NOT LISTED FOR SALE

Estimated Value: $124,000 - $127,000

4 Beds
2 Baths
1,792 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $80,000 $45 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $888/month

29 Days on Market

About This Home

As of June 2020

Great investment potential. This is one of 13 properties up for sale.

Last Agent to Sell the Property

Lisa Dague

Lisa Dague Realty Listed on: 03/12/2020

Last Buyer's Agent

Lisa Dague

Lisa Dague Realty Listed on: 03/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1900

Lot Details

  • 3,790 Sq Ft Lot
  • Lot Dimensions are 30x126
  • Sloped Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-29-230-007.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,230

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Taylor White Peterson & Ellsworth E 1/2 Lot 25
  • Parcel Number ID: 79-07-29-230-007.000-004
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Sp Lp Percent: 88.89
  • Monthly Gross Income: 1310
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Sq Ft: 448
  • Price Per Sq Ft: 44.64
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 896
  • Total Below Grade Sq Ft: 448
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 30x126
  • Estimated Lot Sq Ft: 3790
  • Estimated Lot Size Acres: 0.087

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1310
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1230

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 24, 2020
Sold by
Rempro Llc
Bought by
Northridge Rents Indiana Llc
Seller's Agent
Lisa Dague
Lisa Dague Realty
Buyer's Agent
Lisa Dague
Lisa Dague Realty
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Current Estimated Value
$125,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,500
Avg. Annual Appreciation
12.58%
Original Mortgage
$648,000
Outstanding Balance
$585,687
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
-$437,187

Purchase Details

Closed on
Apr 16, 2014
Sold by
Rch Properties Llc
Bought by
Rempro Llc

Purchase Details

Closed on
Feb 22, 2007
Sold by
Hockema Robert C
Bought by
Rch Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2006
Sold by
Martin Jeremy B
Bought by
Hockema Robert C

Purchase Details

Closed on
Mar 17, 2003
Sold by
Ely Deborah P
Bought by
Martin Jeremy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.96%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2002
Sold by
Benner Jay and Benner Nikki
Bought by
Ely Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2002
Sold by
Stair Richard E
Bought by
Benner Jay and Benner Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.93%
Mortgage Type
Commercial
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
Northridge Rents Indiana Llc -- Metropolitan Title
Rempro Llc -- --
Rch Properties Llc -- None Available
Hockema Robert C $20,001 None Available
Martin Jeremy B -- --
Ely Deborah P -- --
Benner Jay $34,011 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northridge Rents Indiana Llc $648,000
Previous Owner Rch Properties Llc $58,000
Previous Owner Martin Jeremy B $98,000
Previous Owner Benner Jay $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $80,000 -11.1% $45 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $90,000 -- $50 / 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 $2,624 $131,200 $9,800 $121,400
2023 $1,716 $85,800 $9,800 $76,000
2022 $1,642 $82,100 $9,800 $72,300
2021 $1,428 $71,400 $9,800 $61,600
2020 $1,242 $62,100 $9,800 $52,300
2019 $1,242 $62,100 $10,000 $52,100
2018 $1,230 $61,500 $10,000 $51,500
2017 $1,198 $59,900 $10,000 $49,900
2016 $1,188 $59,350 $10,000 $49,350
2014 $1,134 $56,700 $10,000 $46,700
2013 $1,036 $51,800 $10,000 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202009591

Indiana Regional MLS

APN: 79-07-29-230-007.000-004