$351,000
SOLD OCT 31, 2024
8 Beds
4 Baths
3,300 Sq Ft
0.29 Acres

Recently Sold

$106 Per Sq Ft

4 Days on Market

Highlights

  • Detached Second Garage
  • Balcony
  • Central Air
  • Wood Flooring
  • Laundry closet
  • Water Softener is Owned

About This Home

As of October 2024

Great investment opportunity in a central location! Just steps from Loeb Stadium & Columbian Park, this 4-plex currently has 3 units occupied with the 4th being refreshed to be rented as well. Private parking lot and garage for storage.

Last Agent to Sell the Property

Emily Cary

Keller Williams Realty Group Brokerage Email: emily@caryteamrealty.com Listed on: 10/18/2024

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 70x179

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Parking

  • 8 Parking Spaces
  • Detached Second Garage
  • Private Parking
  • Paved Parking
  • Parking Lot

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, deposit value
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, parking, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 79-07-28-430-024.000-004

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $400
  • Fuel Expense $450
  • Insurance Expense $1,425
  • Maintenance Expense $7,000
  • Trash Expense $300
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,034

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1961
  • Age: 63
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MIDTOWN SD LOT 1
  • Parcel Number ID: 79-07-28-430-024.000-004
  • Platted: Yes
  • Amenities: Balcony, Water Heater Gas, Water Softener-Owned, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.29
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1950
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3300
  • Total Finished Sq Ft: 3300
  • Above Grade Finished Sq Ft: 3300
  • Price Per Sq Ft: 106.36
  • Basement Foundation: Slab
  • Flooring: Carpet, Wood
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 360

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Lot, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 400
  • Annual Fuel Expense: 450
  • Annual Insurance Expense: 1425
  • Annual Maintenance Expense: 7000
  • Annual Trash Expense: 300
  • Annual Water Sewer Expense: 900
  • Number Of W D Hookups: 4

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 70x179
  • Estimated Lot Sq Ft: 12676
  • Estimated Lot Size Acres: 0.291

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Parking, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 1950
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 3034

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $351,000 +0.3% $106 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $349,999 -- $106 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202440851

Indiana Regional MLS