NOT LISTED FOR SALE

Estimated Value: $165,000 - $296,000

2 Beds
2 Baths
1,344 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $107,310 $80 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,301/month

2 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of January 2020

Investment opportunity on Lafayette's Southside. Close to shopping and dining. 2826 is currently rented, the other unit is vacant.

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

  • $2,014

Year Built

  • Built in 1995

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 87x123
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 79-11-06-232-006.000-033

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

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: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CRIBS R3 SD LOT 36
  • Parcel Number ID: 79-11-06-232-006.000-033
  • Platted: Yes
  • Amenities: Cable Available
  • Inside City Limits: Yes
  • Sp Lp Percent: 98
  • Monthly Gross Income: 1390
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1344
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Price Per Sq Ft: 79.84
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

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: 87x123
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

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

Multi Family

  • Gross Monthly Rent: 625
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2014

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 2
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Sherry Cole
Keller Williams Lafayette
List Price
$109,500
Sold Price
$107,310
Premium/Discount to List
-$2,190
-2%
Total Days on Market
2
Current Estimated Value
$208,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,368
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Jan 9, 2019
Sold by
Tippecanoe County Sheriff
Bought by
Southwest Homebuilders

Purchase Details

Closed on
Apr 5, 2006
Sold by
Cribs Llc
Bought by
Hewitt Darryl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,025
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Rolley Homes Llc S Series 2 $120,400 Metropolitan Title
Southwest Homebuilders -- None Available
Hewitt Darryl W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hewitt Darryl W $17,025
Previous Owner Hewitt Darryl W $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $107,310 -2.0% $80 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $109,500 -- $81 / 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 $2,330 $115,900 $25,200 $90,700
2023 $2,330 $116,500 $25,200 $91,300
2022 $2,330 $116,500 $25,200 $91,300
2021 $2,240 $112,000 $25,200 $86,800
2020 $1,898 $94,900 $25,200 $69,700
2019 $1,898 $94,900 $25,200 $69,700
2018 $1,830 $91,500 $25,200 $66,300
2017 $1,768 $88,400 $25,200 $63,200
2016 $1,768 $88,400 $25,200 $63,200
2014 $1,712 $85,600 $25,200 $60,400
2013 $1,694 $84,700 $25,200 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201948743

Indiana Regional MLS

APN: 79-11-06-232-006.000-033