NOT LISTED FOR SALE

Estimated Value: $207,000 - $209,000

4 Beds
2 Baths
2,612 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $195,866 $75 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,342/month

11 Days on Market

Highlights

  • Wood Flooring
  • Picket Fence
  • Skylights
  • Balcony
  • 1 Car Detached Garage
  • Crown Molding

About This Home

As of June 2022

Magnificent two story home on New York Street sits at the heart of the historic Ellsworth-Romig neighborhood in Downtown Lafayette. Home’s interior boasts plenty of natural woodwork, glass pane French doors into the lower living room/parlor and some original hardwood floors. There are 2 units with 2 bedrooms and one bathroom each and 2 single car detached garages with alley access. Front entry for each unit is in enclosed porch to keep away the elements. Main floor unit has access to partial unfinished basement where the laundry is located and mudroom entry in rear of lower level entry. Back yard includes uncovered wood deck. Upper unit has a dedicated laundry space off the kitchen and a covered and screened in balcony porch. This income producing property is fully rented at $1000/mo for each of the two units. Upstairs Tennant pays own electric, owner pays electric downstairs, gas and city water bill for both units with trash and wastewater included in city water bill. Interior square footage measurements taken from Tippecanoe County public record.

Last Listed By

Billy Brand

Concord Realty Group Listed on: 04/28/2022

Concord Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1860

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 50 x 126
  • Picket Fence
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Historic Home

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Laminate Countertops
  • Laundry in Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Public Parking
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • The owner pays for building insurance, cooling, heating, maintenance
  • Assessor Parcel Number 79-07-29-230-017.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,517
  • Fuel Expense $1,216
  • Insurance Expense $1,000
  • Water Sewer Expense $568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,838

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1860
  • Age: 162
  • Style: Two Story
  • Architectural Style: Historic, Converted House
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: TAYLOR WHITE PETERSON & ELLSWORTH 50 FT E SIDE LOT 13
  • Parcel Number ID: 79-07-29-230-017.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Skylights, Balcony, Countertops-Laminate, Crown Molding, Deck Open, Foyer Entry, Water Heater Gas, Water Softener-Owned
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.93
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3012
  • Total Finished Sq Ft: 2612
  • Above Grade Finished Sq Ft: 2612
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 74.99
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block, Brick
  • Flooring: Ceramic Tile, Wood
  • Total Below Grade Sq Ft: 400
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Fence: Partial, Picket, Wood
  • Stories: 2

Garage/Parking

  • Parking: Garage, Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1517
  • Annual Fuel Expense: 1216
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 568
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50 x 126
  • Estimated Lot Sq Ft: 6316
  • Estimated Lot Size Acres: 0.145

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cooling, Heating, Maintenance
  • Tenant Pays: Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1837.94

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Varner Family Trust and Varner Jonathan
Bought by
Vftin Llc
Total Days on Market
11
Current Estimated Value
$208,051

Purchase Details

Closed on
Oct 8, 2022
Sold by
Vanier Jonathan and Vanier Samantha
Bought by
Varner Family Trust

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 15, 2022
Sold by
Cuthbertson Steven M
Bought by
Varner Jonathan and Varner Samantha
Seller's Agent
Billy Brand
Concord Realty Group
Buyer's Agent
Terry Holt
BerkshireHathaway HS IN Realty
List Price
$200,000
Sold Price
$195,866
Premium/Discount to List
-$4,134
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%

Range of Values:

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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
Vftin Llc -- None Listed On Document
Varner Family Trust -- --
Varner Jonathan $195,866 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuthbertson Steve M $30,000
Closed Varner Jonathan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $195,866 -2.1% $75 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $200,000 -- $77 / 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 $2,193 $155,500 $13,000 $142,500
2023 $2,193 $109,100 $13,000 $96,100
2022 $2,106 $104,400 $13,000 $91,400
2021 $1,838 $90,800 $13,000 $77,800
2020 $1,840 $90,800 $13,000 $77,800
2019 $1,841 $90,800 $10,000 $80,800
2018 $1,825 $89,900 $10,000 $79,900
2017 $1,775 $87,500 $10,000 $77,500
2016 $1,751 $86,610 $10,000 $76,610
2014 $1,670 $82,400 $10,000 $72,400
2013 $1,553 $76,600 $10,000 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202215318

Indiana Regional MLS

APN: 79-07-29-230-017.000-004