2 months on rocket

Sale Pending

401405/407 Lingle Ave, Lafayette, IN, 47901

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
Multi

Location

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401405/407 Lingle Ave, Lafayette$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #202422332
Lot Size0.50 Acres
StatusSale Pending
(Pending)

About 401405/407 Lingle Ave

Incredible opportunity for local investors and developers in Lafayette's historic Ellsworth-Romig Neighborhood. This large corner lot features three properties - a single family home and two duplex units with stunning views of downtown Lafayette. The potential for growth and development in this area is unmatched. Whether you choose to renovate the existing units or start fresh with a new project, the possibilities are endless. Don't miss out on this prime real estate opportunity! 24 hour noticed required before all showings. Properties being sold as-is. (Realtors please read agent remarks for additional info, rents, and utilities.)

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Shook
  • Listing Agent: Tabitha Casto

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Kossuth, turn north on Lingle, at bottom of the hill turn right on Romig, turn right into alley. Parking on the right OR South St. south on 6th, left on Romig, 1st right into alley, parking on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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Housing Market Comparison

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

Med. Sold Price

$257.5K

Med. Price/SqFt

$169

Avg. Days On Market

17

# of Sold Homes

46

401405/407 Lingle Ave vs Lafayette

81 DAYS ON ROCKET

+64 Days

$475,000

+$217.5K More

KEY TAKEAWAY

This property is $217.5K more than the Median Sold Price in Lafayette, IN.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Number: #202422332

Listing Office:

  • Office Name: Coldwell Banker Shook
  • Listing Agent: Tabitha Casto

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: 9/7/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-1095757
5
/10
  • Thomas Miller Elementary School

  • 700 S 4th St

  • 0.26 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1095758
4
/10
  • Lafayette Tecumseh Jr High School

  • 2101 South 18th St/Teal Rd

  • 1.25 miles

  • Public District Grades 7-8

school-card-donut-1095759
3
/10
  • Lafayette Sunnyside Middle School

  • 530 N 26th St

  • 1.40 miles

  • Public District Grades 5-6

High School

school-card-donut-1095760
3
/10
  • Jefferson High School

  • 1801 S 18th St

  • 1.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,515. The majority of Lafayette, IN residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree 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 HomesIndianaTippecanoe CountyLafayette47901401405/407 Lingle Ave

This home is located at 401405/407 Lingle Ave in Lafayette, IN and zip code 47901. This home was built in 1920. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $475,000.

While more than 16 listings in Lafayette, IN in August 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 19 were sold below. The inventory of homes for sale in Lafayette, IN between July 2024 and August 2024 increased by 65.4%. Listings spent 17 days on the market in August 2024, and had a median list price of $257,500 during the same period.

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

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