311 Fountain St Lafayette, IN 47901
Ellsworth Romig NeighborhoodEstimated Value: $126,464 - $134,000
Highlights
- Porch
- Carpet
- 1-minute walk to South Tipp Park
- Level Lot
About This Home
As of May 2024Great investment property! This 3 bed 2 bath duplex rents for a combined $1550/month ($850/month until June 2024 on side A (2 bed 1 Bath). $700/month until July 2024 on side B (1 Bed 1 Bath). The interiors of both units were renovated about a year ago. Both bathrooms were completely redone. New interior paint. New flooring. A completely redone basement, and a new kitchen. Owner pays for water, waste, and trash, while tenant pays for gas and electric. There is a P&L statement in the documents. Leases available upon request. Property is being sold AS-IS.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 5,489 Sq Ft Lot
- Lot Dimensions are 66 x 50
- Level Lot
Home Design
- Duplex
- Wood Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Attic
- Storage In Attic
- Walkup Attic
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 79-07-29-259-001.000-004
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medrano Eliseo | -- | Metropolitan Title | |
| Medrano Eliseo | $123,000 | Metropolitan Title | |
| Double Dee Interiors Llc | $123,000 | Metropolitan Title | |
| Meb Enterprises Llc | -- | None Available |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Double Dee Interiors Llc | $96,000 | |
| Previous Owner | Meb Enterprises Llc | $2,000,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $123,500 | -5.0% | $87 / Sq Ft |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | For Sale | $130,000 | -- | $92 / Sq Ft |
Tax History Compared to Growth
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 | $2,358 | $117,900 | $13,000 | $104,900 |
| 2023 | $1,778 | $88,900 | $13,000 | $75,900 |
| 2022 | $1,702 | $85,100 | $13,000 | $72,100 |
| 2021 | $1,480 | $74,000 | $13,000 | $61,000 |
| 2020 | $1,138 | $56,900 | $13,000 | $43,900 |
| 2019 | $1,138 | $56,900 | $10,000 | $46,900 |
| 2018 | $1,126 | $56,300 | $10,000 | $46,300 |
| 2017 | $1,096 | $54,800 | $10,000 | $44,800 |
| 2016 | $1,084 | $54,220 | $10,000 | $44,220 |
| 2014 | $1,036 | $51,800 | $10,000 | $41,800 |
| 2013 | $962 | $48,100 | $10,000 | $38,100 |
Map
Source: Indiana Regional MLS
MLS Number: 202405531
APN: 79-07-29-259-001.000-004
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