NOT LISTED FOR SALE

Estimated Value: $171,722 - $249,000

6 Beds
4 Baths
2,464 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $102,300 $42 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,373/month

208 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Central Air
  • Corner Lot
  • Ceiling height of 9 feet or more
  • Privacy Fence

About This Home

As of April 2017

1802 / 1804 Duplex - each side with 3 BRs, 1.5 ba, living room, dining room, and kitchen. Each side has a large, walk-up attic - perfect for extra storage - approx. 400sf. Huge open front porch and covered back porches on each. Newer roof, newer mechanical / utilities on each side. Open patio in the back and shared, fenced backyard. Great location, easy access to everything.

Last Listed By

Derrick Webb

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1910

Lot Details

  • 4,650 Sq Ft Lot
  • Lot Dimensions are 50x93
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Composite Building Materials

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Public Parking

Schools

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

Utilities

  • Central Air
  • High-Efficiency Furnace
  • 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, heating
  • The owner pays for lawn maintenance, maintenance, tax, water
  • Assessor Parcel Number 79-07-28-204-012.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $947
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,852

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 107
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: E M WEAVER ADDN EX 37 FT OFF NE ENDLOT 16 |
  • Parcel Number ID: 79-07-28-204-012.000-004
  • Platted: Yes
  • Amenities: Basement, Fireplace, Attic Storage, Attic-Walk-up, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas
  • Cross Street: Jackson
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.74
  • Monthly Gross Income: 1280
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 4160
  • Total Finished Sq Ft: 2464
  • Above Grade Finished Sq Ft: 2464
  • Above Grade Unfinished Sq Ft: 800
  • Below Grade Sq Ft: 896
  • Price Per Sq Ft: 41.52
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 896
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Composite, Dimensional Shingles, Shingle
  • Fence: Privacy, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Public

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace
  • Annual Insurance Expense: 947
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • 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: Corner
  • Lot Dimensions: 50x93
  • Estimated Lot Sq Ft: 4650
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Tax, Water
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1280
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1852

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
Apr 26, 2017
Sold by
Schrader William A
Bought by
Goodnews Rentals Llc
Seller's Agent
Derrick Webb
Merit Realty - Lafayette
Buyer's Agent
Sue O'Brien
Sue O'Brien - Titan RE
List Price
$129,900
Sold Price
$102,300
Premium/Discount to List
-$27,600
-21.25%
Total Days on Market
208
Current Estimated Value
$212,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,274
Avg. Annual Appreciation
7.44%

Range of Values:

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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
Goodnews Rentals Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $102,300 -21.2% $42 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
08/26/2016 08/26/16 For Sale $129,900 -- $53 / 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 $2,342 $182,500 $18,000 $164,500
2023 $2,342 $117,100 $18,000 $99,100
2022 $2,252 $112,600 $18,000 $94,600
2021 $2,048 $102,400 $18,000 $84,400
2020 $2,046 $102,300 $18,000 $84,300
2019 $2,046 $102,300 $15,000 $87,300
2018 $1,986 $99,300 $15,000 $84,300
2017 $1,932 $96,600 $15,000 $81,600
2016 $1,898 $94,920 $15,000 $79,920
2014 $1,794 $89,700 $15,000 $74,700
2013 $1,678 $83,900 $15,000 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201640325

Indiana Regional MLS

APN: 79-07-28-204-012.000-004