Located in the heart of downtown Lafayette's historical district, this 1910 estate-sale property is full of potential. With over 1,200 sq. ft. of living space, this 1-bedroom, 1-bath home boasts timeless character, including high 9' ceilings and a spacious dining area off the kitchen. Situated on an oversized corner lot, the property includes three outbuildings, one of which is a 1-car detached garage, providing ample storage and workshop opportunities. The laundry is conveniently located in the kitchen, making it easy to reimagine the space into a modern layout. Whether you're an investor or a homeowner with a vision, this home’s good bones offer an excellent canvas to restore and revitalize. Priced to sell, this is your opportunity to bring this historical gem back to life while enjoying the charm and convenience of downtown Lafayette living.
Closed
$95,000
501 S 1st St, Lafayette, IN 47905
1beds
1,224sqft
Single Family Residence
Built in 1910
7,405 Square Feet Lot
$102,000 Zestimate®
$--/sqft
$970 Estimated rent
Home value
$102,000
$91,000 - $115,000
$970/mo
Zestimate® history
Owner options
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$970/mo
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$453/mo
Est. payment
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Est. payment
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List your homeWhat's special
Three outbuildingsOversized corner lotCorner lotSpacious dining area
Zillow last checked:
Listing updated:
Listed by:
Doug Browning Agt:765-412-3625,
Keller Williams Lafayette
Bought with:
Emily Dunn, RB18001737
The Real Estate Agency
Source: IRMLS,MLS#: 202500530
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Upper
Dining room
- Level: Basement
- Area: 225
- Dimensions: 15 x 15
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Living room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Natural Gas, Forced Air, Hot Water
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range/Oven Hook Up Gas, None, Gas Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling-9+, Ceiling Fan(s), Laminate Counters, Tub/Shower Combination
- Flooring: Hardwood
- Basement: Partial,Unfinished,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,224 sqft
- Finished area above ground: 1,224
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Concrete
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: Partial,Metal
Lot
- Size: 7,405 Square Feet
- Dimensions: 60X120
- Features: Corner Lot, 0-2.9999, City/Town/Suburb
Details
- Additional structures: Shed(s), Shed
- Parcel number: 790729176012.000004
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: None
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $75,900
- Annual tax amount: $1,526
- Date on market: 1/7/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $95,000-20.8% |
Source:  IRMLS #202500530 Report a problem | ||
| 1/14/2025 | Pending sale | $120,000 |
Source: IRMLS #202500530 Report a problem | ||
| 1/7/2025 | Listed for sale | $120,000 |
Source: IRMLS #202500530 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,556 +2% | $67,700 -12.6% |
| 2024 | $1,526 +9.7% | $77,500 +2.1% |
| 2023 | $1,391 +1.7% | $75,900 +10% |
| 2022 | $1,367 +0% | $69,000 +2.1% |
| 2021 | $1,367 +0% | $67,600 |
| 2020 | $1,367 0% | -- |
| 2019 | $1,367 +0.2% | $67,600 |
| 2018 | $1,365 +1.2% | $67,600 |
| 2017 | $1,349 | $67,600 +1% |
| 2016 | $1,349 +2.1% | $66,910 -2% |
| 2014 | $1,320 -3.2% | $68,300 +0.9% |
| 2013 | $1,364 | $67,700 +5.5% |
| 2012 | -- | $64,200 +10600% |
| 2011 | -- | $600 -98.9% |
| 2010 | -- | $54,900 +3.6% |
| 2009 | $2,125 +392.8% | $53,000 -3.3% |
| 2007 | $431 +8.9% | $54,800 +3.8% |
| 2006 | $396 -6% | $52,800 |
| 2005 | $421 +5.7% | $52,800 |
| 2004 | $398 +2.6% | $52,800 |
| 2003 | $388 +71.8% | $52,800 +228% |
| 2002 | $226 | $16,100 |
| 2001 | -- | $16,100 |
Find assessor info on the county website
Neighborhood: Wabash
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Nearby schools
GreatSchools rating
- 6/10Thomas Miller Elementary SchoolGrades: K-4Distance: 0.4 mi
- 4/10Lafayette Tecumseh Jr High SchoolGrades: 7-8Distance: 1.7 mi
- 3/10Jefferson High SchoolGrades: 9-12Distance: 1.6 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
- Wabash
- 501 S 1st St
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