NOT LISTED FOR SALE

3603 Thornhill Cir E Lafayette, IN 47909

Estimated Value: $262,000 - $297,000

4 Beds
4 Baths
2,226 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $177,400 $80 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,806/month

25 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of October 2018

Great investment opportunity with secured tenants through May & July 2019. Each unit includes vaulted ceilings in the living room with corner fireplace. Kitchen also has open feel with vaulted ceilings, tile floor and all appliances. Each side has its own 2 car attached garage, 1113 SF and includes washer/dryer. Both sides have had same tenants since 2017. Left side unit (3603) has current rent of $825/mo with lease commencing on 5/31/19 and has two bedrooms and two full baths. Right side unit (3605) has current rent of $850/mo and lease commencing on 7/31/19. It is a mirror image of the left side as well with two bedrooms and two baths. This south side location is close to grocery, shopping and restaurants. TSC schools.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 09/21/2018

@properties

Last Buyer's Agent

Jing Zhang

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1996

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 125x80
  • Backs to Open Ground
  • Level Lot

Home Design

  • Duplex
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Screen For Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water, water softener, deposit value
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 79-11-08-127-009.000-033

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,598

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1996
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: THORNHILL SD LOT 8 |
  • Parcel Number ID: 79-11-08-127-009.000-033
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Cable Available, Ceiling-9+, Ceilings-Vaulted, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Fireplace Screen/Door, Garage Door Opener, Open Floor Plan, Porch Covered
  • Cross Street: Ortman Ln
  • Location: City/Town/Suburb
  • Planned Unit Dev: Yes
  • Sp Lp Percent: 98.61
  • State Id: 165166021260
  • Monthly Gross Income: 1675
  • Special Features: None

Interior Features

  • Total Sq Ft: 2226
  • Total Finished Sq Ft: 2226
  • Above Grade Finished Sq Ft: 2226
  • Price Per Sq Ft: 79.69
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Tippecanoe School Corp.
  • Elementary School: Wea Ridge
  • Middle School: Wea Ridge
  • High School: Mc Cutcheon

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 125x80
  • Estimated Lot Sq Ft: 10000
  • Estimated Lot Size Acres: 0.229
  • Lot Number: 8

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1675
  • 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: 2598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Kakani Sudhakar and Kakani Vijaya
Bought by
Srk Rentals Llc
Total Days on Market
25
Current Estimated Value
$279,751

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 30, 2018
Sold by
Sw 19 Llc
Bought by
Kakani Sudhaker and Kakani Vijaya
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Jing Zhang
Keller Williams Lafayette
List Price
$179,900
Sold Price
$177,400
Premium/Discount to List
-$2,500
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 28, 2015
Sold by
Blue Mountain Homes Llc
Bought by
Sw 19 Llc
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$144,000
Sold Price
$146,300
Premium/Discount to List
$2,300
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$108,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bank Of America
Bought by
Blue Mountain Homes Llc

Purchase Details

Closed on
Jan 2, 2013
Sold by
Tippecanoe County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
May 9, 2006
Sold by
Shriner Timothy J and Shriner Kathleen J
Bought by
Carranza Enrique and Carranza Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
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
Srk Rentals Llc -- None Available
Kakani Sudhaker -- None Available
Sw 19 Llc -- --
Blue Mountain Homes Llc $101,850 --
Us Bank Na $143,897 --
Carranza Enrique -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sw 19 Llc $108,000
Previous Owner Carranza Enrique $103,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $177,400 -1.4% $80 / Sq Ft
09/21/2018 09/21/18 For Sale $179,900 +23.0% $81 / Sq Ft
08/28/2015 08/28/15 Sold $146,300 +1.6% $131 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $144,000 -- $129 / 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 $2,916 $199,300 $22,500 $176,800
2023 $2,916 $145,800 $22,500 $123,300
2022 $2,916 $145,800 $22,500 $123,300
2021 $2,804 $140,200 $22,500 $117,700
2020 $2,696 $134,800 $22,500 $112,300
2019 $2,696 $134,800 $22,500 $112,300
2018 $2,598 $129,900 $22,500 $107,400
2017 $2,598 $129,900 $22,500 $107,400
2016 $2,516 $125,770 $22,500 $103,270
2014 $2,466 $123,300 $22,500 $100,800
2013 $2,440 $122,000 $22,500 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201842890

Indiana Regional MLS

APN: 79-11-08-127-009.000-033