NOT LISTED FOR SALE

Estimated Value: $156,000 - $200,000

4 Beds
3 Baths
1,923 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $155,000 $81 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,091/month

14 Days on Market

Highlights

  • Detached Second Garage
  • Covered patio or porch
  • Laundry closet
  • Wood Flooring
  • 1 Car Detached Garage
  • Ceiling height of 9 feet or more

About This Home

As of August 2022

Income producing duplex in the heart of Lafayette! Loaded with charm only found in an older home, such as high ceilings, hardwood floors, and a gorgeous built-in buffet cabinet! The main floor unit, 2817 South Street, has 3 bedrooms, 2 full bathrooms which were completely renovated in 2021, large kitchen including all appliances, access to the unfinished basement offering additional storage and laundry with included washer and dryer, off-street parking AND a single-car, detached garage. The upper unit, 2815 South Street, is currently rented through July 2023 for $650 per month. This home features one bedroom, one bath with an attractive, free-standing tub, kitchen appliances included, updated electrical wiring in 2020, and a private entrance with off-street parking. The lower unit has been rented for $1095, but is awaiting a new owner. New roof 2020 and new gutters 2021. Inspections are welcome, but being sold AS IS.

Last Agent to Sell the Property

Joe Stanis

F.C. Tucker/Shook Listed on: 07/29/2022

F.C. Tucker/Shook

Last Buyer's Agent

Carlos Bonilla

BerkshireHathaway HS IN Realty

BerkshireHathaway HS IN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1877

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry closet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Detached Second Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Murdock Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, sewer, water
  • The owner pays for building insurance, tax, water
  • Assessor Parcel Number 79-07-27-103-038.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,858
  • Water Sewer Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,738

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1877
  • Age: 145
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: BELT RY ADDN LOT 4 BLOCK 4
  • Parcel Number ID: 79-07-27-103-038.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb, Near College Campus
  • Road Surface: Paved
  • Sp Lp Percent: 88.57
  • Monthly Gross Income: 1745
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2829
  • Total Finished Sq Ft: 1923
  • Above Grade Finished Sq Ft: 1923
  • Above Grade Unfinished Sq Ft: 273
  • Below Grade Sq Ft: 633
  • Price Per Sq Ft: 80.6
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Wood
  • Total Below Grade Sq Ft: 633
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 220

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

  • Cooling: Window
  • 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: 1858
  • Annual Water Sewer Expense: 360
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6273
  • Estimated Lot Size Acres: 0.144

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax, Water
  • Tenant Pays: Cable, Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1748
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1738

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 26, 2022
Sold by
Packline Properties Llc
Bought by
Munoz-Robledo Teresita
Seller's Agent
Joe Stanis
F.C. Tucker/Shook
Buyer's Agent
Carlos Bonilla
BerkshireHathaway HS IN Realty
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Views
6
Current Estimated Value
$174,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,260
Avg. Annual Appreciation
4.23%

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 12, 2019
Sold by
Yin Yichuan
Bought by
Packline Properties Llc
Seller's Agent
Tara Hines
F.C. Tucker/Shook
Buyer's Agent
Lori Crampton
MA REALTY
List Price
$96,900
Sold Price
$85,000
Premium/Discount to List
-$11,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.02%
Original Mortgage
$79,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2016
Closed on
Jan 23, 2017
Sold by
Connelly Donald F and Connelly Janet B
Bought by
Yin Yichuan
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Russell Dickson
F C Tucker/Lafayette Inc
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.76%
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
Munoz-Robledo Teresita $155,000 Edmundson Kristen
Packline Properties Llc -- None Available
Yin Yichuan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Packline Properties Llc $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $155,000 -11.4% $81 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $175,000 +105.9% $91 / Sq Ft
12/19/2019 12/19/19 Sold $85,000 -8.6% $44 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $93,000 -4.0% $48 / Sq Ft
09/03/2019 09/03/19 For Sale $96,900 0.0% $50 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $96,900 -3.0% $50 / Sq Ft
02/11/2019 02/11/19 Price Changed $99,900 -9.1% $52 / Sq Ft
10/19/2018 10/19/18 Price Changed $109,900 -4.4% $57 / Sq Ft
10/03/2018 10/03/18 For Sale $115,000 +21.1% $60 / Sq Ft
01/23/2017 01/23/17 Sold $95,000 -13.6% $49 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
08/19/2016 08/19/16 For Sale $110,000 -- $57 / 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 $1,988 $149,200 $18,000 $131,200
2023 $1,988 $99,400 $18,000 $81,400
2022 $1,912 $95,600 $18,000 $77,600
2021 $1,738 $86,900 $18,000 $68,900
2020 $1,738 $86,900 $18,000 $68,900
2019 $1,738 $86,900 $16,200 $70,700
2018 $1,688 $84,400 $16,200 $68,200
2017 $1,642 $82,100 $16,200 $65,900
2016 $1,614 $80,670 $16,200 $64,470
2014 $1,528 $76,400 $16,200 $60,200
2013 $1,438 $71,900 $16,200 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202231420

Indiana Regional MLS

APN: 79-07-27-103-038.000-004