$385,000
SOLD FEB 14, 2025
6 Beds
4 Baths
3,038 Sq Ft
5,314 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of February 2025

Investment opportunity awaits! This well-maintained duplex, situated on the historic 9th Street hill, features two mirrored units, each comprising three bedrooms and one and a half bathrooms. Both units include washer and dryer hookups, as well as ample storage space in the basement. The main floor of each unit consists of a spacious living room, a formal dining room, a half bath, and a kitchen. The upper floor of each unit encompasses three generously sized bedrooms and a full bathroom. Each unit is allocated one parking space in the detached garage and has access to a shared backyard area. The property showcases the charm and character of hardwood floors and built-ins, complemented by modern updates in the bathrooms and kitchens. This presents the opportunity to reside in one unit while renting out the other or to incorporate this splendid property into an expanding rental portfolio.

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 01/14/2025

TruVant Realty

Last Buyer's Agent

Michael Sims

Redlow Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1936

Lot Details

  • 5,314 Sq Ft Lot
  • Lot Dimensions are 42x127
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for water
  • Assessor Parcel Number 79-07-28-301-001.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1936
  • Age: 89
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: WILLIAM BECKS 2ND ADDN LOT 7
  • Parcel Number ID: 79-07-28-301-001.000-004
  • Platted: Yes
  • Amenities: Basement, Porch Covered, Washer Hook-Up
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1115
  • Year Taxes Payable: 2023-2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 4557
  • Total Finished Sq Ft: 3038
  • Above Grade Finished Sq Ft: 3038
  • Below Grade Sq Ft: 1519
  • Price Per Sq Ft: 126.73
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Laminate, Wood, Tile
  • Total Below Grade Sq Ft: 1519
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, Slope, 0-2.9999
  • Lot Dimensions: 42x127
  • Estimated Lot Sq Ft: 5314
  • Estimated Lot Size Acres: 0.122

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1115
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3228

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 14, 2025
Sold by
Bruinsma Brian W
Bought by
Sanchez Investments Llc
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
Michael Sims
Redlow Group
List Price
$385,000
Sold Price
$385,000
Total Days on Market
3
Views
19
Current Estimated Value
$366,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,422
Avg. Annual Appreciation
-14.21%
Original Mortgage
$296,450
Outstanding Balance
$295,956
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$70,622
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,450 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $100,389 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $385,000 0.0% $127 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $385,000 -- $127 / 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 $3,228 $200,600 $26,000 $174,600
2023 $3,228 $161,400 $26,000 $135,400
2022 $3,134 $156,700 $26,000 $130,700
2021 $3,072 $153,600 $26,000 $127,600
2020 $2,672 $133,600 $26,000 $107,600
2019 $2,672 $133,600 $20,000 $113,600
2018 $2,672 $133,600 $20,000 $113,600
2017 $2,600 $130,000 $20,000 $110,000
2016 $2,574 $128,700 $20,000 $108,700
2014 $2,406 $120,300 $20,000 $100,300
2013 $1,930 $96,500 $20,000 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202501298

Indiana Regional MLS

APN: 79-07-28-301-001.000-004