NOT LISTED FOR SALE

1617 Columbia St Lafayette, IN 47901

Perrin Neighborhood

Estimated Value: $201,000 - $214,000

6 Beds
6 Baths
3,752 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $185,000 $49 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,469/month

2 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Covered patio or porch
  • Vaulted Ceiling
  • Backs to Open Ground
  • 2 Car Attached Garage

About This Home

As of April 2022

Excellent investment opportunity near downtown and 5 Points redevelopment area. This duplex has been well maintained and offers a lot of square-footage per unit. Both units are currently rented, with long term tenants. Attached 2 car garage along with additional parking spaces. Please send pre-qualification letter before scheduling showing.

Last Listed By

Gilbert Sorola

Sorola Property Mgmt. Inc. Listed on: 01/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,030

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 86x105x89x88
  • Backs to Open Ground
  • Sloped Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, sewer
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 79-07-21-389-006.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $9,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,030

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: PERRINS ADDN LOT 11 & LOT 10
  • Parcel Number ID: 79-07-21-389-006.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Ceilings-Vaulted, Countertops-Laminate, Deck Open, Detector-Smoke, Kitchen Island, Open Floor Plan, Patio Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 105.71
  • Monthly Gross Income: 2294
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 4424
  • Total Finished Sq Ft: 3752
  • Above Grade Finished Sq Ft: 3752
  • Below Grade Sq Ft: 672
  • Price Per Sq Ft: 49.31
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 672
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Rubber
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Cable Company: Comcast
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 9209.79
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 86x105x89x88
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Sewer

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 3030

Multi Family

  • Gross Monthly Rent: 1925
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • 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
Jan 27, 2022
Closed on
Apr 19, 2022
Sold by
Pizzolanti Michael J
Bought by
Burton David A and Gonzalez Mireya Garcia
Seller's Agent
Gilbert Sorola
Sorola Property Mgmt. Inc.
Buyer's Agent
Charna Virtue
BerkshireHathaway HS IN Realty
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Total Days on Market
2
Current Estimated Value
$205,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,819
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Apr 19, 2010
Sold by
Wilhelm Jack L
Bought by
Pizzolanti Michael J

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
Burton David A $185,000 Metropolitan Title
Pizzolanti Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pizzolanti Michael J $14,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $185,000 +5.7% $49 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $175,000 -- $47 / 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 $3,932 $115,400 -- $115,400
2023 $3,932 $196,600 $0 $196,600
2022 $3,752 $187,600 $0 $187,600
2021 $3,586 $179,300 $0 $179,300
2020 $3,030 $151,500 $0 $151,500
2019 $2,914 $145,700 $24,000 $121,700
2018 $2,914 $145,700 $24,000 $121,700
2017 $2,836 $141,800 $24,000 $117,800
2016 $2,808 $140,350 $24,000 $116,350
2014 $2,712 $135,600 $24,000 $111,600
2013 $2,247 $135,600 $24,000 $111,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gilbert Sorola

    Sorola Property Mgmt. Inc.

    (765) 543-6678

    1 in this area

    9 Total Sales

    Gilbert Sorola
    Section Image
  • Charna Virtue

    Buyer's Agent in 2022

    Charna Virtue

    BerkshireHathaway HS IN Realty

    (765) 449-8844

    1 in this area

    165 Total Sales

    Charna Virtue
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202202828

Indiana Regional MLS

APN: 79-07-21-389-006.000-004

Indiana Tippecanoe County Lafayette 47901 Perrin

1617 Columbia St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 1617 Columbia St, Lafayette, IN 47901 since 27 January 2022 and is currently estimated at $205,819, approximately $54 per square foot. This property was built in 1890. 1617 Columbia St is a home located in Tippecanoe County with nearby schools including Murdock 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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