$140,000
SOLD FEB 4, 2020

3603 N 250 W West Lafayette, IN 47906

2 Beds
1 Bath
1,404 Sq Ft
0.44 Acres

Recently Sold

$100 Per Sq Ft

10% Below List Price

27 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Burnett Creek Elementary School Rated A-
  • Level Lot

About This Home

As of August 2021

Great investment opportunity in TSC schools. Improvements include roof (2012), fence (2015), new bath surround in both units (2015), new water heater in both units (2015), attic insulation (2016). Located conveniently close to Purdue, shopping and dining!

Last Agent to Sell the Property

John W. Wilson

Redlow Group Listed on: 12/14/2019

Last Buyer's Agent

Chris Bradford

Bradford Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1969

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 103x186
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Burnett Creek Elementary School
  • Battle Ground Middle School
  • William Henry Harrison High School

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,270
  • Trash Expense $432
  • Water Sewer Expense $1,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1969
  • Age: 51
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SUMMERS SD LOT 1
  • Parcel Number ID: 79-06-02-251-001.000-023
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available
  • Sp Lp Percent: 93.4
  • Monthly Gross Income: 1240
  • County Zoning: R1
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1404
  • Total Finished Sq Ft: 1404
  • Above Grade Finished Sq Ft: 1404
  • Price Per Sq Ft: 99.72
  • Basement Foundation: Crawl
  • Flooring: Carpet, Wood
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1270
  • Annual Trash Expense: 432
  • Annual Water Sewer Expense: 1034.16
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Burnett Creek
  • Middle School: Battle Ground
  • High School: William Henry Harrison
  • Elementary School: Burnett Creek

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 103x186
  • Estimated Lot Sq Ft: 18949
  • Estimated Lot Size Acres: 0.435
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Electric, Heating, Water

Tax Info

  • Total Assessed Value: 86800
  • Annual Property Tax: 1290

Multi Family

  • Gross Monthly Rent: 1240
  • 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

MLS Schools

  • High School: William Henry Harrison
  • Middle School: Battle Ground
  • School District: Tippecanoe School Corp.

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%
Current Estimated Value
$246,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,013
Avg. Annual Appreciation
8.46%
Original Mortgage
$153,850
Outstanding Balance
$141,398
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$111,647

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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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 Type Sale Price Title Company
Warranty Deed $183,000 None Available
Warranty Deed $140,000 Meridian Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,850 New Conventional
Closed $153,850 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $76,000 New Conventional
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 $1,098 $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

    137 Total Sales

    Section Image

  • F

    Buyer's Agent in 2021

    Fransisco Salazar

    Maitlen Realty

    (765) 413-6876

    40 Total Sales

    Section Image
  • John W. Wilson

    Seller's Agent in 2020

    John W. Wilson

    Redlow Group

    (765) 413-1411

    162 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201952840

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 and is currently priced at $140,000, approximately $99 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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