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1318 S St, Lafayette, IN, 47901

$309,900

Home List Price

$3,680*

Closing Credit

0 Baths
Multi

Location

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1318 S St, Lafayette$309,900

Buyer Closing Credits

$3,680*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1980
HeatingForced Air
CoolingCentral Air
MLS #202444799
Lot Size0.14 Acres
StatusActive

About 1318 S St

Investment opportunity in a prime location! This 4-unit multi-family property offers excellent investment potential. Located in a desirable neighborhood near downtown Lafayette and Purdue University, this property boasts strong rental demand and stable income. Property highlights include; three of the four units recently renovated, providing modern and comfortable living spaces for tenants, potential value-add with an unfinished walk up attic that offers potential for additional living space or storage, ample off-street parking for residents and guests, and a convenient on-site coin operated laundry facility for tenants and additional revenue. The property’s proximity to downtown Lafayette and Purdue University ensures consistent and strong rental income. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 3

Listing Office:

  • Office Name: Raeco Realty
  • Listing Agent: Jason Conley

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Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E on Main house on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,900

Tax Information:

  • Annual Amount: $2,180
  • 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

$271.2K

Med. Price/SqFt

$162

Avg. Days On Market

18

# of Sold Homes

96

1318 S St vs Lafayette

1 DAY ON ROCKET

-17 Days

$309,900

+$38.6K More

KEY TAKEAWAY

This property is $38.6K more than the Median Sold Price in Lafayette, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202444799

Listing Office:

  • Office Name: Raeco Realty
  • Listing Agent: Jason Conley

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: 11/21/2024, 3:20:49 AM 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$2,180$109,000
2019$2,096$104,800
2018$2,096$104,800
2017$2,040$102,000

History based on county public records data.

Payment Calculator

$1,614

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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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-173340
6
/10

  • Murdock Elementary School

  • 2100 Cason St

  • 0.46 miles

  • Public District Grades KG-4

school-card-donut-173341
4
/10

  • Oakland Elementary School

  • 611 S 21st St

  • 0.70 miles

  • Public District Grades KG-4

school-card-donut-173342
5
/10

  • Thomas Miller Elementary School

  • 700 S 4th St

  • 0.89 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 $28,485. The majority of Lafayette, IN residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

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›1318 S St

This home is located at 1318 S St in Lafayette, IN and zip code 47901. This home was built in 1980. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $309,900.

Lafayette, IN housing market in October 2024 saw over 26 listings sold above listed price, more than 25 sold at listed price and over 41 sold below. The number of listings in Lafayette, IN increased by 10.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $271,250, while the average time on the real estate market was 18 days.

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

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