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1933 Salem Street

1933 Salem Street, Lafayette, IN 47904
Multifamily in Fairfield
Sold Dec 30, 2021
$117,200
$93,750 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2052
Sold Dec 01, 2020
Transfer
Local assessors in Lafayette, IN have categorized 1933 Salem Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 6,625 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 530 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1933 Salem Street has a total of 1,769 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 305 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 216 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 23, 2021 for $117,200. That's $56.51 per sqft. 1933 Salem Street was last assessed in 2022. The total value of the property was assessed at $89,800. Specifically, the land the property is located on was valued at $13,000. While improvements on the property were assessed at a total of $76,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,796. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 305
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 1,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,769
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ECHO ADDN
  • Land Acres: 0.152
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: ECHO ADDN LOT 55

Ownership

  • Current Owner : ZHOU YI
  • Previous Owner : BEARS EAT BEETS LLC
  • Owner Before Previous Owner: PIPKIN MATTHEW D
  • Owner Before Previous Owner 2: PIPKIN ASHLEY RACHELLE

Neighborhood

  • School District Name: Lafayette School Corporation
  • Census Tract: 000300

Geography

  • District: 0001
  • Parcel: 79-07-21-256-006.000-004
  • Lot: 55
  • Municipality: FAIRFIELD TOWNSHIP
  • Latitude: 40.4255
  • Longitude: -86.8748

    Address

  • Full Address: 1933 Salem St
  • Address - House Number: 1933
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: IN
  • City Name: Lafayette
  • Carrier Code: C025
  • 4-Digit Zip Code: 2229
  • Zip Code: 47904

Valuation

    Tax

  • Total Area: 2,074
  • Tax Year: 2022
  • Tax Amount: $1,796
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 164,181
  • High Value: 204,273
  • Low Value: 124,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $93,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $89,800
  • Market Land Value: $13,000
  • Market Improvement Value: $76,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,800
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $76,800

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Transaction ID: 11876095804
  • Current Sale Price: $117,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30206
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 25, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 30, 2021
  • First Mortgage Loan Amount: $93,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

Unit for rent at 475 South Street, Lafayette, IN, 47901

$2,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,023 ft²
475 South Street #475 South Street - 221, Lafayette, IN, 47901 Listing by Manager

Frequently Asked Questions

What neighborhood is 1933 Salem Street located in?
The 1933 Salem Street is a multifamily located in the neighborhood of Fairfield in Lafayette, Lafayette.
What is the average sales price for listings in 1933 Salem Street?
The average sales price for units in 1933 Salem Street is $0 currently.

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