NOT LISTED FOR SALE

1621 Perdue St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $194,000 - $264,636

5 Beds
2 Baths
1,700 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $248,000 $146 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,473/month

5 Days on Market

Highlights

  • Covered patio or porch
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Own a piece of Lafayette history, this home was originally used as a fire station. This duplex has been recently renovated with new roof (2018), windows, hardwood floors, service panel, furnace, water heater and kitchen appliances. The main floor unit offers two bedrooms, one bathroom and a large living room. The upstairs unit offers three bedrooms, one bathroom and eat in kitchen. Both units have tenants and leases are up 7/31/2024.

Last Listed By

Amy Kelly

Raeco Realty Brokerage Phone: 317-496-7232 Listed on: 09/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1920

Lot Details

  • 8,102 Sq Ft Lot
  • Lot Dimensions are 50x162
  • Fenced Yard

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric, heating, trash collection
  • The owner pays for water
  • Assessor Parcel Number 79-07-28-183-002.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Age: 103
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ROCHESTERS S E LOT 15
  • Parcel Number ID: 79-07-28-183-002.000-004
  • Platted: Yes
  • Amenities: Fenced Yard, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 99.24
  • Monthly Gross Income: 2349
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2550
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Below Grade Sq Ft: 850
  • Price Per Sq Ft: 145.88
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 850
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x162
  • Estimated Lot Sq Ft: 8102
  • Estimated Lot Size Acres: 0.186

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable, Electric, Heating, Trash Collection

Multi Family

  • Gross Monthly Rent: 2349
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1781.14

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 24, 2023
Sold by
Pancake Neil & Aijing
Bought by
Overman Matthew D and Overman Jared M
Seller's Agent
Amy Kelly
Raeco Realty
Buyer's Agent
Kimi Speer
Indiana Legacy Co., LLC
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Total Days on Market
5
Views
20
Current Estimated Value
$237,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,121
Avg. Annual Appreciation
-1.84%
Original Mortgage
$198,400
Outstanding Balance
$195,945
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$44,982

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 13, 2022
Sold by
Better Neighbors Llc
Bought by
Pancake Neil and Feng Alijing
Seller's Agent
Travis Meyer
Keller Williams Lafayette
Buyer's Agent
Amy Kelly
Raeco Realty
List Price
$117,000
Sold Price
$110,000
Premium/Discount to List
-$7,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.12%

Purchase Details

Closed on
May 21, 2021
Sold by
Wood Michael A and Wood Kelly S
Bought by
Better Neighbors Llc

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
Overman Matthew D -- Columbia Title
Pancake Neil -- Metropolitan Title
Better Neighbors Llc $61,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overman Matthew D $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $248,000 -0.8% $146 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $249,900 +127.2% $147 / Sq Ft
04/13/2022 04/13/22 Sold $110,000 -6.0% $65 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $117,000 -- $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 $1,781 $142,200 $22,500 $119,700
2023 $1,781 $89,000 $22,500 $66,500
2022 $1,781 $89,000 $22,500 $66,500
2021 $1,619 $80,900 $22,500 $58,400
2020 $1,619 $80,900 $22,500 $58,400
2019 $1,619 $80,900 $15,000 $65,900
2018 $1,571 $78,500 $15,000 $63,500
2017 $1,530 $76,400 $15,000 $61,400
2016 $1,516 $75,650 $15,000 $60,650
2014 $1,434 $71,600 $15,000 $56,600
2013 $1,346 $67,200 $15,000 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Amy Kelly

    Seller's Agent in 2023

    Amy Kelly

    Raeco Realty

    (317) 496-7232

    2 in this area

    60 Total Sales

    Amy Kelly
    Section Image
  • Kimi Speer

    Buyer's Agent in 2023

    Kimi Speer

    Indiana Legacy Co., LLC

    (765) 230-2952

    1 in this area

    77 Total Sales

    Kimi Speer
    Section Image

  • T

    Seller's Agent in 2022

    Travis Meyer

    Keller Williams Lafayette

    1 in this area

    50 Total Sales

    Travis Meyer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202334089

Indiana Regional MLS

APN: 79-07-28-183-002.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

1621 Perdue St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 1621 Perdue St, Lafayette, IN 47905 since 19 September 2023 and is currently estimated at $237,879, approximately $139 per square foot. This property was built in 1920. 1621 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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