NOT LISTED FOR SALE

440 N Salisbury St West Lafayette, IN 47906

Estimated Value: $377,000 - $470,000

-- Bed
2 Baths
2,254 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $179,900 $80 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,866/month

5 Days on Market

About This Home

As of September 2012

Great Opportunity! Duplex within close walking distance to Purdue. Each unit rents for $975.00. Both units rented. Tenants pay utilities. Washer and Dryer in basement. Needs TLC. Sold as-is.

Last Listed By

Meg Howlett

F.C. Tucker/Shook Listed on: 08/01/2012

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,391

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 56x140

Home Design

  • Asbestos Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Schools

  • Happy Hollow/Cumberland Elementary School
  • West Lafayette Middle School
  • West Lafayette High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 79-17-20-103-012.000-026

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,104
  • Fuel Expense $1,394
  • Insurance Expense $1,200
  • Water Sewer Expense $1,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,391

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 103
  • Style: Two Story
  • Legal Description: ORIG PLAT OF CHAUNCEY 56X140 FT S SIDE N 1/2 SALISBURY ST LOT 103 |
  • Parcel Number ID: 79-17-20-103-012.000-026
  • Sp Lp Percent: 100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2254
  • Above Grade Finished Sq Ft: 2254
  • Price Per Sq Ft: 79.81
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Total Below Grade Sq Ft: 588

Exterior Features

  • Exterior: Asbestos
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1104
  • Annual Fuel Expense: 1394
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 1107

Schools

  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette
  • Elementary School: Happy Hollow/Cumberland

Lot Info

  • Lot Dimensions: 56x140

Rental Info

  • Lease Term: 1 Year

Tax Info

  • Total Assessed Value: 185300
  • Annual Property Tax: 4391

Multi Family

  • Number Of Units: 2

MLS Schools

  • High School: West Lafayette
  • Middle School: West Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2013
Sold by
Equity Trust Co Custodian Fbo
Bought by
Moore Erik G and Moore Susan A
Total Days on Market
5
Current Estimated Value
$423,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 12, 2012
Sold by
Vogezang Randall
Bought by
Equity Trust Co and Neil Klemme Roth Ira
Seller's Agent
Meg Howlett
F.C. Tucker/Shook
Buyer's Agent
Brent Parks
BW Parks Property Mgmt
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Range of Values:

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Average Value
Not Available
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
Moore Erik G -- --
Equity Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Erik G $112,204
Closed Moore Erik G $149,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $179,900 0.0% $80 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $179,900 -- $80 / 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 $6,219 $310,500 $61,000 $249,500
2023 $6,219 $262,400 $61,000 $201,400
2022 $5,951 $251,100 $61,000 $190,100
2021 $4,877 $205,800 $61,000 $144,800
2020 $4,877 $205,800 $61,000 $144,800
2019 $4,877 $205,800 $61,000 $144,800
2018 $4,712 $198,800 $62,700 $136,100
2017 $4,586 $193,500 $62,700 $130,800
2016 $4,529 $191,110 $62,700 $128,410
2014 $4,408 $186,000 $57,700 $128,300
2013 $4,375 $184,600 $57,700 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 301537

Indiana Regional MLS

APN: 79-07-20-103-012.000-026