Seller's Agent in 2024
Tabitha Casto
TruVant Realty
(765) 427-2501
8 in this area
184 Total Sales
405 Lingle Ave Lafayette, IN 47901
Ellsworth Romig NeighborhoodEstimated Value: $157,000 - $460,000
12
Beds
6.5
Baths
5,116
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- Corner Lot
- Level Lot
- Wood Flooring
- Forced Air Heating and Cooling System
- Wood Siding
About This Home
As of September 2024Incredible opportunity for local investors and developers in Lafayette's historic Ellsworth-Romig Neighborhood. This large corner lot features three properties - a single family home and two duplex units with stunning views of downtown Lafayette. The potential for growth and development in this area is unmatched. Whether you choose to renovate the existing units or start fresh with a new project, the possibilities are endless. Don't miss out on this prime real estate opportunity! 24 hour noticed required before all showings. Properties being sold as-is. (Realtors please read agent remarks for additional info, rents, and utilities.)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,411
Year Built
- Built in 1920
Lot Details
- 0.5 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Block Basement Construction
- Washer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
Parking
- 5 Parking Spaces
- Gravel Driveway
- Off-Street Parking
Location
- Suburban Location
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electric, heating
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 79-07-29-238-001.000-004
Community Details
Overview
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 3 Separate Water Meters
- Water Sewer Expense $1,950
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Sep 30, 2024
Sold by
4Th Offset Llc
Bought by
900 Place Llc
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
John Tiebel
900 Place
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,500
Avg. Annual Appreciation
-27.78%
Purchase Details
Closed on
Feb 11, 2022
Sold by
Frampton Michael E and Frampton Luanne F
Bought by
4Th Offset Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.56%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 900 Place Llc | -- | Columbia Title | |
| 4Th Offset Llc | $375,000 | Metropolitan Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 4Th Offset Llc | $281,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $450,000 | -5.3% | $88 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | Price Changed | $475,000 | -4.0% | $93 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $495,000 | -10.0% | $97 / Sq Ft |
| 06/18/2024 06/18/24 | For Sale | $550,000 | -- | $108 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,412 | $120,600 | $30,000 | $90,600 |
| 2023 | $2,230 | $111,500 | $30,000 | $81,500 |
| 2022 | $2,134 | $106,700 | $30,000 | $76,700 |
| 2021 | $1,856 | $92,800 | $30,000 | $62,800 |
| 2020 | $1,856 | $92,800 | $30,000 | $62,800 |
| 2019 | $1,856 | $92,800 | $25,000 | $67,800 |
| 2018 | $1,838 | $91,900 | $25,000 | $66,900 |
| 2017 | $1,788 | $89,400 | $25,000 | $64,400 |
| 2016 | $1,772 | $88,560 | $25,000 | $63,560 |
| 2014 | $1,680 | $84,000 | $25,000 | $59,000 |
| 2013 | $1,590 | $79,500 | $25,000 | $54,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tabitha Casto
-
John Tiebel
J
Buyer's Agent in 2024
John Tiebel
900 Place
(765) 426-9683
2 in this area
13 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202422332
APN: 79-07-29-238-001.000-004
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