216 S 16th St Lafayette, IN 47905
Valley Center NeighborhoodEstimated Value: $149,000 - $334,000
3
Beds
3
Baths
1,752
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Corner Lot
- Ceiling Fan
- Baseboard Heating
About This Home
As of November 2019Fully rented triplex near downtown. Electric and gas are in owners name but are billed back to the tenants each month. 24 hour notice will need to be given prior to showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,448
Year Built
- Built in 1930
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 50 x 80
- Corner Lot
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Partially Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Murdock Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Tenant pays for electric, fuel
- The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
- Assessor Parcel Number 79-07-28-131-008.000-004
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $1,180
- Fuel Expense $1,390
- Insurance Expense $1,385
- Maintenance Expense $1,500
- Trash Expense $150
- Water Sewer Expense $800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2025
Sold by
Accurate Property Management Llc
Bought by
Decon Llc
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$155,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,000
Purchase Details
Closed on
Jun 19, 2024
Sold by
High Alpine Properties Llc
Bought by
Accurate Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Sep 25, 2019
Closed on
Nov 21, 2019
Sold by
Pilotinvestments Llc
Bought by
High Alpine Properties Llc
Seller's Agent
Cole Kesling
Sue O'Brien - Titan RE
Buyer's Agent
Judy Roark
BerkshireHathaway HS IN Realty
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$752,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2016
Sold by
Glr Fund Llc
Bought by
Pilotinvestment Llc
Purchase Details
Closed on
Jun 3, 2016
Sold by
Fletcher Michael L and Fletcher E
Bought by
Glr Fund Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Decon Llc | -- | Bcks Title Company Llc | |
| Accurate Property Management Llc | -- | None Listed On Document | |
| Accurate Property Management Llc | $180,000 | None Listed On Document | |
| High Alpine Properties Llc | -- | None Available | |
| Pilotinvestment Llc | -- | -- | |
| Glr Fund Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Decon Llc | $155,000 | |
| Previous Owner | Accurate Property Management Llc | $150,000 | |
| Previous Owner | High Alpine Properties Llc | $752,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2019 11/21/19 | Sold | $85,000 | -10.5% | $49 / Sq Ft |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- |
| 09/25/2019 09/25/19 | For Sale | $95,000 | -- | $54 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,708 | $122,600 | $13,500 | $109,100 |
| 2023 | $1,708 | $85,400 | $13,500 | $71,900 |
| 2022 | $1,642 | $82,100 | $13,500 | $68,600 |
| 2021 | $1,790 | $74,600 | $13,500 | $61,100 |
| 2020 | $1,492 | $74,600 | $13,500 | $61,100 |
| 2019 | $1,492 | $74,600 | $15,000 | $59,600 |
| 2018 | $1,448 | $72,400 | $15,000 | $57,400 |
| 2017 | $1,410 | $70,500 | $15,000 | $55,500 |
| 2016 | $1,386 | $69,290 | $15,000 | $54,290 |
| 2014 | $1,312 | $65,600 | $15,000 | $50,600 |
| 2013 | $1,240 | $62,000 | $15,000 | $47,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cole Kesling
Seller's Agent in 2019
Cole Kesling
Sue O'Brien - Titan RE
(765) 414-4208
25 Total Sales
-
Buyer's Agent in 2019
Judy Roark
BerkshireHathaway HS IN Realty
(765) 426-8297
Map
Source: Indiana Regional MLS
MLS Number: 201942228
APN: 79-07-28-131-008.000-004
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