NOT LISTED FOR SALE

2843 Plaza Ln Lafayette, IN 47909

Old Romney Neighborhood

Estimated Value: $193,000 - $325,000

4 Beds
4 Baths
1,904 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $125,000 $66 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,490/month

6 Days on Market

Highlights

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

About This Home

As of January 2020

Duplex with each side featuring 2 bed/2baths. Long term lease in place. Each side rents for approx. $650.00 a month. Roof replaced 2008, HVAC replaced 2010. Tenant in 2843 renews lease in 8/15/20. Tenant in 2845 renews lease 11/1/20. Tenants have been there 6 years and would like to stay.

Last Agent to Sell the Property

Jennifer O'Shea

Keller Williams Indy Metro NE Listed on: 11/27/2019

Keller Williams Indy Metro NE

Last Buyer's Agent

JB Farrell

Farrell Property

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 116x123
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • White Pines Subdivision

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 79-11-06-230-001.000-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: CRIBS R3 SD LOT 16
  • Parcel Number ID: 79-11-06-230-001.000-033
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1904
  • Total Finished Sq Ft: 1904
  • Above Grade Finished Sq Ft: 1904
  • Price Per Sq Ft: 65.65
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

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

Utilities

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

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: 116x123
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Rental Info

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

Multi Family

  • Gross Monthly Rent: 650
  • 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

Tax Info

  • Annual Property Tax: 2202

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 27, 2019
Closed on
Feb 4, 2020
Sold by
Peterson Michael W
Bought by
Jubilee Properties Llc
Seller's Agent
Jennifer O'Shea
Keller Williams Indy Metro NE
Buyer's Agent
JB Farrell
Farrell Property
List Price
$125,000
Sold Price
$125,000
Total Days on Market
6
Current Estimated Value
$236,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,608
Avg. Annual Appreciation
12.46%
Original Mortgage
$93,750
Outstanding Balance
$84,061
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$151,029

Purchase Details

Listed on
Nov 27, 2019
Closed on
Dec 28, 2019
Sold by
Pf Inv Group Llc
Bought by
Peterson Michael W
Seller's Agent
Jennifer O'Shea
Keller Williams Indy Metro NE
Buyer's Agent
JB Farrell
Farrell Property
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$84,061
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$151,029

Purchase Details

Closed on
Nov 14, 2006
Sold by
Park Dean
Bought by
Pf Investment Group Llc

Purchase Details

Closed on
Apr 5, 2006
Sold by
Cribs Llc
Bought by
Park Dean
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
Jubilee Properties Llc -- None Available
Peterson Michael W -- Columbia Title Inc
Pf Investment Group Llc -- Poelstra Title Company
Park Dean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Michael W $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $125,000 0.0% $66 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $125,000 -- $66 / 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 $2,804 $184,100 $25,200 $158,900
2023 $2,804 $140,200 $25,200 $115,000
2022 $2,804 $140,200 $25,200 $115,000
2021 $2,696 $134,800 $25,200 $109,600
2020 $2,284 $114,200 $25,200 $89,000
2019 $2,284 $114,200 $25,200 $89,000
2018 $2,202 $110,100 $25,200 $84,900
2017 $2,128 $106,400 $25,200 $81,200
2016 $2,128 $106,400 $25,200 $81,200
2014 $2,060 $103,000 $25,200 $77,800
2013 $2,038 $101,900 $25,200 $76,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer O'Shea

    Seller's Agent in 2020

    Jennifer O'Shea

    Keller Williams Indy Metro NE

    (765) 426-0425

    106 Total Sales

    Jennifer O'Shea
    Section Image
  • JB Farrell

    Buyer's Agent in 2020

    JB Farrell

    Farrell Property

    (765) 714-1511

    1 in this area

    17 Total Sales

    JB Farrell
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201951301

Indiana Regional MLS

APN: 79-11-06-230-001.000-033

Indiana Tippecanoe County Lafayette 47909 Old Romney

2843 Plaza Ln, Lafayette, IN

This home is located at 2843 Plaza Ln, Lafayette, IN 47909 since 27 November 2019 and is currently estimated at $236,608, approximately $124 per square foot. This property was built in 1995. 2843 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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