425 S 4th St Lafayette, IN 47901
Ellsworth Romig NeighborhoodEstimated Value: $162,000 - $267,000
4
Beds
2
Baths
2,400
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- 1-minute walk to South Tipp Park
- Laundry in Utility Room
- Level Lot
About This Home
As of September 2020Minutes away from Lafayette, Purdue University, US231, State Road 26 to name a few major roads and locations. This Investment Property has 2 bedrooms on the upstairs floor on each level with two large downstairs living rooms, a kitchen and a separate laundry room located in the rear. The duplex offers off street parking in the rear of the house as well as on street parking in the front. Updates and TLC needed throughout as some exterior items are showing their age however the duplex is is currently rented on both sides and no immediate work is necessary. Newer roof, newer windows, and newer flooring on one side of unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,182
Year Built
- Built in 1850
Lot Details
- 6,600 Sq Ft Lot
- Lot Dimensions are 50x132
- Brick Fence
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Basement
- Basement Cellar
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer Hookup
Location
- Suburban Location
Schools
- Vinton Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for cable, cooling, electric, fuel, heating, water
- The owner pays for building insurance, lawn maintenance, maintenance, tax, trash collection
- Assessor Parcel Number 79-07-29-257-005.000-004
Community Details
Overview
- 2 Units
- Romig Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $578
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2020
Closed on
Sep 9, 2020
Sold by
Midwest Paradise Properties Ii Llc
Bought by
Hess Angela Elizabeth
Seller's Agent
Ryan Griswold
Elite Property Mgmt and Realty
Buyer's Agent
Ryan Griswold
Elite Property Mgmt and Realty
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%
Total Days on Market
1
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
$115,500
Avg. Annual Appreciation
10.16%
Original Mortgage
$79,200
Outstanding Balance
$71,393
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$84,607
Purchase Details
Closed on
Nov 29, 2007
Sold by
Johnson Theodore E and Woolever Ryan M
Bought by
Mccraw Kevin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2007
Sold by
Fannie Mae
Bought by
Johnson Theodore E and Woolever Ryan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 9, 2007
Sold by
Meadows Terry L
Bought by
Mortgage Electronic Registration System and Gmac Mortgage Corp
Purchase Details
Closed on
Jan 8, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 11, 2001
Sold by
Carol Vicki
Bought by
Meadows Terry L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
6.99%
Mortgage Type
Commercial
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Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hess Angela Elizabeth | -- | Metropolitan Title | |
| Midwest Paradise Properties Ii Llc | -- | Metropolitan Title | |
| Mccraw Kevin R | -- | None Available | |
| Johnson Theodore E | -- | None Available | |
| Mortgage Electronic Registration System | $73,697 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Meadows Terry L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hess Angela Elizabeth | $79,200 | |
| Previous Owner | Mccraw Kevin R | $64,200 | |
| Previous Owner | Mccraw Kevin R | $71,100 | |
| Previous Owner | Johnson Theodore E | $40,500 | |
| Previous Owner | Meadows Terry L | $83,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2020 09/09/20 | Sold | $99,000 | -9.9% | $41 / Sq Ft |
| 07/17/2020 07/17/20 | For Sale | $109,900 | -- | $46 / 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 | $1,846 | $110,300 | $13,000 | $97,300 |
| 2023 | $1,846 | $92,300 | $13,000 | $79,300 |
| 2022 | $1,766 | $88,300 | $13,000 | $75,300 |
| 2021 | $1,536 | $76,800 | $13,000 | $63,800 |
| 2020 | $1,182 | $59,100 | $13,000 | $46,100 |
| 2019 | $1,182 | $59,100 | $10,000 | $49,100 |
| 2018 | $1,170 | $58,500 | $10,000 | $48,500 |
| 2017 | $1,136 | $56,800 | $10,000 | $46,800 |
| 2016 | $1,134 | $56,700 | $10,000 | $46,700 |
| 2014 | $1,628 | $81,400 | $10,000 | $71,400 |
| 2013 | $1,504 | $75,200 | $10,000 | $65,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Griswold
Seller's Agent in 2020
Ryan Griswold
Elite Property Mgmt and Realty
(765) 426-5502
3 in this area
102 Total Sales
-
Kevin McCraw
Seller Co-Listing Agent in 2020
Kevin McCraw
Elite Property Mgmt and Realty
(765) 714-2215
1 in this area
29 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202027685
APN: 79-07-29-257-005.000-004
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