NOT LISTED FOR SALE

Estimated Value: $179,472 - $230,000

1 Bed
1 Bath
900 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $46,000 $51 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $1,265/month

35 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Level Lot
  • Covered patio or porch
  • Central Air

About This Home

As of October 2016

Tons of potential - entire 2nd (half) story could be completely finished off. Currently this 1 unit property is a 900 sf 1BR, 1 full bath, Living room, dining room and huge walk-up attic storage. Mudroom/pantry off kitchen provides extra storage. Be sure to look up 1804 Main St. duplex for sale also - it backs up to this property. Physical address/location of this home is 1711 JACKSON St., but it has a Main St. legal address.

Last Listed By

Derrick Webb

Merit Realty - Lafayette Listed on: 08/26/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 1,850 Sq Ft Lot
  • Lot Dimensions are 37x50
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Attic

  • Storage In Attic
  • Walkup Attic

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 79-07-28-204-013.000-004

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $497

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1915
  • Age: 101
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E M WEAVERS ADDN 37 FT OFF N END LOT 16 |
  • Parcel Number ID: 79-07-28-204-013.000-004
  • Platted: Yes
  • Amenities: Basement, Attic Storage, Attic-Walk-up, Cable Available, Cable Ready, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Cross Street: Jackson St.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.18
  • Monthly Gross Income: 540
  • Year Taxes Payable: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Above Grade Unfinished Sq Ft: 450
  • Below Grade Sq Ft: 450
  • Price Per Sq Ft: 51.11
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Wood
  • Total Below Grade Sq Ft: 450
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Composite, Dimensional Shingles, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 497
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 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: Level, 0-2.9999
  • Lot Dimensions: 37x50
  • Estimated Lot Sq Ft: 1850
  • Estimated Lot Size Acres: 0.04
  • Lot Number: 16

Rental Info

  • Lease Term: 2 Years
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 67000
  • Annual Property Tax: 1296

Multi Family

  • Gross Monthly Rent: 540
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of1 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Oct 7, 2016
Sold by
Schrader William A
Bought by
Newlin Jason and Newlin Emily
Seller's Agent
Derrick Webb
Merit Realty - Lafayette
Buyer's Agent
C. Andrew Walgamuth
Keller Williams Commercial
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%
Total Days on Market
35
Current Estimated Value
$197,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,118
Avg. Annual Appreciation
18.39%

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
Newlin Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newlin Jason $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $46,000 -7.8% $51 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $49,900 -- $55 / 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 $2,058 $96,700 $9,000 $87,700
2023 $2,058 $102,900 $9,000 $93,900
2022 $1,870 $93,500 $9,000 $84,500
2021 $1,748 $87,400 $9,000 $78,400
2020 $1,344 $67,200 $9,000 $58,200
2019 $1,344 $67,200 $15,000 $52,200
2018 $1,344 $67,200 $15,000 $52,200
2017 $1,344 $67,200 $15,000 $52,200
2016 $1,330 $66,500 $15,000 $51,500
2014 $1,340 $67,000 $15,000 $52,000
2013 $1,360 $68,000 $15,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201640428

Indiana Regional MLS

APN: 79-07-28-204-013.000-004