NOT LISTED FOR SALE

2221 Bridgewater Cir Lafayette, IN 47909

Bridge Water Neighborhood

Estimated Value: $123,000 - $307,000

4 Beds
4 Baths
2,682 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $180,000 $67 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,688/month

40 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Laundry in Utility Room
  • Backs to Open Ground
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

A new investment opportunity for a duplex on the south side of Lafayette, close to shopping etc. Good rental history. Tenant pays all utilities, including Trash, water, sewer, heating, cooling. HOA annual fees of $120 paid by owner.

Last Agent to Sell the Property

Christine Woodcock

KCB Listed on: 07/31/2019

Last Buyer's Agent

Chelsea Smith

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 86x126
  • Backs to Open Ground
  • Level Lot

Home Design

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

Interior Spaces

  • 2,682 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Edgelea 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

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water, deposit value
  • The owner pays for association dues, building insurance, maintenance, tax
  • Assessor Parcel Number 79-11-09-226-007.000-032

Community Details

Overview

  • 2 Units
  • Mill Creek Subdivision

Building Details

  • Insurance Expense $845
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,840

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1996
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MILLCREEK SD PH 1 LOT 98ANNEXED FROM 142-00413-0257
  • Parcel Number ID: 79-11-09-226-007.000-032
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Countertops-Laminate, Open Floor Plan, Patio Open, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2682
  • Total Finished Sq Ft: 2682
  • Above Grade Finished Sq Ft: 2682
  • Basement Foundation: Slab
  • Flooring: Mixed
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 2
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 845
  • Annual Maintenance Expense: 1000
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Edgelea

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 86X126

Rental Info

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

Tax Info

  • Annual Property Tax: 2840

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 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
Jul 31, 2019
Closed on
Nov 1, 2019
Sold by
Brown Keith and Brown Wayne
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%
Current Estimated Value
$255,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,652
Avg. Annual Appreciation
5.94%
Original Mortgage
$540,000
Outstanding Balance
$473,482
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
-$217,830

Purchase Details

Closed on
Jan 12, 2007
Sold by
D & D Llc
Bought by
Brown Wayne and Brown Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,100
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2002
Sold by
Kiracofe James R
Bought by
D & D Llc
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
Vesity Properties Pu 1 Llc -- None Available
Brown Wayne -- None Available
D & D Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vesity Properties Pu 1 Llc $540,000
Previous Owner Brown Wayne $118,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $180,000 -4.8% $67 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $189,000 -- $70 / 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 $4,052 $202,600 $22,500 $180,100
2023 $3,374 $168,700 $22,500 $146,200
2022 $3,374 $168,700 $22,500 $146,200
2021 $3,244 $162,200 $22,500 $139,700
2020 $2,896 $144,800 $22,500 $122,300
2019 $2,896 $144,800 $22,500 $122,300
2018 $2,792 $139,600 $22,500 $117,100
2017 $2,698 $134,900 $30,000 $104,900
2016 $2,672 $133,560 $30,000 $103,560
2014 $2,606 $130,300 $22,500 $107,800
2013 $2,578 $128,900 $22,500 $106,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2019

    Chelsea Smith

    Keller Williams Lafayette

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Map

Source: Indiana Regional MLS

MLS Number: 201932966

Indiana Regional MLS

APN: 79-11-09-226-007.000-032

Indiana Tippecanoe County Lafayette 47909 Bridge Water

2221 Bridgewater Cir, Lafayette, IN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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