NOT LISTED FOR SALE

852 N Salisbury St West Lafayette, IN 47906

Estimated Value: $357,113 - $404,000

5 Beds
2 Baths
1,892 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $212,000 $112 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,735/month

3 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1-Story Property
  • West Lafayette Intermediate School Rated A+
  • Forced Air Heating and Cooling System
  • 2-minute walk to Lincoln Park

About This Home

As of April 2019

GREAT INCOME PROPERTY PERFECT LOCATION- Duplex in the heart of New Chauncey close to Purdue and fully leased until July 2019. 3 bed unit & 2 bed unit opens up so both units can be shared. Shared Drive and Garage with 854 N Salisbury also managed by same management company. Seller intends to conduct 1031 Exchange with sale proceeds, subject to flexible closing date. Tenant Occupied, must give 48 Hours notice & must text agent to set up showings

Last Agent to Sell the Property

Christy Carr

Commercial Brokers Listed on: 02/20/2019

Co-Listed By

C. Rubin

Commercial Brokers

Last Buyer's Agent

Brian Russell

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1925

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 41x132

Parking

  • 1 Parking Space

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

  • Happy Hollow/Cumberland Elementary School
  • West Lafayette Middle School
  • West Lafayette High School

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water, deposit value
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 79-07-17-357-007.000-026

Community Details

Overview

  • 2 Units
  • New Chauncey Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $970
  • Maintenance Expense $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 94
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: CONNOLLY & MADDENS LOT 7
  • Parcel Number ID: 79-07-17-357-007.000-026
  • Platted: Yes
  • Amenities: Basement, Porch Covered, Six Panel Doors
  • Inside City Limits: Yes
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2220
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1892
  • Total Finished Sq Ft: 1892
  • Above Grade Finished Sq Ft: 946
  • Below Grade Finished Sq Ft: 946
  • Price Per Sq Ft: 224.1
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Block
  • Flooring: Part Carpet, Tile, Vinyl Tile, Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 946
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 970
  • Annual Maintenance Expense: 2700
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: West Lafayette Community School Corp.
  • Elementary School: Happy Hollow/Cumberland
  • Middle School: West Lafayette
  • High School: West Lafayette
  • Elementary School: Happy Hollow/Cumberland

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41x132
  • Estimated Lot Sq Ft: 5401
  • Estimated Lot Size Acres: 0.124
  • Expiration Of Permit: 06/20/2019

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2220
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3815.7

MLS Schools

  • High School: West Lafayette
  • Middle School: West Lafayette
  • School District: West Lafayette Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
May 22, 2019
Sold by
Klemme Neil D
Bought by
Rsk Property Management Llc
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Brian Russell
@properties
List Price
$212,000
Sold Price
$212,000
Current Estimated Value
$387,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,371
Avg. Annual Appreciation
7.98%
Original Mortgage
$387,200
Outstanding Balance
$181,221
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$160,329

Purchase Details

Listed on
Feb 20, 2019
Closed on
Apr 29, 2019
Sold by
Roella Llc
Bought by
Klemme Neil D
Seller's Agent
Christy Carr
Commercial Brokers
Buyer's Agent
Brian Russell
@properties
List Price
$212,000
Sold Price
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Outstanding Balance
$181,221
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$160,329
Source: Public Records

Range of Values:

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List Price
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 Buyer Sale Price Title Company
Rsk Property Management Llc -- None Available
Klemme Neil D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsk Property Management Llc $387,200
Closed Klemme Neil D $212,000
Closed Klemme Neil D $212,000
Previous Owner Roella Llc $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $212,000 0.0% $112 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $212,000 -- $112 / 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 $7,141 $301,300 $61,000 $240,300
2023 $5,174 $218,300 $61,000 $157,300
2022 $4,951 $208,900 $61,000 $147,900
2021 $4,868 $171,200 $61,000 $110,200
2020 $4,057 $171,200 $61,000 $110,200
2019 $4,057 $171,200 $61,000 $110,200
2018 $3,920 $165,400 $45,100 $120,300
2017 $3,816 $161,000 $45,100 $115,900
2016 $3,771 $159,050 $45,100 $113,950
2014 $3,645 $153,800 $41,000 $112,800
2013 $3,614 $152,500 $41,000 $111,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christy Carr

    Commercial Brokers

  • C

    Seller Co-Listing Agent in 2019

    C. Rubin

    Commercial Brokers

  • Brian Russell

    Buyer's Agent in 2019

    Brian Russell

    @properties

    (765) 464-4494

    99 Total Sales

    Brian Russell
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Map

Source: Indiana Regional MLS

MLS Number: 201905731

Indiana Regional MLS

APN: 79-07-17-357-007.000-026

Indiana Tippecanoe County West Lafayette 47906

852 N Salisbury St, West Lafayette, IN

This home is located at 852 N Salisbury St, West Lafayette, IN 47906 since 20 February 2019 and is currently estimated at $387,371, approximately $204 per square foot. This property was built in 1925. 852 N Salisbury St is a home located in Tippecanoe County with nearby schools including West Lafayette Intermediate School, West Lafayette Elementary School, and West Lafayette Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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