$185,000
SOLD SEP 12, 2024

1401 Washington St Lafayette, IN 47905

Miller Neighborhood
4 Beds
2 Baths
1,536 Sq Ft
7,560 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • Carpet
  • Level Lot

About This Home

As of September 2024

Welcome to 1401 Washington St, Lafayette, Indiana! This charming duplex presents a lucrative investment opportunity. Situated in a desirable location, tenants enjoy convenient access to local amenities and transportation links. Whether you're a seasoned investor or a newcomer to real estate, this duplex promises a reliable return on investment in Lafayette's thriving rental market. Don't miss your chance to own this income-producing property in a prime location! Inspections are welcome but sold as is.

Last Agent to Sell the Property

Elizabeth Hobbs

Keller Williams Lafayette Brokerage Phone: 317-459-1966 Listed on: 08/29/2024

Keller Williams Lafayette

Last Buyer's Agent

Shawn Kermani

Summerland Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1977

Lot Details

  • 7,560 Sq Ft Lot
  • Lot Dimensions are 60x126
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-07-29-378-004.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $840
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,634

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 47
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W K ROCHESTERS S OR 2ND LOT 77
  • Parcel Number ID: 79-07-29-378-004.000-004
  • Platted: Yes
  • Sp Lp Percent: 105.71
  • Monthly Gross Income: 1700
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Price Per Sq Ft: 120.44
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

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

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 840
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 4

Schools

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

Lot Info

  • Lot Description: Level, Slope, 0-2.9999
  • Lot Dimensions: 60x126
  • Estimated Lot Sq Ft: 7560
  • Estimated Lot Size Acres: 0.174

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1634

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Sep 12, 2024
Sold by
Boes Sharon F
Bought by
Tsang Ding Wu
Seller's Agent
Elizabeth Hobbs
Keller Williams Lafayette
Buyer's Agent
Shawn Kermani
Summerland Realty Group, LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
23
Current Estimated Value
$180,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,625
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Sep 28, 2022
Sold by
Crowe Roberta J
Bought by
Boes Sharon F
Source: Public Records

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Range of Values:

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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 $185,000 Bcks Title Company Llc
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $185,000 +5.7% $120 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $175,000 -- $114 / 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 $2,238 $111,900 $15,000 $96,900
2023 $1,634 $81,700 $15,000 $66,700
2022 $1,564 $78,200 $15,000 $63,200
2021 $1,476 $73,800 $15,000 $58,800
2020 $1,230 $61,500 $15,000 $46,500
2019 $1,230 $61,500 $6,000 $55,500
2018 $1,218 $60,900 $6,000 $54,900
2017 $1,186 $59,300 $6,000 $53,300
2016 $1,174 $58,730 $6,000 $52,730
2014 $1,162 $58,100 $6,000 $52,100
2013 $1,132 $56,600 $6,000 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Hobbs

    Seller's Agent in 2024

    Elizabeth Hobbs

    Keller Williams Lafayette

    (317) 459-1966

    2 in this area

    137 Total Sales

    Elizabeth Hobbs
    Section Image

  • S

    Buyer's Agent in 2024

    Shawn Kermani

    Summerland Realty Group, LLC

    (574) 707-0075

    1 in this area

    2 Total Sales

    Shawn Kermani
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202433105

Indiana Regional MLS

APN: 79-07-29-378-004.000-004

Indiana Tippecanoe County Lafayette 47905 Miller

1401 Washington St, Lafayette, IN

This home is located at 1401 Washington St, Lafayette, IN 47905 and is currently priced at $185,000, approximately $120 per square foot. This property was built in 1977. 1401 Washington St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

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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