1320 S 4th St Lafayette, IN 47905
Miller NeighborhoodEstimated Value: $109,000 - $183,000
1
Bed
1.5
Baths
1,314
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- RV Parking in Community
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Corner Lot
About This Home
As of February 2024Priced at $125k this is a great opportunity to get started on home ownership or to add to an investment portfolio. The property is a sturdy brick structure that was built in 1930 and formerly used as a beauty salon before being converted to residential living. The conversion includes a large living area on the 1st floor along with a half bath and laundry. On the 2nd floor is an approximately 14’ x 16’ bedroom, a bathroom, and the kitchen. There is a fenced yard, a ¾ basement, and ample off-street parking. The current zoning is both R1 and R2 eliminating the need for additional zoning approval if you would decide to convert to a duplex. Conveniently located only 5 minutes from Purdue and downtown Lafayette. Inspections are welcome however property is being sold “as is”. Agent and owner are related.
Last Listed By
Keller Williams Lafayette Brokerage Phone: 765-714-7522 Listed on: 01/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $732
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x123
- Chain Link Fence
- Corner Lot
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2-Story Property
- Electric Dryer Hookup
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
Bedrooms and Bathrooms
- 1 Bedroom
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
- RV Parking in Community
Listing and Financial Details
- Assessor Parcel Number 79-07-29-458-011.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Feb 26, 2024
Sold by
Drew Timothy
Bought by
Montmorenci Rentals Llc
Seller's Agent
Philip Drew
Keller Williams Lafayette
Buyer's Agent
Heather Roth
F.C. Tucker/Shook
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Total Days on Market
43
Views
277
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,812
Avg. Annual Appreciation
19.84%
Original Mortgage
$139,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 20, 2020
Closed on
Sep 24, 2020
Sold by
Zahner Sigrid K
Bought by
Drew Timothy
Seller's Agent
James Ward
F.C. Tucker/Shook
Buyer's Agent
Philip Drew
Keller Williams Lafayette
List Price
$64,900
Sold Price
$70,000
Premium/Discount to List
$5,100
7.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$50,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 20, 2020
Closed on
Jul 27, 2020
Sold by
Nelson Jay M
Bought by
Montgomery Shawn
Seller's Agent
James Ward
F.C. Tucker/Shook
Buyer's Agent
Philip Drew
Keller Williams Lafayette
List Price
$64,900
Sold Price
$70,000
Premium/Discount to List
$5,100
7.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2007
Sold by
Bradbury Perry G and Bradbury Helen R
Bought by
Zahner Paul J and Zahner Sigrid K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montmorenci Rentals Llc | $110,000 | Metropolitan Title | |
| Drew Timothy | -- | Columbia Title | |
| Zahner Sigrid K | -- | Columbia Title | |
| Montgomery Shawn | -- | None Available | |
| Zahner Paul J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montmorenci Rentals Llc | $141,375 | |
| Closed | Montmorenci Rentals Llc | $139,000 | |
| Previous Owner | Drew Timothy | $50,000 | |
| Previous Owner | Zahner Paul J | $49,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2024 02/27/24 | Sold | $110,000 | -12.0% | $84 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $125,000 | +78.6% | $95 / Sq Ft |
| 09/24/2020 09/24/20 | Sold | $70,000 | +7.9% | $53 / Sq Ft |
| 07/24/2020 07/24/20 | Pending | -- | -- | -- |
| 07/20/2020 07/20/20 | For Sale | $64,900 | -- | $49 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $753 | $110,600 | $15,000 | $95,600 |
| 2023 | $753 | $106,700 | $15,000 | $91,700 |
| 2022 | $732 | $98,000 | $15,000 | $83,000 |
| 2021 | $519 | $82,900 | $15,000 | $67,900 |
| 2020 | $461 | $75,400 | $15,000 | $60,400 |
| 2019 | $1,356 | $67,800 | $10,000 | $57,800 |
| 2018 | $1,296 | $64,800 | $10,000 | $54,800 |
| 2017 | $1,274 | $63,700 | $10,000 | $53,700 |
| 2016 | $1,252 | $63,800 | $10,000 | $53,800 |
| 2014 | $1,254 | $62,700 | $10,000 | $52,700 |
| 2013 | $1,042 | $52,100 | $10,000 | $42,100 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Drew
Seller's Agent in 2024
Philip Drew
Keller Williams Lafayette
(765) 714-7522
2 in this area
16 Total Sales
-
Heather Roth
Buyer's Agent in 2024
Heather Roth
F.C. Tucker/Shook
(765) 490-5635
2 in this area
116 Total Sales
-
Seller's Agent in 2020
James Ward
F.C. Tucker/Shook
(765) 429-7356
Map
Source: Indiana Regional MLS
MLS Number: 202400500
APN: 79-07-29-458-011.000-004
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