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1018 South 3rd Street

1018 South 3rd Street, Lafayette, IN 47905
Property in Fairfield
Sold Jul 21, 2021
$77,100
$76,088 by Ixonia Bank
Mortgage Due Aug 01, 2051
1018 South 3rd Street in Lafayette, IN was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1018 South 3rd Street has 944 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 440 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,450 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 768 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1018 South 3rd Street was last sold in Jul 19, 2021 for $77,100. According to our calculations, that's $55.71 per sqft. Current property owners are expected to pay $514 in taxes per year. The property on 1018 South 3rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $83,600. To break that down further, the land itself was valued at $13,000. While improvements to the property were assessed at a total of $70,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 440
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,450
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,384
  • Gross Building Area: 1,384
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 944
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHN LEVERING ADDN
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: JOHN LEVERING ADDN LOT 33

Ownership

  • Current Owner : GORDON JOSEPH
  • Current Owner 2: GORDON LILLIE
  • Previous Owner : VERHEY ROGER L
  • Previous Owner 2: VERHEY NANCY J

Neighborhood

  • School District Name: Lafayette School Corporation
  • Census Tract: 011100

Geography

  • District: 0001
  • Parcel: 79-07-29-461-001.000-004
  • Lot: 33
  • Municipality: FAIRFIELD TOWNSHIP
  • Latitude: 40.4062
  • Longitude: -86.8944

    Address

  • Full Address: 1018 S 3rd St
  • Address - House Number: 1018
  • Street Direction: S
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lafayette
  • Carrier Code: C010
  • 4-Digit Zip Code: 1746
  • Zip Code: 47905

Valuation

    Tax

  • Total Area: 1,384
  • Tax Year: 2022
  • Tax Amount: $514
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 159,995
  • High Value: 195,410
  • Low Value: 124,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,088
  • First Open Lien Mortgage Lender: IXONIA BANK
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $76,088
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $83,600
  • Market Land Value: $13,000
  • Market Improvement Value: $70,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,600
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $70,600

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11846819263
  • Current Sale Price: $77,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202121016856

    Last Sale Mortgage

  • First Mortgage Lender: IXONIA BANK
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $76,088
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1018 South 3rd Street located in?
The 1018 South 3rd Street is a located in the neighborhood of Fairfield in Lafayette, Lafayette.
What is the average sales price for listings in 1018 South 3rd Street?
The average sales price for units in 1018 South 3rd Street is $0 currently.

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