722 N 11th St Lafayette, IN 47904
Historic Jefferson NeighborhoodEstimated Value: $164,403 - $176,000
5
Beds
3
Baths
2,238
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Enclosed patio or porch
- Built-in Bookshelves
- Walk-In Pantry
- Eat-In Kitchen
- 4-minute walk to Erie Street Sharing Garden
About This Home
As of November 2021This property offers great potential for income. The Neighborhood business zoning offers various options for an investor. Possible single family, two family, multi family and shared housing or neighborhood business options for small businesses. Presently used as shared housing. 5 bedrooms furnished rentable. Could be 2 units or possible 3 units if basement was finished. Each level has its own entrance. 3 full baths; 2 on the main floor and 1 on the upper. 2 full kitchens. Basement has potential for more rooms with its own exit. Possible office area to rent. Coin laundry in the basement. New roof, new wrapping of soffit & fascia, new windows in the upper floor. Property is sold with most of its furnishing. Presently rented rooms are furnished.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,526
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 80x56
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Composite Building Materials
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Laminate Countertops
Flooring
- Wood
- Partially Carpeted
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- Laundry in Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Enclosed patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, heating
- The owner pays for water
- Assessor Parcel Number 79-07-21-308-005.000-004
Community Details
Pet Policy
- Pet Restriction
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $621
- Fuel Expense $1,548
- Insurance Expense $675
- Water Sewer Expense $551
Additional Features
- 2 Units
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2021
Closed on
Nov 12, 2021
Sold by
Clark Mark J and Clark Rebecca L
Bought by
Strider Llc
Seller's Agent
Elaine Zimmerman
L'Abri Real Estate
Buyer's Agent
Lynn Beckham
Keller Williams Lafayette
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Total Days on Market
84
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
$30,468
Avg. Annual Appreciation
5.74%
Original Mortgage
$112,000
Interest Rate
3.05%
Mortgage Type
Commercial
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Similar Homes in Lafayette, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strider Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strider Llc | $180,000 | |
| Closed | Strider Llc | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $140,000 | -6.4% | $63 / Sq Ft |
| 10/09/2021 10/09/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | Price Changed | $149,500 | -0.3% | $67 / Sq Ft |
| 07/17/2021 07/17/21 | For Sale | $149,900 | -- | $67 / 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 | $2,200 | $151,100 | $13,000 | $138,100 |
| 2023 | $2,200 | $110,000 | $13,000 | $97,000 |
| 2022 | $2,106 | $105,300 | $13,000 | $92,300 |
| 2021 | $1,832 | $91,600 | $13,000 | $78,600 |
| 2020 | $1,526 | $76,300 | $13,000 | $63,300 |
| 2019 | $1,526 | $76,300 | $10,000 | $66,300 |
| 2018 | $1,510 | $75,500 | $10,000 | $65,500 |
| 2017 | $1,470 | $73,500 | $10,000 | $63,500 |
| 2016 | $1,454 | $72,730 | $10,000 | $62,730 |
| 2014 | $1,394 | $69,700 | $10,000 | $59,700 |
| 2013 | $1,290 | $64,500 | $10,000 | $54,500 |
Source: Public Records
Agents Affiliated with this Home
-
Elaine Zimmerman
Seller's Agent in 2021
Elaine Zimmerman
L'Abri Real Estate
(765) 426-5028
1 in this area
41 Total Sales
-
Lynn Beckham
Buyer's Agent in 2021
Lynn Beckham
Keller Williams Lafayette
(765) 242-9882
2 in this area
46 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202128729
APN: 79-07-21-308-005.000-004
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