$225,000
SOLD SEP 1, 2022
4 Beds
4 Baths
2,450 Sq Ft
4,660 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Double Vanity
  • Corner Lot
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of September 2022

Fully rented duplex with 2 bedrooms and 1 1/2 baths on each side. Each unit features a Jack and Jill bathroom with a double vanity, large walk-in closet, and a downstairs half bath. The units share a water meter, but are separately metered for gas and electric. Owner pays for property taxes, insurance, water, and exterior maintenance. Unit A currently rented at $895 per month until Oct. 31, 2022. Unit B currently rented at $685 per month. Great location close to downtown with easy access to all areas of the city as well as Purdue University. Inspections welcome but the property being sold As Is. This owner is also selling duplexes at 1534 Burroughs St. and 1013 S 2nd St.

Last Agent to Sell the Property

Cynthia Carlson

Raeco Realty Listed on: 07/14/2022

Co-Listed By

Jessica Dior

Keller Williams Lafayette

Last Buyer's Agent

Spencer Childers

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1998

Lot Details

  • 4,660 Sq Ft Lot
  • Lot Dimensions are 61x68.01
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, deposit value
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, water
  • Assessor Parcel Number 79-07-16-328-039.000-004

Community Details

Overview

  • 2 Units
  • Barbee Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,124
  • Maintenance Expense $965
  • Water Sewer Expense $255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Age: 24
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: BARBEES SD PT 68' S EBD KIT 55 & 56
  • Parcel Number ID: 79-07-16-328-039.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Breakfast Bar, Closet(s) Walk-in, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Twin Sink Vanity, Washer Hook-Up, Jack & Jill Bath
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.74
  • Monthly Gross Income: 1580
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2450
  • Total Finished Sq Ft: 2450
  • Above Grade Finished Sq Ft: 2450
  • Price Per Sq Ft: 91.84
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: American Suburban Util.
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1124
  • Annual Maintenance Expense: 965
  • Annual Water Sewer Expense: 255
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 61x68.01
  • Estimated Lot Sq Ft: 4660
  • Estimated Lot Size Acres: 0.109

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 1580
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2292

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 24, 2022
Sold by
Cfi 4 Llc
Bought by
City Streets Properties Llc
Seller's Agent
Cynthia Carlson
Raeco Realty
Buyer's Agent
Spencer Childers
Keller Williams Lafayette
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$226,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,659
Avg. Annual Appreciation
5.90%
Original Mortgage
$225,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2009
Sold by
Deutscher Charles I and Tiede Michael T
Bought by
Dt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,675
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2009
Sold by
Fannie Mae
Bought by
Deutscher Charles I and Tiede Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,675
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2009
Sold by
Gillim Scott Henry and Gillim Wilene Carol
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2003
Sold by
Gillim Scott Henry and Gillim Wilene Carol
Bought by
S & W Entities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6%

Purchase Details

Closed on
Mar 7, 2003
Sold by
S & W Entities
Bought by
Gillim Scott Henry and Gillim Wilene Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6%
Source: Public Records

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Range of Values:

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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
Warranty Deed -- --
Warranty Deed -- None Available
Corporate Deed -- None Available
Sheriffs Deed $151,693 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $225,000 New Conventional
Previous Owner $72,111 Unknown
Previous Owner $114,675 Purchase Money Mortgage
Previous Owner $126,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $225,000 -4.3% $92 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $235,000 +176.5% $96 / Sq Ft
10/05/2012 10/05/12 Sold $85,000 0.0% $41 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $85,000 -- $41 / 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 $2,522 $126,100 $13,000 $113,100
2023 $2,396 $119,800 $13,000 $106,800
2022 $2,338 $116,900 $13,000 $103,900
2021 $2,292 $114,600 $13,000 $101,600
2020 $1,910 $95,500 $13,000 $82,500
2019 $1,910 $95,500 $13,300 $82,200
2018 $1,910 $95,500 $15,200 $80,300
2017 $1,846 $92,300 $15,200 $77,100
2016 $1,828 $91,390 $15,200 $76,190
2014 $1,828 $91,400 $15,200 $76,200
2013 $1,806 $90,300 $15,200 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202229273

Indiana Regional MLS

APN: 79-07-16-328-039.000-004