$388,000
SOLD DEC 17, 2024
4 Beds
2.5 Baths
1,936 Sq Ft
2,919 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Laundry in Utility Room
  • Fenced Yard
  • 1 Car Attached Garage
  • Shed

About This Home

As of December 2024

Looking for extra income? Check out this charming duplex, just a short walk from downtown Lafayette! Each side of the duplex features a spacious two-bedroom layout with plenty of natural light. You could live in one unit and rent out the other for a steady stream of extra income. Currently, both units are rented, generating $3,100 in monthly rental income! Relax on the front covered porch and enjoy watching the neighborhood activity on those long evenings. For those who love to entertain, enjoy the private, fenced-in backyard area. Key features of this duplex: Open floor plan with ample living space, updated kitchen with glass backsplash, large countertops, plenty of room to cook, newer windows and private entrances, storage space, each unit has its own laundry room with washer/dryer, one-car garage attached to each unit, a blend of modern updates with the charm of downtown living, whether you're looking for a place to call home with rental income potential or a full investment property, this duplex offers a great opportunity!

Last Agent to Sell the Property

Thomas Albregts

Keller Williams Lafayette Listed on: 11/11/2024

Keller Williams Lafayette

Last Buyer's Agent

Charles Bell

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1939

Lot Details

  • 2,919 Sq Ft Lot
  • Lot Dimensions are 107x83
  • Fenced Yard
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Historic Home

Home Design

  • Duplex
  • Converted Dwelling
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Laundry in Utility Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Shed
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, lawn maintenance, maintenance, sewer, trash collection
  • Assessor Parcel Number 79-07-21-385-020.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $3,600
  • Insurance Expense $4,000
  • Maintenance Expense $3,200
  • Water Sewer Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,147

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Age: 85
  • Style: Two Story
  • Architectural Style: Converted House
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PERRINS ADDN LOT 7
  • Parcel Number ID: 79-07-21-385-020.000-004
  • Platted: Yes
  • Amenities: Fenced Yard, Cable Available, Garage Door Opener, Porch Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 3100
  • Year Taxes Payable: 2147
  • Special Features: None

Interior Features

  • Total Sq Ft: 2675
  • Total Finished Sq Ft: 1936
  • Above Grade Finished Sq Ft: 1936
  • Below Grade Sq Ft: 739
  • Price Per Sq Ft: 200.41
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Wood, Tile
  • Total Below Grade Sq Ft: 739
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Fence: Privacy
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 60

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Hvac: HVAC (13 Seer), Zoned Air Condtioning, Zoned Heating
  • Annual Fuel Expense: 3600
  • Annual Insurance Expense: 4000
  • Annual Maintenance Expense: 3200
  • Annual Water Sewer Expense: 1440
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Irregular, Rolling, Historic Designation, 0-2.9999
  • Lot Dimensions: 107x83
  • Estimated Lot Sq Ft: 2919
  • Estimated Lot Size Acres: 0.067

Green Features

  • Energy Efficient: Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 3100
  • 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: 2147

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 13, 2024
Sold by
Cojs Investment Llc
Bought by
Pena Luis
Seller's Agent
Thomas Albregts
Keller Williams Lafayette
Buyer's Agent
Charles Bell
Real Broker, LLC
List Price
$388,000
Sold Price
$388,000
Views
6
Current Estimated Value
$362,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,684
Avg. Annual Appreciation
-2.17%

Purchase Details

Closed on
Mar 8, 2024
Sold by
Wagoner Casie
Bought by
Co S Investment Llc

Purchase Details

Listed on
Dec 31, 2018
Closed on
Jan 2, 2019
Sold by
Bank Of New York Mellon
Bought by
Wagoner Casie
Seller's Agent
Tom Johnson
F.C. Tucker Company
Buyer's Agent
Terry Waggoner
Ferris Property Group
List Price
$68,300
Sold Price
$64,525
Premium/Discount to List
-$3,775
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Tippecanoe County Sheriff
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 17, 2017
Sold by
Schriber Kacie and Schriber Dusty
Bought by
Weenes Alyson M

Purchase Details

Closed on
Aug 3, 2015
Sold by
Werner James Cyril
Bought by
Werner Alyson Marie

Purchase Details

Closed on
Aug 21, 2009
Sold by
Lovvorn Robert and Lovvorn Erin
Bought by
Werner James Cyril and Werner Alyson Marie

Purchase Details

Closed on
Apr 1, 2009
Sold by
Werner James C and Werner Alyson M
Bought by
Driscoll Kacie D and Schriber Dusty Ray

Purchase Details

Closed on
Dec 15, 2006
Sold by
Werner James Cyril and Werner Alyson Marie
Bought by
Lovvorn Robert and Lovvorn Erin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Warranty Deed $200,000 Metropolitan Title
Warranty Deed $64,252 None Available
Sheriffs Deed $82,760 None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- None Available
Contract Of Sale $129,193 None Available
Contract Of Sale -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $97,500 Fannie Mae Freddie Mac
Previous Owner $32,500 Stand Alone Second
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $388,000 0.0% $200 / Sq Ft
12/17/2024 12/17/24 Sold $388,000 0.0% $200 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/15/2024 11/15/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $388,000 0.0% $200 / Sq Ft
11/11/2024 11/11/24 For Sale $388,000 +501.3% $200 / Sq Ft
12/31/2018 12/31/18 Sold $64,525 -5.5% $67 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/31/2018 12/31/18 For Sale $68,300 +0.4% $71 / Sq Ft
12/27/2018 12/27/18 Sold $68,000 -0.4% $35 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $68,300 -- $35 / 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 $1,037 $128,000 $8,000 $120,000
2023 $2,148 $107,300 $8,000 $99,300
2022 $1,952 $97,500 $8,000 $89,500
2021 $1,915 $95,600 $8,000 $87,600
2020 $1,915 $95,600 $8,000 $87,600
2019 $1,925 $96,100 $16,000 $80,100
2018 $1,847 $92,200 $16,000 $76,200
2017 $872 $89,800 $16,000 $73,800
2016 $612 $86,800 $16,000 $70,800
2014 $535 $86,800 $16,000 $70,800
2013 $508 $85,400 $16,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202443687

Indiana Regional MLS

APN: 79-07-21-385-020.000-004