1515 Grove St

3,750 Sq. Ft.
$40 / Sq. Ft.
3,750
Sq. Ft.
$40
per Sq. Ft.

Description

Investors dream! Great location, walkable to coffee shops and downtown!Investors dream! Great location, walkable to coffee shops and downtown!
  1. Listed by Janet English • Keller Williams Lafayette • Agt: 765-426-8802

Property Details for 1515 Grove Street

Style
One and Half Story
Architectural Style
Other
Subdivision
None
Waterfront
No
Water Features
None
Pet Restrictions
No
LISTING UPDATED: 01/19/2026 12:11 PM

Property Details for 1515 Grove Street

StatusPending
MLS #202601906
Days on Market3
Taxes$2,818 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1930
Lot Size0.15 AC / 6,578 SF
CountyTippecanoe County

Location

Listing Courtesy of Keller Williams Lafayette
Add your commute

Building Information for 1515 Grove Street

Stories2Residences5Year Built1930Building Size-Lot Size0.15 AC / 6,578 SF

Payment Calculator

$966 per month

30 year fixed, 6.15% Interest

Principal and Interest

$731

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1515 Grove Street

Summary
Location and General Information
  • Area: Tippecanoe County
  • City: Lafayette
  • Zip Code: 47905
  • City Zoning: R2
  • State: IN
  • Township: Fairfield
  • Geo Latitude: 40
  • Geo Longitude: -87
  • Inside City Limits: Yes
  • Fips Code: 18157
  • Directions To Property: GPS Friendly
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 24 pay 25
  • Parcel Number Id: 79-07-28-131-004.000-004
School Information
  • School District: Lafayette
  • Elementary: Murdock
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
Parking
  • Number Of Parking Spaces: 2
  • Parking: Garage, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.151
  • Lot Dimensions: 50 x 132
  • Below Grade Unfin Sqft: 1174.0
  • Total Square Feet: 4924.0
  • Upper Level Sqft: 992.0
  • Approx Lot Size Sqft: 6578.0
  • Above Grade Finished Sqft: 3750.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1174.0
  • Total Finished Sqft: 3750.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
  • Main Level Sqft: 1884.0
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 96
  • Documents Available: LBP Form, Legal Description, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Driveway: None
  • Exterior: Aluminum
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 2
  • Number of Washers: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Window
  • Flooring: Mixed
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 5
  • Total Number of Bedrooms: 10
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 5
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 5
  • Num of Units Rented: 1
  • Number of Units: 5
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $3,287.00
  • Annual Fuel Expense: $6,187.00
  • Annual Gross Rent $: $30,000
  • Annual Insurance Expense: $2,500
  • Annual Maint. Expense: $5,568
  • Annual Misc: $0
  • Annual Net Income: $7,140
  • Annual Property Tax: $2,818
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,500
  • Gross Monthly Income: $2,500
  • Gross Monthly Rent: $2,500
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 2
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 2
  • Unit 2-Currently Rented: No
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Upper
  • Unit 2-Unit Number: 2
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 2
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Main
  • Unit 3-Unit Number: 3
Unit 4
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: 4
Unit 5
  • Unit 5-Num of Bedrooms: 1
  • Unit 5-Num of Rooms: 3
  • Unit 5-Laundry Room: Utility Room
  • Unit 5-Level: Main
  • Unit 5-Unit Number: 5
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Tax, Water
  • Tenant Pays: None

Property History for 1515 Grove Street

DateEvent & SourcePriceAppreciation
Jan 19, 2026

Pending

Indiana Regional MLS #202601906

Jan 16, 2026

Listed (Active)

Indiana Regional MLS #202601906

$150,000
Feb 28, 2003

Sold (Public Record)

Public Record #244842406

$78,000
DateEvent & SourcePrice
01/19/2026

Pending

Indiana Regional MLS #202601906

01/16/2026

Listed (Active)

Indiana Regional MLS #202601906

$150,000
02/28/2003

Sold (Public Record)

Public Record #244842406

$78,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1515 Grove Street

Taxable ValueLand$26,100Additions$114,800Total$140,900
Tax Record2024$2,818 ($235 / month)
Home Facts
Baths5Total Finished SqFt2,577 SqFtAbove Grade Finished SqFt2,577 SqFtStories2Lot Size6,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930Year Renovated1952CountyTIPPECANOEAPN79-07-28-131-004.000-004

Schools near 1515 Grove Street

This home is within Lafayette School Corporation.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Thomas Miller Elementary School
PublicK to 4

Lafayette Sunnyside Middle School
Public5 to 6

Lafayette Tecumseh Jr High School
Public7 to 8

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Lafayette

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.