$245,000
$15K PRICE DROP

Estimated payment $1,536/month

Total Views 70,524
4 Beds
2 Baths
1,471 Sq Ft
$167 Price per Sq Ft

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.

Listing Agent

Cathy Russell

@properties Listed on: 05/08/2026

@properties

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1901

Lot Details

3,598 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1901
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BELT RY ADDN W 1/2 LOT 10 BLOCK 32
  • Parcel Number ID: 79-07-28-279-022.000-004
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 2149
  • Total Finished Sq Ft: 1471
  • Above Grade Finished Sq Ft: 1471
  • Below Grade Sq Ft: 678
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 678
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 701
  • Annual Insurance Expense: 1300
  • Annual Water Sewer Expense: 665
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Oakland

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 45X80
  • Estimated Lot Sq Ft: 3598
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 10

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Deposit Value

Tax Info

  • Annual Property Tax: 2300.06

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Indiana Regional MLS

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 -- --
Source: Public Records

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
Source: Public Records

About the Listing Agent

Cathy Russell

@properties

(765) 537-3098

Section Image

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

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Source: Indiana Regional MLS

MLS Number: 202617200

Indiana Regional MLS

APN: 79-07-28-279-022.000-004

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