$86,500
SOLD JUN 23, 2020

2415 Kossuth St Lafayette, IN 47904

4 Beds
2 Baths
1,176 Sq Ft
6,242 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

9% Below List Price

20 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of June 2021

Great investment potential. This is one of 13 properties up for sale.

Last Agent to Sell the Property

Lisa Dague

Lisa Dague Realty Listed on: 03/12/2020

Last Buyer's Agent

Brent Parks

BW Parks Property Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1948

Lot Details

  • 6,242 Sq Ft Lot
  • Lot Dimensions are 60x104
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-28-432-001.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,672

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1948
  • Age: 72
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lafayette Carpet Co Ex 65 FTE Side Lot 14 & Ex 65 Ft E Side Lot 15
  • Parcel Number ID: 79-07-28-432-001.000-004
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Sp Lp Percent: 91.05
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2352
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Sq Ft: 1176
  • Price Per Sq Ft: 73.55
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1176
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 400

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

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: 60x104
  • Estimated Lot Sq Ft: 6242
  • Estimated Lot Size Acres: 0.1433

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1672

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 25, 2021
Sold by
Te Investment Llc
Bought by
Sjinvestments1 Llc
Seller's Agent
Brent Parks
BW Parks Property Mgmt
Buyer's Agent
Spencer Childers
Keller Williams Lafayette
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%
Current Estimated Value
$139,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,877
Avg. Annual Appreciation
7.05%
Original Mortgage
$84,000
Outstanding Balance
$71,719
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$75,590

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 18, 2020
Sold by
Rempro Llc
Bought by
Te Investments Llc
Seller's Agent
Lisa Dague
Lisa Dague Realty
Buyer's Agent
Brent Parks
BW Parks Property Mgmt
List Price
$95,000
Sold Price
$86,500
Premium/Discount to List
-$8,500
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.15%
Original Mortgage
$185,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2014
Sold by
Rch Properties Llc
Bought by
Rempro Llc

Purchase Details

Closed on
Sep 17, 2009
Sold by
The Huntington National Bank
Bought by
Rch Properties Llc

Purchase Details

Closed on
Jun 22, 2004
Sold by
Mcalister Lou and Mcalister Hee Suk
Bought by
Mcalister Louie D and Mcalister Hee Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.62%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $112,000 None Available
Warranty Deed -- Metropolitan Title
Warranty Deed -- --
Corporate Deed -- Hbi Title Services Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 Commercial
Closed $84,000 Commercial
Previous Owner $185,000 New Conventional
Previous Owner $45,000 Commercial
Previous Owner $84,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $112,000 -6.6% $95 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $119,900 +38.6% $102 / Sq Ft
06/23/2020 06/23/20 Sold $86,500 -8.9% $74 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $95,000 -- $81 / 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 $2,402 $120,100 $18,000 $102,100
2023 $1,914 $95,700 $18,000 $77,700
2022 $1,840 $92,000 $18,000 $74,000
2021 $1,672 $83,600 $18,000 $65,600
2020 $1,672 $83,600 $18,000 $65,600
2019 $1,672 $83,600 $25,700 $57,900
2018 $1,672 $83,600 $25,700 $57,900
2017 $1,642 $82,100 $25,700 $56,400
2016 $1,548 $77,400 $25,700 $51,700
2014 $1,470 $73,500 $25,700 $47,800
2013 $1,458 $72,900 $25,700 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202009587

Indiana Regional MLS

APN: 79-07-28-432-001.000-004