NOT LISTED FOR SALE

Estimated Value: $297,000 - $378,000

6 Beds
6 Baths
2,880 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $185,000 $64 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,197/month

1 Day on Market

Highlights

  • Ceiling height of 9 feet or more
  • Level Lot
  • 3-minute walk to South Tipp Park
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of September 2017

One of several properties in a stellar portfolio of downtown area properties. This Duplex features 9' ceilings in the lower level, in unit laundry, Master suite, and much more! Call agent for detailsListing Agent is part owner & thus has a real estate license.

Last Listed By

Christy Carr

Commercial Brokers Listed on: 08/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 79-07-29-203-022.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $654
  • Maintenance Expense $2,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,962

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2003
  • Age: 14
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: H T SAMPLES ADDN LOTS 17 & 18
  • Parcel Number ID: 79-07-29-203-022.000-004
  • Platted: Yes
  • Amenities: Fireplace, Ceiling-9+
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2210
  • Special Features: None

Interior Features

  • Total Sq Ft: 2880
  • Total Finished Sq Ft: 2880
  • Above Grade Finished Sq Ft: 2880
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 654
  • Annual Maintenance Expense: 2376
  • Number Of W D Hookups: 2

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, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2209
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 29, 2017
Sold by
Carbin Development Llc
Bought by
Kbay East Group Llc
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Cathy Russell
@properties
List Price
$185,000
Sold Price
$185,000
Total Days on Market
1
Current Estimated Value
$333,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,433
Avg. Annual Appreciation
8.00%
Original Mortgage
$309,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Caron Jonathon P and Caron Rebecca E
Bought by
Carbin Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.95%
Mortgage Type
Purchase Money 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
$24,000
Interest Rate
6.63%
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 East Group Llc -- --
Carbin Development Llc -- --
Caron Jonathon P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kbay East Group Llc $244,200
Closed Kbay East Group Llc $309,400
Previous Owner Carbin Dev Llc $118,797
Previous Owner Carbin Development Llc $135,219
Previous Owner Carbin Development Llc $36,027
Previous Owner Carbin Development Llc $192,000
Previous Owner Caron Jonathon P $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $185,000 0.0% $64 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $185,000 -- $64 / 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 $4,072 $211,000 $13,000 $198,000
2023 $4,072 $203,600 $13,000 $190,600
2022 $3,896 $194,800 $13,000 $181,800
2021 $3,388 $169,400 $13,000 $156,400
2020 $3,126 $156,300 $13,000 $143,300
2019 $3,126 $156,300 $10,000 $146,300
2018 $3,096 $154,800 $10,000 $144,800
2017 $2,992 $149,600 $10,000 $139,600
2016 $2,962 $148,110 $10,000 $138,110
2014 $2,854 $142,700 $10,000 $132,700
2013 $2,650 $132,500 $10,000 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201738047

Indiana Regional MLS

APN: 79-07-29-203-022.000-004