NOT LISTED FOR SALE

Estimated Value: $63,598 - $178,000

4 Beds
6 Baths
1,544 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $34,500 $22 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $821/month

36 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-minute walk to South Tipp Park
  • Covered patio or porch
  • Carpet

About This Home

As of May 2015

Lots of potential in this duplex with 2 bedrooms and living in each unit. Home is on corner lot and on bus route and would make an ideal investment opportunity. Sold As-IS, electrical work is needed and some TLC.

Last Listed By

Daryl Slucter

BerkshireHathaway HS IN Realty Listed on: 02/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1918

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x66
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Duplex

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Romig Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79-07-29-259-002.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$826

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1918
  • Age: 97
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: Romigs Addn E 1/2 Lot 25 |
  • Parcel Number ID: 79-07-29-259-002.000-004
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 98.57
  • Year Taxes Payable: 2015
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 1544
  • Total Finished Sq Ft: 1544
  • Above Grade Finished Sq Ft: 1544
  • Price Per Sq Ft: 22.34
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x66
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Tax Info

  • Annual Property Tax: 826

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Apr 17, 2015
Sold by
Us Bank Na
Bought by
Glr Fund Llc
Seller's Agent
Daryl Slucter
BerkshireHathaway HS IN Realty
Buyer's Agent
Stephen Toyra
FRG Lafayette LLC
List Price
$40,000
Sold Price
$34,500
Premium/Discount to List
-$5,500
-13.75%
Total Days on Market
36
Current Estimated Value
$125,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,699
Original Mortgage
$27,600
Outstanding Balance
$21,957
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2015
Sold by
Tippecanoe County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 21, 2003
Sold by
Hartwich Walter and Jill Hartwich A
Bought by
Griffith Electric Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2003
Sold by
Griffith Electric Inc
Bought by
Jacobson Phyllis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.06%
Mortgage Type
Commercial

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
Glr Fund Llc -- --
Us Bank Na $40,000 --
Griffith Electric Inc -- --
Jacobson Phyllis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glr Fund Llc $27,600
Previous Owner Griffith Electric Inc $64,000
Previous Owner Jacobson Phyllis L $72,000
Closed Jacobson Phyllis L $7,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $34,500 -13.8% $22 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $40,000 -- $26 / 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 $1,520 $125,500 $9,800 $115,700
2023 $1,520 $76,000 $9,800 $66,200
2022 $1,454 $72,700 $9,800 $62,900
2021 $1,264 $63,200 $9,800 $53,400
2020 $972 $48,600 $9,800 $38,800
2019 $972 $48,600 $10,000 $38,600
2018 $962 $48,100 $10,000 $38,100
2017 $936 $46,800 $10,000 $36,800
2016 $926 $46,330 $10,000 $36,330
2014 $886 $44,300 $10,000 $34,300
2013 $826 $41,300 $10,000 $31,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201507269

Indiana Regional MLS

APN: 79-07-29-259-002.000-004