NOT LISTED FOR SALE

2225 Bridgewater Cir Lafayette, IN 47909

Bridge Water Neighborhood

Estimated Value: $244,000 - $314,799

4 Beds
4 Baths
2,132 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $180,000 $84 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,000/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

Great investment opportunity, if you are looking to add to your portfolio then this may be for you. Owner pays HOA annual fee of $120, Tenants pay all utilities, including Trash, water and sewer. 2 beds, 2 baths, open floor plan.

Last Agent to Sell the Property

Christine Woodcock

KCB Listed on: 07/31/2019

Last Buyer's Agent

Chelsea Smith

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 89x153
  • Backs to Open Ground
  • Level Lot

Home Design

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

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • 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
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, 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 79-11-09-226-008.000-032

Community Details

Overview

  • 2 Units
  • Mill Creek Subdivision

Building Details

  • Insurance Expense $846
  • 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
  • Age: 23
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MILLCREEK SD PH 1 LOT 99ANNEXED FROM 142 -00413-0268
  • Parcel Number ID: 79-11-09-226-008.000-032
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Cable Available, Countertops-Laminate, Open Floor Plan, Patio Open, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.24
  • Annual Miscellaneous: 400
  • Monthly Gross Income: 1890
  • Year Taxes Payable: 2,840
  • Special Features: None

Interior Features

  • Total Sq Ft: 2132
  • Total Finished Sq Ft: 2132
  • Above Grade Finished Sq Ft: 2132
  • Price Per Sq Ft: 84.43
  • 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

  • Number Of Parking Spaces: 2
  • Parking: Garage

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: 89X153

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1890
  • 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 Units Rented: 2

Tax Info

  • Annual Property Tax: 2840

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
$304,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,579
Original Mortgage
$540,000
Interest Rate
3.65%
Mortgage Type
New Conventional

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
$119,000
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

Purchase Details

Closed on
Apr 24, 2001
Sold by
Kiracofe Rentals Llc
Bought by
Kiracofe James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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
Vesity Properties Pu 1 Llc -- None Available
Brown Wayne -- None Available
D & D Llc -- --
Kiracofe James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varsity Properties Pu 1 Llc $636,000
Closed Vesity Properties Pu 1 Llc $540,000
Previous Owner Brown Wayne $119,000
Previous Owner Brown Wayne $25,000
Previous Owner Kiracofe James R $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $180,000 -4.8% $84 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $189,000 -- $89 / 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 $4,076 $203,800 $22,500 $181,300
2023 $3,396 $169,800 $22,500 $147,300
2022 $3,396 $169,800 $22,500 $147,300
2021 $3,266 $163,300 $22,500 $140,800
2020 $2,768 $138,400 $22,500 $115,900
2019 $2,768 $138,400 $22,500 $115,900
2018 $2,668 $133,400 $22,500 $110,900
2017 $2,578 $128,900 $30,000 $98,900
2016 $2,552 $127,610 $30,000 $97,610
2014 $2,496 $124,800 $22,500 $102,300
2013 $2,470 $123,500 $22,500 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Christine Woodcock

    Seller's Agent in 2019

    Christine Woodcock

    KCB

    (765) 404-1356

    8 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Chelsea Smith

    Keller Williams Lafayette

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201932992

Indiana Regional MLS

APN: 79-11-09-226-008.000-032

Indiana Tippecanoe County Lafayette 47909 Bridge Water

2225 Bridgewater Cir, Lafayette, IN

This home is located at 2225 Bridgewater Cir, Lafayette, IN 47909 since 31 July 2019 and is currently estimated at $286,450, approximately $134 per square foot. This property was built in 1996. 2225 Bridgewater Cir is a home located in Tippecanoe County with nearby schools including Amelia Earhart Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

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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