NOT LISTED FOR SALE

1327 Columbia St Lafayette, IN 47901

Estimated Value: $128,000 - $173,000

4 Beds
3 Baths
2,711 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $6,500 $2 Per Sq Ft

Est. 2,215% increase in value since last sale

Current estimated payment $862/month

112 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wooded Lot
  • Covered patio or porch
  • Vinyl Flooring

About This Home

As of June 2015

Unique opportunity!! This is a fire damaged 3 unit. Grandfathered at a 3 unit but if torn down will be zoned R2. Great corner lot on the corner of 13th and Columbia. Off street parking, nice sized back yard. On the bus route and a straight shot to the Purdue campus. Must have permission to view and be accompanied by Owner's maintenance supervisor.

Last Listed By

Darcy Weston

Darcy Weston RE Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 130x42
  • Corner Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, maintenance, sewer, water
  • Assessor Parcel Number 79-07-21-382-005.000-004

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1901
  • Age: 114
  • Style: One and Half Story
  • Architectural Style: Contemporary
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: RENA B STOCKTON SD LOT 1 EX 8FT OFFENTIRE W SIDE |
  • Parcel Number ID: 79-07-21-382-005.000-004
  • Platted: Yes
  • Amenities: Basement, Cable Available, Eat-In Kitchen, Porch Covered, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 65.66
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 3705
  • Total Finished Sq Ft: 2711
  • Above Grade Finished Sq Ft: 2711
  • Below Grade Sq Ft: 994
  • Price Per Sq Ft: 2.4
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 994

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 900

Schools

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

Lot Info

  • Lot Description: Corner, Slope, Wooded
  • Lot Dimensions: 130x42
  • Estimated Lot Sq Ft: 5445
  • Estimated Lot Size Acres: 0.125

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Sewer, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 1456

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
City Of Lafayette
Bought by
Tippecanoe Land Holding Inc
Total Days on Market
112
Current Estimated Value
$150,500

Purchase Details

Closed on
Oct 15, 2020
Sold by
Tippecanoe County
Bought by
Jlr Construction Llc

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jun 9, 2015
Sold by
Eloc Properties Llc
Bought by
Jlr Construction Llc
Seller's Agent
Darcy Weston
Darcy Weston RE
Buyer's Agent
Darcy Weston
Darcy Weston RE
List Price
$29,900
Sold Price
$6,500
Premium/Discount to List
-$23,400
-78.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.48%

Purchase Details

Closed on
Mar 27, 2003
Sold by
Cole Jason L and Cole Cristin N
Bought by
Eloc Properties Llc

Purchase Details

Closed on
Jan 8, 2003
Sold by
Conseco Finance Servicing Corp
Bought by
Cole Jason L and Cole Cristin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2002
Sold by
Roberts Marilyn R and Roberts Terry L
Bought by
Conseco Finance Servicing Corp

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
Tippecanoe Land Holding Inc -- Bcks Title Company Llc
Jlr Construction Llc -- None Listed On Document
Lafayette City -- None Available
Jlr Construction Llc -- --
Eloc Properties Llc -- --
Cole Jason L -- Progressive Land Title
Conseco Finance Servicing Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Jason L $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $6,500 -78.3% $2 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $29,900 -- $11 / 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 $320 $16,000 $16,000 --
2023 $320 $16,000 $16,000 $0
2022 $0 $16,000 $16,000 $0
2021 $320 $16,000 $16,000 $0
2020 $320 $16,000 $16,000 $0
2019 $18,857 $16,000 $16,000 $0
2018 $16,016 $16,000 $16,000 $0
2017 $656 $22,800 $16,000 $6,800
2016 $452 $22,560 $16,000 $6,560
2014 $1,564 $78,200 $16,000 $62,200
2013 $1,456 $72,800 $16,000 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201504560

Indiana Regional MLS

APN: 79-07-21-382-005.000-004