NOT LISTED FOR SALE

Estimated Value: $149,000 - $164,188

3 Beds
2 Baths
1,965 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $85,000 $43 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,044/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Covered Patio or Porch
  • Entrance Foyer

About This Home

As of September 2017

This home is located at 2903 South St, Lafayette, IN 47904 since 15 May 2017 and is currently estimated at $157,729, approximately $80 per square foot. This property was built in 1920. 2903 South St is a home located in Tippecanoe County with nearby schools including Murdock Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Last Agent to Sell the Property

Sharon Schlott

F.C. Tucker/Shook Listed on: 05/15/2017

F.C. Tucker/Shook

Last Buyer's Agent

Lynn Beckham

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, snow removal
  • The owner pays for building insurance, lawn maintenance, water
  • Assessor Parcel Number 79-07-27-104-001.000-004

Community Details

Building Details

  • Insurance Expense $880
  • Water Sewer Expense $410

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,462

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 97
  • Style: Two Story
  • Architectural Style: Traditional
  • 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: Basement, Ceiling Fan, Storage, Cable Available, Ceiling-9+, Deck Open, Eat-In Kitchen, Foyer Entry, Landscaped, Porch Covered, Porch Open, Washer Hook-Up
  • Cross Street: 29th
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.95
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 890
  • 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
  • Basement: Yes
  • Basement Foundation: Crawl, Cellar, Outside Entrance Only, Unfinished
  • Flooring: Carpet, Vinyl Tile, Wood
  • Main Level Sq Ft: 1085
  • Total Below Grade Sq Ft: 620
  • Number Of Disposals: 1
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Vectren Energy
  • Cable Company: Comcast
  • Annual Insurance Expense: 880
  • Annual Water Sewer Expense: 410
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Water
  • Tenant Pays: Cable, Electric, Heating, Sewer, Snow Removal

Multi Family

  • Gross Monthly Rent: 890
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Meyers Randolph S
Bought by
Hartman Revocable Inter-Vivos Trust and Hartman
Current Estimated Value
$157,729

Purchase Details

Listed on
May 15, 2017
Closed on
Sep 19, 2017
Sold by
Simon James T
Bought by
Mayers Randolph S
Seller's Agent
Sharon Schlott
F.C. Tucker/Shook
Buyer's Agent
Lynn Beckham
Keller Williams Lafayette
List Price
$94,500
Sold Price
$85,000
Premium/Discount to List
-$9,500
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$68,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 28, 2014
Closed on
May 11, 2015
Sold by
Ralay Christopher and Simurina Anka
Bought by
Simon James T
Seller's Agent
James Miller
Keller Williams Lafayette
Buyer's Agent
Sharon Schlott
F.C. Tucker/Shook
List Price
$89,900
Sold Price
$63,400
Premium/Discount to List
-$26,500
-29.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

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
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
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
09/20/2017 09/20/17 Sold $85,000 -10.1% $43 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $94,500 +49.1% $48 / Sq Ft
05/11/2015 05/11/15 Sold $63,400 -29.5% $32 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $89,900 -- $46 / 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 $2,217 $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: 201721293

Indiana Regional MLS

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