NOT LISTED FOR SALE

Estimated Value: $199,409 - $242,000

7 Beds
3 Baths
2,449 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $137,500 $56 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,426/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 4-minute walk to Centennial Park
  • Level Lot

About This Home

As of May 2020

Great investment potential. This is one of 13 properties up for sale.

Last Listed By

Lisa Dague

Lisa Dague Realty Listed on: 03/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1915

Lot Details

  • 5,358 Sq Ft Lot
  • Lot Dimensions are 60x89
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-20-258-015.000-004

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,924

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1915
  • Age: 105
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Cabot & Huntington Addn 86 Ft W End Lot 42
  • Parcel Number ID: 79-07-20-258-015.000-004
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Sp Lp Percent: 98.21
  • Monthly Gross Income: 215
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3149
  • Total Finished Sq Ft: 2449
  • Above Grade Finished Sq Ft: 2449
  • Below Grade Sq Ft: 700
  • Price Per Sq Ft: 56.15
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 700
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Gas Meters: 3

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x89
  • Estimated Lot Sq Ft: 5358
  • Estimated Lot Size Acres: 0.123

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 2150
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1924

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 7, 2020
Sold by
Rempro Llc
Bought by
Tomato Llc
Seller's Agent
Lisa Dague
Lisa Dague Realty
Buyer's Agent
Kathy McDowell
F.C. Tucker/Shook
List Price
$140,000
Sold Price
$137,500
Premium/Discount to List
-$2,500
-1.79%
Total Days on Market
5
Current Estimated Value
$221,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,852
Avg. Annual Appreciation
8.25%
Original Mortgage
$157,600
Outstanding Balance
$115,832
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$89,167

Purchase Details

Closed on
Apr 16, 2014
Sold by
Rch Properties Llc
Bought by
Rempro Llc

Purchase Details

Closed on
Feb 22, 2007
Sold by
Hockema Robert C
Bought by
Rch Properties Llc

Purchase Details

Closed on
Jan 25, 2002
Sold by
Lasalle National Bank
Bought by
Hockema Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2001
Sold by
Stair Richard
Bought by
Lasalle National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.26%
Mortgage Type
Commercial

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 Buyer Sale Price Title Company
Tomato Llc -- None Available
Rempro Llc -- --
Rch Properties Llc -- None Available
Hockema Robert C -- Poelstra Title Company
Lasalle National Bank $81,582 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomato Llc $157,600
Previous Owner Hockema Robert C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $137,500 -1.8% $56 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $140,000 -- $57 / 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 $2,312 $198,800 $13,000 $185,800
2023 $2,312 $115,600 $13,000 $102,600
2022 $2,212 $110,600 $13,000 $97,600
2021 $1,924 $96,200 $13,000 $83,200
2020 $1,924 $96,200 $13,000 $83,200
2019 $1,924 $96,200 $13,800 $82,400
2018 $1,924 $96,200 $13,800 $82,400
2017 $1,872 $93,600 $13,800 $79,800
2016 $1,842 $92,110 $13,800 $78,310
2014 $1,744 $87,200 $13,800 $73,400
2013 $1,630 $81,500 $13,800 $67,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202009597

Indiana Regional MLS

APN: 79-07-20-258-015.000-004