NOT LISTED FOR SALE

Estimated Value: $154,000

7 Beds
3 Baths
1,532 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $137,000 $89 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,060/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Entrance Foyer

About This Home

As of March 2023

This investment property is ready for your special touch! It has 3 units total, one is currently rented, and the other two are waiting for your finishing touches. Each unit offers large rooms, large walk-in closets, huge windows for lots of natural light, hard wood floors, tall ceilings, and much more. The building has a fully unfinished basement great for storage, brand new water heater, the roof is less than 10 years old on the garage and building, great parking, and it's on a corner lot. This also comes with an oversized detached 3 car garage AND it also has a 1 car attached garage. This investment property is close to Purdue University, lots of shopping, and is centrally located. Inspections welcomed but property is being sold as is. Come take a look today! Apartment 109 cannot be shown.

Last Listed By

Laura Guajardo

BerkshireHathaway HS IN Realty Listed on: 02/02/2023

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Rubber Roof
  • Asphalt

Interior Spaces

  • 1.5-Story Property
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • 2 Bathrooms in Basement
  • 3 Bedrooms in Basement

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, heating, sewer, tax, water
  • Assessor Parcel Number 79-07-28-128-019.000-004

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $2,640
  • Insurance Expense $3,800
  • Maintenance Expense $600
  • Water Sewer Expense $864

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,160

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 123
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Oakland ADDN LOT 80
  • Parcel Number ID: 79-07-28-128-019.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Water Heater Gas
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 94.48
  • Monthly Gross Income: 500
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3064
  • Total Finished Sq Ft: 1532
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Sq Ft: 1532
  • Price Per Sq Ft: 89.43
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Wood
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1532
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 8

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Electric: 480
  • Annual Fuel Expense: 2640
  • Annual Insurance Expense: 3800
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 864
  • Number Electric Meters: 1
  • Number Gas Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 0.15
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Sewer, Tax, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2160

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Oakley Property Tenant Rentals Llc
Bought by
Thomas Melvin
Total Days on Market
23
Current Estimated Value
$154,000

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 22, 2023
Sold by
Klinker Willa K
Bought by
Oakley Property Tenant Rentals Llc
Seller's Agent
Laura Guajardo
BerkshireHathaway HS IN Realty
Buyer's Agent
Amanda Oakley
Trueblood Real Estate
List Price
$145,000
Sold Price
$137,000
Premium/Discount to List
-$8,000
-5.52%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$152,000
Interest Rate
6.12%
Mortgage Type
New Conventional

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
Thomas Melvin -- None Listed On Document
Oakley Property Tenant Rentals Llc $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oakley Property Tenant Rentals Llc $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $137,000 -5.5% $89 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $145,000 0.0% $95 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $145,000 -- $95 / 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 $2,472 $234,700 $18,000 $216,700
2023 $2,472 $123,600 $18,000 $105,600
2022 $2,376 $118,800 $18,000 $100,800
2021 $2,160 $108,000 $18,000 $90,000
2020 $2,160 $108,000 $18,000 $90,000
2019 $2,076 $103,800 $15,000 $88,800
2018 $2,016 $100,800 $15,000 $85,800
2017 $1,962 $98,100 $15,000 $83,100
2016 $1,944 $97,170 $15,000 $82,170
2014 $1,828 $91,400 $15,000 $76,400
2013 $1,724 $86,200 $15,000 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202302973

Indiana Regional MLS

APN: 79-07-28-128-019.000-004