$145,000
SOLD AUG 31, 2022
5 Beds
2 Baths
2,084 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

About This Home

As of January 2023

This home is located at 1625 Perdue St, Lafayette, IN 47905 and is currently priced at $145,000, approximately $69 per square foot. This property was built in 1930. 1625 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.

Last Agent to Sell the Property

LAF NonMember

NonMember LAF Listed on: 08/31/2022

Last Buyer's Agent

Ryan Griswold

Elite Property Mgmt and Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 64 x 157 x 64 x 159

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-07-28-183-001.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W K Rochesters Se 14 Ft W Sidelot 13 & W K Rochester Se Addnlot 14
  • Parcel Number ID: 79-07-28-183-001.000-004
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 100
  • Monthly Gross Income: 95
  • Year Taxes Payable: 2021 Pay 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2728
  • Total Finished Sq Ft: 2084
  • Above Grade Finished Sq Ft: 2084
  • Below Grade Sq Ft: 644
  • Price Per Sq Ft: 69.58
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 644
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

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

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 64 x 157 x 64 x 159
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 950
  • 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: 1684

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 20, 2023
Sold by
Midwest Paradise Properties Ii Llc
Bought by
Salazar Victor
Seller's Agent
Ryan Griswold
Elite Property Mgmt and Realty
Buyer's Agent
Ryan Griswold
Elite Property Mgmt and Realty
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Views
27
Current Estimated Value
$235,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,655
Avg. Annual Appreciation
4.70%
Original Mortgage
$157,500
Outstanding Balance
$153,411
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$82,012

Purchase Details

Listed on
Aug 31, 2022
Closed on
Aug 25, 2022
Sold by
Stoll Patrick J
Bought by
Midwest Paradise Properties Ii Llc
Seller's Agent
LAF NonMember
NonMember LAF
Buyer's Agent
Ryan Griswold
Elite Property Mgmt and Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.49%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Hartwich Walter and Richardson Hartwich A Jill
Bought by
Stoll Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
6.69%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Metropolitan Title
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $64,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $210,000 -12.5% $101 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $239,900 +65.4% $115 / Sq Ft
08/31/2022 08/31/22 Sold $145,000 0.0% $70 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/31/2022 08/31/22 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 $2,812 $140,600 $22,500 $118,100
2023 $1,926 $96,300 $22,500 $73,800
2022 $1,852 $92,600 $22,500 $70,100
2021 $1,684 $84,200 $22,500 $61,700
2020 $1,624 $81,200 $22,500 $58,700
2019 $1,624 $81,200 $15,000 $66,200
2018 $1,576 $78,800 $15,000 $63,800
2017 $1,576 $78,800 $15,000 $63,800
2016 $1,560 $78,000 $15,000 $63,000
2014 $1,478 $73,900 $15,000 $58,900
2013 $1,386 $69,300 $15,000 $54,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202236370

Indiana Regional MLS

APN: 79-07-28-183-001.000-004