"Incredible Investment Opportunity! This charming 3-bedroom, 1-bathroom home with a detached 2-car garage is a savvy investor's dream. Currently generating $1,000 per month in rental income, this property promises a steady return on your investment. While the house needs some TLC, it's situated in a prime location that more than makes up for it. You're just a stone's throw away from the vibrant downtown scene, where you can explore local restaurants, shops, and entertainment. 24 hour notice needed for showings.
Closed
$90,000
1840 Salem St, Lafayette, IN 47904
3beds
1,786sqft
Single Family Residence
Built in 1908
6,272 Square Feet Lot
$152,100 Zestimate®
$--/sqft
$1,452 Estimated rent
Home value
$152,100
$126,000 - $178,000
$1,452/mo
Zestimate® history
Owner options
List your home for rent
$1,452/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,452/mo
Rent Zestimate®
Refinance and save
$429/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$429/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Calvin Dykhuizen Agt:765-426-3928,
Keller Williams Lafayette
Bought with:
Calvin Dykhuizen, RB16000446
Keller Williams Lafayette
Source: IRMLS,MLS#: 202340060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Electric Range
Features
- Flooring: Carpet
- Basement: Unfinished,Brick
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,197
- Total interior livable area: 1,786 sqft
- Finished area above ground: 1,786
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Concrete
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,272 Square Feet
- Dimensions: 50x125
- Features: Corner Lot, City/Town/Suburb
Details
- Parcel number: 790721258001.000004
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $133,900
- Annual tax amount: $1,700
- Date on market: 12/13/2023
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2023 | Sold | $90,000-14.3% |
Source:  IRMLS #202340060 Report a problem | ||
| 11/14/2023 | Pending sale | $105,000 |
Source: IRMLS #202340060 Report a problem | ||
| 11/1/2023 | Listed for sale | $105,000+147.1% |
Source: IRMLS #202340060 Report a problem | ||
| 12/20/2012 | Sold | $42,500+18.1%$24/sqft |
Source: Public Record Report a problem | ||
| 11/20/2010 | Listing removed | $36,000$20/sqft |
Source: Lafayette Success Group LLC d/b/a Keller Williams Realty Signature Partners #9946389 Report a problem | ||
| 8/21/2010 | Listed for sale | $36,000-52.3%$20/sqft |
Source: Keller Williams - Lafayette, IN #9946389 Report a problem | ||
| 12/5/2007 | Sold | $75,500$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,361 +26.3% | $133,900 +13.5% |
| 2024 | $1,869 +9.9% | $118,000 +26.3% |
| 2023 | $1,700 +2% | $93,400 +10% |
| 2022 | $1,667 +0.1% | $84,900 +2% |
| 2021 | $1,665 +4% | $83,200 |
| 2020 | $1,601 +1% | -- |
| 2019 | $1,585 +0.5% | $79,900 +1% |
| 2018 | $1,577 +0.9% | $79,100 +0.5% |
| 2017 | $1,562 | $78,700 +1% |
| 2016 | $1,562 +1.6% | $77,950 -0.3% |
| 2014 | $1,538 +2.6% | $78,200 +4.5% |
| 2013 | $1,499 | $74,800 +13.7% |
| 2012 | -- | $65,800 +8125% |
| 2011 | -- | $800 -98.8% |
| 2010 | -- | $69,100 +10% |
| 2009 | $2,516 +356.1% | $62,800 -16.6% |
| 2007 | $552 -60.7% | $75,300 +3% |
| 2006 | $1,404 +242.9% | $73,100 |
| 2005 | $409 -15.6% | $73,100 |
| 2004 | $485 +2.6% | $73,100 |
| 2003 | $472 -1.7% | $73,100 +118.9% |
| 2002 | $481 | $33,400 |
| 2001 | -- | $33,400 |
Find assessor info on the county website
Neighborhood: Hanna
Nearby homes
- $39,7006,250 Square Feet1836 Salem St, Lafayette, IN 47904Off Market
- $165,9004 bd2 ba1.4k sqft1830 Salem St, Lafayette, IN 47904Off Market
- $165,3001 bd1 ba500 sqft1902 Salem St, Lafayette, IN 47904Off Market
- $7001 bd1 ba500 sqft1902 Salem St APT 2, Lafayette, IN 47904For Rent
- $--1 bd1 ba705 sqft1902 Salem St #A, Lafayette, IN 47904Off Market
- $--1 bd1 ba705 sqft1902 Salem St APT 1, Lafayette, IN 47904Off Market
- $--1 bd1 ba747 sqft1902 Salem St APT 3, Lafayette, IN 47904Off Market
- $186,4003 bd3 ba2k sqft920 N 19th St, Lafayette, IN 47904Off Market
Nearby schools
GreatSchools rating
- 3/10Lafayette Sunnyside Middle SchoolGrades: 5-6Distance: 0.5 mi
- 4/10Lafayette Tecumseh Jr High SchoolGrades: 7-8Distance: 2 mi
- 3/10Jefferson High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Vinton
- Middle: Sunnyside/Tecumseh
- High: Jefferson
- District: Lafayette
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Indiana
- Tippecanoe County
- Lafayette
- 47904
- Hanna
- 1840 Salem St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lafayette Topics
