NOT LISTED FOR SALE

Estimated Value: $393,184 - $397,000

3 Beds
4.5 Baths
4,098 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $375,000 $92 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,697/month

36 Days on Market

Highlights

  • Victorian Architecture
  • Entrance Foyer
  • Ceiling height of 9 feet or more
  • Covered patio or porch
  • Tile Flooring
  • 3-minute walk to Centennial Park

About This Home

As of May 2023

Professional office spaces close to Purdue and downtown Lafayette, IN. Commercial Property that offers 5 office spaces and 3 furnished fully apartments. Full kitchen and 1/2 bathroom for office use. Paved parking space can accommodate 15 vehicles. Beautifully restored Victorian style home that has been converted tofirst floor offices. Natural woodwork remains. Many offices with beautiful fireplaces. First floor apartment is adjacent to the back office. Close to downtown Lafayette and West Lafayette. Quick walk, bike ride or drive to Purdue and downtown Lafayette, IN Sold as is. Estate sale. Large, unfinished attic could possibly be finished for additional apartment.

Last Listed By

Mary Holtz

Indiana Integrity REALTORS Listed on: 02/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x153
  • Level Lot

Home Design

  • Victorian Architecture
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 16 Car Garage
  • Parking Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, heating, snow removal, tax, water
  • Assessor Parcel Number 79-07-20-428-012.000-004

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $7,560
  • Water Sewer Expense $950

Additional Features

  • 8 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,122

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1900
  • Age: 123
  • Style: Two and Half Story
  • Architectural Style: Victorian
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: 90x148 ft. N 6th ST PT NE SE SEC 20 TWP 23 R4
  • Parcel Number ID: 79-07-20-428-012.000-004
  • Platted: Yes
  • Amenities: Basement, Storage, Ceiling-9+, Countertops-Laminate, Deck Open, Foyer Entry, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.75
  • Monthly Gross Income: 2950
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 5347
  • Total Finished Sq Ft: 4098
  • Above Grade Finished Sq Ft: 4098
  • Below Grade Sq Ft: 1249
  • Price Per Sq Ft: 91.51
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Brick
  • Flooring: Carpet, Tile
  • Total Below Grade Sq Ft: 1249
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 16
  • Parking: Garage, Lot

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 7560
  • Annual Water Sewer Expense: 950

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 90x153
  • Estimated Lot Sq Ft: 13765
  • Estimated Lot Size Acres: 0.316

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Electric, Heating, Snow Removal, Tax, Water

Multi Family

  • Gross Monthly Rent: 2950
  • Number Of Refrigerators: 4
  • Number Of Units: 8
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 6122

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
Apr 14, 2023
Sold by
Mcmurray Barbara A Le
Bought by
Mgrentals Llc
Seller's Agent
Mary Holtz
Indiana Integrity REALTORS
Buyer's Agent
LAF NonMember
NonMember LAF
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Total Days on Market
36
Views
120
Current Estimated Value
$395,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,092
Avg. Annual Appreciation
1.91%
Original Mortgage
$247,500
Outstanding Balance
$236,606
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$153,142

Range of Values:

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
Mgrentals Llc $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgrentals Llc $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $375,000 -6.3% $92 / Sq Ft
02/23/2023 02/23/23 For Sale $400,000 -- $98 / 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 $5,954 $313,600 -- $313,600
2023 $5,954 $268,500 $0 $268,500
2022 $6,042 $258,900 $0 $258,900
2021 $5,974 $249,800 $0 $249,800
2020 $5,900 $246,700 $0 $246,700
2019 $5,777 $241,400 $0 $241,400
2018 $5,395 $224,500 $0 $224,500
2017 $6,931 $291,700 $0 $291,700
2016 $6,671 $286,000 $0 $286,000
2014 $6,361 $272,300 $0 $272,300
2013 $6,243 $269,300 $0 $269,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202306064

Indiana Regional MLS

APN: 79-07-20-428-012.000-004