NOT LISTED FOR SALE
5 Beds
4 Baths
2,976 Sq Ft
3,223 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $115,000 $39 Per Sq Ft

37 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • Fenced Yard
  • Carpet
  • 4-minute walk to Erie Street Sharing Garden

About This Home

As of October 2020

Cash flowing property ready for new owners! If you've ever wanted to become your own boss or expand your rental portfolio, this is your chance! Come take a peak at the cute multi-unit on a corner lot, located near downtown. Partially new roof with a newly added privacy fence to ensure comfort and privacy for your tenants. Four units includes 3 studio apartments and one 2 bedroom unit. This property makes being an investment owner a breeze. Perfect for single individuals or students at Purdue. Walking distance to the night life downtown, dining, pubs and shopping. Short bike ride or quick drive to campus.

Last Listed By

Tabitha Casto

TruVant Realty Listed on: 08/19/2020

TruVant Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1925

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 50 x 64
  • Fenced Yard
  • Corner Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, deposit value
  • The owner pays for electric, heating, trash collection, water
  • Assessor Parcel Number 79-07-21-165-006.000-004

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,199
  • Fuel Expense $1,218
  • Insurance Expense $864
  • Water Sewer Expense $1,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,174

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1925
  • Age: 95
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ORTHS ADDN PT LOTS 22 & 23 49 2/3 FT OFF S END OF LOT 22 49 2/3 FT OFF S END 14 FT OFF W SIDE LOT 23
  • Parcel Number ID: 79-07-21-165-006.000-004
  • Platted: Yes
  • Amenities: Fenced Yard, Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.53
  • Monthly Gross Income: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2976
  • Total Finished Sq Ft: 2976
  • Above Grade Finished Sq Ft: 2136
  • Below Grade Finished Sq Ft: 840
  • Price Per Sq Ft: 53.84
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 840
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Privacy
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2198.52
  • Annual Fuel Expense: 1217.76
  • Annual Insurance Expense: 864
  • Annual Water Sewer Expense: 1053.64

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50 X 64
  • Estimated Lot Sq Ft: 3223
  • Estimated Lot Size Acres: 0.074

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Trash Collection, Water
  • Tenant Pays: Cable, Deposit Value

Multi Family

  • Gross Monthly Rent: 1931
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1174

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

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $115,000 -11.5% $39 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $129,900 -7.1% $44 / Sq Ft
08/19/2020 08/19/20 For Sale $139,900 -- $47 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202032920

Indiana Regional MLS

APN: 79-07-21-165-006.000-004