NOT LISTED FOR SALE

916 Main St La Fayette, IN 47901

Downtown Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,316 Sq Ft Lot

Last Sold December 05, 2014

Last sale price $495,000

14 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 4-minute walk to Stockton Park
  • Forced Air Heating and Cooling System

About This Home

As of December 2014

This home is located at 916 Main St, La Fayette, IN 47901 since 07 November 2014. This property was built in 1900. 916 Main St is a home located in Tippecanoe County with nearby schools including Murdock Elementary School, Sunnyside Intermediate School, and Lafayette Tecumseh Junior High School.

Last Listed By

Eliseo Medrano

FRG Lafayette LLC Listed on: 11/07/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 1900

Lot Details

  • 6,316

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Parking

  • 21 Parking Spaces
  • Off-Street Parking

Schools

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

Additional Features

  • Corner Lot
  • Forced Air Heating and Cooling System

Community Details

  • 11 Units
  • Lafayette Subdivision

Listing and Financial Details

  • The owner pays for electric, trash collection, water
  • Assessor Parcel Number 79-07-21-358-004.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 114
  • Style: Three Story
  • Legal Description: TAYLOR HANNA HARTER & STOCKWELLLOT 43 |
  • Parcel Number ID: 79-07-21-358-004.000-004
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 99
  • Monthly Gross Income: 5760
  • Year Taxes Payable: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Full Basement
  • Flooring: Carpet

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 21

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 5760
  • Number Of Units: 11
  • Num Of1 Bedrooms: 5
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 12000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 5, 2014
Sold by
Barton Robert A and Barton Peggy A
Bought by
Chembri Realty & Dev Llc
Seller's Agent
Eliseo Medrano
FRG Lafayette LLC
Buyer's Agent
Stephen Toyra
FRG Lafayette LLC
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Total Days on Market
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2007
Sold by
Spitznagle Bruce A and Spitznagle Robin L
Bought by
Barton Robert A and Barton Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.19%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Chembri Realty & Dev Llc -- --
Barton Robert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy People Property Manageme $1,500,000
Previous Owner Chembri Realty & Dev Llc $610,000
Previous Owner Barton Robert A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $495,000 -1.0% --
11/21/2014 11/21/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $500,000 -- --
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 $7,806 $406,200 -- $406,200
2023 $7,806 $338,300 $0 $338,300
2022 $8,119 $328,800 $0 $328,800
2021 $8,120 $318,400 $0 $318,400
2020 $8,057 $316,600 $0 $316,600
2019 $7,870 $309,500 $0 $309,500
2018 $7,699 $302,000 $0 $302,000
2017 $7,337 $294,600 $0 $294,600
2016 $7,199 $293,900 $0 $293,900
2014 $6,759 $275,400 $0 $275,400
2013 $6,693 $275,400 $0 $275,400
Source: Public Records

Agents Affiliated with this Home

  • Eliseo Medrano

    Seller's Agent in 2014

    Eliseo Medrano

    FRG Lafayette LLC

    (765) 427-3942

    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Stephen Toyra

    FRG Lafayette LLC

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201452161

Indiana Regional MLS

APN: 79-07-21-358-004.000-004

Indiana Tippecanoe County La Fayette 47901 Downtown

916 Main St, La Fayette, IN

Homes for Sale in La Fayette, IN

This home is located at 916 Main St, La Fayette, IN 47901 since 07 November 2014. This property was built in 1900. 916 Main St 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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