NOT LISTED FOR SALE

Estimated Value: $199,000 - $249,000

4 Beds
2 Baths
1,448 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $200,000 $138 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,400/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Porch
  • Ceiling Fan

About This Home

As of November 2022

Investors don't miss out on this one! This property has 2 income producing homes with a 2 car detached garage. Both homes are currently leased until summer 2023. The front home has been recently remodeled with all new flooring, kitchen cabinets and remodeled bathroom. Other recent improvements to the front house include new furnace in 2020, new AC in 2017, new roof in 2018. The full basement offers many possibilities as well. The back house is perfect for someone looking for that space that is easy to manage. Tenants pay all utilities except water. Inspections welcome but sold "AS IS"

Last Agent to Sell the Property

Dave Deno

Indiana Integrity REALTORS Listed on: 10/19/2022

Last Buyer's Agent

Yvette Alvizo

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1938

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 79-07-16-829-041.000-004

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Monon Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,140
  • Maintenance Expense $500
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1938
  • Age: 84
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Monon ADDN Lot 112
  • Parcel Number ID: 79-07-16-829-041.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Countertops-Laminate, Porch Open, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1750
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1448
  • Above Grade Finished Sq Ft: 1448
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 138.12
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1140
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50 x 125
  • Estimated Lot Sq Ft: 6273
  • Estimated Lot Size Acres: 0.144

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1500

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 19, 2022
Closed on
Nov 28, 2022
Sold by
Donoho Steven L and Donoho Pamela K
Bought by
Pedder Vilma
Seller's Agent
Dave Deno
Indiana Integrity REALTORS
Buyer's Agent
Yvette Alvizo
Trueblood Real Estate
List Price
$200,000
Sold Price
$200,000
Views
21
Current Estimated Value
$222,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,342
Avg. Annual Appreciation
2.22%
Original Mortgage
$160,000
Outstanding Balance
$150,636
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$62,169
Source: Public Records

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
Pedder Vilma $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedder Vilma $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $200,000 0.0% $138 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $200,000 -- $138 / 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 $2,712 $135,600 $10,000 $125,600
2023 $1,820 $91,000 $10,000 $81,000
2022 $1,820 $91,000 $10,000 $81,000
2021 $1,500 $75,000 $10,000 $65,000
2020 $1,394 $69,700 $10,000 $59,700
2019 $1,340 $67,000 $10,000 $57,000
2018 $1,298 $64,900 $10,000 $54,900
2017 $1,276 $63,800 $10,000 $53,800
2016 $1,254 $62,700 $10,000 $52,700
2014 $1,244 $62,200 $10,000 $52,200
2013 $1,262 $63,100 $10,000 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202243409

Indiana Regional MLS

APN: 79-07-16-829-041.000-004