NOT LISTED FOR SALE

Estimated Value: $101,000 - $198,000

3 Beds
1 Bath
1,786 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $90,000 $50 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,111/month

12 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Carpet
  • Corner Lot
  • Forced Air Heating System

About This Home

As of December 2023

"Incredible Investment Opportunity! This charming 3-bedroom, 1-bathroom home with a detached 2-car garage is a savvy investor's dream. Currently generating $1,000 per month in rental income, this property promises a steady return on your investment. While the house needs some TLC, it's situated in a prime location that more than makes up for it. You're just a stone's throw away from the vibrant downtown scene, where you can explore local restaurants, shops, and entertainment. 24 hour notice needed for showings.

Last Agent to Sell the Property

Calvin Dykhuizen

Trueblood Real Estate Brokerage Phone: 765-426-3928 Listed on: 10/30/2023

Trueblood Real Estate

Last Buyer's Agent

Calvin Dykhuizen

Trueblood Real Estate Brokerage Phone: 765-426-3928 Listed on: 10/30/2023

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1908

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 79-07-21-258-001.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1908
  • Age: 115
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ECHO ADDN LOT 43
  • Parcel Number ID: 79-07-21-258-001.000-004
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.71
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2197
  • Total Finished Sq Ft: 1786
  • Above Grade Finished Sq Ft: 1786
  • Below Grade Sq Ft: 411
  • Price Per Sq Ft: 50.39
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Brick
  • Flooring: Carpet
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 411

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 15x12
  • Garage Sq Ft: 180
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6273
  • Estimated Lot Size Acres: 0.144

Tax Info

  • Annual Taxes: 1700.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 12, 2023
Sold by
Harry A Cole Revocable Living Trust
Bought by
1840 Salem Street Llc
Seller's Agent
Calvin Dykhuizen
Trueblood Real Estate
Buyer's Agent
Calvin Dykhuizen
Trueblood Real Estate
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Views
81
Current Estimated Value
$165,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,494
Avg. Annual Appreciation
39.48%

Purchase Details

Closed on
Aug 10, 2015
Sold by
Cole Harry A
Bought by
Cole Trust

Purchase Details

Closed on
Nov 27, 2012
Sold by
Valley Equity Group Llc
Bought by
Centier Bank

Purchase Details

Closed on
Nov 8, 2007
Sold by
Valentine Billie and Valentine Barbara
Bought by
U S Bank National Association and Structurel Asset Investment Loan Trust

Purchase Details

Closed on
Jul 22, 2005
Sold by
Williams Steven A
Bought by
Valentine Billie and Valentine Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 14, 2004
Sold by
Williams Jerry A
Bought by
Williams Jerry A

Purchase Details

Closed on
Apr 22, 2000
Sold by
Leaman Charles E and Leaman Daniel G
Bought by
Williams Jerry A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1840 Salem Street Llc $90,000 Metropolitan Title
Cole Trust -- --
Centier Bank $42,500 None Available
U S Bank National Association $75,500 None Available
Valentine Billie -- --
Williams Jerry A -- --
Williams Jerry A -- --
Williams Jerry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Harry A $826,100
Previous Owner Valentine Billie $8,400
Previous Owner Valentine Billie $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $90,000 -14.3% $50 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $105,000 -- $59 / 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 $2,361 $118,000 $13,000 $105,000
2023 $1,869 $93,400 $13,000 $80,400
2022 $1,700 $84,900 $13,000 $71,900
2021 $1,667 $83,200 $13,000 $70,200
2020 $1,665 $83,100 $13,000 $70,100
2019 $1,601 $79,900 $11,000 $68,900
2018 $1,585 $79,100 $11,000 $68,100
2017 $1,577 $78,700 $11,000 $67,700
2016 $1,562 $77,950 $11,000 $66,950
2014 $1,567 $78,200 $11,000 $67,200
2013 $1,499 $74,800 $11,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340060

Indiana Regional MLS

APN: 79-07-21-258-001.000-004