602 S 1st St Lafayette, IN 47905
Wabash NeighborhoodEstimated Value: $187,000 - $232,278
4
Beds
2
Baths
2,144
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Covered patio or porch
- Utility Sink
- Corner Lot
- 3 Car Detached Garage
- Bathtub with Shower
About This Home
As of May 2024Prime investment opportunity in the heart of the Wabash Avenue Neighborhood. Positioned between St. Ann's church and the proposed Wabash Neighborhood riverfront park and redevelopment, this property boasts significant potential. With a solid rental history spanning two decades, it presents a lucrative option for investors or owner-occupiers alike. Updates such as fresh paint, flooring, and cosmetic touches could transform this property into a highly desirable asset. Conveniently located near popular amenities including Sacred Grounds coffee shop, Shamrock Park, and dog park, and just a short 15-minute stroll to downtown Lafayette. Featuring 4-5 bedrooms, 2 full baths, and a spacious kitchen area, plus a 3-car masonry constructed garage with abundant possibilities. Don't miss out on this promising investment opportunity
Last Agent to Sell the Property
Keller Williams Lafayette Brokerage Phone: 765-714-1971 Listed on: 03/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,344
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 120 x 60
- Corner Lot
- Level Lot
- Property is zoned R1
Parking
- 3 Car Detached Garage
- Off-Street Parking
Home Design
- Traditional Architecture
- Planned Development
- Poured Concrete
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
Kitchen
- Electric Oven or Range
- Laminate Countertops
- Utility Sink
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Schools
- Thomas Miller Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 79-07-29-180-001.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Apr 29, 2024
Sold by
Deboer Jeffrey A and Deboer Tina M
Bought by
Thompson Daniel
Seller's Agent
Scott Brown
Keller Williams Lafayette
Buyer's Agent
Aimee Ness
Aimee Ness Realty Group
List Price
$175,000
Sold Price
$193,500
Premium/Discount to List
$18,500
10.57%
Views
62
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
$7,070
Avg. Annual Appreciation
2.62%
Original Mortgage
$154,800
Outstanding Balance
$153,289
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$46,009
Purchase Details
Closed on
Oct 7, 2002
Sold by
Bank Of New York
Bought by
Deboer Jeffrey A and Deboer Tina M
Purchase Details
Closed on
May 21, 2002
Sold by
Countrywide Home Loans Inc
Bought by
Bank Of New York
Similar Homes in Lafayette, IN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Daniel | -- | None Listed On Document | |
| Deboer Jeffrey A | -- | -- | |
| Bank Of New York | -- | -- | |
| Countrywide Home Loans Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Daniel | $154,800 | |
| Previous Owner | Deboer Jeffrey A | $63,000 | |
| Previous Owner | Deboer Jeffrey A | $63,265 | |
| Previous Owner | Deboer Jeffrey A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2024 05/06/24 | Sold | $193,500 | +10.6% | $90 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $175,000 | -- | $82 / 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 | $2,344 | $113,300 | $13,000 | $100,300 |
| 2023 | $2,344 | $117,200 | $13,000 | $104,200 |
| 2022 | $2,344 | $117,200 | $13,000 | $104,200 |
| 2021 | $2,298 | $114,900 | $13,000 | $101,900 |
| 2020 | $2,298 | $114,900 | $13,000 | $101,900 |
| 2019 | $2,210 | $110,500 | $15,000 | $95,500 |
| 2018 | $2,188 | $109,400 | $15,000 | $94,400 |
| 2017 | $2,178 | $108,900 | $15,000 | $93,900 |
| 2016 | $2,156 | $107,810 | $15,000 | $92,810 |
| 2014 | $2,212 | $110,600 | $13,800 | $96,800 |
| 2013 | $1,968 | $98,400 | $13,800 | $84,600 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Brown
Seller's Agent in 2024
Scott Brown
Keller Williams Lafayette
(765) 714-1971
1 in this area
82 Total Sales
-
Aimee Ness
Buyer's Agent in 2024
Aimee Ness
Aimee Ness Realty Group
(765) 418-3969
1 in this area
136 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202410171
APN: 79-07-29-180-001.000-004
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