NOT LISTED FOR SALE

2019 Main St La Fayette, IN 47904

Estimated Value: $170,000 - $193,000

-- Bed
0.5 Bath
1,192 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $125,000 $105 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,354/month

About This Home

As of November 2021

Nice commercial office space located directly across from Columbia Park. Large open reception area with a private office and half bath.

Last Agent to Sell the Property

Bridget Enyeart

Indiana Integrity REALTORS Listed on: 10/24/2021

Last Buyer's Agent

Maria Campos

Indiana Integrity REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,009

Year Built

  • Built in 1901

Lot Details

  • 6,752 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 0.5 Bathroom
  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Electric Expense $1,600
  • Fuel Expense $1,500
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $40

Listing and Financial Details

  • Tenant pays for building insurance, cable, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-28-251-001.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,009

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1901
  • Age: 120
  • Style: Two Story
  • Total Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: REYNOLDS TO OAKLAND ADDN LOT 44
  • Parcel Number ID: 79-07-28-251-001.000-004
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 96.15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1764
  • Total Finished Sq Ft: 1192
  • Above Grade Finished Sq Ft: 1192
  • Below Grade Sq Ft: 572
  • Price Per Sq Ft: 104.87
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Flooring: Laminate, Wood
  • Total Below Grade Sq Ft: 572

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1600
  • Annual Fuel Expense: 1500
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 40

Schools

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

Lot Info

  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 6752
  • Estimated Lot Size Acres: 0.155

Rental Info

  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Building Insurance, Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water

Tax Info

  • Annual Property Tax: 3008.52

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Nov 4, 2021
Sold by
Ere Lafayette Llc
Bought by
Munoz Benito
Seller's Agent
Bridget Enyeart
Indiana Integrity REALTORS
Buyer's Agent
Maria Campos
Indiana Integrity REALTORS
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$178,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,155
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Spencer Thomas A and Spencer Demeid R
Bought by
Ere Lafayette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 3, 2012
Sold by
Ford Warschel F
Bought by
Spencer Thomas A and Spencer Demelda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Ford Herschel F
Bought by
Ford Herschel F and Herschel F Ford Revocable Living Trust
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
Munoz Benito $125,000 None Available
Ere Lafayette Llc -- None Available
Spencer Thomas A -- None Available
Ford Herschel F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ere Lafayette Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $125,000 -3.8% $105 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $130,000 -- $109 / 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 $4,440 $125,000 -- $125,000
2023 $2,857 $120,300 $0 $120,300
2022 $3,003 $116,800 $0 $116,800
2021 $3,019 $113,300 $0 $113,300
2020 $3,009 $113,200 $0 $113,200
2019 $2,971 $112,000 $0 $112,000
2018 $2,890 $108,600 $0 $108,600
2017 $2,784 $107,500 $0 $107,500
2016 $2,712 $106,700 $0 $106,700
2014 $2,593 $101,800 $0 $101,800
2013 $2,425 $96,300 $0 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202144716

Indiana Regional MLS

APN: 79-07-28-251-001.000-004