NOT LISTED FOR SALE

903 Main St Unit 2E Lafayette, IN 47901

Downtown Neighborhood

Estimated Value: $150,000 - $166,000

1 Bed
1 Bath
900 Sq Ft
$160/mo HOA Fee

Last Sold April 15, 2020

Last sale price $125,000 $139 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,106/month

40 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Woodwork
  • Backs to Open Ground
  • Corner Lot
  • Bathtub with Shower

About This Home

As of April 2020

Luxurious 2nd floor 1-bedroom condo located in the downtown Historic Madison Building. Open concept living room and kitchen with high ceilings, beautiful hardwood floors, and large windows overlooking downtown and providing lots of natural light. Enjoy the outside on the common deck. Walking distance to the local restaurants, businesses, and boutiques. HOA includes water, sewer, and trash. 100% financing available!

Last Agent to Sell the Property

Sherry Cole

Keller Williams Lafayette Listed on: 01/22/2020

Keller Williams Lafayette

Last Buyer's Agent

Nate Gustus

Keller Williams Commercial

Keller Williams Commercial

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1900

Lot Details

  • Backs to Open Ground
  • Historic Home

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Planned Development
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 79-07-21-066-007.901-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,532

Year Built

Built in 1900

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1900
  • Age: 120
  • Style: One Story
  • Architectural Style: Historic
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MADISON BUILDING PD UNIT 2E& UND INT IN COMMON AREA
  • Parcel Number ID: 79-07-21-066-007.901-004
  • Platted: Yes
  • Amenities: Ceiling-9+, Countertops-Laminate, Dryer Hook Up Electric, Natural Woodwork, Open Floor Plan, Range/Oven Hook Up Elec, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.9
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 900
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Price Per Sq Ft: 138.89
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 23x21, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Association Fees: 160
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Lot Description: Corner, Planned Unit Development

Tax Info

  • Annual Taxes: 1532

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 22, 2020
Closed on
Apr 15, 2020
Sold by
Pan Trust
Bought by
Colenbrander Karmin
Seller's Agent
Sherry Cole
Keller Williams Lafayette
Buyer's Agent
Nate Gustus
Keller Williams Commercial
List Price
$134,500
Sold Price
$125,000
Premium/Discount to List
-$9,500
-7.06%
Total Days on Market
40
Current Estimated Value
$160,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,250
Avg. Annual Appreciation
4.12%
Original Mortgage
$100,000
Outstanding Balance
$89,227
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$65,074

Purchase Details

Closed on
Oct 2, 2017
Sold by
Yao Dekui
Bought by
Yao Trust

Purchase Details

Closed on
Apr 25, 2014
Sold by
Vanderplaats Timothy M
Bought by
Yao Dekui

Purchase Details

Closed on
May 17, 2013
Sold by
Madison Building Llc
Bought by
Vanderplaats Timothy M
Source: Public Records

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Range of Values:

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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
Colenbrander Karmin -- Metropolitan Title
Yao Trust -- --
Yao Dekui -- --
Vanderplaats Timothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colenbrander Karmin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $125,000 -3.1% $139 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $129,000 -4.1% $143 / Sq Ft
01/22/2020 01/22/20 For Sale $134,500 -- $149 / 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 $780 $108,500 -- $108,500
2023 $684 $101,300 $0 $101,300
2022 $600 $89,300 $0 $89,300
2021 $554 $85,100 $0 $85,100
2020 $531 $80,000 $0 $80,000
2019 $1,540 $77,000 $0 $77,000
2018 $1,532 $76,600 $0 $76,600
2017 $1,568 $78,400 $0 $78,400
2016 $1,650 $82,500 $6,300 $76,200
2014 $1,580 $79,000 $6,300 $72,700
2013 $1,564 $78,200 $6,300 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Sherry Cole

    Seller's Agent in 2020

    Sherry Cole

    Keller Williams Lafayette

    (765) 426-9442

    702 Total Sales

    Sherry Cole
    Section Image

  • N

    Buyer's Agent in 2020

    Nate Gustus

    Keller Williams Commercial

    (317) 522-8608

    38 Total Sales

    Nate Gustus
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202002607

Indiana Regional MLS

APN: 79-07-21-066-007.901-004

Indiana Tippecanoe County Lafayette 47901 Downtown

903 Main St Unit 2E, Lafayette, IN

This home is located at 903 Main St Unit 2E, Lafayette, IN 47901 since 22 January 2020 and is currently estimated at $160,250, approximately $178 per square foot. This property was built in 1900. 903 Main St Unit 2E is a home located in Tippecanoe County with nearby schools including Murdock Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior 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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