NOT LISTED FOR SALE

Estimated Value: $258,257 - $324,000

4 Beds
4 Baths
2,368 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $167,000 $71 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,040/month

23 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of March 2018

This well cared for duplex on the south side of Lafayette has long term reliable tenants and is a great investment opportunity. Unit A rent is $725/month and Unit B is currently vacant. Each unit is exactly the same with 2 bedrooms and 2 full baths, just under 1200 SF each. Vaulted ceilings in the living room with fireplace, open floor plan, nice size kitchen with breakfast bar and dining room area. Each unit has a patio, 2 car garage and covered front porch. Tenants pay all utilities, snow removal and water/sewer/trash. HOA is $120/year for entire building and is paid by owner. Tenant is on month-to-month basis.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 02/28/2018

@properties

Last Buyer's Agent

Cathy Russell

@properties Listed on: 02/28/2018

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x137
  • Backs to Open Ground
  • Level Lot

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Duplex
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for association dues, cable, cooling, deposit value, electric, fuel, heating, lawn maintenance, snow removal, sewer, trash collection, water
  • The owner pays for association dues, building insurance, tax
  • Assessor Parcel Number 79-11-09-226-021.000-032

Community Details

Overview

  • 2 Units
  • Mill Creek Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,590

Year Built

Built in 1998

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Age: 20
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MILLCREEK SD PH 1 LOT 112 ANNEXED FROM 142-00413-0390 |
  • Parcel Number ID: 79-11-09-226-021.000-032
  • Platted: Yes
  • Amenities: Ceiling Fan, Breakfast Bar, Cable Available, Ceiling-9+, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Garage Door Opener, Open Floor Plan, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Cross Street: S 18th St
  • Location: City/Town/Suburb
  • Planned Unit Dev: Yes
  • Section Number: 1
  • Sp Lp Percent: 97.09
  • State Id: 160164021215
  • Monthly Gross Income: 1450
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2368
  • Total Finished Sq Ft: 2368
  • Above Grade Finished Sq Ft: 2368
  • Price Per Sq Ft: 70.52
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 2368
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • 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
  • Annual Insurance Expense: 1250
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Association Fees: 120
  • Association Fees Frequency: Monthly
  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 80x137
  • Estimated Lot Sq Ft: 10960
  • Estimated Lot Size Acres: 0.251
  • Lot Number: 113

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1450
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2590

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Vancuren Aaron Van and Vancuren Gregory Van
Bought by
Scott Christina L
Current Estimated Value
$299,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 30, 2018
Sold by
Taylor Wayne L
Bought by
Vanvancuren Aaron Van and Curen Gregory Van
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$172,000
Sold Price
$167,000
Premium/Discount to List
-$5,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$125,250
Interest Rate
4.43%
Mortgage Type
New Conventional
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
Scott Christina L $185,000 Columbia Title Inc
Vanvancuren Aaron Van -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Christina L $181,649
Previous Owner Vanvancuren Aaron Van $125,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $167,000 -2.9% $71 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $172,000 -- $73 / 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 $4,012 $200,600 $22,500 $178,100
2023 $3,292 $164,600 $22,500 $142,100
2022 $3,292 $164,600 $22,500 $142,100
2021 $3,166 $158,300 $22,500 $135,800
2020 $2,826 $141,300 $22,500 $118,800
2019 $2,826 $141,300 $22,500 $118,800
2018 $2,724 $136,200 $22,500 $113,700
2017 $2,632 $131,600 $30,000 $101,600
2016 $2,606 $130,280 $30,000 $100,280
2014 $2,544 $127,200 $22,500 $104,700
2013 $2,516 $125,800 $22,500 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201807243

Indiana Regional MLS

APN: 79-11-09-226-021.000-032