631 S 16th St Lafayette, IN 47905
Valley Center NeighborhoodEstimated Value: $207,000 - $262,680
6
Beds
2
Baths
2,384
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Level Lot
- Covered patio or porch
- Ceiling Fan
- Carpet
About This Home
As of December 2021Investment opportunity in central Lafayette. This duplex is situated at the corner of Kossuth & 16th. Each unit is 3 BR 1 BA total of 2384 sq ft. Each side has rented for $700 plus utilities. 633 has new paint and new carpet. Newer roof, one unit has newer HVAC, newer siding and windows.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,168
Year Built
- Built in 1930
Lot Details
- 6,490 Sq Ft Lot
- Lot Dimensions are 50x130
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,384 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Basement
- Block Basement Construction
- Basement Cellar
Parking
- 4 Parking Spaces
- Gravel Driveway
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for cable, cooling, electric, heating, lawn maintenance, sewer, trash collection, water, deposit value
- Assessor Parcel Number 79-07-28-184-014.000-004
Community Details
Overview
- 2 Units
Pet Policy
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2021
Closed on
Dec 3, 2021
Sold by
Alfred Rimert Gay and Alfred Elizabeth R
Bought by
Ness Ryan Alexander
Seller's Agent
Kat Snethen
F.C. Tucker/Shook
Buyer's Agent
Ryan Ness
Aimee Ness Realty Group
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,020
Avg. Annual Appreciation
9.24%
Original Mortgage
$148,665
Outstanding Balance
$138,650
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$98,583
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Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ness Ryan Alexander | $174,900 | Metropolitan Title | |
| Alexander Ness Ryan | $174,900 | Metropolitan Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alexander Ness Ryan | $148,665 | |
| Closed | Ness Ryan Alexander | $148,665 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2021 12/03/21 | Sold | $174,900 | -2.8% | $73 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | For Sale | $179,900 | -- | $75 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,558 | $172,100 | $18,000 | $154,100 |
| 2023 | $1,558 | $124,000 | $18,000 | $106,000 |
| 2022 | $1,553 | $119,200 | $18,000 | $101,200 |
| 2021 | $1,422 | $108,400 | $18,000 | $90,400 |
| 2020 | $2,168 | $108,400 | $18,000 | $90,400 |
| 2019 | $2,168 | $108,400 | $15,000 | $93,400 |
| 2018 | $2,066 | $103,300 | $15,000 | $88,300 |
| 2017 | $2,066 | $103,300 | $15,000 | $88,300 |
| 2016 | $2,030 | $101,480 | $15,000 | $86,480 |
| 2014 | $1,916 | $95,800 | $15,000 | $80,800 |
| 2013 | $1,792 | $89,600 | $15,000 | $74,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kat Snethen
Seller's Agent in 2021
Kat Snethen
F.C. Tucker/Shook
(765) 404-4940
1 in this area
51 Total Sales
-
Ryan Ness
Buyer's Agent in 2021
Ryan Ness
Aimee Ness Realty Group
(765) 414-4542
1 in this area
6 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202143945
APN: 79-07-28-184-014.000-004
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