NOT LISTED FOR SALE

Estimated Value: $282,000 - $308,000

4 Beds
4 Baths
2,336 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $180,000 $77 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,918/month

41 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Patio
  • Backs to Open Ground
  • Walk-In Closet
  • Laundry in Utility Room

About This Home

As of October 2019

great investment property. 2 units, each with 2 car garage. HOA OF $120 Per year is currently paid by owner. Tenants pay all utilities, including Trash, water and sewer. Leases on file in KCB

Last Agent to Sell the Property

Christine Woodcock

KCB Listed on: 07/30/2019

Last Buyer's Agent

Chelsea Smith

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 95x127
  • Backs to Open Ground
  • Level Lot

Home Design

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

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Edgelea 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 cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water, deposit value
  • The owner pays for association dues, building insurance, maintenance, tax
  • Assessor Parcel Number 79-11-09-276-032.000-032

Community Details

Overview

  • 2 Units
  • Mill Creek Subdivision

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $846
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,820

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Age: 21
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: millcreek SD PH 1 LOT 124ANNEXED FROM 142-00413-0510
  • Parcel Number ID: 79-11-09-276-032.000-032
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Storage, Cable Available, Closet(s) Walk-in, Countertops-Laminate, Open Floor Plan, Patio Open, Washer Hook-Up
  • Inside City Limits: Yes
  • Sp Lp Percent: 95.24
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1870
  • Year Taxes Payable: 2650
  • Special Features: None

Interior Features

  • Total Sq Ft: 2336
  • Total Finished Sq Ft: 2336
  • Above Grade Finished Sq Ft: 2336
  • Price Per Sq Ft: 77.05
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 846
  • Annual Maintenance Expense: 1000
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 95X127

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1870
  • 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 Efficiencies: 9
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2820

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 31, 2019
Sold by
Brown Keith and Brown Wayne B
Bought by
Vesity Properties Pu 1 Llc
Seller's Agent
Christine Woodcock
KCB
Buyer's Agent
Chelsea Smith
Keller Williams Lafayette
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Total Days on Market
41
Current Estimated Value
$292,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,206
Avg. Annual Appreciation
9.21%
Original Mortgage
$710,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
D & D Llc
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
$25,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 7, 2006
Sold by
D & D Llc
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
$25,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 2, 2002
Sold by
Kiracofe James R
Bought by
D & D Llc
Source: Public Records

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Range of Values:

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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
Vesity Properties Pu 1 Llc -- None Available
Brown Keith -- None Available
D & D Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varsity Propertiespu-1 Llc $844,000
Closed Vesity Properties Pu 1 Llc $710,000
Previous Owner Brown Keith $25,000
Previous Owner Brown Keith $119,000
Previous Owner Brown Keith $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $180,000 -4.8% $77 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $189,000 -- $81 / 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 $3,410 $204,300 $22,500 $181,800
2023 $3,410 $170,500 $22,500 $148,000
2022 $3,410 $170,500 $22,500 $148,000
2021 $3,278 $163,900 $22,500 $141,400
2020 $2,926 $146,300 $22,500 $123,800
2019 $2,926 $146,300 $22,500 $123,800
2018 $2,820 $141,000 $22,500 $118,500
2017 $2,724 $136,200 $30,000 $106,200
2016 $2,698 $134,890 $30,000 $104,890
2014 $2,632 $131,600 $22,500 $109,100
2013 $2,604 $130,200 $22,500 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201932777

Indiana Regional MLS

APN: 79-11-09-276-032.000-032