22 days on rocket

2022 Elk St, Lafayette, IN, 47904

$179,900

Home List Price

$2,136*

Closing Credit

2 Bedrooms
2 Full Baths
$239/SqFt
House

Location

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2022 Elk St, Lafayette$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1910
HeatingNatural Gas, Baseboard, Forced Air
CoolingCentral Air, Wall Unit(s)
FireplaceNone
MLS #202441835
Lot Size0.10 Acres
StatusActive

About 2022 Elk St

This property is a non-conforming use with 2 rental units on one parcel. Please consult with your lender prior to making an offer. This unique investment opportunity features two separate housing units with grandfather zoning - allowing for flexible living or rental income! The main home is a cozy 2-bedroom, 1-bath residence, featuring a warm sunroom, spacious dining area, and an updated kitchen. A full basement provides additional storage or potential for extra space. The second unit is a comfortable 1-bedroom with its own kitchen, dining space, and living room, ideal for a tenant, extended family, or even a guest suite. Both units are currently occupied on a month-to-month basis, offering immediate rental income with flexibility. This property is ideal for first-time homeowners seeking extra income, savvy investors, or students looking to offset costs by renting to roommates. It's close proximity to West Lafayette, versatility, and income potential, this property is a rare find that promises value for a variety of living arrangements and investment strategies!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Duplex
  • Year Built: 1910

Listing Office:

  • Office Name: Keller Williams Lafayette
  • Office Phone: (765) 714-1971
  • Listing Agent: Scott Brown

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Aluminum, Block

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 2022 Elk St
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Forced Air
  • Cooling: Central Air, Wall Unit(s)

Other

Directions Information:

  • Directions: Corner of Elk and N 20th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $1,520
  • 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

2022 Elk St vs Lafayette

22 DAYS ON ROCKET

+4 Days

$179,900

-$91.3K Less

$239/SqFt

+$77 More

KEY TAKEAWAY

This property is $91.3K less than the Median Sold Price and $77/SqFt more than other homes in Lafayette, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #202441835

Listing Office:

  • Office Name: Keller Williams Lafayette
  • Office Phone: (765) 714-1971
  • Listing Agent: Scott Brown

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, 5:20:49 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$1,520$75,700
2019$1,489$74,200
2018$1,425$71,000
2017$1,397$69,600

History based on county public records data.

Payment Calculator

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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NMLS#3030

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-194767
6
/10

  • Vinton Elementary School

  • 3101 Elmwood Ave

  • 0.66 miles

  • Public District Grades KG-4

school-card-donut-194768
6
/10

  • Murdock Elementary School

  • 2100 Cason St

  • 1.23 miles

  • Public District Grades KG-4

school-card-donut-194769
7
/10

  • Glen Acres Elementary School

  • 1106 Kensington Dr

  • 1.75 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 $34,151. Typical income of Lafayette, IN residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents 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.

Frequently Asked Questions About 2022 Elk St

What is the listing price of this property?

The listing price of 2022 Elk St property is $179,900.

What type of property is this?

The property 2022 Elk St is a house located in Lafayette, Indiana, 47904.

Is this property for sale now?

Active Listing: 2022 Elk St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,520 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2022 Elk St has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 2022 Elk St is 1910.

Rocket Homes›Indiana›Tippecanoe County›Lafayette›47904›2022 Elk St

This home is located at 2022 Elk St in Lafayette, IN and zip code 47904. This home was built in 1910. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $179,900.

In October 2024, from all listings sold in Lafayette, IN there were more than 26 sold above asking price, over 41 sold below and more than 25 were sold right at the asked price. The number of homes for sale 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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