$25,000
SOLD JUN 26, 2018

708 W Lafever St Ossian, IN 46777

4 Beds
2 Baths
2,102 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

17% Below List Price

6 Days on Market

Highlights

  • Traditional Architecture
  • Entrance Foyer
  • Luxury Vinyl Tile Flooring
  • Covered patio or porch
  • Laundry in Utility Room
  • Forced Air Heating System

About This Home

As of April 2019

Lots of potential in the large duplex, upstairs is rented for $85 per week until spring 2019. Main level is vacant and ready for a renter. Previous renter paid $750 per month (including utilities). Home needs some TLC but seems solid. This is a very inexpensive way to get into the "profit rental business." Property included with the sale are 2 window air conditioners, 2 ranges, refrigerator, and 1 washer and dryer.

Last Agent to Sell the Property

Terry Donaghy

Coldwell Banker Holloway Listed on: 06/14/2018

Last Buyer's Agent

Joni Donaghy-Myers

Coldwell Banker Holloway

Coldwell Banker Holloway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59 x 120
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Cellar
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Ossian Elementary School
  • Norwell Middle School
  • Norwell High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • 2 Units
  • Donaldson Subdivision

Listing and Financial Details

  • The owner pays for electric
  • Assessor Parcel Number 90-02-16-505-012.000-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 98
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DONALDSON W O LOT 13-14 16-K W.O. & 1/2 VAC ALLEY |
  • Parcel Number ID: 90-02-16-505-012.000-009
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Foyer Entry, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 83.33
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2313
  • Total Finished Sq Ft: 2102
  • Above Grade Finished Sq Ft: 2102
  • Below Grade Sq Ft: 211
  • Price Per Sq Ft: 11.89
  • Basement: Yes
  • Basement Foundation: Cellar, Crawl, Partial Basement
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1258
  • Total Below Grade Sq Ft: 211
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Schools

  • School District: Northern Wells Community
  • Elementary School: Ossian
  • Middle School: Norwell
  • High School: Norwell
  • Elementary School: Ossian

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 59 x 120
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric

Tax Info

  • Annual Property Tax: 708

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Norwell
  • Middle School: Norwell
  • School District: Northern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Apr 25, 2019
Sold by
Clad Llc
Bought by
Target Investors Llc
Seller's Agent
Sam Haiflich
BKM Real Estate
Buyer's Agent
Sean Stinson
E. L. S. Realty Group
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%
Current Estimated Value
$195,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,333
Avg. Annual Appreciation
18.58%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $67,000 -10.7% $32 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $75,000 -6.1% $36 / Sq Ft
11/20/2018 11/20/18 For Sale $79,900 +219.6% $38 / Sq Ft
06/26/2018 06/26/18 Sold $25,000 -16.7% $12 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $30,000 -- $14 / 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 $1,136 $77,200 $6,400 $70,800
2023 $1,099 $72,600 $6,000 $66,600
2022 $1,166 $77,200 $7,500 $69,700
2021 $1,427 $98,400 $10,700 $87,700
2020 $1,263 $90,200 $5,300 $84,900
2019 $1,167 $83,000 $5,300 $77,700
2018 $799 $56,000 $5,300 $50,700
2017 $690 $53,300 $5,100 $48,200
2016 $702 $53,400 $5,200 $48,200
2014 $825 $60,600 $5,100 $55,500
2013 $651 $48,800 $5,100 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201825655

Indiana Regional MLS

APN: 90-02-16-505-012.000-009