NOT LISTED FOR SALE
6 Beds
5 Baths
3,648 Sq Ft
5,279 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $188,000 $52 Per Sq Ft

96 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Community Storage Space
  • Forced Air Heating System

About This Home

As of March 2022

Calling all investors, strong cash flow opportunity. Fully rented 5 unit building, with long term lessees. $3,150.00 per month passive rental income. Great ROI value at this price point. Priced to sell.

Last Listed By

Cody Miller

Redlow Group Listed on: 12/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1920

Lot Details

  • 5,279 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Corner Lot

Parking

  • 5 Parking Spaces

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 2.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 5 Units
  • Community Storage Space
  • Insurance Expense $1,475

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 79-07-20-259-007.000-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1920
  • Age: 102
  • Style: Two and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: CABOT & HUNTINGTON ADDN 40 FT N SIDE LOT 51
  • Parcel Number ID: 79-07-20-259-007.000-004
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Storage
  • Sp Lp Percent: 100
  • Monthly Gross Income: 3150
  • Year Taxes Payable: 2020 payable 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 4608
  • Total Finished Sq Ft: 3648
  • Above Grade Finished Sq Ft: 3648
  • Below Grade Sq Ft: 960
  • Price Per Sq Ft: 51.54
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 960
  • Number Of Microwaves: 5
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Stone
  • Stories: 2.5

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1475

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 40x132
  • Estimated Lot Sq Ft: 5279
  • Estimated Lot Size Acres: 0.1212

Rental Info

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

Multi Family

  • Gross Monthly Rent: 3150
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2264

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $188,000 0.0% $52 / Sq Ft
12/04/2021 12/04/21 For Sale $188,000 -- $52 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202150009

Indiana Regional MLS