NOT LISTED FOR SALE

1406 Broadway St Lafayette, IN 47905

Miller Neighborhood

Estimated Value: $166,000 - $242,000

10 Beds
4 Baths
6,656 Sq Ft
$31/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $450,000 $68 Per Sq Ft

Current estimated payment $1,275/month

3 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry in Utility Room
  • 1-Story Property
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Check out this 4 unit investment property! 2 Three bedroom units and 2 Two Bedroom units that are all rented and have great cash flow. Inspections are welcome however the property is being sold "as-is".

Last Agent to Sell the Property

Lori Crampton

MA REALTY Listed on: 06/10/2024

Last Buyer's Agent

Kelly Schreckengast

F.C. Tucker/Shook

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 120 x 126

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • 2 Bedrooms in Basement

Parking

  • 4 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, snow removal, water
  • Assessor Parcel Number 79-07-29-378-007.000-004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Water Sewer Expense $1,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,743

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1975
  • Age: 49
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: W K ROCHESTERS S OR 2nd Addition LOT 81 and 82
  • Parcel Number ID: 79-07-29-378-007.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Eat-In Kitchen, Water Heater Electric
  • Number Below Grade Bedrooms: 2
  • Parcel Id2: 79-07-29-378-008.000-004
  • Sp Lp Percent: 100
  • Monthly Gross Income: 5150
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 6656
  • Total Finished Sq Ft: 6656
  • Above Grade Finished Sq Ft: 3328
  • Below Grade Finished Sq Ft: 3328
  • Price Per Sq Ft: 135.22
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Flooring: Mixed
  • Main Level Sq Ft: 3328
  • Total Below Grade Sq Ft: 3328
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Stucco
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Hvac: High Efficiency Furnace
  • Annual Water Sewer Expense: 1788
  • Number Of W D Hookups: 4

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 Dimensions: 120 x 126
  • Estimated Lot Sq Ft: 15159
  • Estimated Lot Size Acres: 0.348

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Snow Removal, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 5150
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 5742.94

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 29, 2024
Sold by
Shatto Kyle
Bought by
Ae2 Holdings Llc
Seller's Agent
Lori Crampton
MA REALTY
Buyer's Agent
Kelly Schreckengast
F.C. Tucker/Shook
List Price
$450,000
Sold Price
$450,000
Views
12
Current Estimated Value
$203,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$246,664
Avg. Annual Appreciation
-48.13%
Original Mortgage
$168,750
Outstanding Balance
$166,750
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$36,586

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 9, 2024
Sold by
Standard Residential Llc
Bought by
Shatto Kyle
Seller's Agent
Lori Crampton
MA REALTY
Buyer's Agent
Kelly Schreckengast
F.C. Tucker/Shook
List Price
$450,000
Sold Price
$450,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$166,750
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$36,586

Purchase Details

Closed on
Dec 16, 2021
Sold by
Garrison Properties Llc
Bought by
Standard Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2021
Sold by
Tetzloff Llc
Bought by
Disher James D and Disher Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2021
Sold by
Disher James D and Disher Emily E
Bought by
Garrison Properties Llc

Purchase Details

Closed on
Jan 15, 2020
Sold by
Tetzloff Llc
Bought by
Disher James D and Disher Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,750
Interest Rate
2.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Katz Marcel and Miller Jia M
Bought by
Tetzloff Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.91%
Mortgage Type
Unknown
Source: Public Records

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
Ae2 Holdings Llc -- Metropolitan Title
Shatto Kyle -- Metropolitan Title
Standard Residential Llc -- Shelmon Christopher D
Hood Sage $100,000 Metropolitan Title
Disher James D $100,000 None Listed On Document
Garrison Properties Llc -- None Available
Disher James D -- None Listed On Document
Tetzloff Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shatto Kyle $168,750
Previous Owner Hood Sage $127,000
Previous Owner Disher James D $1,055,750
Previous Owner Tetzloff Llc $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $450,000 0.0% $68 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $450,000 -- $68 / 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 $2,412 $115,100 $50,600 $64,500
2023 $4,244 $205,200 $50,600 $154,600
2022 $4,141 $196,400 $50,600 $145,800
2021 $4,177 $196,400 $50,600 $145,800
2020 $3,022 $151,100 $0 $151,100
2019 $2,904 $145,200 $0 $145,200
2018 $2,834 $141,700 $0 $141,700
2017 $2,764 $138,200 $0 $138,200
2016 $2,750 $137,500 $45,200 $92,300
2014 $2,606 $130,300 $45,200 $85,100
2013 $2,552 $127,600 $45,200 $82,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lori Crampton

    MA REALTY

    (765) 414-2525

    1 in this area

    21 Total Sales

    Lori Crampton
    Section Image

  • K

    Buyer's Agent in 2024

    Kelly Schreckengast

    F.C. Tucker/Shook

    (765) 532-7163

    1 in this area

    127 Total Sales

    Kelly Schreckengast
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202421021

Indiana Regional MLS

APN: 79-07-29-378-007.000-004

Indiana Tippecanoe County Lafayette 47905 Miller

1406 Broadway St, Lafayette, IN

This home is located at 1406 Broadway St, Lafayette, IN 47905 since 10 June 2024 and is currently estimated at $203,336, approximately $30 per square foot. This property was built in 1975. 1406 Broadway 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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