2436 Wallace Ave Lafayette, IN 47904
Columbian Park Neighborhood
4
Beds
2
Baths
2,344
Sq Ft
6,273
Sq Ft Lot
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Level Lot
- Eat-In Kitchen
- Ceiling Fan
- 2-minute walk to Columbian Park
About This Home
As of October 2023Duplex home in PRIME LOCATION -- right across the street from Columbian Park! Large, tree-lined corner lot. Main floor apartment is completely renovated with new flooring, windows, nice kitchen & nook, 2 living rooms, 2 beds and 1 bath, and nice covered front porch. Upstairs apartment also has 2 spacious bedrooms and 1 bath, with access to a large storage space on main floor. Both units have a washer/dryer set. The home has 2 brand new furnace systems & water heaters. Well maintained investment property! This duplex has excellent cash-flow potential! And in a perfect location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,178
Year Built
- Built in 1925
Lot Details
- 6,273 Sq Ft Lot
- Lot Dimensions are 65x74
- Level Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,344 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Laminate Flooring
- Unfinished Basement
- Block Basement Construction
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Location
- Suburban Location
Schools
- Oakland Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 79-07-28-278-001.000-004
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,062
- Trash Expense $45
- Water Sewer Expense $45
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
Total Days on Market
0
Current Estimated Value
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
2.86%
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%
Similar Homes in Lafayette, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $1,801 | $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
-
Seller's Agent in 2023
Rebecca Gibson
Raeco Realty
(765) 586-0973
8 in this area
334 Total Sales
-
Buyer's Agent in 2023
Shane Childers
Keller Williams Lafayette
(765) 413-6046
3 in this area
52 Total Sales
-
G
Seller's Agent in 2017
Gary Thompson
Keller Williams Lafayette
-
M
Buyer's Agent in 2017
Meg Howlett
F.C. Tucker/Shook
Map
Source: Indiana Regional MLS
MLS Number: 202332388
APN: 79-07-28-278-001.000-004
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