Closed

$226,000

132 S 31st St, Lafayette, IN 47904

4beds

1,672sqft

Duplex

Built in 1992

-- sqft lot

$256,700 Zestimate^®

$--/sqft

$1,362 Estimated rent

Home value

$256,700

$244,000 - $270,000

$1,362/mo

Zestimate^® history

Owner options

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$1,362/mo

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$1,362/mo

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$1,420/mo

Est. payment

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$1,420/mo

Est. payment

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What's special

Excellent investment opportunity! This 2-story duplex offers identical 2 bed 1 bath units, in a great central location - close to parks, schools and shopping. Each unit features a living room, kitchen and laundry room on the main floor, and 2 bedrooms & full bath on the second floor. Nice backyard space with storage shed & a parking pad that can fit up to 4 cars. The property features a newer HVAC system. Units have separate meters and tenants pay all utilities. Unit 1 has a 6 month lease, and unit 2 will be vacant by 9/30.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Eat-in Kitchen
Flooring: Carpet, Laminate
Has basement: No

Interior area

Total structure area: 1,672
Total interior livable area: 1,672 sqft
Finished area above ground: 1,672
Finished area below ground: 0

Property

Parking

Parking features: Off Street, Paved, On Street
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Patio, Porch Covered

Lot

Size: 6,011 Square Feet
Dimensions: 50x120
Features: Level, City/Town/Suburb

Details

Additional structures: None
Parcel number: 790727126023.000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1992

Utilities & green energy

Electric: Duke Energy Indiana
Sewer: City
Water: City

Community & HOA

Community

Features: None
Subdivision: None

Location

Region: Lafayette

Financial & listing details

Tax assessed value: $186,000
Annual tax amount: $2,863
Date on market: 9/6/2024
Listing terms: Cash,Conventional
Inclusions: Building, Land
Lease term: 6 Months
Total actual rent: 15000
Tenant pays: Electricity, Fuel, Sewer, Water

Price history

Date	Event	Price
9/25/2024	Sold	$226,000+0.4%
Source: IRMLS #202434319 Report a problem
9/6/2024	Listed for sale	$225,000
Source: IRMLS #202434319 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,631 +26.8%	$186,000 +2.5%
2024	$2,864 +4%	$181,500 +26.8%
2023	$2,754 +10%	$143,100 +4%
2022	$2,504 0%	$137,600 +10%
2021	$2,505	$125,100
2020	$2,505 +3%	--
2019	$2,433 +3.5%	$125,100 +3%
2018	$2,350 +1%	$121,500 +3.5%
2017	$2,327	$117,400 +1%
2016	$2,327 +2.5%	$116,240 +6.6%
2014	$2,271 +8.9%	$109,000 +4.7%
2013	$2,085	$104,100 -9.4%
2012	--	$114,900 +56.8%
2011	--	$73,300 -39.5%
2010	--	$121,200 -11.1%
2009	$3,592 +81%	$136,300 -4.7%
2008	$1,985 +2.6%	$143,000 +4.8%
2007	$1,936 +8.9%	$136,400
2006	$1,777 -0.2%	$136,400
2005	$1,780	$136,400