NOT LISTED FOR SALE

549 S 3rd St La Fayette, IN 47905

Ellsworth Romig Neighborhood
13 Beds
7 Baths
8,837 Sq Ft
0.27 Acres

Last Sold October 31, 2017

Last sale price $390,000 $44 Per Sq Ft

28 Days on Market

Highlights

  • 0.27 Acre Lot
  • Patio
  • Central Air
  • Balcony
  • Laundry closet
  • 1-minute walk to SIA South Tipp Park

About This Home

As of October 2017

One of several properties in a stellar portfolio of downtown area properties. This sevenplex features a variety of spacious floor plans that have open concept living spaces, in unit washer/dryer, large bathroom, outdoor storage closet, balcony/patio, some apartments have new flooring, upstairs apartments include vaulted ceilings and much more! Call agent for details 3 parcel codes. Owner holds real estate license

Last Agent to Sell the Property

Christy Carr

Commercial Brokers Listed on: 08/17/2017

Last Buyer's Agent

Cathy Russell

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,479

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 152x131x25x184
  • Irregular Lot

Parking

  • 13 Parking Spaces

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 8,837 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry closet

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 79-07-29-260-008.000-004

Community Details

Building Details

  • Electric Expense $914
  • Fuel Expense $98
  • Insurance Expense $1,674
  • Maintenance Expense $5,724
  • Trash Expense $770
  • Water Sewer Expense $1,799

Additional Features

  • 7 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,479

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1999
  • Age: 18
  • Style: Two Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: 74 FT E SIDE 3RD STPT W NE SEC 29 TWP 23 R4 | 50 FT E SIDE 3RD STPT W NE SEC 29 TWP 23 R4 & 3rd Legal descript PT W NE SEC 29 TWP 23 R4660 SQ FT
  • Parcel Number ID: 79-07-29-260-008.000-004
  • Platted: Yes
  • Amenities: Storage, Balcony, Patio Open
  • Parcel Id2: 790729260012000004 & 790729260014000004
  • Sp Lp Percent: 95.35
  • Annual Miscellaneous: 3801
  • Monthly Gross Income: 4770
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 8837
  • Total Finished Sq Ft: 8837
  • Above Grade Finished Sq Ft: 8837
  • Price Per Sq Ft: 44.13
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Disposals: 7
  • Number Of Microwaves: 7
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 13

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 914.07
  • Annual Fuel Expense: 98.09
  • Annual Insurance Expense: 1674.03
  • Annual Maintenance Expense: 5724
  • Annual Trash Expense: 770.44
  • Annual Water Sewer Expense: 1799.04
  • Number Of W D Hookups: 7

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 152x131x25x184
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 4770
  • Number Of Dishwashers: 7
  • Number Of Dryers: 7
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Number Of Washers: 7
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 6
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 7479.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 31, 2017
Sold by
Carbin Development Llc
Bought by
Kbay Pacific Group Llc
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Cathy Russell
@properties
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$209,112
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kbay Pacific Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbay Pacific Group Llc $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $390,000 -4.6% $44 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $409,000 -- $46 / 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
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Christy Carr

    Commercial Brokers

  • Cathy Russell

    Buyer's Agent in 2017

    Cathy Russell

    @properties

    (765) 426-7000

    698 Total Sales

    Cathy Russell
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201738206

Indiana Regional MLS

APN: 79-07-29-260-012.000-004

Indiana Tippecanoe County La Fayette 47905 Ellsworth Romig

549 S 3rd St, La Fayette, IN

This home is located at 549 S 3rd St, La Fayette, IN 47905 since 17 August 2017. This property was built in 1999. 549 S 3rd St is a home located in Tippecanoe County with nearby schools including Thomas Miller Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes