NOT LISTED FOR SALE

Estimated Value: $98,604 - $134,000

3 Beds
2 Baths
1,830 Sq Ft
$65/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $64,000 $35 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $818/month

18 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Landscaped
  • 4-minute walk to Centennial Park

About This Home

As of July 2019

This 1,830 SF home is currently used as duplex but can be converted back to a primary residence with ease. The front unit that features two bedrooms, a living room, and a dining room recently rented for $650. Given the square footage of the front unit (1260 SF) there is potential for a higher rental rate. The rear unit is an efficiency (570 SF) that recently rented for $450. Improvements in the past year include new flooring, fresh paint, and new roof on the front side of the home. Units are separately metered, landlord pays insurance and property taxes only.

Last Listed By

Cynthia Carlson

Raeco Realty Listed on: 06/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Partially Fenced Property
  • Landscaped
  • Lot Has A Rolling Slope

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Cellar
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Thomas Miller Elementary School
  • Sunnyside/Tecumseh Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • High-Efficiency Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water, water softener
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 79-07-20-258-013.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $1,034
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1915
  • Age: 104
  • Style: One and Half Story
  • Architectural Style: Converted House
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Cabot & Huntington Addn S 1/2 Lot 44
  • Parcel Number ID: 79-07-20-258-013.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Detector-Smoke, Landscaped, Porch Covered, Storm Doors, Storm Windows, Water Heater Electric, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 92.75
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2430
  • Total Finished Sq Ft: 1830
  • Above Grade Finished Sq Ft: 1830
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 34.97
  • Basement: Yes
  • Basement Foundation: Cellar, Crawl, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Rubber
  • Fence: Partial
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Annual Insurance Expense: 1034
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Rolling, 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water, Water Softener

Tax Info

  • Total Assessed Value: 63900
  • Annual Property Tax: 1266

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Vector Rentals Llc
Bought by
Tomato Llc
Total Days on Market
18
Current Estimated Value
$119,201

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 26, 2019
Sold by
Case Cathy
Bought by
Vector Rentals Llc
Seller's Agent
Cynthia Carlson
Raeco Realty
Buyer's Agent
Kathy McDowell
F.C. Tucker/Shook
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$55,200
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Masterson Terry A
Bought by
Case Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,675
Interest Rate
5.64%
Mortgage Type
Construction

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
Tomato Llc $100,000 None Listed On Document
Vector Rentals Llc -- None Available
Case Cathy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vector Rentals Llc $55,200
Previous Owner Case Cathy $65,500
Previous Owner Case Cathy $63,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $64,000 -7.2% $35 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $69,000 -8.0% $38 / Sq Ft
06/06/2019 06/06/19 For Sale $75,000 -- $41 / 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 $1,844 $113,800 $9,800 $104,000
2023 $1,844 $92,200 $9,800 $82,400
2022 $1,764 $88,200 $9,800 $78,400
2021 $1,534 $76,700 $9,800 $66,900
2020 $1,278 $63,900 $9,800 $54,100
2019 $1,278 $63,900 $13,800 $50,100
2018 $1,266 $63,300 $13,800 $49,500
2017 $1,232 $61,600 $13,800 $47,800
2016 $1,212 $60,590 $13,800 $46,790
2014 $1,154 $57,700 $13,800 $43,900
2013 $1,086 $54,300 $13,800 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201923458

Indiana Regional MLS

APN: 79-07-20-258-012.000-004