NOT LISTED FOR SALE

1322 South St Lafayette, IN 47901

Estimated Value: $171,738 - $201,000

6 Beds
3 Baths
2,262 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $145,000 $64 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,198/month

7 Days on Market

About This Home

As of October 2021

Great location for this fully rented duplex. Wonderful opportunity in the heart of downtown!

Last Listed By

Patrick Neary

F.C. Tucker/Shook Listed on: 06/29/2021

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1901

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 37x126

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, trash collection
  • The owner pays for maintenance, tax, water
  • Assessor Parcel Number 79-07-21-382-001.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Age: 120
  • Style: Three Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: R B STOCKTONS SD 37 FT W SIDE LOT 12
  • Parcel Number ID: 79-07-21-382-001.000-004
  • Platted: Yes
  • Amenities: Cable Available
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1465
  • Special Features: None

Interior Features

  • Total Sq Ft: 2262
  • Total Finished Sq Ft: 2262
  • Above Grade Finished Sq Ft: 2262
  • Price Per Sq Ft: 64.1
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Mixed
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 37x126
  • Estimated Lot Sq Ft: 4661
  • Estimated Lot Size Acres: 0.107

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Trash Collection

Multi Family

  • Gross Monthly Rent: 1465
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 7, 2021
Sold by
He Wengang
Bought by
Minjares Felix
Seller's Agent
Patrick Neary
F.C. Tucker/Shook
Buyer's Agent
Doug Browning
Keller Williams Lafayette
List Price
$145,000
Sold Price
$145,000
Total Days on Market
7
Current Estimated Value
$181,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,913
Avg. Annual Appreciation
6.54%
Original Mortgage
$108,750
Outstanding Balance
$100,240
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,673

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 21, 2017
Sold by
Stull Donald K and Stull Kurt V
Bought by
He Wengang
Seller's Agent
Shannon O'Malley
F.C. Tucker/Shook
Buyer's Agent
Russell Dickson
F C Tucker/Lafayette Inc
List Price
$110,000
Sold Price
$87,500
Premium/Discount to List
-$22,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%

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
Minjares Felix $145,000 Bcks Title
He Wengang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minjares Felix $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $145,000 0.0% $64 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $145,000 +65.7% $64 / Sq Ft
04/28/2017 04/28/17 Sold $87,500 -20.5% $39 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $110,000 -- $49 / 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 $2,264 $193,800 $12,000 $181,800
2023 $2,264 $113,200 $12,000 $101,200
2022 $2,166 $108,300 $12,000 $96,300
2021 $1,884 $94,200 $12,000 $82,200
2020 $1,884 $94,200 $12,000 $82,200
2019 $1,884 $94,200 $16,000 $78,200
2018 $1,866 $93,300 $16,000 $77,300
2017 $1,816 $90,800 $16,000 $74,800
2016 $1,798 $89,860 $16,000 $73,860
2014 $1,730 $86,500 $16,000 $70,500
2013 $1,608 $80,400 $16,000 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202125462

Indiana Regional MLS

APN: 79-07-21-382-001.000-004