NOT LISTED FOR SALE

Estimated Value: $151,346 - $162,000

3 Beds
2 Baths
1,965 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $145,000 $74 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,033/month

23 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Entrance Foyer
  • Covered patio or porch
  • Pocket Doors
  • Ceramic Tile Flooring

About This Home

As of December 2023

Excellent investment opportunity. Easy to rent duplex. Both units currently rented with lease terms through midnight 5/1/2024.

Last Listed By

Shannon Smeltz

eXp Realty, LLC Listed on: 10/23/2023

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1920

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Pocket Doors
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling 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, cooling, electric, heating, water
  • The owner pays for lawn maintenance, tax, trash collection
  • Assessor Parcel Number 79-07-27-104-001.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,007
  • Maintenance Expense $550
  • Water Sewer Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,984

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 103
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BELT RY ADDN LOT 1 BLOCK 5
  • Parcel Number ID: 79-07-27-104-001.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Ready, Ceiling-9+, Countertops-Laminate, Deck Open, Eat-In Kitchen, Foyer Entry, Landscaped, Pocket Doors, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.67
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 1984.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 2585
  • Total Finished Sq Ft: 1965
  • Above Grade Finished Sq Ft: 1965
  • Below Grade Sq Ft: 620
  • Price Per Sq Ft: 73.79
  • Basement: Yes
  • Basement Foundation: Crawl, Cellar, Full Basement, Outside Entrance Only, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile
  • Total Below Grade Sq Ft: 620
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan, Zoned Air Condtioning, Zoned Heating
  • Annual Insurance Expense: 1007
  • Annual Maintenance Expense: 550
  • Annual Water Sewer Expense: 360
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 50 x 125
  • Estimated Lot Sq Ft: 6011
  • Estimated Lot Size Acres: 0.138

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1984

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 14, 2023
Sold by
Meyers Randolph S
Bought by
Hartman Revocable Inter-Vivos Trust and Hartman
Seller's Agent
Shannon Smeltz
eXp Realty, LLC
Buyer's Agent
Shane Childers
Keller Williams Lafayette
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Total Days on Market
23
Views
137
Current Estimated Value
$155,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,449
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Simon James T
Bought by
Mayers Randolph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2015
Sold by
Ralay Christopher and Simurina Anka
Bought by
Simon James T

Purchase Details

Closed on
Jun 27, 2007
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 2007
Sold by
Ahler William A
Bought by
Wells Fargo Bank Na and Americas Servicing Co

Purchase Details

Closed on
Jan 29, 2004
Sold by
Osterling Lowell H
Bought by
Ahler William A and Ahler Gail H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.91%
Mortgage Type
Commercial

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
Hartman Revocable Inter-Vivos Trust $145,000 Metropolitan Title
Mayers Randolph S -- --
Simon James T -- --
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $87,253 None Available
Ahler William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayers Randolph S $68,000
Previous Owner Ahler William A $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $145,000 -3.3% $74 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $150,000 -- $76 / 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 $2,064 $105,700 $18,000 $87,700
2023 $2,064 $103,200 $18,000 $85,200
2022 $1,984 $99,200 $18,000 $81,200
2021 $1,804 $90,200 $18,000 $72,200
2020 $1,764 $88,200 $18,000 $70,200
2019 $1,764 $88,200 $16,200 $72,000
2018 $1,712 $85,600 $16,200 $69,400
2017 $1,511 $83,300 $16,200 $67,100
2016 $1,462 $82,510 $16,200 $66,310
2014 $1,650 $82,500 $16,200 $66,300
2013 $1,556 $77,800 $16,200 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338898

Indiana Regional MLS

APN: 79-07-27-104-001.000-004