NOT LISTED FOR SALE

Estimated Value: $132,000 - $167,000

3 Beds
1 Bath
960 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $80,000 $83 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $928/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Partially Fenced Property
  • Wood Siding
  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

As of February 2020

This home is located at 206 Montefiore St, Lafayette, IN 47905 since 16 October 2019 and is currently estimated at $150,616, approximately $156 per square foot. This property was built in 1953. 206 Montefiore St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

Last Listed By

Gilbert Sorola

Sorola Property Mgmt. Inc. Listed on: 10/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54x150
  • Partially Fenced Property
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

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

Community Details

  • Insurance Expense $692
  • Maintenance Expense $2,412

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, lawn maintenance, sewer, water
  • Assessor Parcel Number 79-07-32-200-021.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1953
  • Age: 67
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: EVANS & HOWARDS O L 54 X 150FT SE COR S 1\2 E 1\2 LOT 3
  • Parcel Number ID: 79-07-32-200-021.000-004
  • Platted: Yes
  • Amenities: Countertops-Laminate, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 900
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 83.33
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Fence: Partial
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 692
  • Annual Maintenance Expense: 2412
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 54x150
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cable, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Water

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 909

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 6, 2020
Sold by
Allen Jorge S and Allen Yasmine B
Bought by
Md Property Investments Llc
Seller's Agent
Gilbert Sorola
Sorola Property Mgmt. Inc.
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Total Days on Market
80
Current Estimated Value
$150,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,616
Avg. Annual Appreciation
11.74%
Original Mortgage
$64,000
Outstanding Balance
$46,687
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$96,897

Purchase Details

Closed on
Jan 22, 2005
Sold by
Allen Jorge S and Allen Yasmine B
Bought by
Allen Jorge S and Allen Yasmine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
5.71%
Mortgage Type
New Conventional

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
Md Property Investments Llc -- Columbia Title Inc
Allen Jorge S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Md Property Investments Llc $64,000
Closed Md Property Investments Llc $64,000
Previous Owner Allen Jorge S $72,900
Previous Owner Allen Jorge S $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $80,000 0.0% $83 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/17/2019 12/17/19 Price Changed $80,000 -5.9% $83 / Sq Ft
10/16/2019 10/16/19 For Sale $85,000 -- $89 / 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 $1,121 $86,100 $15,000 $71,100
2023 $1,121 $56,000 $15,000 $41,000
2022 $1,122 $56,000 $15,000 $41,000
2021 $1,123 $56,000 $15,000 $41,000
2020 $1,123 $56,000 $15,000 $41,000
2019 $947 $47,200 $10,000 $37,200
2018 $909 $45,300 $10,000 $35,300
2017 $890 $44,400 $10,000 $34,400
2016 $881 $43,900 $10,000 $33,900
2014 $862 $43,000 $10,000 $33,000
2013 $866 $43,200 $10,000 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201945686

Indiana Regional MLS

APN: 79-07-32-200-021.000-004