$270,000
SOLD MAR 31, 2015

225 S 4th St Lafayette, IN 47901

Ellsworth Romig Neighborhood
6 Beds
4 Baths
8,811 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

4% Below List Price

2 Days on Market

Highlights

  • Central Air
  • Carpet
  • 3-minute walk to South Tipp Park

About This Home

As of June 2017

Sold as a package deal 5 properties non member realtor. Parcel numbers 790727103020000004 790720254002000004 790728184004000004

Last Agent to Sell the Property

Matt Akers

Rainbow Realty

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x132
  • Irregular Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 8,811 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Edgar L Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 79-07-29-210-007.000-004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,590

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 115
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: from PRC Romigs ADDN Lot 39 |
  • Parcel Number ID: 79-07-29-210-007.000-004
  • Platted: Yes
  • Amenities: Cable Ready
  • Parcel Id2: 790721378005000004
  • Sp Lp Percent: 96.43
  • Monthly Gross Income: 1825
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 8811
  • Total Finished Sq Ft: 8811
  • Above Grade Finished Sq Ft: 8811
  • Price Per Sq Ft: 30.64
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2800
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Lafayette
  • Elementary School: Edgar L Miller
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
  • Elementary School: Edgar L Miller

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 50x132

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1825
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1590

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 16, 2017
Sold by
Drak Properties Llc
Bought by
Brownstone Dev P2 Llc
Seller's Agent
Cody Akers
Rainbow Realty
Buyer's Agent
Stephen Toyra
FRG Lafayette LLC
List Price
$130,000
Sold Price
$122,500
Premium/Discount to List
-$7,500
-5.77%
Total Days on Market
2
Current Estimated Value
$255,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,771
Avg. Annual Appreciation
9.04%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 31, 2015
Sold by
Wilhelm Properties I Llc
Bought by
Drak Properties Llc
Seller's Agent
Matt Akers
Rainbow Realty
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.07%
Original Mortgage
$318,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 30, 2015
Sold by
Wilhelm Properties I Llc
Bought by
Drak Properties Llc
Seller's Agent
Matt Akers
Rainbow Realty
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Wilhelm Anthony L
Bought by
Wilhelm Properties I Llc

Map

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 Type Sale Price Title Company
Deed -- --
Deed $54,000 --
Deed $54,000 --
Warranty Deed -- --
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $42,000 New Conventional
Closed $181,305 Seller Take Back
Previous Owner $318,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $122,500 -5.8% $62 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $130,000 -51.9% $66 / Sq Ft
03/31/2015 03/31/15 Sold $270,000 -3.6% $31 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $280,000 -- $32 / Sq Ft
Source: Indiana Regional MLS

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 $2,108 $229,800 $13,000 $216,800
2023 $2,108 $105,400 $13,000 $92,400
2022 $2,018 $100,900 $13,000 $87,900
2021 $2,104 $87,700 $13,000 $74,700
2020 $1,754 $87,700 $13,000 $74,700
2019 $1,754 $87,700 $10,000 $77,700
2018 $1,736 $86,800 $10,000 $76,800
2017 $1,690 $84,500 $10,000 $74,500
2016 $1,672 $83,640 $10,000 $73,640
2014 $1,590 $79,500 $10,000 $69,500
2013 $1,488 $74,400 $10,000 $64,400
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 201513548

Indiana Regional MLS

APN: 79-07-29-210-007.000-004

Indiana Tippecanoe County Lafayette 47901 Ellsworth Romig

225 S 4th St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 225 S 4th St, Lafayette, IN 47901 and is currently priced at $270,000, approximately $30 per square foot. This property was built in 1900. 225 S 4th St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High 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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