NOT LISTED FOR SALE

Estimated Value: $278,000 - $320,000

6 Beds
4 Baths
2,558 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $175,000 $68 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,820/month

Highlights

  • Vaulted Ceiling
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

As of November 2017

Great Investment opportunity!!! This ranch duplex is a perfect cash flow property. Located on the south side of town in a nice neighborhood convenient to Veterans Memorial, this property is great for long term renters seeking an opportunity to enjoy a spacious home with some yard space and a 2 car garage. This duplex is also great for those who might want to live on one side while renting the other. This property will sell fast.

Last Agent to Sell the Property

Ken Cary

Keller Williams Lafayette Listed on: 10/25/2017

Keller Williams Lafayette

Last Buyer's Agent

Cathy Russell

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,558 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for association dues, building insurance, maintenance, tax
  • Assessor Parcel Number 79-11-09-226-004.000-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,730

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Age: 19
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MILLCREEK SD PH 1 LOT 78ANNEXED FROM 142-00413-0059
  • Parcel Number ID: 79-11-09-226-004.000-032
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Cable Ready, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1925
  • Special Features: None

Interior Features

  • Total Sq Ft: 2558
  • Total Finished Sq Ft: 2558
  • Above Grade Finished Sq Ft: 2558
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .24
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Green Features

  • Energy Efficient: Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1925
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Vancuren Aaron Van and Vancuren Gregory Van
Bought by
Wissman Dustin A
Total Days on Market
0
Current Estimated Value
$295,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,904
Outstanding Balance
$174,742
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$120,707

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 22, 2017
Sold by
English Richard E and English Deborah J
Bought by
Vanvancuren Aaron Van and Curen Gregory Van
Seller's Agent
Ken Cary
Keller Williams Lafayette
Buyer's Agent
Cathy Russell
@properties
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$140,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Kimbarlin Llc
Bought by
English Richard E and English Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
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
Wissman Dustin A -- Metropolitan Title
Vanvancuren Aaron Van -- --
English Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wissman Dustin A $194,904
Previous Owner Vanvancuren Aaron Van $140,000
Previous Owner English Richard E $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $175,000 0.0% $68 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $175,000 -- $68 / 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 $2,020 $235,700 $22,500 $213,200
2023 $2,020 $160,600 $22,500 $138,100
2022 $2,070 $160,600 $22,500 $138,100
2021 $1,974 $154,400 $22,500 $131,900
2020 $1,727 $137,900 $22,500 $115,400
2019 $1,724 $137,900 $22,500 $115,400
2018 $1,725 $137,900 $22,500 $115,400
2017 $1,789 $137,900 $30,000 $107,900
2016 $2,730 $136,530 $30,000 $106,530
2014 $2,664 $133,200 $22,500 $110,700
2013 $2,636 $131,800 $22,500 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201750187

Indiana Regional MLS

APN: 79-11-09-226-004.000-032