NOT LISTED FOR SALE

2701 Plaza Ln Lafayette, IN 47909

Old Romney Neighborhood

Estimated Value: $187,000 - $325,000

4 Beds
4 Baths
1,904 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $121,422 $64 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,495/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of January 2020

Investment Opportunity on Lafayette's southside. Located near shopping and restaurants and a short drive to Purdue. This is one of 4 listings in this neighborhood for seller.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 11/06/2019

@properties

Last Buyer's Agent

Sherry Cole

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1995

Lot Details

  • 9,792 Sq Ft Lot
  • Lot Dimensions are 120x86
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Mayflower Mill Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 79-11-06-232-015.000-033

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Age: 24
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: CRIBS R3 SD LOT 45
  • Parcel Number ID: 79-11-06-232-015.000-033
  • Platted: Yes
  • Amenities: Porch Covered
  • Inside City Limits: Yes
  • Parcel Id2: 79-11-06-232-015.000-033
  • Sp Lp Percent: 98
  • Monthly Gross Income: 1421
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1904
  • Total Finished Sq Ft: 1904
  • Above Grade Finished Sq Ft: 1904
  • Price Per Sq Ft: 63.77
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Mayflower Mill
  • Middle School: Southwestern
  • High School: Mc Cutcheon
  • Elementary School: Mayflower Mill

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120x86
  • Estimated Lot Sq Ft: 9792
  • Estimated Lot Size Acres: 0.22
  • Lot Number: 45

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 110100
  • Annual Property Tax: 2202

Multi Family

  • Gross Monthly Rent: 1421
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Mc Cutcheon
  • Middle School: Southwestern
  • School District: Tippecanoe School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 10, 2020
Sold by
Southwest Homebuilders Inc
Bought by
Rolley Homes Llc S Series 1
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$123,900
Sold Price
$121,422
Premium/Discount to List
-$2,478
-2%
Total Days on Market
2
Current Estimated Value
$239,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,343
Avg. Annual Appreciation
13.45%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Agenter Bruce
Bought by
Southwest Homebuilders Inc

Purchase Details

Listed on
Dec 23, 2011
Closed on
Mar 29, 2012
Sold by
Wilson Donna Marie
Bought by
A & B Investments Inc
Seller's Agent
Jan Dowell
F.C. Tucker/Shook
Buyer's Agent
Jan Dowell
F.C. Tucker/Shook
List Price
$65,000
Sold Price
$110,500
Premium/Discount to List
$45,500
70%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Apr 5, 2006
Sold by
Cribs Llc
Bought by
Wilson Donna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,285
Interest Rate
6.42%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rolley Homes Llc S Series 1 $129,600 Metropolitan Title
Southwest Homebuilders Inc -- None Available
A & B Investments Inc -- None Available
Wilson Donna Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Donna Marie $20,285
Previous Owner Wilson Donna Marie $108,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $121,422 -2.0% $64 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $123,900 +12.1% $65 / Sq Ft
04/03/2012 04/03/12 Sold $110,500 +70.0% $58 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $65,000 -- $34 / 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 $2,660 $185,600 $25,200 $160,400
2023 $2,660 $133,000 $25,200 $107,800
2022 $2,660 $133,000 $25,200 $107,800
2021 $2,558 $127,900 $25,200 $102,700
2020 $2,284 $114,200 $25,200 $89,000
2019 $2,284 $114,200 $25,200 $89,000
2018 $2,202 $110,100 $25,200 $84,900
2017 $2,128 $106,400 $25,200 $81,200
2016 $2,128 $106,400 $25,200 $81,200
2014 $2,060 $103,000 $25,200 $77,800
2013 $2,038 $101,900 $25,200 $76,700
Source: Public Records

Agents Affiliated with this Home

  • Cathy Russell

    Seller's Agent in 2020

    Cathy Russell

    @properties

    (765) 426-7000

    14 in this area

    697 Total Sales

    Cathy Russell
    Section Image
  • Sherry Cole

    Buyer's Agent in 2020

    Sherry Cole

    Keller Williams Lafayette

    (765) 426-9442

    8 in this area

    697 Total Sales

    Sherry Cole
    Section Image
  • Jan Dowell

    Seller's Agent in 2012

    Jan Dowell

    F.C. Tucker/Shook

    (765) 491-6068

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201948702

Indiana Regional MLS

APN: 79-11-06-232-015.000-033

Indiana Tippecanoe County Lafayette 47909 Old Romney

2701 Plaza Ln, Lafayette, IN

This home is located at 2701 Plaza Ln, Lafayette, IN 47909 since 06 November 2019 and is currently estimated at $239,765, approximately $125 per square foot. This property was built in 1995. 2701 Plaza Ln is a home located in Tippecanoe County with nearby schools including Mayflower Mill Elementary School, Southwestern Middle School, and McCutcheon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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