NOT LISTED FOR SALE

1617 Perdue St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $235,000 - $236,000

4 Beds
4 Baths
2,072 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $134,000 $65 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,394/month

6 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2019

Fully occupied four-plex with a lot of potential. Must have at least 24 hour notice before showing.

Last Agent to Sell the Property

Cole Kesling

Sue O'Brien - Titan RE Listed on: 09/25/2019

Last Buyer's Agent

Judy Roark

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1930

Lot Details

  • 8,100 Sq Ft Lot
  • Lot Dimensions are 50 x 162
  • Level Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, snow removal, tax, trash collection
  • Assessor Parcel Number 79-07-28-183-003.000-004

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,200
  • Fuel Expense $1,600
  • Insurance Expense $1,400
  • Maintenance Expense $1,500
  • Trash Expense $150
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 89
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: W K ROCHESTERS S E ADDN LOT 16
  • Parcel Number ID: 79-07-28-183-003.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Sp Lp Percent: 92.41
  • Annual Miscellaneous: 900
  • Monthly Gross Income: 2435
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2922
  • Total Finished Sq Ft: 2072
  • Above Grade Finished Sq Ft: 2072
  • Below Grade Sq Ft: 850
  • Price Per Sq Ft: 64.67
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 850
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2200
  • Annual Fuel Expense: 1600
  • Annual Insurance Expense: 1400
  • Annual Maintenance Expense: 1500
  • Annual Trash Expense: 150
  • Annual Water Sewer Expense: 600

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 X 162
  • Estimated Lot Sq Ft: 8100
  • Estimated Lot Size Acres: 0.19
  • Lot Number: 16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Cable

Tax Info

  • Total Assessed Value: 76400
  • Annual Property Tax: 1528

Multi Family

  • Gross Monthly Rent: 2435
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
High Alpine Properties Llc
Bought by
Accurate Property Management Llc
Current Estimated Value
$235,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,887
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$92,113

Purchase Details

Listed on
Sep 25, 2019
Closed on
Nov 21, 2019
Sold by
Pilotinvestments Llc
Bought by
High Alpine Properties Llc
Seller's Agent
Cole Kesling
Sue O'Brien - Titan RE
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$145,000
Sold Price
$134,000
Premium/Discount to List
-$11,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Jul 15, 2016
Sold by
Glr Fund Llc
Bought by
Pilotinvestment Llc

Purchase Details

Closed on
Jun 3, 2016
Sold by
Fletcher Michael L and Fletcher E
Bought by
Glr Fund Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Accurate Property Management Llc -- None Listed On Document
Accurate Property Management Llc $120,000 None Listed On Document
High Alpine Properties Llc -- None Available
Pilotinvestment Llc -- --
Glr Fund Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Accurate Property Management Llc $150,000
Closed Accurate Property Management Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $134,000 -7.6% $65 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $145,000 -- $70 / 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 $1,126 $56,300 $18,000 $38,300
2023 $1,872 $93,600 $18,000 $75,600
2022 $1,800 $90,000 $18,000 $72,000
2021 $1,964 $81,800 $18,000 $63,800
2020 $1,636 $81,800 $18,000 $63,800
2019 $1,574 $78,700 $15,000 $63,700
2018 $1,528 $76,400 $15,000 $61,400
2017 $1,488 $74,400 $15,000 $59,400
2016 $1,462 $73,080 $15,000 $58,080
2014 $1,384 $69,200 $15,000 $54,200
2013 $1,300 $65,000 $15,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Cole Kesling

    Seller's Agent in 2019

    Cole Kesling

    Sue O'Brien - Titan RE

    (765) 414-4208

    27 Total Sales

    Cole Kesling
    Section Image

  • J

    Buyer's Agent in 2019

    Judy Roark

    BerkshireHathaway HS IN Realty

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201942214

Indiana Regional MLS

APN: 79-07-28-183-003.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

1617 Perdue St, Lafayette, IN

This home is located at 1617 Perdue St, Lafayette, IN 47905 since 25 September 2019 and is currently estimated at $235,500, approximately $113 per square foot. This property was built in 1930. 1617 Perdue St is a home located in Tippecanoe County with nearby schools including Thomas Miller 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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