NOT LISTED FOR SALE

1606 N 18th St Lafayette, IN 47904

Saint Lawrence McAllister Neighborhood

Estimated Value: $155,000 - $273,000

6 Beds
3 Baths
2,469 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $140,000 $57 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,348/month

8 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 5-minute walk to Linnwood Park
  • Level Lot

About This Home

As of August 2022

Great investment opportunity to own two rental properties on one lot. This property sits a large duplex with each unit offering 2 bedrooms and 1 bath. The second property is a small single family with 2 bedrooms, 1 bath, and separate utilities. Currently owner is paying all utilities for both properties but they could be split in the future. All units currently rented. Call listing agent for more details. 24 hour notice required for tours.

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 07/26/2022

TruVant Realty

Last Buyer's Agent

Cody Akers

Rainbow Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66x168
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for cooling, electric, fuel, trash collection, water
  • Assessor Parcel Number 79-07-16-379-011.000-004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Electric Expense $1,877
  • Fuel Expense $1,862
  • Insurance Expense $1,532
  • Water Sewer Expense $1,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,304

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: W K Rochesters NE ADDN 65.5 FT Lot 33
  • Parcel Number ID: 79-07-16-379-011.000-004
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.5
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3341
  • Total Finished Sq Ft: 2469
  • Above Grade Finished Sq Ft: 2469
  • Below Grade Sq Ft: 872
  • Price Per Sq Ft: 56.7
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Mixed
  • Total Below Grade Sq Ft: 872
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1877.28
  • Annual Fuel Expense: 1861.56
  • Annual Insurance Expense: 1532.2
  • Annual Water Sewer Expense: 1398.36

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 66x168
  • Estimated Lot Sq Ft: 11108
  • Estimated Lot Size Acres: 0.255

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Electric, Fuel, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

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

Tax Info

  • Annual Property Tax: 2304

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 30, 2022
Sold by
Bolyard Schnepp Betty
Bought by
Hcm Properties Llc
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
Cody Akers
Rainbow Realty
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Total Days on Market
8
Views
3
Current Estimated Value
$205,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,333
Avg. Annual Appreciation
10.82%
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 Buyer Sale Price Title Company
Hcm Properties Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hcm Properties Llc $345,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $140,000 -12.5% $57 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $160,000 -- $65 / 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 $2,408 $168,100 $16,300 $151,800
2023 $2,408 $120,400 $16,300 $104,100
2022 $2,350 $117,500 $16,300 $101,200
2021 $2,304 $115,200 $16,300 $98,900
2020 $2,304 $115,200 $16,300 $98,900
2019 $2,304 $115,200 $24,000 $91,200
2018 $2,304 $115,200 $24,000 $91,200
2017 $2,242 $112,100 $24,000 $88,100
2016 $2,220 $110,980 $24,000 $86,980
2014 $2,252 $112,600 $24,000 $88,600
2013 $2,294 $114,700 $24,000 $90,700
Source: Public Records

Agents Affiliated with this Home

  • Tabitha Casto

    Seller's Agent in 2022

    Tabitha Casto

    TruVant Realty

    (765) 427-2501

    8 in this area

    189 Total Sales

    Tabitha Casto
    Section Image

  • C

    Buyer's Agent in 2022

    Cody Akers

    Rainbow Realty

    (765) 585-5411

    2 in this area

    26 Total Sales

    Cody Akers
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202230914

Indiana Regional MLS

APN: 79-07-16-379-011.000-004

Indiana Tippecanoe County Lafayette 47904 Saint Lawrence McAllister

1606 N 18th St, Lafayette, IN

This home is located at 1606 N 18th St, Lafayette, IN 47904 since 26 July 2022 and is currently estimated at $205,333, approximately $83 per square foot. This property was built in 1890. 1606 N 18th 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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