NOT LISTED FOR SALE

316 N 8th St La Fayette, IN 47901

Centennial Neighborhood
11 Beds
7 Baths
7,258 Sq Ft
8,799 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $410,000 $56 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Multiple cooling system units
  • Corner Lot
  • Ceiling height of 9 feet or more
  • 4-minute walk to Centennial Park

About This Home

As of August 2018

7 Unit complex prime location. Priced to sell! Features include: High ceilings, charming interior details and much more! Call agent for details

Last Agent to Sell the Property

Christy Carr

Commercial Brokers Listed on: 06/29/2018

Last Buyer's Agent

Don Stocks

Nexus Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1920

Lot Details

  • 8,799 Sq Ft Lot
  • Lot Dimensions are 80x110
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, deposit value
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 79-07-20-477-010.000-004

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • Insurance Expense $2,100
  • Maintenance Expense $2,749
  • Trash Expense $600
  • Water Sewer Expense $2,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,918

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1920
  • Age: 98
  • Style: Two Story
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: FRAC PETTIT STOCKWELL & REYNOLDSADDN 80 FT NORTH ST N 1\2 |
  • Parcel Number ID: 79-07-20-477-010.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Ceiling-9+, Countertops-Laminate, Deck Open, Porch Covered
  • Sp Lp Percent: 97.62
  • Monthly Gross Income: 4582
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 10362
  • Total Finished Sq Ft: 7258
  • Above Grade Finished Sq Ft: 7258
  • Above Grade Unfinished Sq Ft: 376
  • Below Grade Sq Ft: 2728
  • Price Per Sq Ft: 56.49
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 2728
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2100
  • Annual Maintenance Expense: 2749.2
  • Annual Trash Expense: 600
  • Annual Water Sewer Expense: 2934.76
  • Number Electric Meters: 7
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 80x110
  • Estimated Lot Sq Ft: 8799
  • Estimated Lot Size Acres: 0.202

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 4582
  • Number Of Dryers: 3
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 4918

MLS Schools

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

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
08/31/2018 08/31/18 Sold $410,000 -2.4% $56 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $420,000 -- $58 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christy Carr

    Commercial Brokers

  • Don Stocks

    Buyer's Agent in 2018

    Don Stocks

    Nexus Realty Group

    (765) 418-5901

    1 in this area

    61 Total Sales

    Don Stocks
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201828354

Indiana Regional MLS
Indiana Tippecanoe County La Fayette 47901 Centennial

316 N 8th St, La Fayette, IN

This home is located at 316 N 8th St, La Fayette, IN 47901 since 29 June 2018. This property was built in 1920. 316 N 8th 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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