NOT LISTED FOR SALE

306 S 6th St Lafayette, IN 47901

Ellsworth Romig Neighborhood

Estimated Value: $145,455 - $331,000

3 Beds
3 Baths
2,696 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 10, 2020

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

Est. 192% increase in value since last sale

Current estimated payment $1,583/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 Agent to Sell the Property

C. Andrew Walgamuth

Keller Williams Commercial Listed on: 12/03/2019

Co-Listed By

Nate Gustus

Keller Williams Commercial

Keller Williams Commercial

Last Buyer's Agent

Nate Gustus

Keller Williams Commercial

Keller Williams Commercial

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
  • Style: Two Story
  • Architectural Style: Historic
  • 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
  • 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
  • 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

  • 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

Tax Info

  • Annual Property Tax: 1500

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2

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%
Current Estimated Value
$262,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,614
Avg. Annual Appreciation
19.94%
Original Mortgage
$72,000
Outstanding Balance
$56,706
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$205,908

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
$56,706
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$205,908
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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 $2,404 $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

    31 Total Sales

    Nate Gustus
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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

Not Listed for Sale

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