701 Wabash Ave Lafayette, IN 47905
Wabash Neighborhood
4
Beds
2
Baths
1,550
Sq Ft
2,265
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Traditional Architecture
- Corner Lot
- Open Floorplan
- Backs to Open Ground
- 5-minute walk to SIA South Tipp Park
About This Home
As of July 2020ANOTHER EXCLUSIVE INVESTMENT OPPORTUNITY. RECENTLY NEW IN 2014 WITH FRESH MODERN TWIST OFFERING 4 BEDROOMS PLUS OFFICE SPACE. CUSTOM KITCHEN AND BATHROOMS, DESIGNER FIXTURES, HARDWOOD FLOORING, STAINLESS APPLIANCES, EXPOSED DUCTING, METAL ROOFING, LED LIGHTING, HIGH EFFICIENT HVAC SYSTEMS, HYBRID WATER HEATER, FULLY INTEGRATED PRE-WIRED SOUND SYSTEM, SECURITY SYSTEM PLUS MUCH MORE. CURRENTLY LEASED FOR $1397/.00 THRU SPRING OF 2017 WITH QUALITY TENANTS AND CASH FLOW. ON BUS ROUTES TO DOWNTOWN AND PURDUE. MUST SEE INVESTMENT PROPERTY.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $376
Year Built
- Built in 1956
Lot Details
- 2,265 Sq Ft Lot
- Lot Dimensions are 18x120
- Backs to Open Ground
- Corner Lot
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Metal Roof
- Cedar
- Vinyl Construction Material
Interior Spaces
- 1,550 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Ceiling height of 9 feet or more
- Ceiling Fan
- Entrance Foyer
- Crawl Space
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Solid Surface Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Porch
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
Listing and Financial Details
- Assessor Parcel Number 79-07-29-189-011.000-004
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%
Total Days on Market
158
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
$56,758
Avg. Annual Appreciation
6.63%
Original Mortgage
$110,250
Outstanding Balance
$99,013
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$104,521
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
Similar Homes in Lafayette, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,250 | New Conventional | |
| Closed | $110,250 | New Conventional | |
| Previous Owner | $93,960 | New Conventional | |
| Previous Owner | $49,000 | New Conventional | |
| Previous Owner | $35,000 | New Conventional | |
| Previous Owner | $50,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Seller's Agent in 2020
Lynn Beckham
Keller Williams Lafayette
(765) 242-9882
47 Total Sales
-
Buyer's Agent in 2020
Tyler Nunnally
The Real Estate Agency
(765) 404-5319
109 Total Sales
-
Seller's Agent in 2016
Brett Lueken
Century 21 The Lueken Group
(765) 586-8524
121 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201627818
APN: 79-07-29-189-011.000-004
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.
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
- 609 S 3rd St Unit 3
- 607 S 3rd St Unit 3
- 114 Central St
- 0 Washington St
- 1118 S 2nd St
- 1102 S 4th St
- 1106 S 5th St
- 1028 Highland Ave
- 413 Lingle Ave
- 1307 Sunset Dr
- 622 Romig St Unit 24
- 1312 S 3rd St
- 701 Kossuth St
- 411 Hickory St
- 610 S 9th St
- 602 Cherokee Ave
- 606 S 10th St
- 285 S 8th St
- 743 Owen St
- 207 S 9th St