NOT LISTED FOR SALE

1517 Alabama St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $179,323 - $310,000

6 Beds
3.5 Baths
2,476 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $110,000 $44 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,579/month

8 Days on Market

Highlights

  • Covered patio or porch
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of July 2018

This home is located at 1517 Alabama St, Lafayette, IN 47905 since 10 May 2018 and is currently estimated at $248,831, approximately $100 per square foot. This property was built in 1910. 1517 Alabama St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Last Listed By

Brett Lueken

Century 21 The Lueken Group Listed on: 05/10/2018

Century 21 The Lueken Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Basement Cellar
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, lawn maintenance, maintenance, tax, water
  • Assessor Parcel Number 79-07-28-129-004.000-004

Community Details

Overview

  • 3 Units
  • Oak Land / Oakland Subdivision

Amenities

  • Community Storage Space

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $780
  • Fuel Expense $360
  • Insurance Expense $1,362
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: OAKLAND ADDN LOT 49 |
  • Parcel Number ID: 79-07-28-129-004.000-004
  • Platted: Yes
  • Amenities: Storage, Detector-Smoke, Eat-In Kitchen, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 95.65
  • Monthly Gross Income: 1675
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 3048
  • Total Finished Sq Ft: 2476
  • Above Grade Finished Sq Ft: 2476
  • Below Grade Sq Ft: 572
  • Price Per Sq Ft: 44.43
  • Basement: Yes
  • Basement Foundation: Cellar, Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile, Vinyl
  • Total Below Grade Sq Ft: 572
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 780
  • Annual Fuel Expense: 360
  • Annual Insurance Expense: 1362
  • Annual Water Sewer Expense: 960
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • 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: Level
  • Lot Dimensions: 50X132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 49

Rental Info

  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 98400
  • Annual Property Tax: 1968

Multi Family

  • Gross Monthly Rent: 1675
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 3, 2018
Sold by
Traeger Richard W and Traeger Karyl E
Bought by
Wilson Ray Scott
Seller's Agent
Brett Lueken
Century 21 The Lueken Group
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Total Days on Market
8
Current Estimated Value
$248,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,831
Avg. Annual Appreciation
12.60%
Original Mortgage
$82,500
Outstanding Balance
$72,240
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$176,591

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bougher Tamara Y
Bought by
Traeger Richard W and Traeger Karyl E

Purchase Details

Closed on
Dec 16, 2003
Sold by
Bougher Ralph D and Bougher Tamara A
Bought by
Traeger Richard W and Traeger Karyl E

Range of Values:

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Average Value
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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
Wilson Ray Scott -- None Available
Traeger Richard W -- None Available
Traeger Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Ray Scott $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $110,000 -4.3% $44 / Sq Ft
05/10/2018 05/10/18 For Sale $115,000 -- $46 / 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 $2,320 $198,300 $18,000 $180,300
2023 $2,320 $116,000 $18,000 $98,000
2022 $2,230 $111,500 $18,000 $93,500
2021 $2,028 $101,400 $18,000 $83,400
2020 $2,028 $101,400 $18,000 $83,400
2019 $2,028 $101,400 $15,000 $86,400
2018 $1,968 $98,400 $15,000 $83,400
2017 $1,968 $98,400 $15,000 $83,400
2016 $1,934 $96,660 $18,000 $78,660
2014 $1,830 $91,500 $18,000 $73,500
2013 $1,580 $79,000 $18,000 $61,000
Source: Public Records

Agents Affiliated with this Home

  • Brett Lueken

    Seller's Agent in 2018

    Brett Lueken

    Century 21 The Lueken Group

    (765) 586-8524

    129 Total Sales

    Brett Lueken
    Section Image
  • Judy Roark

    Buyer's Agent in 2018

    Judy Roark

    BerkshireHathaway HS IN Realty

    (765) 426-8297

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201819748

Indiana Regional MLS

APN: 79-07-28-129-004.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

1517 Alabama St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 1517 Alabama St, Lafayette, IN 47905 since 10 May 2018 and is currently estimated at $248,831, approximately $100 per square foot. This property was built in 1910. 1517 Alabama St is a home located in Tippecanoe County with nearby schools including Thomas Miller 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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