NOT LISTED FOR SALE

1627 N 12th St Lafayette, IN 47904

Monon Neighborhood

Estimated Value: $173,000 - $189,065

4 Beds
2 Baths
1,730 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $62,500 $36 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,171/month

31 Days on Market

About This Home

As of May 2018

Newer windows, siding, roof. All major expense items have been recently improved. Could be a great cash flowing investment with lots of value add. Live in one side have tenant pay for mortgage. This investment property qualifies for 100% financing no money down no closing cost.

Last Agent to Sell the Property

Eliseo Medrano

FRG Lafayette LLC Listed on: 03/26/2018

Last Buyer's Agent

Chris Bradford

Bradford Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 39 x 19
  • Irregular Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Basement Cellar

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, water
  • Assessor Parcel Number 79-07-16-352-037.000-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M L PIERCE TRST ADDN LOT 19 |
  • Parcel Number ID: 79-07-16-352-037.000-004
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 3130
  • Total Finished Sq Ft: 1730
  • Above Grade Finished Sq Ft: 1730
  • Above Grade Unfinished Sq Ft: 700
  • Below Grade Sq Ft: 700
  • Basement: Yes
  • Basement Foundation: Cellar
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 700
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 39 x 19
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Owner Pays: Building Insurance, Water
  • Tenant Pays: Cable, Electric, Heating

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 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
Mar 26, 2018
Closed on
May 4, 2018
Sold by
Copas Amy
Bought by
Liu Chaofeng
Seller's Agent
Eliseo Medrano
FRG Lafayette LLC
Buyer's Agent
Chris Bradford
Bradford Real Estate
List Price
$79,900
Sold Price
$62,500
Premium/Discount to List
-$17,400
-21.78%
Current Estimated Value
$182,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,522
Avg. Annual Appreciation
15.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Chaofeng -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $62,500 -21.8% $36 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $79,900 -- $46 / 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 $2,565 $128,200 $13,000 $115,200
2023 $2,394 $119,600 $13,000 $106,600
2022 $2,029 $101,300 $13,000 $88,300
2021 $1,673 $83,500 $13,000 $70,500
2020 $1,471 $73,400 $13,000 $60,400
2019 $1,490 $74,300 $11,000 $63,300
2018 $0 $70,400 $11,000 $59,400
2017 $0 $69,900 $11,000 $58,900
2016 $0 $66,600 $11,000 $55,600
2014 -- $65,500 $11,000 $54,500
2013 -- $62,300 $11,000 $51,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eliseo Medrano

    FRG Lafayette LLC

    Section Image
  • Chris Bradford

    Buyer's Agent in 2018

    Chris Bradford

    Bradford Real Estate

    (765) 714-2550

    1 in this area

    124 Total Sales

    Chris Bradford
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201812195

Indiana Regional MLS

APN: 79-07-16-352-037.000-004

Indiana Tippecanoe County Lafayette 47904 Monon

1627 N 12th St, Lafayette, IN

Not Listed for Sale

MultiFamily

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