$112,000
SOLD JUN 28, 2021

2415 Kossuth St Lafayette, IN 47904

2 Beds
2 Baths
1,176 Sq Ft
6,229 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

7% Below List Price

17 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1-Story Property
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

This home is located at 2415 Kossuth St, Lafayette, IN 47904 and is currently priced at $112,000, approximately $95 per square foot. This property was built in 1948. 2415 Kossuth St is a home located in Tippecanoe County with nearby schools including Oakland Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Last Agent to Sell the Property

Brent Parks

BW Parks Property Mgmt Listed on: 05/10/2021

Last Buyer's Agent

Spencer Childers

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1948

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 60x104
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Parking Spaces
  • Public Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for building insurance, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-28-432-001.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $110
  • Fuel Expense $110
  • Insurance Expense $800
  • Maintenance Expense $911
  • Trash Expense $60
  • Water Sewer Expense $240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,063

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1948
  • Age: 73
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LAFAYETTE CARPET COEX65 FTESIDE LOT 14 & EX 65 FT ESIDE LOT 15
  • Parcel Number ID: 79-07-28-432-001.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.41
  • Annual Miscellaneous: 300
  • Monthly Gross Income: 1265
  • 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: 95.24
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Mixed, Tile, Vinyl, Wood
  • Total Below Grade Sq Ft: 1176
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Gravel, Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Electric: 110
  • Annual Fuel Expense: 110
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 910.8
  • Annual Trash Expense: 60
  • Annual Water Sewer Expense: 240
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 60X104
  • Estimated Lot Sq Ft: 6229
  • Estimated Lot Size Acres: 0.143

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1265
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2063.1

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

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Range of Values:

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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: 202117988

Indiana Regional MLS

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