NOT LISTED FOR SALE

Estimated Value: $434,000 - $623,843

3 Beds
3 Baths
2,088 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $367,500 $176 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,365/month

Highlights

  • Corner Lot
  • Carpet
  • 5-minute walk to South Tipp Park
  • Forced Air Heating System

About This Home

As of March 2017

MLS listing price includes 205 S 4th Street and 207 S 4th Street. Deal was enacted as one transaction for all three properties between buyer and seller.

Last Listed By

Courtney Waldon

Keller Williams Commercial Listed on: 03/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 32x132
  • Corner Lot
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, heating, water
  • Assessor Parcel Number 79-07-29-210-002.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 31 1/2 X 138 FT S 4TH ST PT NW NESEC 29 TWP 23 R4 |
  • Parcel Number ID: 79-07-29-210-002.000-004
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2088
  • Total Finished Sq Ft: 2088
  • Above Grade Finished Sq Ft: 2088
  • Price Per Sq Ft: 176.01
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 32x132

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1744

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2004
Sold by
Summers Jerry A
Bought by
Crimson Holdings Llc
Current Estimated Value
$512,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2004
Sold by
Switzer Stephen E
Bought by
Core Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2002
Sold by
Billerman Lujuanna Sue and Rochester Karen L
Bought by
Switzer Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.64%
Mortgage Type
Commercial

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
Crimson Holdings Llc -- --
Core Rentals Llc -- --
Switzer Stephen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brownstone Dev Llc $2,250,000
Closed Brownstone Development Llc $260,000
Previous Owner Core Rentals Llc $322,500
Previous Owner Switzer Stephen E $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $367,500 0.0% $176 / Sq Ft
03/08/2017 03/08/17 For Sale $367,500 -- $176 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
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 $24,660 -- -- --
2023 $24,660 -- -- --
2022 $24,660 $1,233,000 $0 $1,233,000
2021 $56,449 $2,133,400 $61,100 $2,072,300
2020 $48,473 $1,839,000 $61,100 $1,777,900
2019 $25,454 $974,500 $61,100 $913,400
2018 $1,050 $52,500 $52,500 $0
2017 $1,762 $88,100 $10,000 $78,100
2016 $1,744 $87,230 $10,000 $77,230
2014 $1,784 $89,200 $10,000 $79,200
2013 $1,766 $88,300 $10,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201709401

Indiana Regional MLS

APN: 79-07-29-216-013.000-004