NOT LISTED FOR SALE

3025 Butterfield Ct Unit A and B Lafayette, IN 47909

Old Romney Neighborhood

Estimated Value: $241,000 - $278,000

4 Beds
4 Baths
2,456 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $176,000 $72 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,761/month

4 Days on Market

Highlights

  • 0.39 Acre Lot
  • Vaulted Ceiling
  • Covered patio or porch
  • Open Floorplan
  • Backs to Open Ground
  • Cul-De-Sac

About This Home

As of June 2019

Great investment property! This duplex is fully leased until March 2020. Both units are 2 bedroom/ 2 bath with attached 2 car garage. Some of the features of this duplex are vaulted ceilings, gas fireplace, private covered patios, and walk-in closet. This duplex is located in the popular TSC schools districts.

Last Agent to Sell the Property

Thomas Albregts

Keller Williams Lafayette Listed on: 05/17/2019

Keller Williams Lafayette

Last Buyer's Agent

Derrick Webb

Merit Realty - Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,818

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 95x180
  • Backs to Open Ground
  • Cul-De-Sac
  • Rural Setting

Home Design

  • Duplex
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-11-06-201-003.000-033

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,700
  • Maintenance Expense $2,000
  • Water Sewer Expense $804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,818

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1999
  • Age: 20
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: WINDFIELD FARMS SD PH 1 LOT 3
  • Parcel Number ID: 79-11-06-201-003.000-033
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Cable Ready, Ceiling-9+, Ceilings-Vaulted, Countertops-Laminate, Deck Covered, Garage Door Opener, Open Floor Plan, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Location: Rural Subdivision
  • Sp Lp Percent: 97.78
  • Monthly Gross Income: 1620
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2456
  • Total Finished Sq Ft: 2456
  • Above Grade Finished Sq Ft: 2456
  • Price Per Sq Ft: 71.66
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, HVAC (13 Seer)
  • Annual Insurance Expense: 1700
  • Annual Maintenance Expense: 2000
  • Annual Water Sewer Expense: 804
  • 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: Cul-De-Sac, Planned Unit Development
  • Lot Dimensions: 95x180
  • Estimated Lot Sq Ft: 16988
  • Estimated Lot Size Acres: 0.39

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1620
  • 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: 2818

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
May 17, 2019
Closed on
Jun 19, 2019
Sold by
Wang Weijie
Bought by
Heber Real Est Llc
Seller's Agent
Thomas Albregts
Keller Williams Lafayette
Buyer's Agent
Derrick Webb
Merit Realty - Lafayette
List Price
$180,000
Sold Price
$176,000
Premium/Discount to List
-$4,000
-2.22%
Total Days on Market
4
Current Estimated Value
$264,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,891
Avg. Annual Appreciation
7.10%
Original Mortgage
$132,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2016
Sold by
Fall Douglas C and Fall Darla K
Bought by
Wang Weijie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Heber Real Est Llc -- None Available
Wang Weijie -- Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heber Real Estate Llc $500,000
Closed Heber Real Est Llc $132,000
Previous Owner Wang Weijie $111,000
Previous Owner Fall Douglas C $102,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $176,000 -2.2% $72 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $180,000 -- $73 / 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 $3,284 $164,200 $22,500 $141,700
2023 $3,284 $164,200 $22,500 $141,700
2022 $3,284 $164,200 $22,500 $141,700
2021 $3,158 $157,900 $22,500 $135,400
2020 $2,924 $146,200 $22,500 $123,700
2019 $2,924 $146,200 $22,500 $123,700
2018 $2,818 $140,900 $22,500 $118,400
2017 $2,722 $136,100 $30,000 $106,100
2016 $2,696 $134,790 $30,000 $104,790
2014 $2,626 $131,300 $22,500 $108,800
2013 $2,598 $129,900 $22,500 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201919991

Indiana Regional MLS

APN: 79-11-06-201-003.000-033