NOT LISTED FOR SALE

616 Perrin Ave Lafayette, IN 47904

Perrin Neighborhood

Estimated Value: $221,000 - $241,956

3 Beds
2 Baths
1,900 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $189,000 $99 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,409/month

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Stone Countertops
  • Ceiling height of 9 feet or more
  • 4-minute walk to Erie Street Sharing Garden

About This Home

As of May 2021

Great duplex completely remodeled with the best original character left intact. Vacant so you can place your own tenants, or live in one side and rent out the other. Great location next to shopping, schools, and parks.

Last Agent to Sell the Property

Amanda Oakley

Trueblood Real Estate Listed on: 03/05/2021

Trueblood Real Estate

Last Buyer's Agent

Amanda Oakley

Trueblood Real Estate Listed on: 03/05/2021

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1900

Lot Details

  • 9,291 Sq Ft Lot
  • Lot Dimensions are 52x168
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Unfinished Basement
  • Crawl Space
  • Stone Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 79-07-21-330-015.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PERRINS ADDN LOT 92
  • Parcel Number ID: 79-07-21-330-015.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Ceiling-9+, Countertops-Stone, Porch Covered
  • Sp Lp Percent: 99.47
  • Special Features: None

Interior Features

  • Total Sq Ft: 2237
  • Total Finished Sq Ft: 1900
  • Above Grade Finished Sq Ft: 1900
  • Below Grade Sq Ft: 337
  • Price Per Sq Ft: 99.47
  • Basement: Yes
  • Basement Foundation: Crawl, Unfinished
  • Flooring: Ceramic Tile, Laminate, Wood
  • Total Below Grade Sq Ft: 337
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x168
  • Estimated Lot Sq Ft: 9291
  • Estimated Lot Size Acres: 0.21
  • Lot Number: 92

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 70900
  • Annual Property Tax: 1421

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 19, 2021
Sold by
Redding Donald J and Redding Michelle J
Bought by
Lidester Francis D
Seller's Agent
Amanda Oakley
Trueblood Real Estate
Buyer's Agent
Amanda Oakley
Trueblood Real Estate
List Price
$190,000
Sold Price
$189,000
Premium/Discount to List
-$1,000
-0.53%
Current Estimated Value
$231,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,319
Avg. Annual Appreciation
5.20%
Original Mortgage
$160,650
Outstanding Balance
$147,432
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$85,028
Source: Public Records

Similar Homes in Lafayette, IN

  • 601 Asher St, Lafayette, IN 47904

    $199,999

    • 3 Beds
    • 3 Baths
    • 1,540 Sq Ft
    • 601 Asher St
    • Lafayette, IN

    3 unit rental property close to downtown/Purdue! Great opportunity for investors, or perfect to live in one, and rent the other 2. Each unit has 1 bedroom and 1 bathroom, and comes with all appliances that you see. 1st and 2nd units are currently rented, 3rd is vacant.

    Emily Cary Keller Williams Realty Group

    Section Image
  • 719 N 13th St, Lafayette, IN 47904

    $200,000

    • 4 Beds
    • 2 Baths
    • 1,854 Sq Ft
    • 719 N 13th St
    • Lafayette, IN

    Discover an incredible investment opportunity in the heart of Lafayette with this charming duplex at 719-721 N 13th Street. This property features two townhouse-style units, offering a fantastic layout for potential owner-occupants or savvy investors. One side of the duplex is in need of renovation, presenting a unique chance to customize and enhance the space to your liking. Live in one side

    Wendy Yuill PMI Lafayette

    Section Image
  • 620 N 11th St Unit 22, Lafayette, IN 47904

    $245,000

    • 5 Beds
    • 2 Baths
    • 2,136 Sq Ft
    • 620 N 11th St
    • Unit 22
    • Lafayette, IN

    INVESTMENT OPPORTUNITY-DUPLUX!!! Don’t miss this income-producing duplex with brand new exterior siding and tons of potential! One side has been fully remodeled, offering 3 bedrooms and 1 bathroom, currently rented for $1,200/month. This unit is in excellent condition and ready to continue generating strong income. The second unit features 2 bedrooms and 1 bathroom and is currently rented for

