NOT LISTED FOR SALE

2541 Neil Armstrong Dr Unit R West Lafayette, IN 47906

Estimated Value: $127,000 - $162,000

3 Beds
2 Baths
1,100 Sq Ft
$120/mo HOA Fee

Last Sold March 03, 2017

Last sale price $66,500 $60 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $949/month

133 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Eat-In Kitchen
  • Klondike Middle School Rated A-
  • Cul-De-Sac
  • Bathtub with Shower

About This Home

As of March 2017

Very convenient location in West Lafayette near Purdue. Instant income potential! Nice size with 3 BR, 2 full baths. Good investment opportunity. HOA covers maintenance of the grounds, the exterior of the building maintenance, maintenance of common areas, payment of HOA insurance and common area utilities, trash and snow removal.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 09/14/2016

@properties

Last Buyer's Agent

Cathy Russell

@properties Listed on: 09/14/2016

@properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Sloped Lot

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 79-06-12-006-014.900-034

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1985
  • Age: 32
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FRANKLIN PARK CONDOMINIUM UNIT R
  • Parcel Number ID: 79-06-12-006-014.900-034
  • Platted: Yes
  • Amenities: Balcony, Breakfast Bar, Cable Available, Ceiling-9+, Ceilings-Vaulted, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Sagm Pkwy W/Northwestern
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 86.93
  • State Id: 970006000140
  • Special Features: None

Interior Features

  • Total Sq Ft: 1100
  • Total Finished Sq Ft: 1100
  • Above Grade Finished Sq Ft: 1100
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x15, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Breakfast Room: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 11x15, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Main Level Sq Ft: 1100
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 5xMain, On Level: 7

Condo/Co-op/Association

  • Association Fees: 120
  • Association Fees Frequency: Monthly

Schools

  • School District: West Lafayette Community School Corp.
  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette

Lot Info

  • Lot Description: Cul-De-Sac, Slope, 0-2.9999
  • Lot Dimensions: .066
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06
  • Zoning: PUD Planned Unit Development District

Tax Info

  • Annual Taxes: 1800.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Jang Sungwoo and Jang Candace Yeyong
Bought by
Jang Eli Oongji and Jang Paul Taekim
Current Estimated Value
$150,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2020
Sold by
Jang Sungwoo and Jang Eli Oongji
Bought by
Jang Sungwoo and Jang Candace Yeyang

Purchase Details

Closed on
Apr 24, 2020
Sold by
Laster Lori M and Laster William J
Bought by
Jang Sungwoo and Jang Eli Oongji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
Sold by
Laster Lori M and Laster William J
Bought by
Laster Lori M and Laster William J

Purchase Details

Closed on
Jul 7, 2017
Sold by
Laster Lori
Bought by
Laster Lori M and Laster William J

Purchase Details

Listed on
Sep 14, 2016
Closed on
Mar 3, 2017
Sold by
Long James W and Long Suzanne G
Bought by
Laster Lori M
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$77,500
Sold Price
$66,500
Premium/Discount to List
-$11,000
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Long James D
Bought by
Long James W and Long Suzanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
First National Bank
Bought by
Long James W and Long Ajmes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Long James W and Long James D
Bought by
Long James W and Long James D

Purchase Details

Closed on
Jun 22, 2007
Sold by
Tombaugh Richard L and Tombaugh Jeannie Tombaugh
Bought by
Long James D and Long James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.37%
Mortgage Type
Unknown
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
Jang Eli Oongji -- Metropolitan Title
Jang Sungwoo -- None Available
Jang Sungwoo -- Metropolitan Title
Laster Lori M -- Metropolitan Title
Laster Lori M -- --
Laster Lori M -- --
Laster Lori M -- --
Long James W -- None Available
Long James W -- None Available
Long James W -- Meridian Title Corp
Long James D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jang Eli Oongji $67,200
Previous Owner Jang Sungwoo $68,000
Previous Owner Long James W $50,000
Previous Owner Long James D $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $66,500 -14.2% $60 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $77,500 -- $70 / 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 $363 $73,300 -- $73,300
2023 $354 $73,300 $0 $73,300
2022 $397 $73,300 $0 $73,300
2021 $404 $73,300 $0 $73,300
2020 $344 $63,700 $0 $63,700
2019 $342 $63,700 $0 $63,700
2018 $338 $63,700 $0 $63,700
2017 $361 $89,300 $16,600 $72,700
2016 $1,786 $89,300 $16,600 $72,700
2014 $1,705 $83,400 $16,600 $66,800
2013 $1,673 $81,100 $16,600 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201642844

Indiana Regional MLS

APN: 79-06-12-006-014.900-034