NOT LISTED FOR SALE

201 W Midway St Colfax, IN 46035

Estimated Value: $91,000 - $224,000

2 Beds
2 Baths
2,584 Sq Ft
$63/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $75,000 $29 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,121/month

51 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen
  • Vaulted Ceiling
  • Stone Countertops
  • 2-minute walk to Paul W. Ogle Riverfront Park

About This Home

As of January 2023

Around 20 mins away from the south side of Lafayette, this 2 bedroom 2 bath historic home has an abundance of potential and is ready for your TLC. With 2 bedrooms/2 full baths on the main level, the upper level and studio could possibly be converted to make this a multi-family building with 1 bedroom/1 bath upstairs and the studio to be an efficiency unit. Kitchen with stainless steel appliances, quartz countertops, and a large single-bowl sink. Additional recent updates include a new master bath, oak hardwood floors, pex plumbing to attachment, a new water heater, and a privacy fence. Only a short distance to the Colfax Community Park and the scenic trail to Thorntown. Easy access to larger cities as Colfax is a halfway point between Lafayette and Indianapolis. Buyer to do their own due diligence in regards to converting this residential home to a multi-family unit. Cash buyers only.

Last Listed By

Sherry Cole

Keller Williams Lafayette Listed on: 11/17/2022

Keller Williams Lafayette

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $759

Year Built

  • Built in 1890

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Backs to Open Ground
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Carpet
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Clinton Prairie Elementary And Middle School
  • Clinton Prairie High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane

Community Details

  • 3 Units

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-13-08-412-007.000-014

Property Details

Home Type

Apartment

Est. Annual Taxes

$759

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1890
  • Age: 133
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 015-05006-00 Midway Add Pt Lots 1 & 2 Blk 9 3135-3136
  • Parcel Number ID: 12-13-08-412-007.000-014
  • Platted: Yes
  • Amenities: Ceilings-Vaulted, Countertops-Stone, Eat-In Kitchen, Open Floor Plan, Washer Hook-Up
  • Sp Lp Percent: 83.43
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2584
  • Total Finished Sq Ft: 2584
  • Above Grade Finished Sq Ft: 2584
  • Price Per Sq Ft: 29.02
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Masonry
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Propane, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Clinton Prairie School Corp.
  • Elementary School: Clinton Prairie
  • Middle School: Clinton Prairie
  • High School: Clinton Prairie
  • Elementary School: Clinton Prairie

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x120
  • Estimated Lot Sq Ft: 9600
  • Estimated Lot Size Acres: 0.22

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 759.19

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

  • High School: Clinton Prairie
  • Middle School: Clinton Prairie
  • School District: Clinton Prairie School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 20, 2023
Sold by
Smith Christopher P
Bought by
Gama Jose and Martinez Angelica
Seller's Agent
Sherry Cole
Keller Williams Lafayette
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Total Days on Market
51
Views
217
Current Estimated Value
$163,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,037
Avg. Annual Appreciation
40.57%

Purchase Details

Closed on
Feb 11, 2019
Sold by
Clark Martin C
Bought by
Smith Christopher P

Purchase Details

Closed on
Dec 20, 2012
Sold by
Jones Martinda C
Bought by
Clark Martin C

Purchase Details

Closed on
Sep 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Clark Larry M

Purchase Details

Closed on
Sep 22, 2010
Sold by
Fannie Mae
Bought by
Clark Larry M

Purchase Details

Closed on
Sep 14, 2010
Sold by
Weisflog Donald D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 14, 2010
Sold by
Mitchell Sheriff Mark A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 2001
Sold by
Weisflog Donald D and Weisflog Helen Spangler
Bought by
Weisflog Donald D

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
Gama Jose $75,000 Metropolitan Title
Smith Christopher P -- None Available
Clark Martin C -- None Available
Clark Larry M $22,900 Statewide Title Co
Clark Larry M -- None Available
Federal National Mortgage Association $59,456 None Available
Federal National Mortgage Association -- Feiwell & Hannoy
Weisflog Donald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Christopher P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $75,000 -16.6% $29 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $89,900 -10.0% $35 / Sq Ft
12/27/2022 12/27/22 For Sale $99,900 0.0% $39 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $99,900 0.0% $39 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $99,900 -- $39 / 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 $2,554 $125,700 $11,200 $114,500
2023 $2,531 $125,700 $11,200 $114,500
2022 $1,056 $103,200 $11,200 $92,000
2021 $1,014 $67,800 $11,200 $56,600
2020 $703 $67,900 $11,200 $56,700
2019 $679 $67,900 $11,200 $56,700
2018 $648 $67,900 $11,200 $56,700
2017 $612 $67,600 $11,200 $56,400
2016 $851 $82,300 $11,600 $70,700
2014 $478 $72,500 $11,600 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247185

Indiana Regional MLS

APN: 12-13-08-412-007.000-014