    Jenny Sarti Raeco Realty

    Section Image
  • 1421 South St, Lafayette, IN 47901

    $244,900

    • 3 Beds
    • 3 Baths
    • 2,232 Sq Ft
    • 1421 South St
    • Lafayette, IN

    This updated 3-unit property at 1421 South Street in Lafayette is a fantastic investment opportunity, ideally located just minutes from downtown Lafayette and Purdue University. Each of the three units features 1 bed and 1 bath, with a total rental income of $2,300 per month. The property has been recently renovated with new siding, roof, windows, and gutters, ensuring long-term durability and

    Calvin Dykhuizen Trueblood Real Estate

    Section Image
  • 2022 Elk St, Lafayette, IN 47904

    $179,900

    • 2 Beds
    • 2 Baths
    • 752 Sq Ft
    • 2022 Elk St
    • Lafayette, IN

    This property is a non-conforming use with 2 rental units on one parcel. Please consult with your lender prior to making an offer. This unique investment opportunity features two separate housing units with grandfather zoning - allowing for flexible living or rental income! The main home is a cozy 2-bedroom, 1-bath residence, featuring a warm sunroom, spacious dining area, and an updated

    Scott Brown Keller Williams Lafayette

    Section Image
  • 900 S 28th St, Lafayette, IN 47904

    $267,000

    • 3 Beds
    • 2 Baths
    • 2,048 Sq Ft
    • 900 S 28th St
    • Lafayette, IN

    Welcome to this beautifully remodeled 3-bedroom home. As you step inside, you'll immediately notice the stunning new flooring that flows seamlessly throughout the home. The freshly painted walls complement the updated lighting, giving the space a bright, inviting atmosphere. The spacious living areas, including a formal dining room, are perfect for both casual living and entertaining. The heart

    Maria Campos Indiana Integrity REALTORS

    Section Image
  • 1118 S 2nd St, Lafayette, IN 47905

    $185,000

    • 3 Beds
    • 2 Baths
    • 1118 S 2nd St
    • Lafayette, IN

    This duplex investment property offers a fantastic opportunity with both sides currently rented, unit 1 with a long-term tenant. Unit 1 offers 2 beds/1 bath, a spacious living room, separate dining area, a covered porch in addition to the front porch and a large, fenced yard. Unit 2 which was remodeled in 2023, offers 1 bed/1 bath, roomy living room and a private entrance with off road parking.

    Lisa Robinson Keller Williams Indy Metro NE

    Section Image
See All Homes in Lafayette

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lidester Francis D $189,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lidester Francis D $160,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $189,000 -0.5% $99 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $190,000 -- $100 / 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 $1,435 $119,000 $16,000 $103,000
2023 $1,435 $71,700 $16,000 $55,700
2022 $867 $71,700 $16,000 $55,700
2021 $458 $71,700 $16,000 $55,700
2020 $1,421 $70,900 $16,000 $54,900
2019 $1,421 $70,900 $18,000 $52,900
2018 $1,407 $70,200 $18,000 $52,200
2017 $1,369 $68,300 $18,000 $50,300
2016 $1,354 $67,630 $18,000 $49,630
2014 $1,302 $65,000 $18,000 $47,000
2013 $1,220 $60,900 $18,000 $42,900
Source: Public Records

Agents Affiliated with this Home

  • Amanda Oakley

    Seller's Agent in 2021

    Amanda Oakley

    Trueblood Real Estate

    (765) 426-7606

    1 in this area

    196 Total Sales

    Amanda Oakley
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202106871

Indiana Regional MLS

APN: 79-07-21-330-015.000-004

Indiana Tippecanoe County Lafayette 47904 Perrin

616 Perrin Ave, Lafayette, IN

This home is located at 616 Perrin Ave, Lafayette, IN 47904 since 05 March 2021 and is currently estimated at $231,319, approximately $121 per square foot. This property was built in 1900. 616 Perrin Ave is a home located in Tippecanoe County with nearby schools including Murdock Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes