NOT LISTED FOR SALE

2420 Edison Dr West Lafayette, IN 47906

Estimated Value: $343,533 - $374,000

6 Beds
6 Baths
3,130 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $190,000 $61 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,299/month

22 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Vaulted Ceiling
  • Klondike Middle School Rated A-
  • Lake, Pond or Stream
  • Covered patio or porch

About This Home

As of October 2013

Super nice and easy to rent!!!! Close to campus. Gorgeous pond view. Nice sized yards. Live on one side and lease out the other.

Last Agent to Sell the Property

Darcy Weston

Darcy Weston RE Listed on: 08/27/2013

Last Buyer's Agent

Roderick Korty

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 2003

Lot Details

  • 10,824 Sq Ft Lot
  • Lot Dimensions are 82x132
  • Waterfront
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,130 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch

Schools

  • Klondike Elementary And Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, snow removal, trash collection, water
  • The owner pays for association dues, building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 79-06-10-402-029.000-022

Community Details

Overview

  • 2 Units
  • Lindberg Village Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,269

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 2003
  • Age: 10
  • Style: Two Story
  • Architectural Style: Contemporary
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: LINDBERG VILLAGE PH 1 + 2 LOT |
  • Parcel Number ID: 79-06-10-402-029.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Ready, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Foyer Entry, Garage Door Opener, Patio Open, Porch Covered, Water Heater Gas
  • Location: Rural Subdivision
  • Sp Lp Percent: 95.05
  • Monthly Gross Income: 1815
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 3130
  • Total Finished Sq Ft: 3130
  • Above Grade Finished Sq Ft: 3130
  • Price Per Sq Ft: 60.7
  • Flooring: Carpet, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: Pond
  • Annual Insurance Expense: 894
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 220

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Klondike
  • Middle School: Klondike
  • High School: William Henry Harrison
  • Elementary School: Klondike

Lot Info

  • Lot Description: Level, Waterfront
  • Lot Dimensions: 82x132
  • Estimated Lot Sq Ft: 10824
  • Estimated Lot Size Acres: 0.24

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Association Dues, Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Snow Removal, Trash Collection, Water

Tax Info

  • Total Assessed Value: 206100
  • Annual Property Tax: 3269

Multi Family

  • Gross Monthly Rent: 1815
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: William Henry Harrison
  • Middle School: Klondike
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Oct 1, 2013
Sold by
Lafayeette Holdings Group Llc
Bought by
Burton David A and Garcia Mireya
Seller's Agent
Darcy Weston
Darcy Weston RE
Buyer's Agent
Roderick Korty
Keller Williams Lafayette
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$360,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,383
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
May 17, 2011
Sold by
Queenan J Kevin and Queenan Angi M
Bought by
Lafayette Holdings Group Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Kimbarlin Llc
Bought by
Queenan J Kevin and Queenan Angi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Abbington Development Llc
Bought by
Kimbarlin Llc
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
Burton David A -- --
Lafayette Holdings Group Llc -- None Available
Queenan J Kevin -- None Available
Kimbarlin Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton David $142,500
Previous Owner Queenan J Kevin $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $190,000 -5.0% $61 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $199,900 -- $64 / 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 $3,505 $257,200 $40,000 $217,200
2023 $3,505 $232,400 $40,000 $192,400
2022 $3,367 $223,500 $40,000 $183,500
2021 $3,099 $212,900 $40,000 $172,900
2020 $3,079 $204,600 $40,000 $164,600
2019 $3,000 $204,600 $40,000 $164,600
2018 $2,840 $197,700 $27,900 $169,800
2017 $2,798 $197,700 $27,900 $169,800
2016 $2,737 $193,860 $27,900 $165,960
2014 $2,758 $199,800 $27,900 $171,900
2013 $2,959 $199,800 $27,900 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201312133

Indiana Regional MLS

APN: 79-06-10-402-029.000-022