NOT LISTED FOR SALE

1730 Pierce St Lafayette, IN 47904

Hanna Neighborhood

Estimated Value: $212,000 - $244,000

4 Beds
3 Baths
2,996 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $93,500 $31 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,334/month

12 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Eat-In Kitchen
  • Corner Lot
  • Enclosed Patio or Porch
  • 5-minute walk to Linnwood Park

About This Home

As of April 2016

CHARMING TRIPLEX! Currently set up as an investment property with 3 separate units. Live in 1 unit and rent out the other 2. Minutes from downtown Lafayette & walking distance to Market Square. Features include hardwood flooring, built-ins, French doors, shared courtyard, basement, storage and more! Well maintained & easy to rent. GREAT INVESTMENT OPPORTUNITY & PRICED TO SELL!! *Gross Monthly & Annual rent reflects only 2 units rented. The upstairs unit 1728 Pierce was previously rented for an additional $380 per month/ $4,560 per year.

Last Agent to Sell the Property

Christy Carr

Commercial Brokers Listed on: 02/16/2016

Last Buyer's Agent

Brent Parks

BW Parks Property Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1925

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 58x118
  • Fenced Yard
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Poured Concrete
  • Asphalt Roof
  • Metal Roof
  • Pier Jacks
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, deposit value, electric, fuel, heating
  • The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, snow removal, sewer, tax, water
  • Assessor Parcel Number 79-07-21-137-008.000-004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $900
  • Insurance Expense $1,584
  • Maintenance Expense $1,500
  • Water Sewer Expense $601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,178

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1925
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ROSS TO LINWOOD LOT 28 |
  • Parcel Number ID: 79-07-21-137-008.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Storage, Breakfast Bar, Cable Available, Cable Ready, Ceiling-9+, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Patio Open, Porch Enclosed, Twin Sink Vanity, Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 5124
  • Total Finished Sq Ft: 2996
  • Above Grade Finished Sq Ft: 2996
  • Below Grade Sq Ft: 2128
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Brick, Piers, Poured Concrete
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 2128
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt, Metal
  • Fence: Full, Privacy
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Gravel, Off Street, Street

Utilities

  • Cooling: Central Air, Multiple Cooling Units, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Annual Electric: 1200
  • Annual Fuel Expense: 900
  • Annual Insurance Expense: 1583.88
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 600.76
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 58x118
  • Estimated Lot Sq Ft: 6839
  • Estimated Lot Size Acres: 0.157

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Water
  • Tenant Pays: Cooling, Deposit Value, Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 2178

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 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
Feb 16, 2016
Closed on
Apr 13, 2016
Sold by
Murr Michael A and Burroff-Murr Pamela G
Bought by
Cooperfiled Llc
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Brent Parks
BW Parks Property Mgmt
List Price
$117,000
Sold Price
$93,500
Premium/Discount to List
-$23,500
-20.09%
Current Estimated Value
$232,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,170
Avg. Annual Appreciation
10.02%
Original Mortgage
$74,800
Outstanding Balance
$59,346
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$173,324
Source: Public Records

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
Cooperfiled Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooperfiled Llc $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $93,500 -20.1% $31 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $117,000 -- $39 / 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 $1,408 $70,400 $13,000 $57,400
2023 $2,410 $120,500 $13,000 $107,500
2022 $2,352 $117,600 $13,000 $104,600
2021 $2,306 $115,300 $13,000 $102,300
2020 $2,306 $115,300 $13,000 $102,300
2019 $2,306 $115,300 $12,000 $103,300
2018 $2,306 $115,300 $12,000 $103,300
2017 $2,244 $112,200 $12,000 $100,200
2016 $2,222 $111,080 $12,000 $99,080
2014 $2,102 $105,100 $12,000 $93,100
2013 $1,962 $98,100 $12,000 $86,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christy Carr

    Commercial Brokers

  • B

    Buyer's Agent in 2016

    Brent Parks

    BW Parks Property Mgmt

    (765) 423-2231

    17 Total Sales

    Brent Parks
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Map

Source: Indiana Regional MLS

MLS Number: 201606055

Indiana Regional MLS

APN: 79-07-21-137-008.000-004

Indiana Tippecanoe County Lafayette 47904 Hanna

1730 Pierce St, Lafayette, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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