NOT LISTED FOR SALE

301 W Stadium Ave West Lafayette, IN 47906

26 Beds
7 Baths
8,288 Sq Ft
0.36 Acres

Last Sold July 06, 2015

Last sale price $1,200,000 $145 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen
  • West Lafayette Intermediate School Rated A+
  • Covered Patio or Porch
  • 3-minute walk to Paula R Woods Park

About This Home

As of July 2015

ANOTHER EXCLUSIVE INVESTMENT PROPERTY. LARGE CORNER LOT FEATURING 16 UNIT BUILDING, 4 BEDROOM FREE STANDING PROPERTY, 3 UNIT PROPERTY AND LARGE PARKING LOT. ALL OF THIS WITHIN WALKING DISTANCE TO PURDUE. GREAT RENTAL HISTORY WITH MANY RECENT UPDATES. STRONG CASH FLOW AND FULLY LEASED FOR 2015-2016 SCHOOL YEAR. UPDATED MECHANICAL SYSTEMS AND HARD FLOORING SURFACES THROUGHOUT. CALL TODAY FOR ADDITIONAL INFORMATION!

Last Agent to Sell the Property

Brett Lueken

Century 21 The Lueken Group Listed on: 05/12/2015

Century 21 The Lueken Group

Last Buyer's Agent

Brett Lueken

Century 21 The Lueken Group Listed on: 05/12/2015

Century 21 The Lueken Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1939

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 129
  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Rubber Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 26 Bedrooms
  • Walk-In Closet
  • 7 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Crawl Space
  • Natural lighting in basement

Parking

  • 20 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Happy Hollow/Cumberland Elementary School
  • West Lafayette Middle School
  • West Lafayette High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for electric, fuel, lawn maintenance, maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 79-07-19-228-014.000-026

Community Details

Overview

  • 20 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $5,000
  • Fuel Expense $2,900
  • Insurance Expense $5,200
  • Maintenance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,091

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1939
  • Age: 76
  • Bedrooms: 26
  • Number Above Grade Bedrooms: 26
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: BONE & THROCKMORTON LOT 22 & LOT 23 & BAL 24 & LOT 25 & 5' OFF ENTIRE W SIDE LOT 24 |
  • Parcel Number ID: 79-07-19-228-014.000-026
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Cable Ready, Ceiling-9+, Closet(s) Walk-in, Deck Open, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Patio Covered, Patio Open, Porch Covered, Six Panel Doors, Water Heater Electric, Water Heater Gas
  • Location: On College Campus
  • Sp Lp Percent: 100
  • Monthly Gross Income: 9833
  • Year Taxes Payable: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 8688
  • Total Finished Sq Ft: 8288
  • Above Grade Finished Sq Ft: 6924
  • Below Grade Finished Sq Ft: 1364
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 173.31
  • Basement: Yes
  • Basement Foundation: Crawl, Daylight, Finished, Full Basement, Outside Entrance Only, Partial Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Mixed, Wood
  • Total Below Grade Sq Ft: 1764
  • Number Of Disposals: 6
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 7
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Block, Vinyl
  • Roof Material: Asphalt, Rolled, Rubber, Shingle
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 20
  • Parking: Lot, Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 5000
  • Annual Fuel Expense: 2900
  • Annual Insurance Expense: 5200
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 3200
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: West Lafayette Community School Corp.
  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette
  • Elementary School: Happy Hollow/Cumberland

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 120 X 129
  • Estimated Lot Sq Ft: 15481
  • Estimated Lot Size Acres: 0.3554
  • Lot Number: 22

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Fuel

Tax Info

  • Total Assessed Value: 463700
  • Annual Property Tax: 11090.62

Multi Family

  • Gross Monthly Rent: 9800
  • Number Of Dryers: 3
  • Number Of Refrigerators: 6
  • Number Of Units: 20
  • Number Of Washers: 3
  • Num Of2 Bedrooms: 3
  • Number Of 4 Bedrooms: 1
  • Num Of Efficiencies: 16
  • Num Of Units Rented: 18

MLS Schools

  • High School: West Lafayette
  • Middle School: West Lafayette
  • School District: West Lafayette Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $1,200,000 0.0% $145 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $1,200,000 -- $145 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Lueken

    Seller's Agent in 2015

    Brett Lueken

    Century 21 The Lueken Group

    (765) 586-8524

    18 in this area

    123 Total Sales

    Brett Lueken
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201531912

Indiana Regional MLS

APN: 79-07-19-228-014.000-026

Indiana Tippecanoe County West Lafayette 47906

301 W Stadium Ave, West Lafayette, IN

This home is located at 301 W Stadium Ave, West Lafayette, IN 47906 since 12 May 2015. This property was built in 1939. 301 W Stadium Ave is a home located in Tippecanoe County with nearby schools including West Lafayette Intermediate School, West Lafayette Elementary School, and West Lafayette Junior/Senior 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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