NOT LISTED FOR SALE

Estimated Value: $147,000 - $201,000

4 Beds
2 Baths
1,896 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $122,000 $64 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,140/month

156 Days on Market

Highlights

  • Partially Wooded Lot
  • Eat-In Kitchen
  • Forced Air Heating System
  • Wood Flooring
  • Ceiling height of 9 feet or more
  • 3-minute walk to SIA South Tipp Park

About This Home

As of April 2019

Recently remodeled duplex across from Miller Elementary and just blocks from downtown Lafayette. First unit is on the main level and includes eat in kitchen, new cabinetry, cooktop, fridge and dishwasher. (no oven). A little over 1100 SF with one sizable bedroom and separate den/office, renovated bath with new fixtures, ceramic tile and linen closet. The upstairs unit has a separate outside door in the front of the house that goes up one floor to 709 1/2. Gleaming hardwood floors as you enter this apartment with separate closet. Kitchen features ceramic tile floors, new cabinetry, oven/range and refrigerator. Upstairs bedrooms both have closets, one would make a nice play room or home office. Bath has been updated with ceramic tile floor and surrounding the tub/shower. Building does not have A/C, all electric. Parking for the duplex is accessible off Kossuth St behind the duplex off an alley. Nice size gravel area could fit at least 3 cars. Owner has not had these rented. Could easily be a single family home with upstairs mother-in law/guest quarters or additional living space.

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 10/24/2018

@properties

Last Buyer's Agent

James Dye

F C Tucker/Lafayette Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 132x50
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, sewer, trash collection, water, deposit value
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 79-07-29-405-010.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 99
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: W K ROCHESTERS 3RD LOT 18 |
  • Parcel Number ID: 79-07-29-405-010.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Breakfast Bar, Cable Available, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric, Sump Pump
  • Cross Street: Kossuth St
  • Location: City/Town/Suburb
  • Section Number: 3
  • Sp Lp Percent: 93.85
  • Special Features: None

Interior Features

  • Total Sq Ft: 2256
  • Total Finished Sq Ft: 1896
  • Above Grade Finished Sq Ft: 1896
  • Below Grade Sq Ft: 360
  • Price Per Sq Ft: 64.35
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Wood
  • Main Level Sq Ft: 1128
  • Total Below Grade Sq Ft: 360
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel

Utilities

  • Heating Fuel: Electricity, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, Slope, 0-2.9999
  • Lot Dimensions: 132X50
  • Estimated Lot Sq Ft: 6600
  • Estimated Lot Size Acres: 0.151
  • Lot Number: 18

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Fuel, Heating, Sewer, Trash Collection, Water, Deposit Value

Tax Info

  • Annual Property Tax: 1760

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Newman and Elizabeth
Bought by
Busekrus Douglas and Busekrus Laura K
Current Estimated Value
$180,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Outstanding Balance
$120,234
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$64,842

Purchase Details

Listed on
Oct 24, 2018
Closed on
Apr 12, 2019
Sold by
Slj Properties Llc
Bought by
Newman Daniel and Newman Elizabeth
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
James Dye
F C Tucker/Lafayette Inc
List Price
$130,000
Sold Price
$122,000
Premium/Discount to List
-$8,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$115,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Lafayette Savings Bank Fsb
Bought by
Slj Properties L L C

Purchase Details

Closed on
Dec 29, 2005
Sold by
Neiburger Norman A and Neiburger Janice
Bought by
Lafayette Savings Bank Fsb

Purchase Details

Closed on
Apr 5, 2002
Sold by
Neiburger Norman A
Bought by
Neiburger Norman A and Neiburger Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2002
Sold by
Spencer James W and Spencer Kristine L
Bought by
Neiburger Norman A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

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
Busekrus Douglas -- William Jaquinde
Newman Daniel -- None Available
Slj Properties L L C -- None Available
Lafayette Savings Bank Fsb -- None Available
Neiburger Norman A -- --
Neiburger Norman A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busekrus Douglas $125,625
Previous Owner Newman Daniel $115,900
Previous Owner Neiburger Norman A $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $122,000 -6.2% $64 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $130,000 -- $69 / 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 $2,264 $113,200 $13,000 $100,200
2023 $2,088 $104,400 $13,000 $91,400
2022 $1,231 $99,900 $13,000 $86,900
2021 $1,163 $94,200 $13,000 $81,200
2020 $1,143 $93,100 $13,000 $80,100
2019 $1,212 $93,100 $10,000 $83,100
2018 $1,808 $90,400 $10,000 $80,400
2017 $1,760 $88,000 $10,000 $78,000
2016 $1,742 $87,130 $10,000 $77,130
2014 $1,792 $89,600 $10,000 $79,600
2013 $1,774 $88,700 $10,000 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201847798

Indiana Regional MLS

APN: 79-07-29-405-010.000-004