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Backup Offers

1316 Ferry St, Lafayette, IN, 47901

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
Multi

Location

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1316 Ferry St, Lafayette$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1901
HeatingElectric, Natural Gas, Forced Air
CoolingCentral Air
MLS #202444970
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)

About 1316 Ferry St

Great opportunity to invest, whether you rent both units, or live in one and rent the other! Unit one is on the main floor with two bedrooms off a living area, a third bedroom, eat-in kitchen, porch and access to cellar. Unit two is upstairs with two bedrooms, a living room, eat-in kitchen and one full bathroom. Off-street parking behind property and a new roof. Tenants rights through 1/31/25 and 10/31/25. All showings require 24 hour notice.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Stories: 2

Listing Office:

  • Office Name: @properties
  • Listing Agent: Stacy Grove

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  • Virtual Tour: 1316 Ferry St
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Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Go South on Erie St, left on Ferry, property on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000

Tax Information:

  • Annual Amount: $1,667
  • 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. Sold Price

$262.4K

Med. Price/SqFt

$160

Avg. Days On Market

9

# of Sold Homes

84

1316 Ferry St vs Lafayette

31 DAYS ON ROCKET

+22 Days

$250,000

-$12.4K Less

KEY TAKEAWAY

This property is $12.4K less than the Median Sold Price in Lafayette, IN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #202444970

Listing Office:

  • Office Name: @properties
  • Listing Agent: Stacy Grove

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: 12/22/2024, 4:20:54 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$1,667$83,200
2019$1,667$83,200
2018$1,651$82,400
2017$1,608$80,200

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.

Nearby Schools

school-card-donut-1021589
6
/10

  • Murdock Elementary School

  • 2100 Cason St

  • 0.44 miles

  • Public District Grades KG-4

school-card-donut-1021590
4
/10

  • Oakland Elementary School

  • 611 S 21st St

  • 0.87 miles

  • Public District Grades KG-4

school-card-donut-1021591
5
/10

  • Thomas Miller Elementary School

  • 700 S 4th St

  • 0.99 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,896. Most Lafayette, IN residents have annual incomes less than $35k. Typical family type is 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

Living In Lafayette, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lafayette, IN?

Lafayette's housing market offers a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from historic Victorian homes to contemporary ranch-style houses. The market is balanced with a mix of older homes that exude character and newer constructions that provide modern amenities. While the majority of the housing stock consists of single-family residences, there is also a selection of apartments and townhouses that cater to different lifestyle needs. The homeownership rate in Lafayette is robust, reflecting a community invested in property ownership and stability.

Is Lafayette, IN a good place to live?

Lafayette is celebrated for its vibrant community spirit and rich historical heritage. The city prides itself on its blend of urban amenities and small-town charm, offering residents a comfortable and engaging living environment. Annual events, such as the Taste of Tippecanoe, showcase the city's cultural diversity and foster a sense of community. The area's parks and recreational facilities contribute to the overall family-friendly atmosphere, making it an appealing place for a variety of residents.

Are things conveniently located in Lafayette, IN?

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic preferences. Lafayette is home to several healthcare facilities, offering residents access to primary care, emergency services, and specialized medical treatments. The city's public library system provides educational and cultural resources to the community. Retail and dining options are plentiful, with local businesses and restaurants reflecting the diverse tastes and culture of the residents. City initiatives are in place to continually improve and adapt services to meet the evolving needs of the community.

What does the transportation in Lafayette, IN look like?

Lafayette's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also conscious of walkability, with certain areas designed to be pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are a part of the city's transportation landscape, complementing the existing mobility options.

Rocket Homes›Indiana›Tippecanoe County›Lafayette›47901›1316 Ferry St

This home is located at 1316 Ferry St in Lafayette, IN and zip code 47901. This home was built in 1901. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $250,000.

In November 2024, from all listings sold in Lafayette, IN there were more than 16 sold above asking price, over 48 sold below and more than 20 were sold right at the asked price. The inventory of homes for sale in Lafayette, IN between October 2024 and November 2024 decreased by 5.7%. In November 2024, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $262,450.

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

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