501 S 1st St Lafayette, IN 47905
Wabash NeighborhoodEstimated Value: $94,000 - $121,000
1
Bed
1
Bath
1,224
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Covered patio or porch
- Bathtub with Shower
- Corner Lot
- 1 Car Detached Garage
- Ceiling height of 9 feet or more
About This Home
As of February 2025Located in the heart of downtown Lafayette's historical district, this 1910 estate-sale property is full of potential. With over 1,200 sq. ft. of living space, this 1-bedroom, 1-bath home boasts timeless character, including high 9' ceilings and a spacious dining area off the kitchen. Situated on an oversized corner lot, the property includes three outbuildings, one of which is a 1-car detached garage, providing ample storage and workshop opportunities. The laundry is conveniently located in the kitchen, making it easy to reimagine the space into a modern layout. Whether you're an investor or a homeowner with a vision, this home’s good bones offer an excellent canvas to restore and revitalize. Priced to sell, this is your opportunity to bring this historical gem back to life while enjoying the charm and convenience of downtown Lafayette living.
Last Agent to Sell the Property
Keller Williams Lafayette Brokerage Phone: 765-412-3625 Listed on: 01/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,526
Year Built
- Built in 1910
Lot Details
- 7,200 Sq Ft Lot
- Lot Dimensions are 60x120
- Partially Fenced Property
- Aluminum or Metal Fence
- Corner Lot
- Property is zoned R1
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Wood Flooring
- Partially Finished Basement
- Block Basement Construction
- Washer and Electric Dryer Hookup
Kitchen
- Gas Oven or Range
- Laminate Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 79-07-29-176-012.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Feb 26, 2025
Sold by
Kingma Peggy S
Bought by
Brault Brenda A
Seller's Agent
Doug Browning
Keller Williams Lafayette
Buyer's Agent
Emily Dunn
The Real Estate Agency
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
46
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
$10,811
Avg. Annual Appreciation
40.05%
Similar Homes in Lafayette, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brault Brenda A | -- | Metropolitan Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $95,000 | -20.8% | $78 / Sq Ft |
| 01/13/2025 01/13/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $120,000 | -- | $98 / 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 | $1,526 | $77,500 | $13,000 | $64,500 |
| 2023 | $1,526 | $75,900 | $13,000 | $62,900 |
| 2022 | $1,391 | $69,000 | $13,000 | $56,000 |
| 2021 | $1,367 | $67,600 | $13,000 | $54,600 |
| 2020 | $1,367 | $67,600 | $13,000 | $54,600 |
| 2019 | $1,367 | $67,600 | $15,000 | $52,600 |
| 2018 | $1,367 | $67,600 | $15,000 | $52,600 |
| 2017 | $1,365 | $67,600 | $15,000 | $52,600 |
| 2016 | $1,349 | $66,910 | $15,000 | $51,910 |
| 2014 | $1,376 | $68,300 | $13,800 | $54,500 |
| 2013 | $1,364 | $67,700 | $13,800 | $53,900 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Browning
Seller's Agent in 2025
Doug Browning
Keller Williams Lafayette
(765) 412-3625
1 in this area
151 Total Sales
-
Emily Dunn
Buyer's Agent in 2025
Emily Dunn
The Real Estate Agency
(573) 239-1287
1 in this area
75 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202500530
APN: 79-07-29-176-012.000-004
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