NOT LISTED FOR SALE

Estimated Value: $203,000 - $320,000

2 Beds
2 Baths
1,904 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $140,000 $74 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,563/month

9 Days on Market

Highlights

  • Covered patio or porch
  • Partially Carpeted
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2020

great investment opportunity on the south side of Lafayette. purpose built duplex, close to shopping, schools etc. Rents well.....2 bed, 2 bath.... note washer and dryers are rentals.

Last Agent to Sell the Property

Christine Woodcock

KCB Listed on: 02/29/2020

Last Buyer's Agent

Jay Benner

Epique Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 68x121
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, sewer, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 79-11-06-231-002.000-033

Community Details

Overview

  • 2 Units
  • White Pines Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Age: 26
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CRIBS R3 SD LOT 27
  • Parcel Number ID: 79-11-06-231-002.000-033
  • Platted: Yes
  • Amenities: Off Street Parking, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 93.4
  • Monthly Gross Income: 1622
  • Year Taxes Payable: 2,202
  • Special Features: None

Interior Features

  • Total Sq Ft: 1904
  • Total Finished Sq Ft: 1904
  • Above Grade Finished Sq Ft: 1904
  • Price Per Sq Ft: 73.53
  • Basement Foundation: Slab
  • Flooring: Part Carpet
  • Number Of Disposals: 2
  • Number Of Microwaves: 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: 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: 68X121

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1622
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 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
Feb 29, 2020
Closed on
Apr 22, 2020
Sold by
Brown Keith W
Bought by
Pearl River Properties Llc
Seller's Agent
Christine Woodcock
KCB
Buyer's Agent
Jay Benner
Epique Inc.
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Total Days on Market
9
Current Estimated Value
$240,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,385
Avg. Annual Appreciation
11.14%
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Cribs Llc
Bought by
Brown Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,285
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Pearl River Properties Llc -- None Available
Brown Keith W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearl River Properties Llc $547,500
Closed Pearl River Properties Llc $112,000
Previous Owner Brown Keith W $20,285
Previous Owner Brown Keith W $108,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $140,000 -6.6% $74 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $149,900 -- $79 / 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 $2,564 $180,700 $25,200 $155,500
2023 $2,564 $128,200 $25,200 $103,000
2022 $2,564 $128,200 $25,200 $103,000
2021 $2,466 $123,300 $25,200 $98,100
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

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Map

Source: Indiana Regional MLS

MLS Number: 202007607

Indiana Regional MLS

APN: 79-11-06-231-002.000-033