NOT LISTED FOR SALE

Estimated Value: $206,000 - $225,767

4 Beds
3 Baths
2,227 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $205,000 $92 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,511/month

1 Day on Market

Highlights

  • 0.13 Acre Lot
  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • National Green Building Certification (NAHB)
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Spacious, income producing duplex downtown with loads of opportunity. This duplex each has 2 BR units, one equipped with 2 Full Baths and the other with1 Full Bath. All appliances come with sale and active leases are in place. Conveniently located in downtown Lafayette and just across the river from Purdue University. Active lease agreements: Rent $900 a month 03/24/2023 - 03/29/2024 Rent $995 a month 06/09/2023 - 06/28/2024 Well maintained building with a roof replaced within the last year!

Last Agent to Sell the Property

Ryan Griswold

Elite Property Mgmt and Realty Listed on: 09/19/2023

Last Buyer's Agent

Joe Stanis

F.C. Tucker/Shook

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1910

Lot Details

  • 5,460 Sq Ft Lot
  • Lot Dimensions are 60x91
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Additional Features

  • National Green Building Certification (NAHB)
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 79-07-29-230-011.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $949
  • Maintenance Expense $500
  • Water Sewer Expense $87

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,298

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 113
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: N 1\2 LOT 28 TAYLOR WHITE PETERSON &ELLS ADDN 31 X 60 FT NW PT LOT 27 TAYLOR WHI TE PETERSON & ELLS ADDN
  • Parcel Number ID: 79-07-29-230-011.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Cable Ready, Ceiling-9+
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.02
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1895
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2227
  • Total Finished Sq Ft: 2227
  • Above Grade Finished Sq Ft: 2227
  • Price Per Sq Ft: 92.05
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Cinergy MetroNet, Comcast
  • Annual Insurance Expense: 948.61
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 86.6
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • 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
  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 60X91
  • Estimated Lot Sq Ft: 5460
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 2827

Green Features

  • Green Certifications: NAHB GR Bldg Stan - ANSI

Rental Info

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

Tax Info

  • Total Assessed Value: 114900
  • Annual Property Tax: 2298

Multi Family

  • Gross Monthly Rent: 1895
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 16, 2023
Sold by
Jrw Investment Properties Llc
Bought by
Cascmzin Llc
Seller's Agent
Ryan Griswold
Elite Property Mgmt and Realty
Buyer's Agent
Joe Stanis
F.C. Tucker/Shook
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Views
16
Current Estimated Value
$213,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,256
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Nov 22, 2022
Sold by
Romero Joseph and Romero Roxana
Bought by
Jrw Investment Properties Llc

Purchase Details

Closed on
May 29, 2018
Sold by
M & Ml Solutions Llc
Bought by
Packline Properties Llc

Purchase Details

Closed on
Jun 5, 2015
Sold by
Sutter R Gregg
Bought by
M & Ml Solutions Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Housing Partnership Of Lafayette Lp
Bought by
Sutter R Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.67%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Cascmzin Llc $205,000 Metropolitan Title
Jrw Investment Properties Llc -- --
Packline Properties Llc -- None Available
M & Ml Solutions Llc -- --
Sutter R Gregg -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Packline Properties Llc $439,500
Previous Owner Sutter R Gregg $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $205,000 +3.0% $92 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $199,000 +10.6% $89 / Sq Ft
06/27/2022 06/27/22 Sold $180,000 0.0% $81 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $180,000 -- $81 / 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 $4,299 $148,900 $13,000 $135,900
2023 $2,402 $120,100 $13,000 $107,100
2022 $2,298 $114,900 $13,000 $101,900
2021 $1,998 $99,900 $13,000 $86,900
2020 $1,998 $99,900 $13,000 $86,900
2019 $1,998 $99,900 $10,000 $89,900
2018 $1,998 $99,900 $10,000 $89,900
2017 $1,944 $97,200 $10,000 $87,200
2016 $1,926 $96,250 $10,000 $86,250
2014 $1,982 $99,100 $10,000 $89,100
2013 $1,956 $97,800 $10,000 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202334067

Indiana Regional MLS

APN: 79-07-29-230-011.000-004