NOT LISTED FOR SALE

1325 Columbia St Lafayette, IN 47901

Estimated Value: $92,343 - $180,000

4 Beds
2 Baths
1,930 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $40,000 $21 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $948/month

278 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped
  • Lot Has A Rolling Slope

About This Home

As of May 2014

Spacious 2 Unit Apartments; high ceilings, hardwood floors; owner pays water & sewer. Tenants on Month to Month.

Last Agent to Sell the Property

Nancy Morlan

F.C. Tucker/Shook Listed on: 07/10/2013

F.C. Tucker/Shook

Last Buyer's Agent

Nancy Morlan

F.C. Tucker/Shook Listed on: 07/10/2013

F.C. Tucker/Shook

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 5,590 Sq Ft Lot
  • Lot Dimensions are 43x130
  • Landscaped
  • Lot Has A Rolling Slope

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Cellar

Flooring

  • Wood
  • Partially Carpeted
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-07-21-382-006.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $720

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1920
  • Age: 94
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Rena B Stockton SD 8 FT off Entire W Side Lot 1 & 35 FT off E Side Lot 2 | STK 79-07-21-382-006.000-004 A 156-06700-0672
  • Parcel Number ID: 79-07-21-382-006.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Landscaped, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 72.73
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 1930
  • Total Finished Sq Ft: 1930
  • Above Grade Finished Sq Ft: 1930
  • Price Per Sq Ft: 20.73
  • Basement Foundation: Cellar
  • Basement Material: Brick
  • Flooring: Part Carpet, Vinyl Tile, Wood
  • Main Level Sq Ft: 965
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 43x130
  • Estimated Lot Sq Ft: 5590
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 67100
  • Annual Property Tax: 1419

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
May 9, 2014
Sold by
Schoen Randy and Barrett Shayla S
Bought by
Crandall Dave
Seller's Agent
Nancy Morlan
F.C. Tucker/Shook
Buyer's Agent
Nancy Morlan
F.C. Tucker/Shook
List Price
$69,000
Sold Price
$40,000
Premium/Discount to List
-$29,000
-42.03%
Current Estimated Value
$143,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,114
Avg. Annual Appreciation
11.74%
Original Mortgage
$32,000
Outstanding Balance
$24,397
Interest Rate
4.34%
Mortgage Type
Commercial
Estimated Equity
$118,717
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
Crandall Dave -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crandall Dave $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $40,000 -42.0% $21 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
07/10/2013 07/10/13 For Sale $69,000 -- $36 / 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 $2,334 $116,700 $16,000 $100,700
2023 $2,008 $100,400 $16,000 $84,400
2022 $1,922 $96,100 $16,000 $80,100
2021 $1,672 $83,600 $16,000 $67,600
2020 $1,454 $72,700 $16,000 $56,700
2019 $1,454 $72,700 $16,000 $56,700
2018 $1,440 $72,000 $16,000 $56,000
2017 $1,402 $70,100 $16,000 $54,100
2016 $1,390 $69,450 $16,000 $53,450
2014 $1,316 $65,800 $16,000 $49,800
2013 $1,228 $61,400 $16,000 $45,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Morlan

    F.C. Tucker/Shook

    35 Total Sales

    Nancy Morlan
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Map

Source: Indiana Regional MLS

MLS Number: 201308923

Indiana Regional MLS

APN: 79-07-21-382-006.000-004

Indiana Tippecanoe County Lafayette 47901

1325 Columbia St, Lafayette, IN

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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