$85,000
SOLD DEC 19, 2019
4 Beds
3 Baths
1,923 Sq Ft
6,229 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

12% Below List Price

418 Days on Market

Highlights

  • Detached Second Garage
  • Wood Flooring
  • Eat-In Kitchen
  • Traditional Architecture
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of August 2022

Instant income of $1250/mo with this fully rented duplex! Main level is 3 BR, 2 bath unit with dining and living room, leased through 3/31/19. Upper unit is 1 BR, 1 bath with kitchen appliances and leased through 4/30/19. Great deal for a well-performing rental!

Last Agent to Sell the Property

Tara Hines

F.C. Tucker/Shook Listed on: 10/03/2018

F.C. Tucker/Shook

Last Buyer's Agent

Lori Crampton

MA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1877

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Detached Second Garage
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-27-103-038.000-004

Community Details

Overview

  • 2 Units
  • Belt Ry Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,403
  • Maintenance Expense $1,878
  • Water Sewer Expense $718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,642

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1877
  • Age: 142
  • Style: Two Story
  • Architectural Style: Traditional
  • 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: Ceiling Fan, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Porch Open
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.4
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2556
  • Total Finished Sq Ft: 1923
  • Above Grade Finished Sq Ft: 1923
  • Below Grade Sq Ft: 633
  • Price Per Sq Ft: 44.2
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Laminate, Wood
  • Main Level Sq Ft: 1203
  • Total Below Grade Sq Ft: 633
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 220

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1403
  • Annual Maintenance Expense: 1878.11
  • Annual Water Sewer Expense: 717.56
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6229
  • Estimated Lot Size Acres: 0.143

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1642

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
$175,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,766
Avg. Annual Appreciation
4.07%

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

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 Type Sale Price Title Company
Warranty Deed $155,000 Edmundson Kristen
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,200 New Conventional
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 $2,984 $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: 201844780

Indiana Regional MLS

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