NOT LISTED FOR SALE

Estimated Value: $208,272 - $291,000

8 Beds
4 Baths
3,112 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $126,500 $41 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,581/month

29 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Carpet
  • Eat-In Kitchen
  • Level Lot
  • 3-minute walk to South Tipp Park

About This Home

As of June 2017

Super investment property near the heart of downtown Lafayette! 3 of 4 units rented currently. Photos are of Unit C upstairs.

Last Listed By

Eric Seymour

BerkshireHathaway HS IN Realty Listed on: 01/27/2017

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, cooling, electric
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 79-07-29-210-009.000-004

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $250
  • Insurance Expense $1,600
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,850

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: S Romigs Addn Lot 41
  • Parcel Number ID: 79-07-29-210-009.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Balcony, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen
  • Inside City Limits: Yes
  • Parcel Id2: 156-07500-0180
  • Sp Lp Percent: 93.7
  • Monthly Gross Income: 2200
  • Special Features: None

Interior Features

  • Total Sq Ft: 3112
  • Total Finished Sq Ft: 3112
  • Above Grade Finished Sq Ft: 3112
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 250
  • Annual Insurance Expense: 1600
  • Annual Maintenance Expense: 1500

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X132
  • Estimated Lot Sq Ft: 6600
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year, Negotiable
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Cable, Cooling, Electric

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2017
Sold by
Beal W Catherine
Bought by
Brownstone Development P2 Llc
Total Days on Market
29
Current Estimated Value
$247,091

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Brownstone Development P2 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brownstone Dev P2 Llc $42,000
Closed Brownstone Development P2 Llc $181,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $126,500 -6.3% $41 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $135,000 -- $43 / 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 $2,463 $212,700 $13,000 $199,700
2023 $2,463 $123,100 $13,000 $110,100
2022 $2,358 $117,800 $13,000 $104,800
2021 $2,051 $102,400 $13,000 $89,400
2020 $2,051 $102,400 $13,000 $89,400
2019 $1,973 $98,500 $10,000 $88,500
2018 $1,973 $98,500 $10,000 $88,500
2017 $1,921 $95,900 $10,000 $85,900
2016 $1,900 $94,920 $10,000 $84,920
2014 $1,814 $90,600 $10,000 $80,600
2013 $1,674 $83,600 $10,000 $73,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201703475

Indiana Regional MLS

APN: 79-07-29-210-009.000-004