$359,900

Estimated payment $2,154/month

4 Beds
4 Baths
2,832 Sq Ft
$127 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • Shed
  • Multiple cooling system units
  • Covered Deck
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System

About This Home

Excellent investment opportunity. Rents total $3600 per month. Located in quiet area. Two spacious units, both with two bedrooms and two baths. Upstairs unit includes an additional loft space. Both units contain washer and dryer in unit. Updates in past two years include new flooring in the upstairs unit, new dishwasher and new refrigerator in upstairs unit. Spacious detached two car garage can be used by tenants, by owner, or rented out for storage. First floor leased through Jan 15, 2026 and and second floor through Aug 1, 2026.

Listing Agent

Lynn Beckham

Keller Williams Lafayette Brokerage Phone: 765-242-9882 Listed on: 09/16/2025

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1925

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 800 x 188
  • Level Lot

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Deck
  • Shed

Location

  • Suburban Location

Schools

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

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for electric, fuel, water
  • Assessor Parcel Number 79-07-16-351-040.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $3,019
  • Fuel Expense $634
  • Insurance Expense $1,700
  • Water Sewer Expense $1,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 100
  • Style: Two Story
  • Architectural Style: Converted House
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: CO COMM PT LOT 29 &BURROUGHS SD LOT 30
  • Parcel Number ID: 79-07-16-351-040.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Deck Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Monthly Gross Income: 3600
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3170
  • Total Finished Sq Ft: 2832
  • Above Grade Finished Sq Ft: 2832
  • Below Grade Sq Ft: 338
  • Price Per Sq Ft: 127.08
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Main Level Sq Ft: 1556
  • Total Below Grade Sq Ft: 338
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 400

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Gravel

Utilities

  • Cooling: Window, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air
  • Sewer: City, Public
  • Water Utilities: City
  • Annual Electric: 3019
  • Annual Fuel Expense: 634
  • Annual Insurance Expense: 1700
  • Annual Water Sewer Expense: 1198
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 800 x 188
  • Estimated Lot Sq Ft: 15040
  • Estimated Lot Size Acres: 0.345

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Water
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 3600
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3040

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,040 $152,000 $19,500 $132,500
2023 $2,570 $128,500 $19,500 $109,000
2022 $1,538 $125,400 $19,500 $105,900
2021 $1,511 $122,900 $19,500 $103,400
2020 $1,233 $102,400 $19,500 $82,900
2019 $1,301 $102,400 $24,000 $78,400
2018 $1,302 $102,400 $24,000 $78,400
2017 $1,296 $102,400 $24,000 $78,400
2016 $1,281 $101,388 $24,000 $77,388
2014 $1,291 $102,900 $24,000 $78,900
2013 $1,309 $104,600 $24,000 $80,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2025 09/18/25 Price Changed $359,900 +2.9% $127 / Sq Ft
09/16/2025 09/16/25 For Sale $349,900 +55.5% $124 / Sq Ft
01/16/2024 01/16/24 Sold $225,000 -10.0% $79 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $250,000 +11.1% $88 / Sq Ft
11/20/2023 11/20/23 Off Market $225,000 -- --
10/17/2023 10/17/23 For Sale $250,000 -- $88 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Interfamily Deed Transfer -- Integrity Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 Credit Line Revolving
Previous Owner $116,600 Commercial
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202537867

Indiana Regional MLS

APN: 79-07-16-351-040.000-004