NOT LISTED FOR SALE
12 Beds
6.5 Baths
5,116 Sq Ft
0.5 Acres

Last Sold February 11, 2022

Last sale price $375,000 $73 Per Sq Ft

276 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • Level Lot
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Triangle Park

About This Home

As of February 2022

Properties include 3 buildings(total of 5 units) and will not be sold separately: 1) 401 Lingle, Rent is $750 per month. This is a single family home with living room, dining room, 3 bedrooms and 1 full bath. 2) 405/407 Lingle 405 Rent is $630 per month, 407 Lingle Rent is $675 per month. This is a duplex with an upper and lower unit, both w/2 bedrooms 3) 623/625 Romig, 623 Rent is $725 per month, 625 Rent is $750 per month, This is a duplex both with 2-3 bedrooms and 2 baths. All units are currently rented. Tenants pay gas and electric. Tenant at 401 pays water. Properties are sold as is and no repairs will be made. See agent remarks

Last Listed By

Mike Frampton

Indiana Integrity REALTORS Listed on: 04/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,928

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 12 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal
  • Assessor Parcel Number 79-07-29-238-001.000-004

Community Details

Overview

  • 3 Buildings
  • 5 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,584
  • Maintenance Expense $20,185
  • Water Sewer Expense $1,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,928

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1920
  • Age: 102
  • Architectural Style: Traditional
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 7
  • Total Full Bathrooms: 6
  • Total Number of Half Bathrooms: 1
  • Legal Description: 405/407 Lingle Legal Description is LINGLE HGTS ADDN LOT Parcel # is 79-07-29-238-001.000-004 401 Lingle, 623/625 Romig Legal Description is LINGLE HGTS ADDN LOT Parcel # is 79-07-29-238-002.000-004
  • Parcel Number ID: 79-07-29-238-001.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke
  • Location: City/Town/Suburb
  • Parcel Id2: 79-07-29-238-002.000-004
  • Sp Lp Percent: 88.24
  • Monthly Gross Income: 3480
  • Special Features: None

Interior Features

  • Total Sq Ft: 8028
  • Total Finished Sq Ft: 5116
  • Above Grade Finished Sq Ft: 5116
  • Below Grade Sq Ft: 2912
  • Price Per Sq Ft: 73.3
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 2912
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 7
  • Parking: Gravel, Off Street, Private, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Annual Insurance Expense: 1584
  • Annual Maintenance Expense: 20185
  • Annual Water Sewer Expense: 1937
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Of W D Hookups: 1
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Rolling, Slope
  • Lot Dimensions: .50 acres
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Lease Term: 1 Year, Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 3530
  • Number Of Dryers: 1
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 3928

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
02/11/2022 02/11/22 Sold $375,000 -11.8% $73 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
04/06/2021 04/06/21 For Sale $425,000 -- $83 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202111192

Indiana Regional MLS