NOT LISTED FOR SALE

Estimated Value: $192,000 - $218,146

3 Beds
3 Baths
1,111 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $205,000 $185 Per Sq Ft

Current estimated payment $1,248/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • Level Lot
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of March 2023

Estate sale. Three, one-bedroom, 1 bath units with each unit furnished. Garage is rented separately. Shared laundry room in basement. Just starting your investment portfolio, this is the one for you!

Last Listed By

Mary Holtz

Indiana Integrity REALTORS Listed on: 02/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1870

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 51x139
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Partially Finished Basement
  • Laundry in Basement
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Vinton Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Additional Features

  • Covered patio or porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for building insurance, electric
  • Assessor Parcel Number 79-07-21-333-007.000-004

Community Details

Overview

  • 3 Units
  • Perrins Subdivision

Building Details

  • Electric Expense $3,120
  • Maintenance Expense $1,000
  • Water Sewer Expense $880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Age: 153
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Perrins SD lot 115
  • Parcel Number ID: 79-07-21-333-007.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+, Countertops-Laminate, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.42
  • Monthly Gross Income: 2200
  • County Zoning: R2
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1667
  • Total Finished Sq Ft: 1111
  • Above Grade Finished Sq Ft: 1111
  • Below Grade Sq Ft: 556
  • Price Per Sq Ft: 184.52
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 556
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Electric: 3120
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 880

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 51x139
  • Estimated Lot Sq Ft: 7100
  • Estimated Lot Size Acres: 0.163

Rental Info

  • Lease Term: Month to Month, 6 Months
  • Owner Pays: Building Insurance, Electric

Multi Family

  • Gross Monthly Rent: 2200
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1586

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 31, 2023
Sold by
Mcmurray Barbara A Le
Bought by
Tiger John Kirk
Seller's Agent
Mary Holtz
Indiana Integrity REALTORS
Buyer's Agent
Storm Spalding
Keller Williams Lafayette
List Price
$240,000
Sold Price
$205,000
Premium/Discount to List
-$35,000
-14.58%
Total Days on Market
14
Views
46
Current Estimated Value
$204,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$463
Avg. Annual Appreciation
3.80%
Original Mortgage
$187,083
Outstanding Balance
$183,205
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$38,485

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tiger John Kirk $205,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiger John Kirk $187,083
Previous Owner Mcmurray Barbara A $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $205,000 -14.6% $185 / Sq Ft
02/23/2023 02/23/23 For Sale $240,000 -- $216 / 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 $1,365 $120,300 $16,000 $104,300
2023 $1,365 $92,800 $16,000 $76,800
2022 $1,779 $88,800 $16,000 $72,800
2021 $1,547 $77,200 $16,000 $61,200
2020 $1,547 $77,200 $16,000 $61,200
2019 $1,548 $77,200 $16,000 $61,200
2018 $1,532 $76,400 $16,000 $60,400
2017 $1,492 $74,400 $16,000 $58,400
2016 $1,475 $73,640 $16,000 $57,640
2014 $1,419 $70,800 $16,000 $54,800
2013 $1,331 $66,400 $16,000 $50,400
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202305238

Indiana Regional MLS

APN: 79-07-21-333-007.000-004