NOT LISTED FOR SALE

Estimated Value: $204,000 - $258,000

4 Beds
2.5 Baths
2,568 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $115,000 $45 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,513/month

3 Days on Market

Highlights

  • Walk-In Pantry
  • Enclosed patio or porch
  • Multiple cooling system units
  • Fenced Yard
  • Ceiling height of 9 feet or more
  • 3-minute walk to South Tipp Park

About This Home

As of November 2017

One of 3 Prime Rental Locations clustered together including 143 S 3rd & 153 S 3rd. Duplex townhouses walking distance to downtown. Highlights include Spacious living spaces, fenced yard, eat-in kitchen, open wood staircase, high ceilings, enclosed back porch, and more! Call today! 48 hours notice required. (Water/Sewage cost also includes trash expense)

Last Listed By

Christy Carr

Commercial Brokers Listed on: 10/06/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Walk-In Pantry
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, deposit value
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 79-07-29-203-023.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Maintenance Expense $1,800
  • Water Sewer Expense $651

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,996

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 87
  • Style: Townhouse
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: H T SAMPLES ADDN LOTS 15 & 16
  • Parcel Number ID: 79-07-29-203-023.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Ceiling-9+, Countertops-Laminate, Pantry-Walk In, Porch Enclosed, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.83
  • Monthly Gross Income: 1410
  • Special Features: None

Interior Features

  • Total Sq Ft: 3124
  • Total Finished Sq Ft: 2568
  • Above Grade Finished Sq Ft: 2568
  • Below Grade Sq Ft: 556
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 556
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Full, Wood
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Window, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1400
  • Annual Maintenance Expense: 1800
  • Annual Water Sewer Expense: 651
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50x134
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1410
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 30, 2017
Sold by
Spring Valley Management Llc
Bought by
Kbay Pacific Group Llc
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Cathy Russell
@properties
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Total Days on Market
3
Current Estimated Value
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,000
Avg. Annual Appreciation
8.42%
Original Mortgage
$92,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Caron Jonathon P and Caron Rebecca E
Bought by
Spring Valley Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,495
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 20, 2002
Sold by
Newton Edward D and Newton Betty L
Bought by
Caron Jonathon P and Caron Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Kbay Pacific Group Llc -- --
Kbay Pacific Group Llc -- --
Spring Valley Management Llc -- None Available
Caron Jonathon P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kbay East Group Llc $244,200
Closed Kbay Pacific Group Llc $92,000
Closed Kbay Pacific Group Llc $140,000
Previous Owner Spring Valley Management Llc $84,495
Previous Owner Caron Jonathon P $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $115,000 -4.2% $45 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $120,000 -- $47 / 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 $2,714 $159,100 $13,000 $146,100
2023 $2,714 $135,700 $13,000 $122,700
2022 $2,598 $129,900 $13,000 $116,900
2021 $2,260 $113,000 $13,000 $100,000
2020 $2,092 $104,600 $13,000 $91,600
2019 $2,092 $104,600 $10,000 $94,600
2018 $2,072 $103,600 $10,000 $93,600
2017 $2,016 $100,800 $10,000 $90,800
2016 $1,996 $99,840 $10,000 $89,840
2014 $1,902 $95,100 $10,000 $85,100
2013 $1,676 $83,800 $10,000 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201746098

Indiana Regional MLS

APN: 79-07-29-203-023.000-004