NOT LISTED FOR SALE

307 S 18th St Lafayette, IN 47905

Estimated Value: $136,683 - $188,000

2 Beds
2 Baths
884 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $45,000 $51 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,060/month

180 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2016

Great investment opportunity for a 2 unit complex with 1 bedrooms & 1 bath each - Both units are currently rented - $375 per side. Each side measures 26'x17'.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 08/27/2015

@properties

Last Buyer's Agent

Cathy Russell

@properties Listed on: 08/27/2015

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1940

Lot Details

  • 5,980 Sq Ft Lot
  • Lot Dimensions are 46x130
  • Sloped Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Miami Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, snow removal, sewer, trash collection
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-28-214-008.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$780

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 76
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Blanton SD 45 1/2x130Ft |
  • Parcel Number ID: 79-07-28-214-008.000-004
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Cross Street: Between Center & Shortridge
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • State Id: 156086000720
  • Monthly Gross Income: 750
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 884
  • Total Finished Sq Ft: 884
  • Above Grade Finished Sq Ft: 884
  • Price Per Sq Ft: 50.9
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 884
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 850
  • Annual Water Sewer Expense: 393
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 46x130
  • Estimated Lot Sq Ft: 5980
  • Estimated Lot Size Acres: 0.137

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 780

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Reo Of Indiana Llc
Bought by
Avast Properties Llc
Current Estimated Value
$163,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$73,128
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$87,329

Purchase Details

Closed on
Mar 4, 2022
Sold by
Blankman Scott E
Bought by
Reo Of Indiana Llc

Purchase Details

Closed on
Sep 28, 2016
Sold by
Hood David
Bought by
Glr Fund Llc

Purchase Details

Listed on
Aug 27, 2015
Closed on
Apr 22, 2016
Sold by
Jeb Properties Llc
Bought by
Hood David
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Closed on
Oct 11, 2006
Sold by
Russell Randall A and Russell Judy A
Bought by
Jeb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2006
Sold by
Blosser Jerry Eugene and Godby Michael T
Bought by
Russell Randall A and Russell Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

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
Avast Properties Llc -- None Listed On Document
Reo Of Indiana Llc $80,000 None Listed On Document
Blankman Scott E $80,000 None Listed On Document
Glr Fund Llc -- --
Hood David -- --
Jeb Properties Llc -- None Available
Russell Randall A -- Poelstra Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avast Properties Llc $80,000
Previous Owner Glr Fund Llc $39,600
Previous Owner Russell Randall A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $45,000 0.0% $51 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
08/27/2015 08/27/15 For Sale $45,000 -- $51 / 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 $1,904 $95,200 $18,000 $77,200
2023 $1,060 $53,000 $18,000 $35,000
2022 $1,020 $51,000 $18,000 $33,000
2021 $928 $46,400 $18,000 $28,400
2020 $876 $43,800 $18,000 $25,800
2019 $876 $43,800 $15,000 $28,800
2018 $850 $42,500 $15,000 $27,500
2017 $828 $41,400 $15,000 $26,400
2016 $820 $41,000 $15,000 $26,000
2014 $780 $39,000 $15,000 $24,000
2013 $744 $37,200 $15,000 $22,200
Source: Public Records

Agents Affiliated with this Home

  • Cathy Russell

    Seller's Agent in 2016

    Cathy Russell

    @properties

    (765) 426-7000

    702 Total Sales

    Cathy Russell
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Map

Source: Indiana Regional MLS

MLS Number: 201541104

Indiana Regional MLS

APN: 79-07-28-214-008.000-004

Indiana Tippecanoe County Lafayette 47905

307 S 18th St, Lafayette, IN

This home is located at 307 S 18th St, Lafayette, IN 47905 since 27 August 2015 and is currently estimated at $163,228, approximately $184 per square foot. This property was built in 1940. 307 S 18th St is a home located in Tippecanoe County with nearby schools including Oakland 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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