1440 Grove St Lafayette, IN 47905
Valley Center NeighborhoodEstimated Value: $196,000 - $257,000
4
Beds
3
Baths
3,152
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Laundry in Utility Room
- Victorian Architecture
- Crown Molding
- Central Air
About This Home
As of February 2015Great 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!
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
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%
Total Days on Market
252
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,790
Avg. Annual Appreciation
8.40%
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
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Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
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
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
-
Lynn Edgell
L
Seller's Agent in 2015
Lynn Edgell
@properties
(765) 426-6246
1 in this area
194 Total Sales
-
Buyer's Agent in 2015
Mike Frampton
Indiana Integrity REALTORS
(765) 426-6552
68 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201416378
APN: 79-07-28-128-010.000-004
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