NOT LISTED FOR SALE

1435 South St Lafayette, IN 47901

Valley Center Neighborhood

Estimated Value: $223,000 - $268,000

4 Beds
2 Baths
2,331 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $175,000 $75 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,562/month

3 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1 Car Detached Garage
  • Corner Lot
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of November 2022

Great investment opportunity! Fully leased duplex bringing in over $2000 in gross monthly rent. Unit 1 leased through 5/2023 and unit 2 leased through 9/2023. Central location close to downtown, bus stop, and just a short drive to Purdue University. Tenants pay electric. Owner pays water/sewage and gas. New carpet and paint in upstairs unit.

Last Agent to Sell the Property

Maria Sandlin

Raeco Realty Listed on: 10/04/2022

Last Buyer's Agent

Calvin Dykhuizen

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Fenced Yard
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 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 cooling, electric, deposit value
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 79-07-28-126-010.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,248
  • Insurance Expense $850
  • Maintenance Expense $750
  • Water Sewer Expense $919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 102
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: OAKLAND ADDN LOT 8
  • Parcel Number ID: 79-07-28-126-010.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Cable Available, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2055
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3714
  • Total Finished Sq Ft: 2331
  • Above Grade Finished Sq Ft: 2331
  • Below Grade Sq Ft: 1383
  • Price Per Sq Ft: 75.08
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Laminate, Wood
  • Main Level Sq Ft: 1383
  • Total Below Grade Sq Ft: 1383
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Fence: Wood
  • Stories: 2

Garage/Parking

  • Parking: Garage, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Fuel Expense: 1248
  • Annual Insurance Expense: 850
  • Annual Maintenance Expense: 750
  • Annual Water Sewer Expense: 919
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • 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: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Deposit Value

Multi Family

  • Gross Monthly Rent: 2055
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2090

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Dykhuizen Calvin
Bought by
1435 South St Llc
Current Estimated Value
$238,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$153,077
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$104,757

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 15, 2022
Sold by
Vick Roland Glen Le
Bought by
Trust No Rgv2lt
Seller's Agent
Maria Sandlin
Raeco Realty
Buyer's Agent
Calvin Dykhuizen
Trueblood Real Estate
List Price
$175,000
Sold Price
$175,000
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
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
1435 South St Llc $210,000 Metropolitan Title
Trust No Rgv2lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1435 South St Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $175,000 0.0% $75 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $175,000 -- $75 / 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 $2,966 $148,300 $18,000 $130,300
2023 $2,392 $119,600 $18,000 $101,600
2022 $2,300 $115,000 $18,000 $97,000
2021 $2,090 $104,500 $18,000 $86,500
2020 $2,090 $104,500 $18,000 $86,500
2019 $2,090 $104,500 $15,000 $89,500
2018 $2,070 $103,500 $15,000 $88,500
2017 $2,014 $100,700 $15,000 $85,700
2016 $1,994 $99,730 $15,000 $84,730
2014 $1,884 $94,200 $15,000 $79,200
2013 $1,770 $88,500 $15,000 $73,500
Source: Public Records

Agents Affiliated with this Home

  • Maria Sandlin

    Seller's Agent in 2022

    Maria Sandlin

    Raeco Realty

    (765) 430-5142

    3 in this area

    91 Total Sales

    Maria Sandlin
    Section Image
  • Calvin Dykhuizen

    Buyer's Agent in 2022

    Calvin Dykhuizen

    Trueblood Real Estate

    (765) 426-3928

    8 in this area

    160 Total Sales

    Calvin Dykhuizen
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202241249

Indiana Regional MLS

APN: 79-07-28-126-010.000-004

Indiana Tippecanoe County Lafayette 47901 Valley Center

1435 South St, Lafayette, IN

This home is located at 1435 South St, Lafayette, IN 47901 since 04 October 2022 and is currently estimated at $238,202, approximately $102 per square foot. This property was built in 1920. 1435 South St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High 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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