NOT LISTED FOR SALE

1505 Main St Lafayette, IN 47901

Estimated Value: $164,000 - $175,000

4 Beds
2 Baths
1,996 Sq Ft
4,356 Sq Ft Lot

Last Sold February 22, 2017

Last sale price $89,000 $45 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,043/month

1 Day on Market

About This Home

As of February 2017

Investment property. Two units rented.

Last Listed By

Julie Boyce

Keller Williams Lafayette Listed on: 01/03/2017

Keller Williams Lafayette

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1901

Lot Details

  • 4,356

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Block Basement Construction
  • Basement Cellar

Home Security

Schools

  • Murdock Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Sloped Lot
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-07-21-386-020.000-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,474

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1901
  • Age: 116
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 37.2 FT Main St PT SF SW SEC 21 TWP 23R4 .1At |
  • Parcel Number ID: 79-07-21-386-020.000-004
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Laminate, Detector-Smoke
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 99
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2292
  • Total Finished Sq Ft: 1996
  • Above Grade Finished Sq Ft: 1996
  • Below Grade Sq Ft: 296
  • Price Per Sq Ft: 44.59
  • Basement: Yes
  • Basement Foundation: Cellar
  • Basement Material: Block
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Family Room: Dimensions: 11x12, On Level: Upper
  • Extra Room: Kitchen, Dimensions: 12x12, On Level: Upper
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 296

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 29x112
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 1474

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 22, 2017
Sold by
Miller Brett E
Bought by
Giorgini Rebecca L
Seller's Agent
Julie Boyce
Keller Williams Lafayette
Buyer's Agent
Julie Boyce
Keller Williams Lafayette
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%
Total Days on Market
1
Current Estimated Value
$169,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,500
Avg. Annual Appreciation
8.15%
Original Mortgage
$87,387
Outstanding Balance
$73,230
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$96,270

Purchase Details

Closed on
Aug 24, 2016
Sold by
Miller Brett E and Miller Brenda L
Bought by
Miller Brett E

Purchase Details

Closed on
Aug 9, 2004
Sold by
Boyce Edward A
Bought by
Miller Brett E and Miller Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2001
Sold by
Desplinter David
Bought by
Boyce Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,700
Interest Rate
7.25%
Mortgage Type
Commercial

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
Giorgini Rebecca L -- --
Miller Brett E -- --
Miller Brett E -- --
Boyce Edward A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giorgini Rebecca L $87,387
Previous Owner Miller Brett E $94,000
Previous Owner Boyce Edward A $72,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $89,000 -1.0% $45 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $89,900 -- $45 / 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 $1,242 $131,700 $12,000 $119,700
2023 $1,242 $98,900 $12,000 $86,900
2022 $1,162 $94,600 $12,000 $82,600
2021 $1,008 $82,300 $12,000 $70,300
2020 $934 $77,000 $12,000 $65,000
2019 $932 $77,000 $16,000 $61,000
2018 $933 $77,000 $16,000 $61,000
2017 $999 $77,000 $16,000 $61,000
2016 $1,526 $76,280 $16,000 $60,280
2014 $1,444 $72,200 $16,000 $56,200
2013 $1,346 $67,300 $16,000 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201700503

Indiana Regional MLS

APN: 79-07-21-386-020.000-004