NOT LISTED FOR SALE

3603 N 250 W West Lafayette, IN 47906

Estimated Value: $229,179 - $299,000

4 Beds
2 Baths
1,404 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $183,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,506/month

60 Days on Market

Highlights

  • Partially Wooded Lot
  • Laundry closet
  • Forced Air Heating and Cooling System
  • Burnett Creek Elementary School Rated A-
  • Shed
  • Ceiling Fan

About This Home

As of August 2021

A rare find! Duplex located in West Lafayette, close to campus and all major employers, grossing $1,400 per month. Tenant pays Water, Electric and Gas. Owner pays Sewage and Trash. Nearly a half acre lot with plenty of parking. Located to the East of the WL Meijer, adjacent to the intersection of Sagamore Parkway and US 231. This property is zoned "Neighborhood Business", potential uses range from building self storage units to a small store (see associated docs for all uses). Ideal location for tenants who work or study at Purdue. New in 2015: both units equipped with new bath surrounds, water heaters and fencing. New roof in 2012, attic insulation 2016 and newer front window. Klondike elementary/middle school and Harrison High School. Unit 1 leased until 8/31/2021 and unit 2 leased until 4/30/2022.

Last Agent to Sell the Property

Chris Bradford

Bradford Real Estate Listed on: 03/19/2021

Last Buyer's Agent

Fransisco Salazar

Maitlen Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1969

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x190
  • Chain Link Fence
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel, water
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection
  • Assessor Parcel Number 79-06-02-251-001.000-023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $918
  • Trash Expense $1,656
  • Water Sewer Expense $1,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1969
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SUMMERS SD LOT 1
  • Parcel Number ID: 79-06-02-251-001.000-023
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Ready, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.92
  • Annual Miscellaneous: 552
  • Monthly Gross Income: 1400
  • Special Features: None

Interior Features

  • Total Sq Ft: 1404
  • Total Finished Sq Ft: 1404
  • Above Grade Finished Sq Ft: 1404
  • Price Per Sq Ft: 130.34
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 1
  • Outbuilding: Garden Shed
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 5
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Gas Company: CenterPoint Energy
  • Water Company: American Suburban Util.
  • Annual Insurance Expense: 918
  • Annual Trash Expense: 1656
  • Annual Water Sewer Expense: 1260
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Klondike
  • Middle School: Klondike
  • High School: William Henry Harrison

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 100x190
  • Estimated Lot Sq Ft: 18949
  • Estimated Lot Size Acres: 0.435

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection
  • Tenant Pays: Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Aug 9, 2021
Sold by
Trifan Stefan
Bought by
Munoz Carmen Vakkejo
Seller's Agent
Chris Bradford
Bradford Real Estate
Buyer's Agent
Fransisco Salazar
Maitlen Realty
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Total Days on Market
60
Current Estimated Value
$253,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,045
Avg. Annual Appreciation
7.16%
Original Mortgage
$153,850
Outstanding Balance
$141,993
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$96,356

Purchase Details

Listed on
Dec 14, 2019
Closed on
Feb 4, 2020
Sold by
Terrahaven Llc
Bought by
Trifan Stefan
Seller's Agent
John W. Wilson
Redlow Group
Buyer's Agent
Chris Bradford
Bradford Real Estate
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$105,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Carroll Ryan and Carroll Brianne
Bought by
Terrahaven Llc

Purchase Details

Closed on
Nov 26, 2007
Sold by
Summers Joseph E and Summers Josephine R
Bought by
Carroll Ryan and Carroll Brianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Munoz Carmen Vakkejo $183,000 None Available
Trifan Stefan $140,000 Meridian Title
Terrahaven Llc -- None Available
Carroll Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Carmen Vakkejo $153,850
Closed Munoz Carmen Vakkejo $153,850
Previous Owner Trifan Stefan $105,000
Previous Owner Carroll Ryan $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $183,000 -1.1% $130 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $185,000 +32.1% $132 / Sq Ft
02/04/2020 02/04/20 Sold $140,000 -6.6% $100 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $149,900 -3.3% $107 / Sq Ft
12/14/2019 12/14/19 For Sale $155,000 -- $110 / 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 $1,023 $164,700 $27,700 $137,000
2023 $1,023 $107,800 $27,700 $80,100
2022 $993 $107,800 $27,700 $80,100
2021 $559 $107,800 $27,700 $80,100
2020 $1,396 $89,800 $27,700 $62,100
2019 $1,361 $89,800 $27,700 $62,100
2018 $1,290 $86,800 $10,400 $76,400
2017 $1,256 $85,800 $10,400 $75,400
2016 $1,222 $83,800 $10,400 $73,400
2014 $1,215 $83,900 $10,400 $73,500
2013 $1,108 $72,500 $10,400 $62,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Bradford

    Seller's Agent in 2021

    Chris Bradford

    Bradford Real Estate

    (765) 714-2550

    145 Total Sales

    Chris Bradford
    Section Image

  • F

    Buyer's Agent in 2021

    Fransisco Salazar

    Maitlen Realty

    (765) 413-6876

    38 Total Sales

    Fransisco Salazar
    Section Image
  • John W. Wilson

    Seller's Agent in 2020

    John W. Wilson

    Redlow Group

    (765) 413-1411

    168 Total Sales

    John W. Wilson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202108836

Indiana Regional MLS

APN: 79-06-02-251-001.000-023

Indiana Tippecanoe County West Lafayette 47906

3603 N 250 W, West Lafayette, IN

This home is located at 3603 N 250 W, West Lafayette, IN 47906 since 19 March 2021 and is currently estimated at $253,045, approximately $180 per square foot. This property was built in 1969. 3603 N 250 W is a home located in Tippecanoe County with nearby schools including Burnett Creek Elementary School, Battle Ground Middle School, and William Henry Harrison 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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