NOT LISTED FOR SALE

Estimated Value: $140,000 - $236,000

3 Beds
2 Baths
1,248 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $89,240 $72 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,157/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System
  • 2 Car Garage
  • Community Storage Space

About This Home

As of December 2021

GREAT investment opportunity. First level unit rented ($700), upper level unit available for new tenants (previously rented for $350). Easy cash flow and directly across from Columbian Park so the location is fabulous!!! Large 2 car garage included. First level tenants will be present for all showings. Laundry located in basement with exterior entrance.

Last Listed By

Catherine Yeoman-Stetler

Nightingale Real Estate LLC Listed on: 11/26/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1875

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 45x144
  • Level Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Outbuilding
  • Suburban Location

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 79-07-28-207-011.000-004

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,386

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1875
  • Age: 146
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Em Weavers Addn Lot 72
  • Parcel Number ID: 79-07-28-207-011.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.27
  • Monthly Gross Income: 700
  • Special Features: None

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 1248
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Sq Ft: 768
  • Price Per Sq Ft: 71.51
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 768
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 484

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x144
  • Estimated Lot Sq Ft: 6490
  • Estimated Lot Size Acres: 0.149

Rental Info

  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Hbb 1 Llc
Bought by
Stuart Christopher
Total Days on Market
4
Current Estimated Value
$183,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$123,450
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$33,773

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 8, 2021
Sold by
Eileen Chen
Bought by
Hbb 1 Llc
Seller's Agent
Catherine Yeoman-Stetler
Nightingale Real Estate LLC
Buyer's Agent
Spencer Childers
Keller Williams Lafayette
List Price
$89,900
Sold Price
$89,240
Premium/Discount to List
-$660
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
Mar 12, 2016
Sold by
Chen Jerry
Bought by
Chen Elileen

Purchase Details

Closed on
Jul 14, 2011
Sold by
Butcher Cheryl
Bought by
Chen Jerry

Purchase Details

Closed on
Jun 15, 2007
Sold by
Sellman Randolph L and Sellman Victoria L
Bought by
Butcher Helen I

Purchase Details

Closed on
Dec 23, 2002
Sold by
Wilson Carl Matthew
Bought by
Sellman Randolph L and Sellman Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
5.12%
Mortgage Type
Commercial

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
Stuart Christopher $170,000 Metropolitan Title
Hbb 1 Llc $89,240 Metropolitan Title
Chen Elileen -- --
Chen Jerry -- None Available
Butcher Helen I -- None Available
Sellman Randolph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuart Christopher $127,500
Previous Owner Hbb 1 Llc $110,000
Previous Owner Hbb 1 Llc $110,000
Previous Owner Sellman Randolph L $67,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $89,240 -0.7% $72 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $89,900 -- $72 / 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 $1,584 $124,000 $18,000 $106,000
2023 $1,584 $79,200 $18,000 $61,200
2022 $1,524 $76,200 $18,000 $58,200
2021 $1,386 $69,300 $18,000 $51,300
2020 $1,386 $69,300 $18,000 $51,300
2019 $1,386 $69,300 $15,000 $54,300
2018 $1,346 $67,300 $15,000 $52,300
2017 $1,310 $65,500 $15,000 $50,500
2016 $1,298 $64,880 $15,000 $49,880
2014 $1,228 $61,400 $15,000 $46,400
2013 $1,164 $58,200 $15,000 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202149213

Indiana Regional MLS

APN: 79-07-28-207-011.000-004