1824 Salem St Lafayette, IN 47904
Hanna NeighborhoodEstimated Value: $169,000 - $201,000
3
Beds
2
Baths
1,432
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- Covered patio or porch
- Built-in Bookshelves
- Shed
- Eat-In Kitchen
- Laundry in Utility Room
- Luxury Vinyl Tile Flooring
About This Home
As of November 2022Investment opportunity! Well cared for duplex in central location. Downstairs unit has two bedrooms, a large kitchen and washer/dryer hook ups. Large front porch. Upstairs unit has one bedroom, 1 bathroom. Both currently rented month-to-month at $525/month. Detached garage could be used for owner storage or rented out for an additional income stream. There’s also potential to convert back to single-family home for an owner occupant. Selling as-is, owner will not make any repairs. 24 hour notice for showings required.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,352
Year Built
- Built in 1908
Lot Details
- 6,752 Sq Ft Lot
- Lot Dimensions are 54x125
Home Design
- Duplex
- Brick Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Ceiling height of 9 feet or more
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer Hookup
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Parking
- 3 Parking Spaces
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Covered patio or porch
- Shed
Location
- Suburban Location
Schools
- Vinton Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable, electric, fuel
- The owner pays for water
- Assessor Parcel Number 79-07-21-258-004.000-004
Community Details
Overview
- 2 Units
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $564
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2022
Closed on
Nov 7, 2022
Sold by
Michael Richard M and Michael Gail P
Bought by
Mugford Llc
Seller's Agent
Lindsey Deno
F.C. Tucker/Shook
Buyer's Agent
Gregory Sporre
Keller Williams Lafayette
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,922
Avg. Annual Appreciation
5.35%
Similar Homes in Lafayette, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mugford Llc | $156,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $156,000 | -5.5% | $109 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 10/12/2022 10/12/22 | For Sale | $165,000 | -- | $115 / 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 | $1,442 | $128,700 | $13,000 | $115,700 |
| 2023 | $1,442 | $72,100 | $13,000 | $59,100 |
| 2022 | $1,380 | $69,000 | $13,000 | $56,000 |
| 2021 | $1,352 | $67,600 | $13,000 | $54,600 |
| 2020 | $1,352 | $67,600 | $13,000 | $54,600 |
| 2019 | $1,300 | $65,000 | $11,000 | $54,000 |
| 2018 | $1,288 | $64,400 | $11,000 | $53,400 |
| 2017 | $1,282 | $64,100 | $11,000 | $53,100 |
| 2016 | $1,268 | $63,440 | $11,000 | $52,440 |
| 2014 | $1,266 | $63,300 | $11,000 | $52,300 |
| 2013 | $1,212 | $60,600 | $11,000 | $49,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Deno
Seller's Agent in 2022
Lindsey Deno
F.C. Tucker/Shook
(765) 413-7881
1 in this area
93 Total Sales
-
Gregory Sporre
G
Buyer's Agent in 2022
Gregory Sporre
Keller Williams Lafayette
(765) 413-0497
1 in this area
51 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202242486
APN: 79-07-21-258-004.000-004
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