637 Park Ave Lafayette, IN 47904
Columbian Park NeighborhoodEstimated payment $1,536/month
Highlights
- Corner Lot
- Luxury Vinyl Tile Flooring
- Forced Air Heating System
About This Home
This two-unit rental property in Lafayette offers a solid investment opportunity. Each unit features 2 bedrooms and 1 full bath, with washer/dryer hookups in one unit. Tenants already in place through June 2027, at $1,050 per month per unit, providing immediate rental income. Schedule a showing today to explore the potential of this income-producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,300
Year Built
- Built in 1901
Lot Details
- 3,598 Sq Ft Lot
- Lot Dimensions are 45x80
- Corner Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Laminate Countertops
- Unfinished Basement
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Oakland Elementary School
- Sunnyside/Tecumseh Middle School
- Jefferson High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for building insurance, electric, heating, sewer, tax, trash collection, water
- Assessor Parcel Number 79-07-28-279-022.000-004
Community Details
Overview
- 2 Units
- Belt Ry Subdivision
Building Details
- Electric Expense $701
- Insurance Expense $1,300
- Water Sewer Expense $665
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,300 | $129,900 | $13,500 | $116,400 |
| 2024 | $2,300 | $114,900 | $13,500 | $101,400 |
| 2023 | $1,446 | $72,200 | $13,500 | $58,700 |
| 2022 | $1,446 | $72,200 | $13,500 | $58,700 |
| 2021 | $1,447 | $72,200 | $13,500 | $58,700 |
| 2020 | $1,447 | $72,200 | $13,500 | $58,700 |
| 2019 | $1,447 | $72,200 | $16,200 | $56,000 |
| 2018 | $1,449 | $72,200 | $16,200 | $56,000 |
| 2017 | $1,448 | $72,200 | $16,200 | $56,000 |
| 2016 | $1,431 | $71,440 | $16,200 | $55,240 |
| 2014 | $1,360 | $67,800 | $16,200 | $51,600 |
| 2013 | $1,282 | $63,900 | $16,200 | $47,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | Price Changed | $245,000 | -5.7% | $167 / Sq Ft | |
| 05/08/2026 05/08/26 | For Sale | $259,900 | +26.2% | $177 / Sq Ft | |
| 11/27/2023 11/27/23 | Sold | $206,000 | -8.4% | $140 / Sq Ft | View Prior Sale |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- | |
| 10/20/2023 10/20/23 | For Sale | $225,000 | -- | $153 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | Federated Land Title Agency | |
| Sheriffs Deed | $49,125 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,200 | New Conventional | |
| Closed | $144,200 | New Conventional | |
| Previous Owner | $147,000 | New Conventional | |
| Previous Owner | $44,000 | Commercial | |
| Previous Owner | $102,000 | Commercial | |
| Previous Owner | $64,875 | Commercial |
About the Listing Agent
Energy, enthusiasm, and experience combine to make Cathy Russell the number one agent in the Lafayette area! In 2015, she earned the spot as the number one agent in the Lafayette Regional Association of Realtors by successfully closing more than 200 properties for more than $60M in sales volume in her 52nd year in the business.
Cathy began her Real Estate career in 1974 after graduating from Purdue University in home planning and working in the building industry. After raising her three
Cathy's Other Listings
Source: Indiana Regional MLS
MLS Number: 202617200
APN: 79-07-28-279-022.000-004
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Ask me questions while you tour the home.