NOT LISTED FOR SALE

2811 Duroc Dr Lafayette, IN 47909

Estimated Value: $222,000 - $437,000

4 Beds
4 Baths
970 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $133,000 $137 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,797/month

68 Days on Market

Highlights

  • Senior Community
  • Luxury Vinyl Tile Flooring
  • 2 Car Garage
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2016

Nice rental property with both sides rented month to month. Close walking distance to Armstrong Park. Great income opportunity!

Last Agent to Sell the Property

Mary Holtz

Indiana Integrity REALTORS Listed on: 04/22/2016

Last Buyer's Agent

Mary Holtz

Indiana Integrity REALTORS Listed on: 04/22/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1994

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 80x340
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Earhart 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

  • Homestead Exemption
  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 79-11-05-201-002.000-032

Community Details

Overview

  • Senior Community
  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Abbington Farms SD Lot 2 |
  • Parcel Number ID: 79-11-05-201-002.000-032
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 970
  • Total Finished Sq Ft: 970
  • Above Grade Finished Sq Ft: 970
  • Price Per Sq Ft: 137.11
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 300
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x340
  • Estimated Lot Sq Ft: 27007
  • Estimated Lot Size Acres: 0.62

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Exemptions: Over 65, Homestead
  • Annual Property Tax: 1097

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Aug 23, 2016
Sold by
Campos Ascencion A
Bought by
Orellana Adan A
Seller's Agent
Mary Holtz
Indiana Integrity REALTORS
Buyer's Agent
Mary Holtz
Indiana Integrity REALTORS
List Price
$140,000
Sold Price
$133,000
Premium/Discount to List
-$7,000
-5%
Current Estimated Value
$294,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,961
Avg. Annual Appreciation
6.75%
Original Mortgage
$130,591
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2016
Sold by
Campos Lilia
Bought by
Campos Ascencion A

Purchase Details

Closed on
Jan 21, 2015
Sold by
Campos Jaime Mota and Campos Jose R
Bought by
Camos Lilia

Purchase Details

Closed on
May 7, 2007
Sold by
Campos Ascencion A and Campos Teresita M
Bought by
Campos Lilia and Campos Jaime Mota
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
Orellana Adan A -- --
Campos Ascencion A -- --
Camos Lilia -- --
Campos Lilia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Adan A $174,501
Closed Orellana Adan A $130,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $133,000 -5.0% $137 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $140,000 -- $144 / 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 $1,849 $213,500 $22,500 $191,000
2023 $1,849 $146,600 $22,500 $124,100
2022 $1,775 $141,000 $22,500 $118,500
2021 $1,715 $135,600 $22,500 $113,100
2020 $1,438 $114,900 $22,500 $92,400
2019 $1,435 $114,900 $22,500 $92,400
2018 $1,439 $114,900 $22,500 $92,400
2017 $1,434 $114,900 $22,500 $92,400
2016 $1,448 $111,315 $22,500 $88,815
2014 $2,196 $109,600 $22,500 $87,100
2013 $2,178 $108,900 $22,500 $86,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201617491

Indiana Regional MLS

APN: 79-11-05-201-002.000-032