NOT LISTED FOR SALE

Estimated Value: $221,000 - $241,000

4 Beds
3 Baths
1,981 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $175,000 $88 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,438/month

7 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 4-minute walk to Linnwood Park
  • Forced Air Heating System

About This Home

As of April 2021

Newer roof, apartments rehabbed 4 years ago

Last Listed By

Sue O'Brien

Sue O'Brien - Titan RE Listed on: 02/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1925

Lot Details

  • 5,576 Sq Ft Lot
  • Lot Dimensions are 43 x 130
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn maintenance, maintenance, tax, water
  • Assessor Parcel Number 79-07-16-377-035.000-004

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Maintenance Expense $600
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,366

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1925
  • Age: 96
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: STILLWELL & MCDOELS ADDN 17.3 FT S SIDE LOTS 1 & 2
  • Parcel Number ID: 79-07-16-377-035.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Detector-Smoke, Water Heater Electric
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 300
  • Monthly Gross Income: 1925
  • Special Features: None

Interior Features

  • Total Sq Ft: 2773
  • Total Finished Sq Ft: 1981
  • Above Grade Finished Sq Ft: 1981
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 88.34
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Vinyl Tile
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Annual Insurance Expense: 650
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43 x 130
  • Estimated Lot Sq Ft: 5576
  • Estimated Lot Size Acres: 0.128

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Tax, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1925
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 31, 2021
Sold by
Goodnews Rentals Llc
Bought by
Burton David A and Gonzalez Mireya G
Seller's Agent
Sue O'Brien
Sue O'Brien - Titan RE
Buyer's Agent
Charna Virtue
BerkshireHathaway HS IN Realty
List Price
$175,000
Sold Price
$175,000
Total Days on Market
7
Current Estimated Value
$227,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,777
Avg. Annual Appreciation
6.98%
Original Mortgage
$131,250
Outstanding Balance
$103,097
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$127,485

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 1, 2017
Sold by
Johns Michael D and Johns Mary B
Bought by
Goodnews Rentals Llc
Seller's Agent
Penny Mattingly
Rainbow Realty
Buyer's Agent
Sue O'Brien
Sue O'Brien - Titan RE
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.25%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Myers Wayne L and Myers Juanita K
Bought by
Johns Michael D and Johns Mary B

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
Burton David A $175,000 Columbia Title
Goodnews Rentals Llc -- --
Johns Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton David A $131,250
Closed Burton David A $131,250
Previous Owner Johns Michael D $36,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $175,000 0.0% $88 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $175,000 +169.2% $88 / Sq Ft
05/01/2017 05/01/17 Sold $65,000 0.0% $28 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $65,000 -- $28 / 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 $1,960 $168,600 $13,000 $155,600
2023 $1,960 $98,000 $13,000 $85,000
2022 $1,912 $95,600 $13,000 $82,600
2021 $1,970 $93,700 $13,000 $80,700
2020 $1,642 $82,100 $13,000 $69,100
2019 $1,366 $68,300 $11,000 $57,300
2018 $1,366 $68,300 $11,000 $57,300
2017 $1,330 $66,500 $11,000 $55,500
2016 $1,318 $65,890 $11,000 $54,890
2014 $1,342 $67,100 $11,000 $56,100
2013 $1,368 $68,400 $11,000 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202104161

Indiana Regional MLS

APN: 79-07-16-377-035.000-004