$450,000
SOLD FEB 28, 2025

635 North St Lafayette, IN 47901

Centennial Neighborhood
7 Beds
7 Baths
2,676 Sq Ft
7,436 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Carpet
  • Entrance Foyer
  • Level Lot
  • 2-minute walk to Centennial Park

About This Home

As of February 2025

This is an exceptional investment opportunity featuring a thoughtfully maintained seven-plex situated in a highly sought-after downtown locale. This fully occupied multi-unit property comprises seven efficiency units and is ideally located within walking distance of Main Street. Nestled in historic downtown Lafayette, the building provides convenient access to local coffee shops, local restaurants, pubs, boutiques, entertainment venues, and various activities offered in greater downtown Lafayette, all just steps from your door. It is particularly suitable for college students, given its proximity to the pedestrian bridge leading to Purdue University's campus, which can be reached easily by bike or a short car ride. The property currently generates a monthly gross income of $3,605. Half of the units are equipped with separate utilities, while the owner covers utilities for the remaining units. The seller is responsible for water service for the entire building. 635 North presents significant potential for increased rental income in the future. Schedule your private showing today. (Agents please refer to agent remarks for more info).

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 01/28/2025

TruVant Realty

Last Buyer's Agent

Jenny Sarti

Raeco Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1920

Lot Details

  • 7,436 Sq Ft Lot
  • Lot Dimensions are 59x126
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 79-07-20-477-005.000-004

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 7 Units
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,828

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1920
  • Age: 105
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: 59 X 126 FT NORTH ST PT SE SE SEC 20TWP 23 R4
  • Parcel Number ID: 79-07-20-477-005.000-004
  • Platted: Yes
  • Amenities: Foyer Entry
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 100
  • Monthly Gross Income: 3605
  • Year Taxes Payable: 2023-2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 4014
  • Total Finished Sq Ft: 2676
  • Above Grade Finished Sq Ft: 2676
  • Below Grade Sq Ft: 1338
  • Price Per Sq Ft: 168.16
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 1338
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Water Meters: 1

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, 0-2.9999
  • Lot Dimensions: 59x126
  • Estimated Lot Sq Ft: 7436
  • Estimated Lot Size Acres: 0.1707

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 3605
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Num Of Efficiencies: 7
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 3828

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $450,000 0.0% $168 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $450,000 -- $168 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tabitha Casto

    Seller's Agent in 2025

    Tabitha Casto

    TruVant Realty

    (765) 427-2501

    6 in this area

    185 Total Sales

    Tabitha Casto
    Section Image
  • Jenny Sarti

    Buyer's Agent in 2025

    Jenny Sarti

    Raeco Realty

    (765) 418-6009

    1 in this area

    58 Total Sales

    Jenny Sarti
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202502701

Indiana Regional MLS
Indiana Tippecanoe County Lafayette 47901 Centennial

635 North St, Lafayette, IN

This home is located at 635 North St, Lafayette, IN 47901 and is currently priced at $450,000, approximately $168 per square foot. This property was built in 1920. 635 North St is a home located in Tippecanoe County with nearby schools including Thomas Miller 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.

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