NOT LISTED FOR SALE

Estimated Value: $250,000 - $281,000

5 Beds
3 Baths
2,332 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $150,000 $64 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,648/month

78 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Eat-In Kitchen
  • Corner Lot
  • Fenced Yard
  • Home Security System

About This Home

As of December 2017

Great investment opportunity on this tri-plex unit in central Lafayette location. Two buildings included under one parcel number. Unit 1 is the largest of the three & includes hardwood floors, spacious dining room & living room, main level bedroom & 2 additional bedrooms on 2nd level. All 3 units include disposal, refrigerator, oven and washer & dryer in the kitchen. Many appliances are new & have tags on them. One full bath in each unit have each been updated. Units 1 & 3 have tub/shower combination where unit 2 only has stand up shower. Unit 2 includes living room, butcher block counter in the kitchen in the island w/seating & one bedroom. Unit 3 is in the stand alone building. Security system in place on this unit that includes bedroom & den. Back of the property has 3 separate outside entrances to each unit & is partially fenced in two areas. Call to see this one right away!

Last Agent to Sell the Property

Cathy Russell

@properties Listed on: 09/27/2017

@properties

Last Buyer's Agent

Carole King

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Decorative Fence
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 79-07-28-402-009.000-004

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 97
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: HUFF & WATSON ADDN LOT 35
  • Parcel Number ID: 79-07-28-402-009.000-004
  • Platted: Yes
  • Amenities: Fenced Yard, Alarm System-Security, Breakfast Bar, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Kitchen Island, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Cross Street: Adams St
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.75
  • State Id: 156102001363
  • Special Features: None

Interior Features

  • Total Sq Ft: 2332
  • Total Finished Sq Ft: 2332
  • Above Grade Finished Sq Ft: 2332
  • Basement: Yes
  • Basement Foundation: Crawl
  • Flooring: Carpet, Ceramic Tile, Wood
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Fence: Decorative, Full, Wood
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6600
  • Estimated Lot Size Acres: 0.151
  • Lot Number: 35

Rental Info

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

Tax Info

  • Annual Property Tax: 1292.5

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Dec 19, 2017
Sold by
Slj Properties Llc
Bought by
Welcome Home Lafayette Llc
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Carole King
Keller Williams Lafayette
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$265,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,500
Avg. Annual Appreciation
9.35%
Original Mortgage
$120,000
Interest Rate
3.92%
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
Sep 15, 2009
Sold by
Frier Edward B
Bought by
Lafayette Savings Bank Fsb

Purchase Details

Closed on
May 8, 2002
Sold by
Terry Daniel C and Terry Beth Ann
Bought by
Frier Edward B and Frier Regina K

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
7.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Welcome Home Lafayette Llc -- --
Slj Properties L L C -- None Available
Lafayette Savings Bank Fsb $60,000 None Available
Frier Edward B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welcome Home Lafayette Llc $280,000
Closed Welcome Home Lafayette Llc $120,000
Previous Owner Frier Edward B $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $150,000 -6.3% $64 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $160,000 -- $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 $2,183 $109,100 $18,000 $91,100
2023 $1,512 $75,600 $18,000 $57,600
2022 $1,469 $73,400 $18,000 $55,400
2021 $1,441 $72,000 $18,000 $54,000
2020 $1,335 $66,700 $18,000 $48,700
2019 $1,335 $66,700 $22,000 $44,700
2018 $1,335 $66,700 $22,000 $44,700
2017 $1,300 $64,900 $22,000 $42,900
2016 $1,293 $64,270 $22,000 $42,270
2014 $1,225 $61,200 $22,000 $39,200
2013 $1,153 $57,600 $22,000 $35,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201744646

Indiana Regional MLS

APN: 79-07-28-402-009.000-004