NOT LISTED FOR SALE

1325 Columbia St Lafayette, IN 47901

Estimated Value: $76,958 - $181,000

4 Beds
2 Baths
1,930 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 09, 2014

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

Est. 247% increase in value since last sale

Current estimated payment $936/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 Listed By

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

  • 1,930 Sq Ft Home
  • 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
  • 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%
Total Days on Market
278
Current Estimated Value
$138,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,653
Avg. Annual Appreciation
12.04%
Original Mortgage
$32,000
Interest Rate
4.34%
Mortgage Type
Commercial

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 Dave Crandall Llc $2,060,100
Closed Crandall Dave $147,150
Closed Crandall Dave $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $2,008 $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

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Map

Source: Indiana Regional MLS

MLS Number: 201308923

Indiana Regional MLS

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