$140,000
SOLD MAR 21, 2022
3 Beds
3 Baths
1,794 Sq Ft
6,403 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

2 Days on Market

About This Home

As of April 2023

This home is located at 1601 Hart St, Lafayette, IN 47904 and is currently priced at $140,000, approximately $78 per square foot. This property was built in 1930. 1601 Hart St is a home located in Tippecanoe County with nearby schools including Vinton Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 02/14/2022

TruVant Realty

Last Buyer's Agent

Tabitha Casto

TruVant Realty Listed on: 02/14/2022

TruVant Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1930

Lot Details

  • 6,403 Sq Ft Lot
  • Lot Dimensions are 44x145
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 79-07-16-331-013.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$865

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1930
  • Age: 92
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: S D JACKSONS ADDN LOT 8 & 1 FT W SIDELOT 9
  • Parcel Number ID: 79-07-16-331-013.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2021-2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2784
  • Total Finished Sq Ft: 1794
  • Above Grade Finished Sq Ft: 1794
  • Below Grade Sq Ft: 990
  • Price Per Sq Ft: 78.04
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 990
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 44X145
  • Estimated Lot Sq Ft: 6403
  • Estimated Lot Size Acres: 0.147

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 864.6

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 9, 2022
Closed on
Apr 10, 2023
Sold by
4Th Offset Llc
Bought by
Pineapple Estates Llc
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
Grant Thompson
Raeco Realty
List Price
$159,000
Sold Price
$146,000
Premium/Discount to List
-$13,000
-8.18%
Views
210
Current Estimated Value
$178,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,817
Avg. Annual Appreciation
8.78%
Original Mortgage
$112,000
Outstanding Balance
$100,806
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$78,011

Purchase Details

Listed on
Jun 1, 2020
Closed on
Oct 29, 2020
Sold by
Wallace Trust
Bought by
Anson Rick
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Tabitha Casto
TruVant Realty
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
May 16, 2014
Sold by
Wallace Bruce and Wallace Carolyn L
Bought by
Wallace Trust

Purchase Details

Closed on
Sep 28, 1988
Sold by
The Salvation Army
Bought by
Wallace Bruce and Wallace Carolyn L
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 $146,000 Metropolitan Title
Deed -- Metropolitan Title
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $146,000 -8.2% $81 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $159,000 0.0% $89 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
11/18/2022 11/18/22 Price Changed $159,000 -3.6% $89 / Sq Ft
11/09/2022 11/09/22 For Sale $165,000 +17.9% $92 / Sq Ft
03/21/2022 03/21/22 Sold $140,000 0.0% $78 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $140,000 +27.3% $78 / Sq Ft
10/30/2020 10/30/20 Sold $110,000 -6.8% $61 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $118,000 -1.7% $66 / Sq Ft
07/01/2020 07/01/20 Price Changed $120,000 -7.7% $67 / Sq Ft
06/01/2020 06/01/20 For Sale $130,000 -- $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 $2,312 $115,600 $13,000 $102,600
2023 $1,644 $82,200 $13,000 $69,200
2022 $1,604 $80,200 $13,000 $67,200
2021 $1,886 $78,600 $13,000 $65,600
2020 $1,572 $78,600 $13,000 $65,600
2019 $1,572 $78,600 $11,000 $67,600
2018 $1,572 $78,600 $11,000 $67,600
2017 $1,530 $76,500 $11,000 $65,500
2016 $1,516 $75,790 $11,000 $64,790
2014 $1,546 $77,300 $11,000 $66,300
2013 $1,576 $78,800 $11,000 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202204893

Indiana Regional MLS

APN: 79-07-16-331-013.000-004