Prime investment opportunity in the heart of the Wabash Avenue Neighborhood. Positioned between St. Ann's church and the proposed Wabash Neighborhood riverfront park and redevelopment, this property boasts significant potential. With a solid rental history spanning two decades, it presents a lucrative option for investors or owner-occupiers alike. Updates such as fresh paint, flooring, and cosmetic touches could transform this property into a highly desirable asset. Conveniently located near popular amenities including Sacred Grounds coffee shop, Shamrock Park, and dog park, and just a short 15-minute stroll to downtown Lafayette. Featuring 4-5 bedrooms, 2 full baths, and a spacious kitchen area, plus a 3-car masonry constructed garage with abundant possibilities. Don't miss out on this promising investment opportunity
Closed
$193,500
602 S 1st St, Lafayette, IN 47905
4beds
2,144sqft
Single Family Residence
Built in 1900
7,405 Square Feet Lot
$232,700 Zestimate®
$--/sqft
$1,598 Estimated rent
Home value
$232,700
$216,000 - $249,000
$1,598/mo
Zestimate® history
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$1,215/mo
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List your homeWhat's special
Shamrock parkSacred grounds coffee shopDog parkFresh paintSpacious kitchen area
Zillow last checked:
Listing updated:
Listed by:
Scott M Brown Agt:765-714-1971,
Keller Williams Lafayette
Bought with:
Aimee Ness, RB14038249
Aimee Ness Realty Group
Source: IRMLS,MLS#: 202410171
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Family room
- Level: Upper
- Area: 168
- Dimensions: 12 x 14
Kitchen
- Level: Main
- Area: 187
- Dimensions: 17 x 11
Living room
- Level: Main
- Area: 360
- Dimensions: 30 x 12
Office
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range/Oven Hook Up Elec, Refrigerator, Electric Oven, Electric Range, Gas Water Heater
- Laundry: Sink
Features
- Laminate Counters, Tub/Shower Combination
- Flooring: Carpet, Laminate
- Basement: Crawl Space,Partial,Unfinished,Block,Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,811
- Total interior livable area: 2,144 sqft
- Finished area above ground: 2,144
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch Covered
- Fencing: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 120 x 60
- Features: Corner Lot, Level, City/Town/Suburb, Near College Campus
Details
- Parcel number: 790729180001.000004
- Zoning: R1
- Zoning description: residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Lafayette
Financial & listing details
- Tax assessed value: $143,700
- Annual tax amount: $2,344
- Date on market: 5/9/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2024 | Sold | $193,500+10.6% |
Source:  IRMLS #202410171 Report a problem | ||
| 3/28/2024 | Pending sale | $175,000 |
Source: IRMLS #202410171 Report a problem | ||
| 3/28/2024 | Listed for sale | $175,000-30% |
Source: IRMLS #202410171 Report a problem | ||
| 12/4/2023 | Listing removed | -- |
Source:  MIBOR as distributed by MLS GRID #21950073 Report a problem | ||
| 10/24/2023 | Listed for sale | $250,000$117/sqft |
Source: MIBOR as distributed by MLS GRID #21950073 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,266 -3.3% | $143,700 +26.8% |
| 2024 | $2,344 | $113,300 -3.3% |
| 2023 | $2,344 +2% | $117,200 |
| 2022 | $2,298 | $117,200 +2% |
| 2021 | $2,298 +4% | $114,900 |
| 2020 | $2,210 +1% | -- |
| 2019 | $2,188 +0.5% | $110,500 +1% |
| 2018 | $2,178 +1% | $109,400 +0.5% |
| 2017 | $2,156 | $108,900 +1% |
| 2016 | $2,156 +2% | $107,810 -2.5% |
| 2014 | $2,114 +7.4% | $110,600 +12.4% |
| 2013 | $1,968 | $98,400 +5% |
| 2012 | -- | $93,700 |
| 2011 | -- | -- |
| 2010 | -- | $103,600 +1% |
| 2009 | $4,104 | $102,600 +470% |
| 2001 | -- | $18,000 |
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
- 602 S 1st St
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