$83,000
SOLD JAN 20, 2017
4 Beds
2 Baths
1,709 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

7% Below List Price

84 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 2-minute walk to Columbian Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2023

Great investment opportunity! 2 units, both currently rented for a gross monthly income of $1175!

Last Agent to Sell the Property

Gary Thompson

Keller Williams Lafayette Listed on: 09/23/2016

Last Buyer's Agent

Meg Howlett

F.C. Tucker/Shook

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x130
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,709 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance
  • The owner pays for water
  • Assessor Parcel Number 79-07-28-278-001.000-004

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Water Sewer Expense $1,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 91
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DELT RY ADDN 1 - FT NEW SIDE LOT 8& ALL LOT 9 BLK 29
  • Parcel Number ID: 79-07-28-278-001.000-004
  • Platted: Yes
  • Amenities: Cable Available, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.26
  • Special Features: None

Interior Features

  • Total Sq Ft: 1709
  • Total Finished Sq Ft: 1709
  • Above Grade Finished Sq Ft: 1709
  • Price Per Sq Ft: 48.57
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1080

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62x130
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Water
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Stahlnecker Devin R and Coleman Hailey R
Bought by
Union Lake Holdings Llc
Current Estimated Value
$207,595

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 5, 2023
Sold by
Hms Property Llc
Bought by
Stahlnecker Devin R and Coleman Hailey R
Seller's Agent
Rebecca Gibson
Raeco Realty
Buyer's Agent
Shane Childers
Keller Williams Lafayette
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$201,286
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2016
Closed on
Jan 20, 2017
Sold by
Wilhoite Daniel E and Wilhoite Carol Y
Bought by
Hms Property Llc
Seller's Agent
Gary Thompson
Keller Williams Lafayette
Buyer's Agent
Meg Howlett
F.C. Tucker/Shook
List Price
$89,000
Sold Price
$83,000
Premium/Discount to List
-$6,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
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 -- Metropolitan Title
Warranty Deed $220,000 Metropolitan Title
Warranty Deed $205,000 Metropolitan Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,536 FHA
Previous Owner $201,286 FHA
Previous Owner $64,725 Commercial
Previous Owner $88,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $205,000 +5.1% $87 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $195,000 +134.9% $83 / Sq Ft
01/20/2017 01/20/17 Sold $83,000 -6.7% $49 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $89,000 -- $52 / 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 $1,423 $143,200 $18,000 $125,200
2023 $1,423 $113,300 $18,000 $95,300
2022 $2,178 $108,900 $18,000 $90,900
2021 $1,980 $99,000 $18,000 $81,000
2020 $1,920 $96,000 $18,000 $78,000
2019 $1,920 $96,000 $24,300 $71,700
2018 $1,864 $93,200 $24,300 $68,900
2017 $1,814 $90,700 $24,300 $66,400
2016 $1,796 $89,790 $24,300 $65,490
2014 $1,706 $85,300 $24,300 $61,000
2013 $1,640 $82,000 $24,300 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201644878

Indiana Regional MLS

APN: 79-07-28-278-001.000-004