NOT LISTED FOR SALE

1516 N 13th St La Fayette, IN 47904

Monon Neighborhood

Estimated Value: $201,000 - $222,000

4 Beds
3 Baths
2,496 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $196,900 $79 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,326/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • Double Pane Windows
  • Baseboard Heating
  • 4-minute walk to Linnwood Park

About This Home

As of March 2022

Great investment! 3 unit building with a 2 bed, 1 bath unit upstairs and two 1 bed, 1 bath units downstairs. Updated electrical, plumbing, windows, siding, gutters, and more. Washer/dryer hook-ups in each unit. Owner only pays water utility. 1-car detached garage in back could be rented for additional income. Two parking spaces in back provide convenient off-street parking for residents. 24-hour notice required for any showings. Inspections welcome, but home is sold "as-is".

Last Agent to Sell the Property

Troy Huber

TNT Realty Listed on: 02/17/2022

Last Buyer's Agent

Allyson Schutte

Epique Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1870

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, water
  • Assessor Parcel Number 79-07-16-354-019.000-004

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,670
  • Water Sewer Expense $893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Age: 152
  • Style: Two Story
  • Architectural Style: Foursquare
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MILLER & ARCHIBALD 50 FT FRONT N 50 FT S 96 FT E OF ALLEY LOT 2
  • Parcel Number ID: 79-07-16-354-019.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Deck Open, Porch Covered, Water Heater Electric, Sump Pump, Washer Hook-Up
  • Cross Street: Greenbush
  • Location: City/Town/Suburb
  • Sp Lp Percent: 109.45
  • Annual Miscellaneous: 800
  • Monthly Gross Income: 1775
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2976
  • Total Finished Sq Ft: 2496
  • Above Grade Finished Sq Ft: 2496
  • Below Grade Sq Ft: 480
  • Price Per Sq Ft: 78.89
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Basement Material: Brick, Stone
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 480
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 280

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Gravel, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 1670
  • Annual Water Sewer Expense: 892.72
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Of W D Hookups: 3
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x140
  • Estimated Lot Sq Ft: 7013
  • Estimated Lot Size Acres: 0.161

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1775
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1968

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 31, 2022
Sold by
T Huber Rentals Llc
Bought by
George Nicholas S
Seller's Agent
Troy Huber
TNT Realty
Buyer's Agent
Allyson Schutte
Epique Inc.
List Price
$179,900
Sold Price
$196,900
Premium/Discount to List
$17,000
9.45%
Current Estimated Value
$214,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,918
Avg. Annual Appreciation
2.66%
Original Mortgage
$147,675
Outstanding Balance
$139,404
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$74,846

Purchase Details

Closed on
Jun 18, 2015
Sold by
Drysdale Daniel L and Drysdale Celestia R
Bought by
T Huber Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
0.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
George Nicholas S $196,900 Metropolitan Title
T Huber Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Nicholas S $147,675
Previous Owner T Huber Rentals Llc $70,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $196,900 +9.4% $79 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $179,900 -- $72 / 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 $1,551 $232,000 $11,000 $221,000
2023 $1,551 $102,900 $13,000 $89,900
2022 $1,545 $100,400 $13,000 $87,400
2021 $1,968 $98,400 $11,000 $87,400
2020 $1,968 $98,400 $11,000 $87,400
2019 $1,892 $94,600 $11,000 $83,600
2018 $1,892 $94,600 $11,000 $83,600
2017 $1,842 $92,100 $11,000 $81,100
2016 $1,824 $91,190 $11,000 $80,190
2014 $1,726 $86,300 $11,000 $75,300
2013 $1,618 $80,900 $11,000 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Troy Huber

    Seller's Agent in 2022

    Troy Huber

    TNT Realty

    (765) 490-1551

    Section Image
  • Allyson Schutte

    Buyer's Agent in 2022

    Allyson Schutte

    Epique Inc.

    (765) 242-9194

    2 in this area

    131 Total Sales

    Allyson Schutte
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202205007

Indiana Regional MLS

APN: 79-07-16-354-019.000-004

Indiana Tippecanoe County La Fayette 47904 Monon

1516 N 13th St, La Fayette, IN

This home is located at 1516 N 13th St, La Fayette, IN 47904 since 17 February 2022 and is currently estimated at $214,818, approximately $86 per square foot. This property was built in 1870. 1516 N 13th St is a home located in Tippecanoe County with nearby schools including Vinton Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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