$87,500
SOLD APR 28, 2017

1322 South St Lafayette, IN 47901

6 Beds
2 Baths
2,262 Sq Ft
4,661 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

20% Below List Price

27 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • Central Air

About This Home

As of October 2021

Duplex fully rented. Great investment property close to downtown.

Last Agent to Sell the Property

Shannon O'Malley

F.C. Tucker/Shook

F.C. Tucker/Shook

Last Buyer's Agent

Russell Dickson

F C Tucker/Lafayette Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1901

Lot Details

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

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 4 Parking Spaces
  • Public Parking
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 79-07-21-382-001.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Age: 116
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: RB STOCKTONS SD 34 FT W SIDE LOT 12
  • Parcel Number ID: 79-07-21-382-001.000-004
  • Platted: Yes
  • Amenities: Cable Available
  • Cross Street: N 14th Street
  • Location: City/Town/Suburb
  • Sp Lp Percent: 79.55
  • Monthly Gross Income: 1345
  • Special Features: None

Interior Features

  • Total Sq Ft: 3393
  • Total Finished Sq Ft: 2262
  • Above Grade Finished Sq Ft: 2262
  • Above Grade Unfinished Sq Ft: 1131
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Public

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Cable Company: Comcast
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 37x126
  • Estimated Lot Sq Ft: 4661
  • Estimated Lot Size Acres: 0.107

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Total Assessed Value: 89860
  • Annual Property Tax: 1762

Multi Family

  • Gross Monthly Rent: 1345
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

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
27
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%

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $145,000 Bcks Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,750 New Conventional
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

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

Source: Indiana Regional MLS

MLS Number: 201709543

Indiana Regional MLS

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