$72,000
SOLD APR 8, 2019
4 Beds
3 Baths
2,232 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

28% Below List Price

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 Agent to Sell the Property

Shannon O'Malley

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

F.C. Tucker/Shook

Last Buyer's Agent

Cody Akers

Rainbow Realty

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
Current Estimated Value
$218,480

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
$857,496
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$644,633

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
18.84%
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
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 Type Sale Price Title Company
Quit Claim Deed -- Spigle John E
Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $940,000 New Conventional
Previous Owner $54,000 New Conventional
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 $5,063 $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