P
Seller's Agent in 2015
Pamela Whitehead
RE/MAX
1720 Salem St Lafayette, IN 47904
Hanna NeighborhoodEstimated Value: $2,335,335
36
Beds
30
Baths
19,278
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- Corner Lot
- Baseboard Heating
- 5-minute walk to Erie Street Sharing Garden
- Ceiling Fan
About This Home
As of April 2015This property has 30 units. 6-2BR and 24-1BR, all with 1 bath. Property is located on the corner of 18th St and Salem St. Close to Market Square shopping and just minutes from Purdue University. In the past several years a new roof was put on both buildings A and B. Property has been 100% occupied the last 4-5 years. Rent increases over last year due to Section 42 housing falling off. There are no longer any rent restrictions. The balconies and stairways were all reinforced and updated in 2010. Utility decrease from 2013-2014 is due to some renters taking over utilities.
Last Agent to Sell the Property
Pamela Whitehead
RE/MAX At The Crossing Listed on: 09/29/2014
Last Buyer's Agent
Mickey Weedon
BerkshireHathaway HS IN Realty
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $8,694
Year Built
- Built in 1994
Lot Details
- 0.53 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 19,278 Sq Ft Home
- 3-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 36 Bedrooms
- 30 Full Bathrooms
Parking
- 30 Parking Spaces
- Paved Parking
- Parking Lot
Location
- Suburban Location
Schools
- Vinton Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Tenant pays for cable, cooling, fuel
- The owner pays for building insurance, electric, fuel, heating, lawn maintenance, maintenance, snow removal, tax, trash collection, water
- Assessor Parcel Number 79-07-21-186-001.000-004
Community Details
Overview
- 3 Buildings
- 30 Units
Building Details
- Insurance Expense $7,044
- Maintenance Expense $12,000
- Trash Expense $1,980
- Water Sewer Expense $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2025
Sold by
Harry A Cole Revocable Living Trust and Chosnek Sara E
Bought by
Cwd Rentals Llc
Current Estimated Value
Purchase Details
Closed on
Aug 10, 2015
Sold by
Cole Harry A
Bought by
Cole Trust
Purchase Details
Listed on
Sep 29, 2014
Closed on
Apr 30, 2015
Sold by
Wada & Wesson Lp
Bought by
Cole Harry A
Seller's Agent
Pamela Whitehead
RE/MAX At The Crossing
Buyer's Agent
Mickey Weedon
BerkshireHathaway HS IN Realty
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cwd Rentals Llc | -- | None Listed On Document | |
| Cole Trust | -- | -- | |
| Cole Harry A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wade & Wesson L P | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2015 04/30/15 | Sold | $950,000 | -24.0% | $49 / Sq Ft |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- |
| 09/29/2014 09/29/14 | For Sale | $1,250,000 | -- | $65 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | -- | -- | -- | -- |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2015
Mickey Weedon
BerkshireHathaway HS IN Realty
Map
Source: Indiana Regional MLS
MLS Number: 201442982
APN: 79-07-21-186-003.000-004
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