NOT LISTED FOR SALE

Estimated Value: $108,984 - $212,000

4 Beds
2 Baths
2,400 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $66,666 $28 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,126/month

2 Days on Market

Highlights

  • Detached Second Garage
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Architecture
  • Corner Lot
  • Forced Air Heating System

About This Home

As of June 2017

Spacious duplex with 2 units featuring 2 bedrooms and 2 full baths. Great investment property located directly across from Columbia Park and Zoo conveniently close to restaurants, shopping, and schools.

Last Listed By

Sherry Cole

Keller Williams Lafayette Listed on: 05/03/2017

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 45x144
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Detached Second Garage
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, trash collection, water
  • Assessor Parcel Number 79-07-28-229-009.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Age: 87
  • Style: Condo
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WEAVERS 1ST ADDN LOT 140
  • Parcel Number ID: 79-07-28-229-009.000-004
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.24
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Basement: Yes
  • Basement Foundation: Crawl
  • Basement Material: Brick
  • Flooring: Wood

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 480

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 45x144
  • Estimated Lot Sq Ft: 6480
  • Estimated Lot Size Acres: 0.149

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Cable, Electric, Fuel, Heating, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Dishwashers: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2

Tax Info

  • Annual Property Tax: 2879.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 28, 2017
Sold by
Castor James Arnold and Castor John Woodworth
Bought by
Kbay East Group Llc
Seller's Agent
Sherry Cole
Keller Williams Lafayette
Buyer's Agent
Cathy Russell
@properties
List Price
$70,000
Sold Price
$66,666
Premium/Discount to List
-$3,334
-4.76%
Total Days on Market
2
Current Estimated Value
$170,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,995
Avg. Annual Appreciation
12.64%
Original Mortgage
$425,600
Outstanding Balance
$358,318
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
-$187,657

Purchase Details

Closed on
Mar 17, 2011
Sold by
Castor James Arnold
Bought by
Castor James Arnold and Castor John Woodworth

Purchase Details

Closed on
Dec 9, 2010
Sold by
First Merchants Trust Company
Bought by
Castor James Arnold

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
Kbay East Group Llc -- --
Castor James Arnold -- None Available
Castor James Arnold -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbay East Group Llc $425,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $66,666 -4.8% $28 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $70,000 -- $29 / 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 $2,094 $161,200 $18,000 $143,200
2023 $2,094 $104,700 $18,000 $86,700
2022 $2,014 $100,700 $18,000 $82,700
2021 $1,830 $91,500 $18,000 $73,500
2020 $1,694 $84,700 $18,000 $66,700
2019 $1,694 $84,700 $15,000 $69,700
2018 $1,644 $82,200 $15,000 $67,200
2017 $1,600 $80,000 $15,000 $65,000
2016 $512 $25,600 $15,000 $10,600
2014 $1,474 $73,700 $15,000 $58,700
2013 $1,460 $73,000 $15,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201719453

Indiana Regional MLS

APN: 79-07-28-229-009.000-004