NOT LISTED FOR SALE

2714 Plaza Ln Lafayette, IN 47909

Old Romney Neighborhood

Estimated Value: $141,000 - $259,000

2 Beds
2 Baths
1,344 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $115,000 $86 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,342/month

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Carpet
  • Laundry in Utility Room
  • Level Lot
  • 1-Story Property

About This Home

As of August 2020

A great cash flowing property in a high demand neighborhood! Both units are rented and both tenants have been there 5+ years and would like to stay. Units are rented for $685 and $690 / month. HOA covers trash, lawn care, snow removal, and street repairs. One car attached garage for each unit.

Last Agent to Sell the Property

Benjaman Vincent

F.C. Tucker/Shook Listed on: 07/02/2020

F.C. Tucker/Shook

Last Buyer's Agent

Benjaman Vincent

F.C. Tucker/Shook Listed on: 07/02/2020

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1995

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 67x100
  • Level Lot

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Fire and Smoke Detector
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Location

  • Suburban Location

Schools

  • Mintonye Elementary School
  • Southwestern Middle School
  • Mc Cutcheon High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water, deposit value
  • The owner pays for association dues, building insurance, maintenance
  • Assessor Parcel Number 79-11-06-229-004.000-033

Community Details

Overview

  • 2 Units
  • White Pines Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Maintenance Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1995

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Age: 25
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cribs A3 SD Lot 4
  • Parcel Number ID: 79-11-06-229-004.000-033
  • Platted: Yes
  • Amenities: Cable Ready, Detector-Smoke, Garage Door Opener, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92
  • Monthly Gross Income: 1375
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Price Per Sq Ft: 85.57
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Maintenance Expense: 750
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Fees: 210
  • Association Fees Frequency: Quarterly

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 67x100
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Building Insurance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water, Deposit Value

Multi Family

  • Gross Monthly Rent: 1375
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2090

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
Jul 2, 2020
Closed on
Aug 5, 2020
Sold by
Woodberry Properties Llc
Bought by
Zook Blaire and Zook Saramay
Seller's Agent
Benjaman Vincent
F.C. Tucker/Shook
Buyer's Agent
Benjaman Vincent
F.C. Tucker/Shook
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Total Days on Market
0
Current Estimated Value
$199,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,255
Avg. Annual Appreciation
12.08%
Original Mortgage
$84,000
Outstanding Balance
$75,474
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$123,781

Purchase Details

Closed on
Sep 27, 2010
Sold by
Michael Medico & Woodberry Pro
Bought by
Woodberry Properties Llc

Purchase Details

Closed on
Sep 16, 2010
Sold by
Medico Michael and Moore Corey
Bought by
Michael Medico & Woodberry Pro

Purchase Details

Closed on
Apr 5, 2006
Sold by
Cribs Llc
Bought by
Medico Michael and Moore Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Zook Blaire -- None Available
Woodberry Properties Llc -- --
Michael Medico & Woodberry Pro -- --
Medico Michael -- Hbi Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zook Blaire $84,000
Previous Owner Medico Michael $108,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $115,000 -8.0% $86 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $125,000 -- $93 / 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 $2,564 $125,300 $25,200 $100,100
2023 $2,564 $128,200 $25,200 $103,000
2022 $2,564 $128,200 $25,200 $103,000
2021 $2,466 $123,300 $25,200 $98,100
2020 $2,090 $104,500 $25,200 $79,300
2019 $2,090 $104,500 $25,200 $79,300
2018 $2,014 $100,700 $25,200 $75,500
2017 $1,946 $97,300 $25,200 $72,100
2016 $1,946 $97,300 $25,200 $72,100
2014 $1,884 $94,200 $25,200 $69,000
2013 $1,864 $93,200 $25,200 $68,000
Source: Public Records

Agents Affiliated with this Home

  • Benjaman Vincent

    Seller's Agent in 2020

    Benjaman Vincent

    F.C. Tucker/Shook

    (317) 778-2555

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Map

Source: Indiana Regional MLS

MLS Number: 202025096

Indiana Regional MLS

APN: 79-11-06-229-004.000-033

Indiana Tippecanoe County Lafayette 47909 Old Romney

2714 Plaza Ln, Lafayette, IN

This home is located at 2714 Plaza Ln, Lafayette, IN 47909 since 02 July 2020 and is currently estimated at $199,255, approximately $148 per square foot. This property was built in 1995. 2714 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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