$73,000
SOLD APR 29, 2016
1 Bed
1 Bath
728 Sq Ft
$150/mo HOA Fee

Recently Sold

$100 Per Sq Ft

18% Below List Price

74 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2-minute walk to Trinity United Methodist Sharing Garden

About This Home

As of June 2020

** Major HOA special assessments amounting to around $11,000 are required within the next year to maintain building and also the a/c & furnace are around 18 years old and are nearing the end of their life cycle. PERFECT DOWNTOWN LOCATION! Great Condo in the heart of downtown Lafayette where Main Street is just outside your doorstep. Built inside the Historic Ball Building, the space features 10 ft ceilings with floor to ceiling windows, 6-panel doors, & brand new kitchen flooring. The historic character of the building continues through the common areas with the original staircase and a multi-level deck. Seller will give a cash back allowance for anticipated HOA repairs to the building. The $150 per month HOA fee includes the water, sewage, trash pickup, cleaning of the common areas, and building insurance. Low maintenance, low utilities, move-in ready and just steps away from everything downtown. Annual Utility Averages: Duke $89/mo, Vectren $42/mo.

Last Agent to Sell the Property

Christy Carr

Commercial Brokers Listed on: 02/15/2016

Last Buyer's Agent

Christy Carr

Commercial Brokers Listed on: 02/15/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1899

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Composite Building Materials

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 79-07-20-065-005.902-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,366

Year Built

Built in 1899

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1899
  • Age: 117
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BALL BUILDING PD UNIT 2B& UND INT IN COMMON AREA
  • Parcel Number ID: 79-07-20-065-005.902-004
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling-9+, Ceiling Fan(s), Disposal, Dryer Hook Up Gas, Range/Oven Hook Up Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.02
  • Special Features: None

Interior Features

  • Total Sq Ft: 728
  • Total Finished Sq Ft: 728
  • Above Grade Finished Sq Ft: 728
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Composite, Rubber
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 3xMain, On Level: 3

Condo/Co-op/Association

  • Association Fees: 150
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x18
  • Estimated Lot Sq Ft: 741
  • Estimated Lot Size Acres: 0.017

Tax Info

  • Annual Taxes: 1366
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jun 2, 2020
Sold by
Terre Haute Home Leasing Co Llc
Bought by
Wong Nathan
Seller's Agent
Susie Eros
F.C. Tucker/Shook
Buyer's Agent
Christopher Peterson
Majestic Properties Inc.
List Price
$120,000
Sold Price
$118,970
Premium/Discount to List
-$1,030
-0.86%
Current Estimated Value
$173,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,551
Avg. Annual Appreciation
7.03%
Original Mortgage
$82,970
Outstanding Balance
$74,004
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$96,621

Purchase Details

Listed on
Feb 15, 2016
Closed on
Apr 29, 2016
Sold by
Lohmeyer Karen A
Bought by
Terre Haute Home Leasing Co Ll
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Christy Carr
Commercial Brokers
List Price
$89,000
Sold Price
$73,000
Premium/Discount to List
-$16,000
-17.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Source: Public Records

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 -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,970 New Conventional
Previous Owner $62,900 New Conventional
Previous Owner $886,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $118,970 -0.9% $163 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $120,000 +64.4% $165 / Sq Ft
04/29/2016 04/29/16 Sold $73,000 -18.0% $100 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $89,000 -- $122 / 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 $1,926 $96,300 -- $96,300
2023 $1,800 $90,000 $0 $90,000
2022 $1,554 $77,700 $0 $77,700
2021 $1,480 $74,000 $0 $74,000
2020 $1,392 $69,600 $0 $69,600
2019 $1,374 $68,700 $0 $68,700
2018 $1,366 $68,300 $0 $68,300
2017 $1,362 $68,100 $0 $68,100
2016 $1,424 $71,200 $5,000 $66,200
2014 $330 $69,500 $5,000 $64,500
2013 $322 $68,800 $5,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201605749

Indiana Regional MLS

APN: 79-07-20-065-005.902-004