NOT LISTED FOR SALE

Estimated Value: $117,705 - $313,000

4 Beds
3 Baths
2,232 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $72,000 $32 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,468/month

289 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2019

Centrally located investment property.

Last Listed By

Shannon O'Malley

F.C. Tucker/Shook Listed on: 05/01/2018

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Level Lot

Home Design

  • Triplex
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for water
  • Assessor Parcel Number 79-07-28-453-021.000-004

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,721
  • Water Sewer Expense $800

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 99
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Ellsworth O L Lot 21 & 22 & Baumonts SD Lot 5 & Lot 6 Ex 40' E Side |
  • Parcel Number ID: 79-07-28-453-021.000-004
  • Platted: Yes
  • Amenities: Cable Available
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1140
  • Special Features: None

Interior Features

  • Total Sq Ft: 3156
  • Total Finished Sq Ft: 2232
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Sq Ft: 924
  • Price Per Sq Ft: 32.26
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Total Below Grade Sq Ft: 924
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Lot

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1721.1
  • Annual Water Sewer Expense: 800
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x100
  • Estimated Lot Sq Ft: 7013
  • Estimated Lot Size Acres: 0.161

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Heating

Multi Family

  • Gross Monthly Rent: 1140
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Keenan Driver
Bought by
Hcm Properties Llc
Total Days on Market
289
Current Estimated Value
$235,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$865,264
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$630,836

Purchase Details

Listed on
May 1, 2018
Closed on
Mar 6, 2019
Sold by
Jones Trust
Bought by
Driver Keenan and Akers Cody
Seller's Agent
Shannon O'Malley
F.C. Tucker/Shook
Buyer's Agent
Cody Akers
Rainbow Realty
List Price
$100,000
Sold Price
$72,000
Premium/Discount to List
-$28,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.35%
Original Mortgage
$54,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2014
Sold by
Jones Wiley A
Bought by
Jones Trust

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
Hcm Properties Llc -- Spigle John E
Driver Keenan -- None Available
Jones Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hcm Properties Llc $940,000
Previous Owner Driver Keenan $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $72,000 0.0% $32 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $72,000 -28.0% $32 / Sq Ft
11/01/2018 11/01/18 For Sale $100,000 +38.9% $45 / Sq Ft
11/01/2018 11/01/18 Off Market $72,000 -- --
07/02/2018 07/02/18 For Sale $100,000 0.0% $45 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $100,000 -- $45 / 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 $1,954 $145,700 $24,000 $121,700
2023 $1,954 $97,700 $24,000 $73,700
2022 $1,898 $94,900 $24,000 $70,900
2021 $2,232 $93,000 $24,000 $69,000
2020 $1,860 $93,000 $24,000 $69,000
2019 $1,860 $93,000 $21,800 $71,200
2018 $1,860 $93,000 $24,500 $68,500
2017 $1,810 $90,500 $24,500 $66,000
2016 $1,792 $89,590 $24,500 $65,090
2014 $1,702 $85,100 $24,500 $60,600
2013 $1,610 $80,500 $24,500 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201817704

Indiana Regional MLS

APN: 79-07-28-453-021.000-004