$60,000
SOLD OCT 2, 2017
4 Beds
2 Baths
1,032 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

24% Below List Price

165 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2023

This property qualifies for a 100%, Low Income Area Loan. Great Investment Opportunity! Currently rented to Reliable Tenants. Off street parking located in rear of the building. Appliances included. Both sides have been updated in the last year (carpet, paint, Unit A - Hardwood.) Bathrooms and Kitchen Updated. Across the bridge from Purdue. Near city bus stop. Water Heater 3 yrs old, Furnace 7 yrs old. Apartment A has AC, Apt B is all electric and NO AC. Sold As-Is.

Last Agent to Sell the Property

Glenda Vanaman

F.C. Tucker/Shook Listed on: 04/10/2017

F.C. Tucker/Shook

Last Buyer's Agent

Nicole Safavi

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 122x45
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laminate Countertops
  • Washer Hookup
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric, heating, snow removal
  • The owner pays for lawn maintenance, water
  • Assessor Parcel Number 79-07-21-100-003.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $387
  • Water Sewer Expense $470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,080

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 97
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 45x131 ft pt nw nw sec 21 twp 23r4 4.14 a |
  • Parcel Number ID: 79-07-21-100-003.000-004
  • Platted: Yes
  • Amenities: Basement, Cable Available, Cable Ready, Countertops-Laminate, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 81.08
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1548
  • Total Finished Sq Ft: 1032
  • Above Grade Finished Sq Ft: 1032
  • Below Grade Sq Ft: 516
  • Price Per Sq Ft: 58.14
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 516
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Block, Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 387
  • Annual Water Sewer Expense: 470
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 122x45
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Water
  • Tenant Pays: Cable, Electric, Heating, Snow Removal

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1080

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 14, 2023
Sold by
Roberts Rental Llc
Bought by
Hernandez Wendy Santiago and Hernandez Gustavo Santiago
Seller's Agent
Christina Scott
Raeco Realty
Buyer's Agent
Yehudit Romero
Keller Williams Lafayette
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Views
561
Current Estimated Value
$155,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,816
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Jan 9, 2023
Sold by
Remley Jessie
Bought by
Roberts Rental Llc

Purchase Details

Closed on
Feb 26, 2021
Sold by
Christianson Nils and Christianson Sonya
Bought by
Remley Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2017
Closed on
Oct 2, 2017
Sold by
Bruce Vinny W
Bought by
Christianson Nils and Christianson Sonya
Seller's Agent
Glenda Vanaman
F.C. Tucker/Shook
Buyer's Agent
Nicole Safavi
Keller Williams Lafayette
List Price
$78,900
Sold Price
$60,000
Premium/Discount to List
-$18,900
-23.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
May 17, 2002
Sold by
Crowell Dan
Bought by
Bruce Vinny W

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
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2002
Sold by
Nestleroad Thomas
Bought by
Crowell Dan

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
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $145,000 Metropolitan Title
Quit Claim Deed -- --
Warranty Deed $97,500 None Available
Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,500 New Conventional
Previous Owner $2,900,000 Commercial
Previous Owner $2,900,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $145,000 0.0% $94 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $145,000 -9.4% $94 / Sq Ft
05/16/2023 05/16/23 For Sale $160,000 +166.7% $103 / Sq Ft
10/02/2017 10/02/17 Sold $60,000 -24.0% $58 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $78,900 -- $76 / 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 $2,170 $108,500 $13,000 $95,500
2023 $1,186 $59,300 $13,000 $46,300
2022 $1,158 $57,900 $13,000 $44,900
2021 $1,136 $56,800 $13,000 $43,800
2020 $1,120 $56,000 $13,000 $43,000
2019 $1,120 $56,000 $11,000 $45,000
2018 $1,120 $56,000 $11,000 $45,000
2017 $1,090 $54,500 $11,000 $43,500
2016 $1,080 $53,960 $11,000 $42,960
2014 $1,022 $51,100 $11,000 $40,100
2013 $960 $48,000 $11,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201714607

Indiana Regional MLS

APN: 79-07-21-100-003.000-004