NOT LISTED FOR SALE

306 S 6th St Lafayette, IN 47901

Ellsworth Romig Neighborhood

Estimated Value: $136,238 - $349,000

3 Beds
3 Baths
2,696 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $90,000 $33 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,622/month

9 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Historic Home
  • 5-minute walk to Triangle Park
  • Central Air

About This Home

As of January 2020

This is a producing 3 plex near downtown. Easy walk to restaurants and entertainment. Close to Purdue.

Last Listed By

C. Andrew Walgamuth

Keller Williams Commercial Listed on: 12/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1890

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Sloped Lot
  • Historic Home

Home Design

  • Triplex
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Basement
  • Basement Cellar

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for cooling, heating
  • Assessor Parcel Number 79-07-29-236-004.000-004

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,336
  • Fuel Expense $2,336
  • Insurance Expense $600
  • Water Sewer Expense $1,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 129
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: TAYLOR WHITE PETERSON & ELLSWORTH ADDN EX 20 FT S SIDE LOT 69
  • Parcel Number ID: 79-07-29-236-004.000-004
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3896
  • Total Finished Sq Ft: 2696
  • Above Grade Finished Sq Ft: 2696
  • Below Grade Sq Ft: 1200
  • Price Per Sq Ft: 33.38
  • Basement: Yes
  • Basement Foundation: Cellar
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1200
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2336
  • Annual Fuel Expense: 2336
  • Annual Insurance Expense: 600
  • Annual Water Sewer Expense: 1158

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 40x132
  • Estimated Lot Sq Ft: 5271
  • Estimated Lot Size Acres: 0.121

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cooling, Heating

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 10, 2020
Sold by
Baldwin Paul D
Bought by
Black Diamond Management Llc
Seller's Agent
C. Andrew Walgamuth
Keller Williams Commercial
Buyer's Agent
Nate Gustus
Keller Williams Commercial
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Total Days on Market
9
Current Estimated Value
$254,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,310
Avg. Annual Appreciation
17.03%
Original Mortgage
$72,000
Outstanding Balance
$58,677
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$150,376

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 7, 2020
Sold by
Hurt Eugene A
Bought by
Baldwin Paul D
Seller's Agent
C. Andrew Walgamuth
Keller Williams Commercial
Buyer's Agent
Nate Gustus
Keller Williams Commercial
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$58,677
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$150,376

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
Black Diamond Management Llc $60,000 Columbia Title Inc
Baldwin Paul D -- Columbia Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Diamond Management Llc $72,000
Closed Baldwin Paul D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $90,000 -9.1% $33 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $99,000 -- $37 / 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 $2,458 $120,200 $13,000 $107,200
2023 $2,458 $122,900 $13,000 $109,900
2022 $2,352 $117,600 $13,000 $104,600
2021 $2,046 $102,300 $13,000 $89,300
2020 $1,574 $78,700 $13,000 $65,700
2019 $1,574 $78,700 $10,000 $68,700
2018 $1,558 $77,900 $10,000 $67,900
2017 $1,516 $75,800 $10,000 $65,800
2016 $1,500 $75,030 $10,000 $65,030
2014 $1,434 $71,700 $10,000 $61,700
2013 $1,336 $66,800 $10,000 $56,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    C. Andrew Walgamuth

    Keller Williams Commercial

  • N

    Seller Co-Listing Agent in 2020

    Nate Gustus

    Keller Williams Commercial

    (317) 522-8608

    38 Total Sales

    Nate Gustus
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201951589

Indiana Regional MLS

APN: 79-07-29-236-004.000-004

Indiana Tippecanoe County Lafayette 47901 Ellsworth Romig

306 S 6th St, Lafayette, IN

Homes for Sale in Lafayette, IN

This home is located at 306 S 6th St, Lafayette, IN 47901 since 03 December 2019 and is currently estimated at $254,310, approximately $94 per square foot. This property was built in 1890. 306 S 6th St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior 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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