Seller's Agent in 2024
Chris Bradford
Bradford Real Estate
(765) 714-2550
2 in this area
133 Total Sales
610 S 1st St Lafayette, IN 47905
Wabash NeighborhoodEstimated Value: $115,000 - $146,773
4
Beds
1
Bath
1,860
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Bathtub with Shower
- Level Lot
- Wood Flooring
- Forced Air Heating and Cooling System
About This Home
As of January 2024Welcome to this fantastic investment opportunity in a serene corner of Lafayette. This four-bedroom, one full bath home is a cash flow gem, currently bringing in $925 per month with a lease secured until July 2024, providing you with a steady stream of income from day one. Situated in a peaceful neighborhood, this property offers a tranquil living environment for tenants while allowing you to enjoy worry-free rental income. Tenants are responsible for their own utilities, making this an even more lucrative investment. While the property could use a little TLC, it's a golden opportunity for investors looking to maximize their returns. With a bit of attention and care, you can increase its long-term value and continue to benefit from its excellent cash flow potential. Don't miss out on this chance to secure a reliable income stream with a promising future. Act now and make this investment property in Lafayette a part of your portfolio. Call us today to schedule a viewing and take the first step towards a profitable investment venture!
Last Agent to Sell the Property
Bradford Real Estate Brokerage Phone: 765-714-2550 Listed on: 10/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,079
Year Built
- Built in 1900
Lot Details
- 7,187 Sq Ft Lot
- Lot Dimensions are 60x120
- Level Lot
Home Design
- 1,860 Sq Ft Home
- Ranch Style House
- Shingle Roof
- Vinyl Construction Material
Kitchen
- Electric Oven or Range
- Laminate Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer Hookup
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
Listing and Financial Details
- Assessor Parcel Number 79-07-29-180-003.000-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2023
Closed on
Jan 19, 2024
Sold by
Medrano Eliseo
Bought by
Liu Chaofeng
Seller's Agent
Chris Bradford
Bradford Real Estate
Buyer's Agent
Cody Miller
Raeco Realty - Monticello
List Price
$125,000
Sold Price
$93,500
Premium/Discount to List
-$31,500
-25.2%
Views
569
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
$35,758
Avg. Annual Appreciation
32.16%
Purchase Details
Closed on
Sep 7, 2012
Sold by
Trueblood Kevin Ray
Bought by
Meb Enterprises Llc
Purchase Details
Closed on
Aug 16, 2010
Sold by
Benjamin Mark E
Bought by
Meb Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.63%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Liu Chaofeng | $93,500 | Metropolitan Title | |
| Medrano Eliseo | $93,500 | Metropolitan Title | |
| Medrano Eliseo | $93,500 | Metropolitan Title | |
| Meb Enterprises Llc | $93,500 | Metropolitan Title | |
| Meb Enterprises Llc | -- | -- | |
| Meb Enterprises Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Meb Enterprises Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Sold | $93,500 | -22.1% | $50 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 12/30/2023 12/30/23 | Price Changed | $120,000 | -4.0% | $65 / Sq Ft |
| 10/09/2023 10/09/23 | For Sale | $125,000 | -- | $67 / 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 | $1,643 | $82,000 | $13,000 | $69,000 |
| 2023 | $1,098 | $54,800 | $13,000 | $41,800 |
| 2022 | $999 | $49,800 | $13,000 | $36,800 |
| 2021 | $981 | $48,800 | $13,000 | $35,800 |
| 2020 | $981 | $48,800 | $13,000 | $35,800 |
| 2019 | $945 | $46,900 | $13,800 | $33,100 |
| 2018 | $935 | $46,400 | $15,300 | $31,100 |
| 2017 | $930 | $46,200 | $15,300 | $30,900 |
| 2016 | $914 | $45,700 | $15,300 | $30,400 |
| 2014 | $936 | $46,800 | $13,800 | $33,000 |
| 2013 | $196 | $46,400 | $13,800 | $32,600 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Bradford
-
Cody Miller
Buyer's Agent in 2024
Cody Miller
Raeco Realty - Monticello
(219) 816-2752
4 in this area
207 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202337059
APN: 79-07-29-180-003.000-004
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