Great investment property! This 3 bed 2 bath duplex rents for a combined $1550/month ($850/month until June 2024 on side A (2 bed 1 Bath). $700/month until July 2024 on side B (1 Bed 1 Bath). The interiors of both units were renovated about a year ago. Both bathrooms were completely redone. New interior paint. New flooring. A completely redone basement, and a new kitchen. Owner pays for water, waste, and trash, while tenant pays for gas and electric. There is a P&L statement in the documents. Leases available upon request. Property is being sold AS-IS.
Closed
$123,500
311 Fountain St, Lafayette, IN 47905
3beds
1,420sqft
Single Family Residence, Duplex
Built in 1920
-- sqft lot
$227,700 Zestimate®
$--/sqft
$1,406 Estimated rent
Home value
$227,700
$203,000 - $255,000
$1,406/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gabriel McDaniel 765-993-7972,
Nexus Realty Group
Bought with:
Gabriel McDaniel, RB23001136
Nexus Realty Group
Source: IRMLS,MLS#: 202405531
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Family room
- Level: Main
- Area: 184
- Dimensions: 23 x 8
Kitchen
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Living room
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Office
- Level: Upper
- Area: 130
- Dimensions: 13 x 10
Heating
- Electric, Natural Gas
Cooling
- Window Unit(s)
Features
- Flooring: Carpet
- Basement: Crawl Space,Partial,Unfinished,Block
- Attic: Storage,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,120
- Total interior livable area: 1,420 sqft
- Finished area above ground: 1,420
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 5,488 Square Feet
- Dimensions: 66 x 50
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 790729259001.000004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Duplex
Materials
- Vinyl Siding
- Foundation: Wood
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $124,600
- Annual tax amount: $3,415
- Date on market: 5/3/2024
- Listing terms: Cash,Conventional,Lease w/Option to Buy,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $123,500-5% |
Source:  IRMLS #202405531 Report a problem | ||
| 4/1/2024 | Pending sale | $130,000 |
Source: IRMLS #202405531 Report a problem | ||
| 2/22/2024 | Listed for sale | $130,000-3.7% |
Source: IRMLS #202405531 Report a problem | ||
| 1/6/2024 | Listing removed | $135,000 |
Source: IRMLS #202333811 Report a problem | ||
| 12/6/2023 | Pending sale | $135,000 |
Source: IRMLS #202333811 Report a problem | ||
| 11/9/2023 | Price change | $135,000-3.6% |
Source: IRMLS #202333811 Report a problem | ||
| 9/16/2023 | Listed for sale | $140,000 |
Source: IRMLS #202333811 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,358 +32.6% | $124,600 +5.7% |
| 2024 | $1,778 +4.5% | $117,900 +32.6% |
| 2023 | $1,702 +15% | $88,900 +4.5% |
| 2022 | $1,480 +30.1% | $85,100 +15% |
| 2021 | $1,138 | $74,000 |
| 2020 | $1,138 +1.1% | -- |
| 2019 | $1,126 +2.7% | $56,900 +1.1% |
| 2018 | $1,096 +1.1% | $56,300 +2.7% |
| 2017 | $1,084 | $54,800 +1.1% |
| 2016 | $1,084 +2.5% | $54,220 +4.7% |
| 2014 | $1,058 +10% | $51,800 +7.7% |
| 2013 | $962 | $48,100 -1.2% |
| 2012 | -- | $48,700 +595.7% |
| 2011 | -- | $7,000 -84.7% |
| 2010 | -- | $45,900 -22.1% |
| 2009 | $2,411 | $58,900 |
Find assessor info on the county website
Neighborhood: Ellsworth Romig
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Nearby schools
GreatSchools rating
- 6/10Thomas Miller Elementary SchoolGrades: K-4Distance: 0.3 mi
- 4/10Lafayette Tecumseh Jr High SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Jefferson High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Thomas Miller
- 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.
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- Indiana
- Tippecanoe County
- Lafayette
- 47905
- Ellsworth Romig
- 311 Fountain St
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