NOT LISTED FOR SALE

307 E Lafayette St Pine Village, IN 47975

4 Beds
2 Baths
1,744 Sq Ft
0.54 Acres

Last Sold January 09, 2019

Last sale price $105,000 $60 Per Sq Ft

49 Days on Market

Highlights

  • 1 Car Attached Garage
  • Laundry in Utility Room
  • Level Lot
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of January 2019

Outstanding investment opportunity that includes a solidly built all brick duplex as well as an empty and buildable lot that's over a half an acre. 307 is getting $500 a month with a dependable tenant that has been renting for over 24 years and wants to stay. The other side (309) is getting$550 a month and is leased until March of 2019. Both units offer 2 generous sized bedrooms, one full bath, a large living area, spacious kitchen and nook area, and a large yard to share. The HVAC and water heater were both recently replaced in 309 and the entire roof for both units was replaced 7 years ago. All of this and just 20 minutes away from West Lafayette!!

Last Agent to Sell the Property

Kristy Sporre

Keller Williams Lafayette Listed on: 10/17/2018

Keller Williams Lafayette

Last Buyer's Agent

James Cackley

Cackley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1977

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Tankless Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating
  • Assessor Parcel Number 86-02-07-430-602.000-002

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $309
  • Insurance Expense $1,100
  • Maintenance Expense $360
  • Trash Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,274

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 013-00104-00 S 1/2 OF PT SW 1/4 SE 1/4 S SD .539 AC ST RD 26 9/13/17 - SAMUEL A JOHNSTON 1/4 INT AND |
  • Parcel Number ID: 86-02-07-430-602.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Water Heater Tankless
  • Sp Lp Percent: 95.54
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 1744
  • Total Finished Sq Ft: 1744
  • Above Grade Finished Sq Ft: 1744
  • Price Per Sq Ft: 60.21
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Electric: 1200
  • Annual Fuel Expense: 309
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 360
  • Annual Trash Expense: 360
  • Number Of W D Hookups: 2

Schools

  • School District: MSD of Warren County
  • Elementary School: Pine Village
  • Middle School: Seeger Memorial
  • High School: Seeger Memorial

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Rental Info

  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1274

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
01/09/2019 01/09/19 Sold $105,000 -4.5% $60 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $109,900 -- $63 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201847014

Indiana Regional MLS