NOT LISTED FOR SALE

2409 State St Unit A & B Lafayette, IN 47905

Estimated Value: $195,000 - $237,000

2 Beds
1 Bath
1,576 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $205,000 $130 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,276/month

55 Days on Market

Highlights

  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Utility Room in Garage
  • Double Pane Windows
  • Ceiling Fan

About This Home

As of January 2023

Duplex has been a great income producing property, Unit B is leased and has been updated with newer appliances, paint and flooring. Unit A is clean and tidy and comes with the advantage of a single attached garage. Unit A is owner occupied at this time. There is a large parking area out front to accommodate several cars. opportunity for owner occupier or investors looking for a good rental income. Good location near Mall, schools etc. Back on market through no fault of seller or property

Last Agent to Sell the Property

Christine Woodcock

KCB Listed on: 11/15/2022

Last Buyer's Agent

Calvin Dykhuizen

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 100 x 60
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Utility Room in Garage
  • Washer Hookup
  • Exterior Basement Entry
  • Storm Doors
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

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

Schools

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cooling, heating
  • The owner pays for building insurance
  • Assessor Parcel Number 79-07-33-229-013.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,726

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1978
  • Age: 44
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: sweetbriar 4th S D Lot 3.
  • Parcel Number ID: 79-07-33-229-013.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Patio Open, Porch Covered, Storm Doors, Washer Hook-Up, Garage Utilities
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.47
  • Monthly Gross Income: 973
  • Year Taxes Payable: 1726.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 1576
  • Total Finished Sq Ft: 1576
  • Above Grade Finished Sq Ft: 1576
  • Price Per Sq Ft: 130.08
  • Basement Foundation: Slab, Outside Entrance
  • Flooring: Mixed
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt, Shingle
  • Fence: Partial
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 200
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 x 60
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Storm Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cooling, Heating

Multi Family

  • Gross Monthly Rent: 973
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1726

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 13, 2023
Sold by
Whiffed Alonzo K
Bought by
Clark Zane M
Seller's Agent
Christine Woodcock
KCB
Buyer's Agent
Calvin Dykhuizen
Trueblood Real Estate
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Views
29
Current Estimated Value
$222,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,395
Avg. Annual Appreciation
6.04%
Original Mortgage
$187,728
Outstanding Balance
$183,029
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$57,125

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 11, 2023
Sold by
Whitted Taylor A
Bought by
Whitted Alonzo K
Seller's Agent
Christine Woodcock
KCB
Buyer's Agent
Calvin Dykhuizen
Trueblood Real Estate
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,728
Outstanding Balance
$183,029
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$57,125

Purchase Details

Closed on
Sep 24, 2010
Sold by
Gunstra Bruce A and Gunstra Diane
Bought by
Ahh L L C
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
Clark Zane M $205,000 Metropolitan Title
Whitted Alonzo K -- --
Ahh L L C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Zane M $187,728
Previous Owner Whiffed Alonzo K $35,000
Previous Owner Whitted Alonzo K $30,000
Previous Owner Whitted Alonzo K $134,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $205,000 -3.5% $130 / Sq Ft
12/13/2022 12/13/22 Price Changed $212,500 -3.4% $135 / Sq Ft
11/15/2022 11/15/22 For Sale $220,000 -- $140 / 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 $1,212 $135,400 $24,000 $111,400
2023 $1,702 $135,400 $24,000 $111,400
2022 $2,708 $135,400 $24,000 $111,400
2021 $2,424 $121,200 $24,000 $97,200
2020 $1,393 $112,200 $24,000 $88,200
2019 $1,123 $86,300 $19,000 $67,300
2018 $1,726 $86,300 $19,000 $67,300
2017 $1,680 $84,000 $19,000 $65,000
2016 $1,662 $83,130 $19,000 $64,130
2014 $1,630 $81,500 $19,000 $62,500
2013 $1,612 $80,600 $19,000 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202246942

Indiana Regional MLS

APN: 79-07-33-229-013.000-004