NOT LISTED FOR SALE

Estimated Value: $264,458 - $270,000

6 Beds
4 Baths
3,152 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $255,000 $81 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,595/month

26 Days on Market

Highlights

  • Corner Lot
  • Crown Molding
  • Kitchen Island
  • Covered patio or porch
  • Concrete Kitchen Countertops
  • 1-minute walk to South Tipp Park

About This Home

As of June 2023

Welcome to this Historic duplex in Lafayette, just a few blocks from downtown and close to Purdue. Across the street is a bus stop to get you anywhere you need to go. The units are identical in square footage , both with 2 full bathrooms, 3 bedrooms, both have large living rooms with dining area and Kitchen has a breakfast bar, also laundry area with washer and dryer included.

Last Listed By

Daphne Potts

F.C. Tucker/Shook Listed on: 04/30/2023

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,923

Year Built

  • Built in 1900

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 132x50
  • Corner Lot
  • Level Lot
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

  • Kitchen Island
  • Concrete Kitchen Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stone or Rock in Basement

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
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for building insurance, cable, lawn maintenance, sewer, water, water softener
  • Assessor Parcel Number 79-07-29-257-004.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Maintenance Expense $1,500
  • Water Sewer Expense $950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,923

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ROMIGS ADDN LOT 51
  • Parcel Number ID: 79-07-29-257-004.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Cable Ready, Ceiling-9+, Countertops-Concrete, Crown Molding, Kitchen Island, Porch Covered, Water Heater Gas, Water Softener-Owned, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 2300
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 4112
  • Total Finished Sq Ft: 3152
  • Above Grade Finished Sq Ft: 3152
  • Below Grade Sq Ft: 960
  • Price Per Sq Ft: 80.9
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete, Stone
  • Flooring: Carpet, Ceramic Tile
  • Total Below Grade Sq Ft: 960
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Cable Company: Spectrum
  • Annual Insurance Expense: 1300
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 950
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 132x50
  • Estimated Lot Sq Ft: 6578
  • Estimated Lot Size Acres: 0.151

Rental Info

  • Lease Term: 6 Months, 1 Year
  • Owner Pays: Building Insurance, Cable, Lawn Maintenance, Sewer, Water, Water Softener
  • Tenant Pays: Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 2300
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1923.1

MLS Schools

  • High School: Jefferson
  • Middle School: Sunnyside/Tecumseh
  • School District: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 2, 2023
Sold by
Cristancho Jorge Andres
Bought by
Cristancho Jorge Andres
Seller's Agent
Daphne Potts
F.C. Tucker/Shook
Buyer's Agent
Niki Perdue
Trueblood Real Estate
List Price
$255,000
Sold Price
$255,000
Total Days on Market
26
Views
58
Current Estimated Value
$267,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,819
Avg. Annual Appreciation
2.84%
Original Mortgage
$204,000
Outstanding Balance
$199,826
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$69,647

Purchase Details

Listed on
Apr 30, 2023
Closed on
May 23, 2023
Sold by
Velasquez Juan Diego
Bought by
Cristancho Jorge Avres and Rodriguez-Arias Rocio
Seller's Agent
Daphne Potts
F.C. Tucker/Shook
Buyer's Agent
Niki Perdue
Trueblood Real Estate
List Price
$255,000
Sold Price
$255,000
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$199,826
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$69,647

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 15, 2018
Sold by
Slj Properties Llc
Bought by
Velasques Juan Diego and Ferendo Robert Lee
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Kathryn Oreovicz
F.C. Tucker/Shook
List Price
$130,000
Sold Price
$128,600
Premium/Discount to List
-$1,400
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%
Original Mortgage
$96,450
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Lafayette Savings Bank Fsb
Bought by
Slj Properties L L C

Purchase Details

Closed on
Dec 19, 2005
Sold by
Meadows Terry L
Bought by
Lafayette Savings Bank Fsb

Purchase Details

Closed on
Sep 18, 2001
Sold by
Bright National Bank Of Carroll County
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
$88,000
Interest Rate
7.25%
Mortgage Type
Commercial

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 Buyer Sale Price Title Company
Cristancho Jorge Andres $255,000 None Listed On Document
Cristancho Jorge Avres $255,000 None Listed On Document
Velasques Juan Diego -- None Available
Slj Properties L L C -- None Available
Lafayette Savings Bank Fsb -- None Available
Meadows Terry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cristancho Jorge Avres $204,000
Previous Owner Velasquez Juan Diego $100,500
Previous Owner Velasques Juan Diego $96,450
Previous Owner Meadows Terry L $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $255,000 0.0% $81 / Sq Ft
04/30/2023 04/30/23 For Sale $255,000 +98.3% $81 / Sq Ft
10/15/2018 10/15/18 Sold $128,600 -1.1% $41 / Sq Ft
08/28/2018 08/28/18 For Sale $130,000 -- $41 / 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 $1,237 $183,600 $13,000 $170,600
2023 $1,237 $98,500 $13,000 $85,500
2022 $1,923 $94,300 $13,000 $81,300
2021 $1,683 $82,000 $13,000 $69,000
2020 $1,225 $63,100 $13,000 $50,100
2019 $1,215 $63,100 $10,000 $53,100
2018 $1,283 $62,500 $10,000 $52,500
2017 $1,040 $50,500 $10,000 $40,500
2016 $1,035 $50,400 $10,000 $40,400
2014 $1,229 $60,100 $10,000 $50,100
2013 $684 $32,900 $10,000 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202313479

Indiana Regional MLS

APN: 79-07-29-257-004.000-004