1617 Ferry St Lafayette, IN 47901
Perrin NeighborhoodEstimated Value: $130,813 - $257,000
5
Beds
4
Baths
2,578
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Eat-In Kitchen
- Carpet
- Covered patio or porch
- Forced Air Heating System
About This Home
As of August 2014WANT TO INVEST WHILE OUR MARKET IS GREAT, AND THE RENTS ARE HIGH? Here's your golden opportunity! Easy to rent, well maintained, plenty of parking, and great paying tenants! A money-maker 3 Unit, with upper & lower Main Home and Cottage Home. High visibility, and convenient location within walking distance to shopping and dining. A GREAT INVESTMENT OPPORTUNITY AT A REASONABLE PRICE, WITH CURRENT RENT ROLLS MAKING MONEY!!! Call to see this one!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1901
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 85x72x83x80
Home Design
- Triplex
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Cellar
Parking
- 4 Parking Spaces
- Private Parking
- Gravel Driveway
- Parking Lot
- Off-Street Parking
Schools
- Murdock Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for cable, electric, heating
- The owner pays for water
- Assessor Parcel Number 79-07-21-388-001.000-004
Community Details
Overview
- 3 Units
- Perrins Subdivision
Pet Policy
- Pet Restriction
Building Details
- Maintenance Expense $1,200
- Water Sewer Expense $700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2014
Closed on
Aug 14, 2014
Sold by
Vancleave Eric
Bought by
Crandall David M
Seller's Agent
Becky Johnson
RE/MAX At The Crossing
Buyer's Agent
Becky Johnson
RE/MAX At The Crossing
List Price
$99,900
Sold Price
$69,000
Premium/Discount to List
-$30,900
-30.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,604
Avg. Annual Appreciation
9.38%
Original Mortgage
$55,200
Interest Rate
4.11%
Mortgage Type
Commercial
Similar Homes in Lafayette, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crandall David M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crandall David M | $2,060,100 | |
| Closed | Crandall David M | $55,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2014 08/14/14 | Sold | $69,000 | -30.9% | $27 / Sq Ft |
| 07/22/2014 07/22/14 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | For Sale | $99,900 | -- | $39 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,678 | $159,300 | $13,000 | $146,300 |
| 2023 | $2,678 | $133,900 | $13,000 | $120,900 |
| 2022 | $2,562 | $128,100 | $13,000 | $115,100 |
| 2021 | $2,228 | $111,400 | $13,000 | $98,400 |
| 2020 | $2,228 | $111,400 | $13,000 | $98,400 |
| 2019 | $2,142 | $107,100 | $12,000 | $95,100 |
| 2018 | $2,120 | $106,000 | $12,000 | $94,000 |
| 2017 | $2,064 | $103,200 | $12,000 | $91,200 |
| 2016 | $2,044 | $102,160 | $12,000 | $90,160 |
| 2014 | $1,912 | $95,600 | $12,000 | $83,600 |
| 2013 | $1,894 | $94,700 | $12,000 | $82,700 |
Source: Public Records
Agents Affiliated with this Home
-
Becky Johnson
Seller's Agent in 2014
Becky Johnson
RE/MAX
(765) 250-7076
202 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201415909
APN: 79-07-21-388-001.000-004
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