1609 Grove St

Lafayette, IN 47905

$125,000
Last Sold Price
6
Beds
2,500 Sq. Ft.
$50 / Sq. Ft.
2,500
Sq. Ft.
$50
per Sq. Ft.
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Sold 12/31/18
Sold 12/31/18

Description

Excellent invest opportunity near downtown Lafayette and 5 Points redevelopment area. This duplex has been updated and well maintained over the past 10 years. Interior updates include kitchen cabinets, refinished trim and wood floors. The property has newer shingles, and all newer concrete sidewalks and parking lot for tenants. Both units are 3 bedrooms. 1609 unit is leased through September 2019, and a new owner has the option to choose a new tenant and lease terms for the 1611 side. Tenant occupied....Excellent invest opportunity near downtown Lafayette and 5 Points redevelopment area. This duplex has been updated and well maintained over the past 10 years. Interior updates include kitchen cabinets, refinished trim and wood floors. The property has newer shingles, and all newer concrete sidewalks and parking lot for tenants. Both units are 3 bedrooms. 1609 unit is leased through September 2019, and a new owner has the option to choose a new tenant and lease terms for the 1611 side. Tenant occupied. 24 hour notice for showings.
  1. Listed by Scott Brown • Keller Williams Lafayette

Property Details for 1609 Grove Street

Style
Two Story
Architectural Style
Traditional
Subdivision
Oak Land / Oakland
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 01/02/2019 05:31 PM

Property Details for 1609 Grove Street

StatusSold
MLS #201851510
Days on Market10
Taxes$1,884 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1910
Lot Size0.15 AC / 6,534 SF
CountyTippecanoe County
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Location

Listing Courtesy of Keller Williams Lafayette

Sold By The Russell Company

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Building Information for 1609 Grove Street

Stories2Residences2Year Built1910Building Size-Lot Size0.15 AC / 6,534 SF

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$780 per month

30 year fixed, 6.36% Interest

Principal and Interest

$623

Property Taxes

$157

HOA Dues

$0

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Property Information for 1609 Grove Street

Summary
Location and General Information
  • Area: Tippecanoe County
  • City: Lafayette
  • Zip Code: 47905
  • State: IN
  • Township: Fairfield
  • Road Access: City
  • Fips Code: 18157
  • Directions To Property: Grove St. near 5 Points intersection
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2018
  • Parcel Number Id: 79-07-28-135-008.000-004
School Information
  • School District: Lafayette
  • Elementary: Thomas Miller
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
Parking
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Private
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 132x50
  • Lot Number: 98
  • Below Grade Unfin Sqft: 308.0
  • Total Square Feet: 2808.0
  • Upper Level Sqft: 840.0
  • Approx Lot Size Sqft: 6534.0
  • Above Grade Finished Sqft: 2500.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 308.0
  • Total Finished Sqft: 2500.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 1660.0
Property and Assessments
  • New Construction: No
  • Year Built: 1910
  • Age: 108
  • Documents Available: LBP Form, Sellers Disclosure, Zoning
  • Planned Unit Development: No
Utilities
  • Cable Company: Comcast
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Storage, Attic Pull Down Stairs, Cable Available, Countertops-Laminate, Deck Open, Detector-Smoke, Porch Covered, Six Panel Doors, Storm Doors, Water Heater Electric, Sump Pump
  • Driveway: Concrete
  • Exterior: Vinyl
  • Fence: Full, Chain Link, None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 2
  • Number of Disposals: 2
  • Number of Dryers: 1
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 1
  • Number Water Meters: 1
  • Basement Material: Brick
  • Basement: Yes
  • Basement/Foundation: Crawl, Cellar, Partial Basement, Walk-Out Basement, Unfinished, Outside Entrance
  • Cooling: Central Air
  • Flooring: Carpet, Laminate, Wood
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $16,620
  • Annual Insurance Expense: $850
  • Annual Maint. Expense: $500
  • Annual Misc: $0
  • Annual Net Income: $12,186
  • Annual Property Tax: $1,884
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,200
  • Gross Monthly Income: $1,385
  • Gross Monthly Rent: $1,385
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Currently Rented: Yes
  • Unit 1-Lease Exp Date: 12-01-2018
  • Unit 1-Unit Number: 1609
  • Unit 1-Unit Rent $: $660
Unit 2
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Currently Rented: Yes
  • Unit 2-Lease Exp Date: 09-30-2019
  • Unit 2-Unit Number: 1611
  • Unit 2-Unit Rent $: $725
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Tax, Water
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance, Snow Removal

Property History for 1609 Grove Street

DateEvent & SourcePriceAppreciation
Dec 31, 2018

Sold (Public Record)

Public Record #637541881

$125,000—
Dec 31, 2018

Sold

Indiana Regional MLS #201851510

$125,000—
Nov 29, 2018

Pending

Indiana Regional MLS #201851510

—
DateEvent & SourcePrice
12/31/2018

Sold (Public Record)

Public Record #637541881

$125,000
12/31/2018

Sold

Indiana Regional MLS #201851510

$125,000
11/29/2018

Pending

Indiana Regional MLS #201851510

—

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

Public Records for 1609 Grove Street

Taxable ValueLand$18,000Additions$159,700Total$177,700
Tax Record2025$3,555 ($296 / month)
Home Facts
Baths2Total Finished SqFt2,492 SqFtAbove Grade Finished SqFt2,492 SqFtStories2Lot Size6,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningR2CountyTIPPECANOEAPN79-07-28-135-008.000-004

Schools near 1609 Grove Street

This home is within Lafayette School Corporation.
Rating
School
Type
Grades
Distance
Thomas Miller Elementary School
Public - K to 4
Lafayette Sunnyside Middle School
Public - 5 to 6
Lafayette Tecumseh Jr High School
Public - 7 to 8
Jefferson High School
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.