NOT LISTED FOR SALE

Estimated Value: $247,000 - $259,359

4 Beds
2 Baths
1,764 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $247,000 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,693/month

1 Day on Market

Highlights

  • In Ground Pool
  • Covered patio or porch
  • 1 Car Attached Garage
  • 0.32 Acre Lot
  • Fenced Yard
  • Ceiling height of 9 feet or more

About This Home

As of March 2024

Multi-family, income producing property with 2 individual homes on the same lot. The main home is 1764 sf, has 4 bedrooms, 2 baths and 1 car attached garage which is currently being used for storage. There is a nice, huge basement (2072 sf) with a kitchenette. Basement square footage extends under the garage. New furnace and water heater in 2017, new roof in 2023. There is an unfilled, in-ground swimming pool in the back yard. Property built in 1973. The cottage at the back of the property, (506 sf) is nicely updated with 1 bed/1 bath, kitchen and living room and separate parking. The utilities for the cottage are separate except for the water/sewage. Property built in 1960. Both properties are currently rented.

Last Listed By

Lori Morris

Indiana Integrity REALTORS Brokerage Email: kbrewer192@aol.com Listed on: 02/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 72x192
  • Fenced Yard
  • Level Lot

Home Design

  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Carpet
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-28-180-004.000-004

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Building Details

  • Electric Expense $3,634
  • Fuel Expense $1,551
  • Insurance Expense $1,231
  • Maintenance Expense $5,000
  • Water Sewer Expense $1,223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,330

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1973
  • Age: 51
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M Rochester 2ND ADDN Lot 31 & 32
  • Parcel Number ID: 79-07-28-180-004.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Ceiling-9+, Countertops-Laminate, Patio Covered, Water Softener-Owned, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2800
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3836
  • Total Finished Sq Ft: 1764
  • Above Grade Finished Sq Ft: 1764
  • Below Grade Sq Ft: 2072
  • Price Per Sq Ft: 140.02
  • Basement: Yes
  • Basement Foundation: Slab, Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Mixed
  • Total Below Grade Sq Ft: 2072
  • Number Of Disposals: 2
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Vinyl
  • Pool: Below Ground
  • Pool: Yes
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3634
  • Annual Fuel Expense: 1551
  • Annual Insurance Expense: 1231
  • Annual Maintenance Expense: 5000
  • Annual Water Sewer Expense: 1223
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x192
  • Estimated Lot Sq Ft: 13824
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Electric, Fuel, Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2850
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3329.94

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 1, 2024
Closed on
Mar 7, 2024
Sold by
Krieg-Rodkey Jennifer E
Bought by
R & M Development Co
Seller's Agent
Lori Morris
Indiana Integrity REALTORS
Buyer's Agent
Amanda Oakley
Trueblood Real Estate
List Price
$247,000
Sold Price
$247,000
Total Days on Market
1
Views
13
Current Estimated Value
$253,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,590
Avg. Annual Appreciation
2.26%
Original Mortgage
$185,200
Outstanding Balance
$180,209
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$73,381

Purchase Details

Closed on
Jun 23, 2021
Sold by
Ness Terry and Ness Gerry
Bought by
Krieg Rodkey Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.2%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
R & M Development Co $247,000 Metropolitan Title
Krieg Rodkey Jennifer E $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & M Development Co $185,200
Previous Owner Krieg-Rodkey Jennifer E $170,000
Previous Owner Rodkey Jennifer Krieg $105,000
Previous Owner Krieg Rodkey Jennifer E $105,000
Previous Owner Ness Janet $25,000
Previous Owner Ness Janet $53,500
Previous Owner Ness Paul $10,000
Previous Owner Ness Paul $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $247,000 0.0% $140 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $247,000 -- $140 / 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 $3,442 $170,800 $22,500 $148,300
2023 $3,442 $170,500 $22,500 $148,000
2022 $3,330 $163,900 $22,500 $141,400
2021 $3,047 $149,000 $22,500 $126,500
2020 $2,870 $140,200 $22,500 $117,700
2019 $1,778 $142,500 $29,600 $112,900
2018 $1,804 $144,300 $29,600 $114,700
2017 $1,726 $140,800 $29,600 $111,200
2016 $1,737 $143,000 $29,600 $113,400
2014 $1,642 $142,300 $29,600 $112,700
2013 $1,685 $146,200 $29,500 $116,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403211

Indiana Regional MLS

APN: 79-07-28-180-004.000-004