NOT LISTED FOR SALE

1440 Grove St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $193,000 - $255,000

4 Beds
3 Baths
3,152 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $106,000 $34 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,539/month

252 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry in Utility Room
  • Victorian Architecture
  • Crown Molding
  • Central Air

About This Home

As of February 2015

Great 3 unit investment property. Tenants pay elect and gas. Owner pays lawncare, water, sewer. Garage area is owner storage and not currently leased with a unit. Units offer built-ins, storage, and hardwood flooring. Clean and easy to rent!

Last Agent to Sell the Property

Lynn Edgell

@properties Listed on: 05/05/2014

@properties

Last Buyer's Agent

Mike Frampton

Indiana Integrity REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry in Utility Room
  • Partially Finished Basement

Flooring

  • Wood
  • Partially Carpeted
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for lawn maintenance, maintenance, snow removal, sewer, water
  • Assessor Parcel Number 79-07-28-128-010.000-004

Community Details

Overview

  • 3 Units
  • Oak Land / Oakland Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,337
  • Maintenance Expense $100
  • Water Sewer Expense $933

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 105
  • Style: Two Story
  • Architectural Style: Victorian
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Oakland Addn Lot 73 |
  • Parcel Number ID: 79-07-28-128-010.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Crown Molding, Detector-Smoke, Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.45
  • Monthly Gross Income: 1102
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3883
  • Total Finished Sq Ft: 3152
  • Above Grade Finished Sq Ft: 3152
  • Below Grade Sq Ft: 731
  • Price Per Sq Ft: 33.63
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Part Carpet, Vinyl Tile, Wood
  • Main Level Sq Ft: 1690
  • Total Below Grade Sq Ft: 731
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1337
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 933
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • 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
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 73

Rental Info

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

Tax Info

  • Total Assessed Value: 129700
  • Annual Property Tax: 2594

Multi Family

  • Gross Monthly Rent: 1102
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Feb 13, 2015
Sold by
Criswell Trust
Bought by
Koegle Justin
Seller's Agent
Lynn Edgell
@properties
Buyer's Agent
Mike Frampton
Indiana Integrity REALTORS
List Price
$129,900
Sold Price
$106,000
Premium/Discount to List
-$23,900
-18.4%
Current Estimated Value
$228,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,782
Avg. Annual Appreciation
8.12%
Original Mortgage
$79,500
Outstanding Balance
$61,904
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$180,822

Purchase Details

Closed on
Jun 29, 2001
Sold by
Criswell Ronald L
Bought by
Criswell Ronald L and Ronald L Criswell Revocable Living Trust
Source: Public Records

Range of Values:

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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
Koegle Justin -- --
Criswell Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koegle Justin $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $106,000 -18.4% $34 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
05/05/2014 05/05/14 For Sale $129,900 -- $41 / 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 $3,966 $198,300 $18,000 $180,300
2023 $3,966 $198,300 $18,000 $180,300
2022 $3,606 $180,300 $18,000 $162,300
2021 $3,370 $168,500 $18,000 $150,500
2020 $2,592 $129,600 $18,000 $111,600
2019 $2,592 $129,600 $15,000 $114,600
2018 $2,566 $128,300 $15,000 $113,300
2017 $2,554 $127,700 $15,000 $112,700
2016 $2,528 $126,400 $15,000 $111,400
2014 $2,556 $127,800 $15,000 $112,800
2013 $2,594 $129,700 $15,000 $114,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lynn Edgell

    @properties

    (765) 426-6246

    1 in this area

    190 Total Sales

    Lynn Edgell
    Section Image

  • M

    Buyer's Agent in 2015

    Mike Frampton

    Indiana Integrity REALTORS

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201416378

Indiana Regional MLS

APN: 79-07-28-128-010.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

1440 Grove St, Lafayette, IN

This home is located at 1440 Grove St, Lafayette, IN 47905 since 05 May 2014 and is currently estimated at $228,782, approximately $72 per square foot. This property was built in 1910. 1440 Grove 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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