NOT LISTED FOR SALE

Estimated Value: $211,000 - $353,475

4 Beds
2 Baths
2,816 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $131,408 $47 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,770/month

Highlights

  • 0.12 Acre Lot
  • Enclosed Patio or Porch
  • Level Lot
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2020

2 Story duplex in Downtown Lafayette. Original Woodworking. One unit is leased for $975 per month. Owner occupies 2nd Unit. 2 bedroom/1 bath Units.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 04/06/2020

Last Buyer's Agent

Gregory Vogel

VOGEL REAL ESTATE Listed on: 04/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41x126
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-29-230-022.000-004

Community Details

Overview

  • 2 Units
  • Taylor Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,096

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 Addition lot 16
  • Parcel Number ID: 79-07-29-230-022.000-004
  • Platted: Yes
  • Amenities: Basement, Porch Enclosed
  • Sp Lp Percent: 123.97
  • Monthly Gross Income: 975
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 4610
  • Total Finished Sq Ft: 2816
  • Above Grade Finished Sq Ft: 2816
  • Below Grade Sq Ft: 1794
  • Price Per Sq Ft: 46.66
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete, Stone
  • Flooring: Part Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 1794
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 1500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x126
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

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

Multi Family

  • Gross Monthly Rent: 975
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2096

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Baxter Riggs Alan and Baxter Kaitlin R
Bought by
Thinnes Theresa Christine
Total Days on Market
0
Current Estimated Value
$260,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$277,038
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$16,669

Purchase Details

Listed on
Apr 6, 2020
Closed on
Apr 7, 2020
Sold by
Bovio Samuel J
Bought by
Baxter Riggs Alan Carl and Baxter Kaitlin R
Seller's Agent
Gregory Vogel
VOGEL REAL ESTATE
Buyer's Agent
Gregory Vogel
VOGEL REAL ESTATE
List Price
$106,000
Sold Price
$131,408
Premium/Discount to List
$25,408
23.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$129,027
Interest Rate
3.4%
Mortgage Type
FHA
Source: Public Records

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
Thinnes Theresa Christine -- First American Title
Baxter Riggs Alan Carl -- Advantage Title, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thinnes Theresa Christine $280,000
Previous Owner Baxter Riggs Alan Carl $129,027
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $131,408 +24.0% $47 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $106,000 -- $38 / 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 $4,251 $171,300 $13,000 $158,300
2023 $1,500 $119,400 $13,000 $106,400
2022 $1,418 $114,300 $13,000 $101,300
2021 $1,428 $114,300 $13,000 $101,300
2020 $1,379 $105,800 $13,000 $92,800
2019 $2,116 $105,800 $10,000 $95,800
2018 $2,096 $104,800 $10,000 $94,800
2017 $2,294 $114,700 $10,000 $104,700
2016 $2,294 $114,700 $10,000 $104,700
2014 $1,064 $106,400 $10,000 $96,400
2013 $980 $98,000 $10,000 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202012191

Indiana Regional MLS

APN: 79-07-29-230-022.000-004