 $135 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,549/month

1 Day on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of September 2024

Excellent investment opportunity! This 2-story duplex offers identical 2 bed 1 bath units, in a great central location - close to parks, schools and shopping. Each unit features a living room, kitchen and laundry room on the main floor, and 2 bedrooms & full bath on the second floor. Nice backyard space with storage shed & a parking pad that can fit up to 4 cars. The property features a newer HVAC system. Units have separate meters and tenants pay all utilities. Unit 1 has a 6 month lease, and unit 2 will be vacant by 9/30.

Last Agent to Sell the Property

Rebecca Gibson

Raeco Realty Listed on: 09/06/2024

Last Buyer's Agent

Amanda Oakley

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1992

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Schools

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Insurance Expense $832

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-27-126-023.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,864

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1992
  • Age: 32
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BELT RY ADDN LOT 14 BLK 9
  • Parcel Number ID: 79-07-27-126-023.000-004
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Patio Open, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.44
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1672
  • Total Finished Sq Ft: 1672
  • Above Grade Finished Sq Ft: 1672
  • Price Per Sq Ft: 135.17
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 836
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Parking: Off Street, Paved, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Insurance Expense: 832

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x120
  • Estimated Lot Sq Ft: 6011
  • Estimated Lot Size Acres: 0.138

Rental Info

  • Lease Term: 6 Months
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2863.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 24, 2024
Sold by
Fee Shawn P
Bought by
Alting Ronnie J
Seller's Agent
Rebecca Gibson
Raeco Realty
Buyer's Agent
Amanda Oakley
Trueblood Real Estate
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Views
10
Current Estimated Value
$235,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,847
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Findley Wayne R and Findley Linda
Bought by
Fee Shawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,255
Interest Rate
5.7%
Mortgage Type
FHA
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
Alting Ronnie J -- Metropolitan Title
Fee Shawn P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fee Shawn P $105,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $226,000 +0.4% $135 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $225,000 -- $135 / 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 $3,631 $181,500 $18,000 $163,500
2023 $2,864 $143,100 $18,000 $125,100
2022 $2,754 $137,600 $18,000 $119,600
2021 $2,504 $125,100 $18,000 $107,100
2020 $2,505 $125,100 $18,000 $107,100
2019 $2,505 $125,100 $16,200 $108,900
2018 $2,433 $121,500 $16,200 $105,300
2017 $2,350 $117,400 $16,200 $101,200
2016 $2,327 $116,240 $16,200 $100,040
2014 $2,183 $109,000 $16,200 $92,800
2013 $2,085 $104,100 $16,200 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202434319

Indiana Regional MLS

APN: 79-07-27-126-023.000-004