NOT LISTED FOR SALE

701 Wabash Ave Lafayette, IN 47905

Wabash Neighborhood

Estimated Value: $178,000 - $238,000

4 Beds
2 Baths
1,693 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $147,070 $87 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,280/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Backs to Open Ground
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • 5-minute walk to SIA South Tipp Park

About This Home

As of July 2020

Check out this incredible investment property!! Completely redone in 2014 with industrial style and high-end finishes throughout. Custom kitchen and bathrooms. Four bedrooms plus lovely office space and storage rooms. Two full baths. Hardwood floors. Designer fixtures and cabinets. Stainless steel appliances. High ceilings with exposed duck work. Metal roof, LED lighting, high efficiency HVAC, security system, plus much more. Currently leased for $1500/month until August 2021 with quality tenants and cash-flow. On bus route to downtown and Purdue. Must see property!

Last Agent to Sell the Property

Lynn Beckham

Keller Williams Lafayette Listed on: 06/08/2020

Keller Williams Lafayette

Last Buyer's Agent

Tyler Nunnally

The Real Estate Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1956

Lot Details

  • 2,280 Sq Ft Lot
  • Lot Dimensions are 191x120
  • Backs to Open Ground
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding
  • Cedar

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-07-29-189-011.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,456

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SMITH & GREENS ADDN 19 FT NE SIDELOT LOT 68
  • Parcel Number ID: 79-07-29-189-011.000-004
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Breakfast Bar, Built-In Speaker System, Cable Ready, Ceiling-9+, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Disposal, Dryer Hook Up Electric, Open Floor Plan, Six Panel Doors, Main Level Bedroom Suite, Custom Cabinetry
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1693
  • Total Finished Sq Ft: 1693
  • Above Grade Finished Sq Ft: 1693
  • Basement Foundation: Slab
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 25x9, On Level: Main
  • Kitchen: Dimensions: 24x9, On Level: Main
  • Den: Dimensions: 17x10, On Level: Main
  • Extra Room: Office, Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Bedroom 4: Dimensions: 10x9, On Level: Main
  • Other Room1: Storage, Dimensions: 8x4, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar, Metal
  • Roof Material: Metal
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Thomas Miller

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 191x120
  • Estimated Lot Sq Ft: 2280
  • Estimated Lot Size Acres: 0.052

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 1456

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 7, 2020
Sold by
Erlewein Chris D and Erlewein Regina M
Bought by
Mickelson Bert W
Seller's Agent
Lynn Beckham
Keller Williams Lafayette
Buyer's Agent
Tyler Nunnally
The Real Estate Agency
List Price
$139,900
Sold Price
$147,070
Premium/Discount to List
$7,170
5.13%
Current Estimated Value
$206,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,335
Avg. Annual Appreciation
6.48%
Original Mortgage
$110,250
Outstanding Balance
$97,944
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$108,461

Purchase Details

Listed on
Jun 16, 2016
Closed on
Dec 8, 2016
Sold by
Cornelius Walter and Cornelius Kelli
Bought by
Eriewein Chris D and Eriewein Regina M
Seller's Agent
Brett Lueken
Century 21 The Lueken Group
Buyer's Agent
Lynn Beckham
Keller Williams Lafayette
List Price
$124,900
Sold Price
$117,450
Premium/Discount to List
-$7,450
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$93,960
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mickelson Bert W -- None Available
Eriewein Chris D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mickelson Bert W $110,250
Previous Owner Eriewein Chris D $93,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $147,070 +5.1% $87 / Sq Ft
06/08/2020 06/08/20 For Sale $139,900 +19.1% $83 / Sq Ft
12/27/2016 12/27/16 Sold $117,450 -6.0% $76 / Sq Ft View Prior Sale
11/21/2016 11/21/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $124,900 -- $81 / 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 $2,320 $116,000 $6,500 $109,500
2023 $2,776 $138,800 $6,500 $132,300
2022 $2,236 $111,800 $6,500 $105,300
2021 $2,040 $102,000 $6,500 $95,500
2020 $1,486 $74,300 $6,500 $67,800
2019 $1,456 $72,800 $5,000 $67,800
2018 $1,392 $69,600 $5,000 $64,600
2017 $1,362 $68,100 $5,000 $63,100
2016 $395 $68,100 $5,000 $63,100
2014 $1,386 $54,400 $0 $54,400
2013 $1,370 $54,400 $0 $54,400
Source: Public Records

Agents Affiliated with this Home

  • Lynn Beckham

    Seller's Agent in 2020

    Lynn Beckham

    Keller Williams Lafayette

    (765) 242-9882

    41 Total Sales

    Lynn Beckham
    Section Image
  • Tyler Nunnally

    Buyer's Agent in 2020

    Tyler Nunnally

    The Real Estate Agency

    (765) 404-5319

    103 Total Sales

    Tyler Nunnally
    Section Image
  • Brett Lueken

    Seller's Agent in 2016

    Brett Lueken

    Century 21 The Lueken Group

    (765) 586-8524

    116 Total Sales

    Brett Lueken
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202021239

Indiana Regional MLS

APN: 79-07-29-189-011.000-004

Indiana Tippecanoe County Lafayette 47905 Wabash

701 Wabash Ave, Lafayette, IN

Not Listed for Sale

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.

Nearby Homes