NOT LISTED FOR SALE

2105 Fincastle Way Lafayette, IN 47909

Bridge Water Neighborhood

Estimated Value: $147,000 - $362,336

6 Beds
6 Baths
2,660 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $205,310 $77 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,953/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Level Lot
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

Great investment opportunity on Lafayette's southside. Both units tenant occupied.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 11/06/2019

@properties

Last Buyer's Agent

Sherry Cole

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x155
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 79-11-09-226-025.000-032

Community Details

Overview

  • 2 Units
  • Mill Creek Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,984

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: MILLCREEK SD PH 1 LOT 131ANNEXED FROM 142-00413-0587
  • Parcel Number ID: 79-11-09-226-025.000-032
  • Platted: Yes
  • Amenities: Cable Ready
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 2660
  • Total Finished Sq Ft: 2660
  • Above Grade Finished Sq Ft: 2660
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

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

  • Elementary School: Earhart

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x155
  • Estimated Lot Sq Ft: 12400
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 131

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2984

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 10, 2020
Sold by
Southwest Homebuilders Inc
Bought by
Rolley Homes Llc S Series 4
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$209,500
Sold Price
$205,310
Premium/Discount to List
-$4,190
-2%
Current Estimated Value
$289,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,024
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Nov 5, 2012
Sold by
A & B Investments Inc
Bought by
Southwest Homebuilders Inc

Purchase Details

Closed on
Jan 6, 2012
Sold by
Brown Keith
Bought by
Agenter Bruce and A&B Investments Inc Defined Benefit Plan

Purchase Details

Closed on
Apr 4, 2011
Sold by
Lafayette Savings Bank Fsb
Bought by
Brown Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2010
Sold by
Shumate Bradley S and Shumate Marc T
Bought by
Lafayette Savings Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rolley Homes Llc S Series 4 $200,300 Metropolitan Title
Southwest Homebuilders Inc -- None Available
Agenter Bruce -- None Available
Brown Keith -- None Available
Lafayette Savings Bank Fsb $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Keith $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $205,310 -2.0% $77 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $209,500 -- $79 / 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 $5,096 $254,800 $22,500 $232,300
2023 $4,968 $248,400 $22,500 $225,900
2022 $3,606 $180,300 $22,500 $157,800
2021 $3,468 $173,400 $22,500 $150,900
2020 $3,096 $154,800 $22,500 $132,300
2019 $3,096 $154,800 $22,500 $132,300
2018 $2,984 $149,200 $22,500 $126,700
2017 $2,884 $144,200 $30,000 $114,200
2016 $2,856 $142,780 $30,000 $112,780
2014 $2,800 $140,000 $22,500 $117,500
2013 $2,768 $138,400 $22,500 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Cathy Russell

    Seller's Agent in 2020

    Cathy Russell

    @properties

    (765) 426-7000

    4 in this area

    675 Total Sales

    Cathy Russell
    Section Image
  • Sherry Cole

    Buyer's Agent in 2020

    Sherry Cole

    Keller Williams Lafayette

    (765) 426-9442

    11 in this area

    646 Total Sales

    Sherry Cole
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201948739

Indiana Regional MLS

APN: 79-11-09-226-025.000-032

Indiana Tippecanoe County Lafayette 47909 Bridge Water

2105 Fincastle Way, Lafayette, IN

Not Listed for Sale

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