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  • Price cut: $14.9K (7/8)
    $245,000

    637 Park Ave, Lafayette, IN 47904

    4beds
    1,471sqft
    : 
    $1,574/mo
    Get pre-qualified
    Duplex
    Built in 1901
    -- sqft lot
    $229,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This two-unit rental property in Lafayette offers a solid investment opportunity. Each unit features 2 bedrooms and 1 full bath, with washer/dryer hookups in one unit. Tenants already in place through June 2027, at $1,050 per month per unit, providing immediate rental income. Schedule a showing today to explore the potential of this income-producing property.
    79 days
    |
    286
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy C Russell 765-426-7000,

    @properties

    Source: IRMLS,MLS#: 202617200MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Forced Air
      Cooling
      • None
      Features
      • Laminate Counters
      • Flooring: Carpet, Vinyl Tile
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,149
      • Total interior livable area: 1,471 sqft
      • Finished area above ground: 1,471
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 45X80
      • Features: Corner Lot, 0-2.9999
      Details
      • Additional structures: None
      • Parcel number: 790728279022.000004
      • Zoning: R1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl Siding
      • Foundation: Basement
      Condition
      • New construction: No
      • Year built: 1901

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Belt RY
      Location
      • Region: Lafayette

      Financial & listing details

      • Tax assessed value: $114,900
      • Annual tax amount: $2,300
      • Date on market: 5/8/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land, Lease
      • Lease term: 12 Months
      • Total actual rent: 25200
      • Tenant pays: Cable TV, Deposit Value

        Estimated market value

        $229,300

        $218,000 - $241,000

        $1,227/mo

        Price history

        DateEventPrice
        7/8/2026Price change$245,000-5.7%
        Source: IRMLS #202617200 Report a problem
        5/8/2026Listed for sale$259,900-5.5%
        Source: IRMLS #202617200 Report a problem
        4/4/2026Listing removed$275,000
        Source: IRMLS #202549406 Report a problem
        12/20/2025Listed for sale$275,000+33.5%
        Source: IRMLS #202549406 Report a problem
        11/27/2023Sold$206,000-8.4%
        Source: IRMLS #202338643 Report a problem
        10/30/2023Pending sale$225,000
        Source: IRMLS #202338643 Report a problem
        10/20/2023Listed for sale$225,000+63.6%
        Source: IRMLS #202338643 Report a problem
        4/4/2023Sold$137,500-5.2%
        Source: IRMLS #202306502 Report a problem
        3/22/2023Pending sale$145,000
        Source: IRMLS #202306502 Report a problem
        3/17/2023Price change$145,000-12.1%
        Source: IRMLS #202306502 Report a problem
        3/7/2023Listed for sale$165,000+451.8%
        Source: IRMLS #202306502 Report a problem
        6/9/2010Listing removed$29,900$20/sqft
        Source: Zook Realty GMAC Real Estate #9945311 Report a problem
        5/20/2010Listed for sale$29,900-39.1%$20/sqft
        Source: Systems Engineering, Inc. #19879 Report a problem
        4/13/2010Sold$49,125$33/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,300 +59.1%$129,900 +13.1%
        2024$1,446 -0.1%$114,900 +59.1%
        2023$1,446 -0.1%$72,200
        2022$1,447 +0%$72,200
        2021$1,447 $72,200
        2020$1,447 -0.1%--
        2019$1,449 +0%$72,200
        2018$1,448 +1.2%$72,200
        2017$1,431 $72,200 +1.1%
        2016$1,431 +2.5%$71,440 +5.4%
        2014$1,397 +9%$67,800 +6.1%
        2013$1,282 $63,900 -21.3%
        2012-- $81,200 +549.6%
        2011-- $12,500 -83.4%
        2010-- $75,400 -10.1%
        2009$6,910 +285%$83,900 -0.9%
        2007$1,795 +10.3%$84,700
        2006$1,627 +2.1%$84,700
        2005$1,593 $84,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Columbian Park

        Getting around

        56 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oakland
        • 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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