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Backup Offers

131 Park Ave, Lafayette, IN, 47904

$249,900

Home List Price

$2,968*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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131 Park Ave, Lafayette$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1915
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
MLS #202402350
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)

About 131 Park Ave

- Great Investment Opportunity! This fully occupied 4-unit rental is in a great location, directly across the street from Columbian Park. Each unit is 1 bedroom/1 bathroom with a 1 car detached garage space for storage and access to the basement washer/dryer if they desire. One tenant has been there 24 years, and the most recent tenant signed a lease last August. Property will only be available for showings on Saturdays from 2-4pm and must be confirmed by listing agent. Inspections welcome, but property being sold "as-is".

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Stories: 2

Listing Office:

  • Office Name: F C Tucker/Lafayette Inc
  • Office Phone: (765) 491-8531
  • Listing Agent: Kimberly Beazer

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Jefferson High School, Public District Grades 9-12
  • Lafayette Sunnyside Middle School, Public District Grades 5-6
  • Lafayette Tecumseh Jr High School, Public District Grades 7-8
  • Murdock Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: SOUTH STREET TO PARK AVENUE, HOME ON LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900

Tax Information:

  • Annual Amount: $2,976
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lafayette, IN.

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Lafayette, IN

City

Med. List Price

$270K

Med. Price/SqFt

$155

Avg. Days On Market

38

# of Sold Homes

33

131 Park Ave vs Lafayette

97 DAYS ON ROCKET

+59 Days

$249,900

-$20.1K Less

KEY TAKEAWAY

This property is $20.1K less than the Median List Price in Lafayette, IN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202402350

Listing Office:

  • Office Name: F C Tucker/Lafayette Inc
  • Office Phone: (765) 491-8531
  • Listing Agent: Kimberly Beazer

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,976$144,000
2019$2,857$138,500
2018$2,861$138,500
2017$2,782$134,800

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3923823
7
/10

  • Murdock Elementary School

  • 2100 Cason St

  • 0.52 miles

  • Public District Grades KG-4

Middle School

school-card-donut-3923824
2
/10

  • Lafayette Sunnyside Middle School

  • 530 N 26th St

  • 0.47 miles

  • Public District Grades 5-6

school-card-donut-3923825
4
/10

  • Lafayette Tecumseh Jr High School

  • 2101 South 18th St/Teal Rd

  • 1.31 miles

  • Public District Grades 7-8

High School

school-card-donut-3923826
3
/10

  • Jefferson High School

  • 1801 S 18th St

  • 1.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,590. Typical income of Lafayette, IN residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Indiana›Tippecanoe County›Lafayette›47904›131 Park Ave

This home is located at 131 Park Ave in Lafayette, IN and zip code 47904. This home was built in 1915. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $249,900.

The inventory of homes for sale in Lafayette, IN between February 2024 and March 2024 increased by 101.9%. Listings spent 38 days on the market in March 2024, and had a median list price of $270,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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