NOT LISTED FOR SALE

613 S 9th St Lafayette, IN 47901

Estimated Value: $239,000 - $304,000

4 Beds
3 Baths
2,092 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 20, 2012

Last sale price $119,000 $57 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,747/month

289 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • 4-minute walk to Triangle Park

About This Home

As of August 2012

FULLY LEASED 3 UNIT ON S 9TH ST. FENCED YARD, ON BUS LINE, COIN LAUNDRY IN BASEMENT.

Last Agent to Sell the Property

Kimberly Davis

Epique Inc. Listed on: 10/31/2011

Epique Inc.

Last Buyer's Agent

Kimberly Davis

Epique Inc. Listed on: 10/31/2011

Epique Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 85x128

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Schools

  • Murdock Elementary School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 156092000120

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,672
  • Fuel Expense $1,896
  • Insurance Expense $1,356
  • Water Sewer Expense $780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,120

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1920
  • Age: 93
  • Architectural Style: Bungalow
  • Legal Description: JAMES WALLACE 5 FT N SIDE LOT 3 & 40 FET OFF S. |
  • Parcel Number ID: 156092000120
  • Sp Lp Percent: 92.25
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2092
  • Above Grade Finished Sq Ft: 2092
  • Below Grade Finished Sq Ft: 558
  • Price Per Sq Ft: 56.88
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Total Below Grade Sq Ft: 896

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3672
  • Annual Fuel Expense: 1896
  • Annual Insurance Expense: 1356
  • Annual Water Sewer Expense: 780

Schools

  • Elementary School: Murdock
  • High School: Jefferson
  • Elementary School: Murdock

Lot Info

  • Lot Dimensions: 85X128

Rental Info

  • Lease Term: 1 Year

Tax Info

  • Total Assessed Value: 104700
  • Annual Property Tax: 1120

Multi Family

  • Number Of Units: 3

MLS Schools

  • High School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2014
Sold by
Wesan Trust
Bought by
Highland Park Investment Llc
Current Estimated Value
$271,500

Purchase Details

Listed on
Oct 31, 2011
Closed on
Sep 13, 2012
Sold by
Wesan Trust
Bought by
Highland Park Investments Llc
Seller's Agent
Kimberly Davis
Epique Inc.
Buyer's Agent
Kimberly Davis
Epique Inc.
List Price
$129,000
Sold Price
$119,000
Premium/Discount to List
-$10,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Jun 26, 2007
Sold by
Sanders Mark E and Sanders Sara
Bought by
Wesan Trust

Purchase Details

Closed on
Oct 14, 2006
Sold by
Sanders Wiley E and Sanders Martha J
Bought by
Persephone Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2002
Sold by
Sanders Wiley E and Sanders Martha J
Bought by
Marwes Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Highland Park Investment Llc -- --
Highland Park Investments Llc -- None Available
Wesan Trust -- None Available
Sanders Mark E -- None Available
Persephone Holdings Llc -- None Available
Marwes Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Park Investments Llc $871,000
Closed Highland Park Investmenst Llc $425,000
Previous Owner Wesan Trust $104,000
Previous Owner Persephone Holdings Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2012 08/20/12 Sold $119,000 -7.8% $57 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $129,000 -- $62 / 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 $2,971 $148,200 $30,000 $118,200
2023 $2,120 $105,700 $30,000 $75,700
2022 $2,062 $102,600 $30,000 $72,600
2021 $2,024 $83,800 $30,000 $53,800
2020 $1,686 $83,800 $30,000 $53,800
2019 $1,676 $83,800 $10,000 $73,800
2018 $1,660 $83,000 $10,000 $73,000
2017 $1,616 $80,800 $10,000 $70,800
2016 $1,616 $80,800 $10,000 $70,800
2014 $1,502 $75,100 $10,000 $65,100
2013 $1,306 $65,300 $10,000 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 301069

Indiana Regional MLS

APN: 79-07-28-156-004.000-004