NOT LISTED FOR SALE

1608 N 12th St Lafayette, IN 47904

Monon Neighborhood

Estimated Value: $243,000 - $270,877

6 Beds
2 Baths
3,370 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $180,000 $53 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,648/month

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • Level Lot

About This Home

As of March 2021

Fully rented duplex with recent renovations. All new appliances and flooring in each unit. Garage is rented out to tenant in 1608 for an additional $50/month.

Last Agent to Sell the Property

Cole Kesling

Sue O'Brien - Titan RE Listed on: 02/08/2021

Co-Listed By

Sue O'Brien

Sue O'Brien - Titan RE

Last Buyer's Agent

John W. Wilson

Redlow Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 44x144
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-07-16-353-021.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $600
  • Water Sewer Expense $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,784

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BALL & GREENLEES ADDN TO LINWOOD LOT 3
  • Parcel Number ID: 79-07-16-353-021.000-004
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 4440
  • Total Finished Sq Ft: 3370
  • Above Grade Finished Sq Ft: 3370
  • Below Grade Sq Ft: 1070
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1070
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 700
  • Number Of W D Hookups: 2

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x144
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Tax Info

  • Annual Property Tax: 1784

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 15, 2021
Sold by
Goodnews Rentals Llc
Bought by
Sima Daniel G and Sima Elizabeth
Seller's Agent
Cole Kesling
Sue O'Brien - Titan RE
Buyer's Agent
John W. Wilson
Redlow Group
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$257,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,959
Avg. Annual Appreciation
7.97%
Original Mortgage
$135,000
Outstanding Balance
$121,079
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$136,880

Purchase Details

Closed on
Apr 18, 2016
Sold by
Jc Equity Group Llc
Bought by
Goodnews Rentals Llc

Purchase Details

Closed on
Nov 25, 2015
Sold by
Glr Fund Llc
Bought by
Jc Equity Group Llc

Purchase Details

Listed on
Dec 29, 2014
Closed on
May 8, 2015
Sold by
Toyra Stephen
Bought by
Glr Fund Llc
Seller's Agent
Stephen Toyra
FRG Lafayette LLC
Buyer's Agent
Eliseo Medrano
FRG Lafayette LLC
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%

Purchase Details

Listed on
Dec 29, 2014
Closed on
Apr 27, 2015
Sold by
Ob Company Llc
Bought by
Toyra Stephen
Seller's Agent
Stephen Toyra
FRG Lafayette LLC
Buyer's Agent
Eliseo Medrano
FRG Lafayette LLC
List Price
$45,000
Sold Price
$45,000

Purchase Details

Closed on
Jun 3, 2011
Sold by
Obryan John R
Bought by
O B Company Llc

Purchase Details

Closed on
Sep 17, 2002
Sold by
Obryan John R
Bought by
Obryan John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sima Daniel G -- Metropolitan Title
Sima Daniel G $180,000 Metropolitan Title
Goodnews Rentals Llc -- --
Jc Equity Group Llc -- --
Glr Fund Llc -- --
Toyra Stephen -- --
O B Company Llc -- None Available
Obryan John R $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sima Daniel G $135,000
Closed Sima Daniel G $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $180,000 0.0% $53 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $180,000 +300.0% $53 / Sq Ft
05/08/2015 05/08/15 Sold $45,000 0.0% $15 / Sq Ft View Prior Sale
04/03/2015 04/03/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $45,000 -- $15 / 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 $3,426 $171,300 $13,000 $158,300
2023 $2,236 $111,800 $13,000 $98,800
2022 $2,182 $109,100 $13,000 $96,100
2021 $2,140 $107,000 $13,000 $94,000
2020 $1,784 $89,200 $13,000 $76,200
2019 $1,784 $89,200 $11,000 $78,200
2018 $1,784 $89,200 $11,000 $78,200
2017 $1,736 $86,800 $11,000 $75,800
2016 $1,720 $85,990 $11,000 $74,990
2014 $1,640 $82,000 $11,000 $71,000
2013 $1,536 $76,800 $11,000 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Cole Kesling

    Seller's Agent in 2021

    Cole Kesling

    Sue O'Brien - Titan RE

    (765) 414-4208

    2 in this area

    31 Total Sales

    Cole Kesling
    Section Image
  • Sue O'Brien

    Seller Co-Listing Agent in 2021

    Sue O'Brien

    Sue O'Brien - Titan RE

    (765) 426-2220

    1 in this area

    53 Total Sales

    Sue O'Brien
    Section Image
  • John W. Wilson

    Buyer's Agent in 2021

    John W. Wilson

    Redlow Group

    (765) 413-1411

    3 in this area

    157 Total Sales

    John W. Wilson
    Section Image

  • S

    Seller's Agent in 2015

    Stephen Toyra

    FRG Lafayette LLC

  • E

    Seller Co-Listing Agent in 2015

    Eliseo Medrano

    FRG Lafayette LLC

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202104156

Indiana Regional MLS

APN: 79-07-16-353-021.000-004

Indiana Tippecanoe County Lafayette 47904 Monon

1608 N 12th St, Lafayette, IN

Not Listed for Sale

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