NOT LISTED FOR SALE

605 S 14th St Lafayette, IN 47905

Valley Center Neighborhood

Estimated Value: $237,000 - $304,000

4 Beds
2 Baths
2,016 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $105,000 $52 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,663/month

218 Days on Market

Highlights

  • 29 Acre Lot
  • Ceiling Fan
  • Carpet
  • Central Air
  • Level Lot
  • 1-Story Property

About This Home

As of July 2014

Nice Ranch style duplex. Open floor plan, vaulted ceilings, walk-in closets. Each unit has a small storage closet. Great location just minutes from downtown. Parking available behind building.

Last Agent to Sell the Property

Mary Junius

F.C. Tucker/Shook Listed on: 12/02/2013

Last Buyer's Agent

Brent Parks

BW Parks Property Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1986

Lot Details

  • 29 Acre Lot
  • Lot Dimensions are 100x125
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 79-07-28-181-026.000-000

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 100 FT OFF WEST SIDE OF LOTS 68-69 & N 1/2 LOT 67 W K ROCHESTERS S EAST ADDN |
  • Parcel Number ID: 79-07-28-181-026.000-000
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Water Heater Gas
  • Location: City/Town/Suburb
  • State Id: 156093000624
  • Special Features: None

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Main Level Sq Ft: 2016
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Level, Rolling
  • Lot Dimensions: 100x125
  • Estimated Lot Sq Ft: 1263240
  • Estimated Lot Size Acres: 29

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2554

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 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
Dec 2, 2013
Closed on
Jul 25, 2014
Sold by
Dpm Rentals Llc
Bought by
Raf Investments Llc
Seller's Agent
Mary Junius
F.C. Tucker/Shook
Buyer's Agent
Brent Parks
BW Parks Property Mgmt
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%
Current Estimated Value
$265,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,887
Avg. Annual Appreciation
8.54%
Original Mortgage
$78,750
Outstanding Balance
$60,074
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$205,813

Purchase Details

Closed on
Feb 2, 2010
Sold by
Cole Jerry V and Cole Faye E
Bought by
Dpm Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Raf Investments Llc -- --
Dpm Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raf Investments Llc $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $105,000 -12.4% $52 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $119,900 -- $59 / 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 $3,102 $155,100 $22,500 $132,600
2023 $2,794 $139,700 $22,500 $117,200
2022 $2,686 $134,300 $22,500 $111,800
2021 $2,442 $122,100 $22,500 $99,600
2020 $2,442 $122,100 $22,500 $99,600
2019 $2,442 $122,100 $38,900 $83,200
2018 $2,370 $118,500 $38,900 $79,600
2017 $2,370 $118,500 $38,900 $79,600
2016 $2,328 $116,440 $38,900 $77,540
2014 $2,212 $110,600 $38,900 $71,700
2013 $2,102 $105,100 $38,900 $66,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Junius

    F.C. Tucker/Shook

  • B

    Buyer's Agent in 2014

    Brent Parks

    BW Parks Property Mgmt

    (765) 423-2231

    1 in this area

    20 Total Sales

    Brent Parks
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201319178

Indiana Regional MLS

APN: 79-07-28-181-026.000-004

Indiana Tippecanoe County Lafayette 47905 Valley Center

605 S 14th St, Lafayette, IN

Not Listed for Sale

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