NOT LISTED FOR SALE

Estimated Value: $129,000 - $251,000

4 Beds
4 Baths
2,420 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $156,000 $64 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,391/month

3 Days on Market

Highlights

  • Wood Flooring
  • Ceiling height of 9 feet or more
  • Baseboard Heating
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 4-minute walk to Centennial Park

About This Home

As of August 2020

You do not want to miss out on this FABULOUS investment opportunity!!! Well maintained Duplex, offering 2 - Two Bedroom, 1.5 Bath Apartments. GREAT Central Location, on nice, established brick street, in Downtown area. Easily accessible to surrounding Lafayette areas, West Lafayette & Purdue! This property also features a NICE 22 X 36 garage......AN INVESTMENT with so many Opportunities!!! CALL TODAY!

Last Listed By

Jami Ade

Koppelmann Real Estate Listed on: 07/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1870

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 126
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Laundry in Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 79-07-21-317-006.000-004

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $117
  • Insurance Expense $836
  • Water Sewer Expense $490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,724

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1870
  • Age: 150
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: TAYLOR HANNA HARTER & STOCKWELL ADDN E 1/2 LOT 83 & W 1/2 LOT 83
  • Parcel Number ID: 79-07-21-317-006.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Attic-Walk-up, Ceiling-9+, Garage Door Opener, Porch Covered
  • Sp Lp Percent: 105.76
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3540
  • Total Finished Sq Ft: 2420
  • Above Grade Finished Sq Ft: 2420
  • Above Grade Unfinished Sq Ft: 560
  • Below Grade Sq Ft: 560
  • Price Per Sq Ft: 64.46
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Vinyl, Wood
  • Total Below Grade Sq Ft: 560
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 117
  • Annual Insurance Expense: 836
  • Annual Water Sewer Expense: 490
  • 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, 0-2.9999
  • Lot Dimensions: 50 X 126
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 2724

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 11, 2020
Sold by
Wysong Jordan
Bought by
Ae2 Holdings Llc
Seller's Agent
Jami Ade
Koppelmann Real Estate
Buyer's Agent
Kelly Schreckengast
F.C. Tucker/Shook
List Price
$147,500
Sold Price
$156,000
Premium/Discount to List
$8,500
5.76%
Total Days on Market
3
Current Estimated Value
$200,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,143
Avg. Annual Appreciation
8.47%

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 Buyer Sale Price Title Company
Ae2 Holdings Llc -- Metropolitan Title
Wysong Jordan -- Metropolitan Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $156,000 +5.8% $64 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $147,500 -- $61 / 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 $3,306 $181,400 $13,000 $168,400
2023 $3,306 $165,300 $13,000 $152,300
2022 $3,164 $158,200 $13,000 $145,200
2021 $2,752 $137,600 $13,000 $124,600
2020 $2,752 $137,600 $13,000 $124,600
2019 $2,752 $137,600 $15,000 $122,600
2018 $2,724 $136,200 $15,000 $121,200
2017 $2,648 $132,400 $15,000 $117,400
2016 $2,574 $128,700 $15,000 $113,700
2014 $2,406 $120,300 $15,000 $105,300
2013 $1,232 $61,600 $10,000 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202025383

Indiana Regional MLS

APN: 79-07-21-317-006.000-004