Address
401/405/407 Lingle Avenue Lafayette, IN
Price
$ 425,000
Property Attributes
  • MLS#21789953
  • TypeCommercial
  • CountyTIPPECANOE
  • CityLafayette
  • AreaFairfield
  • NeighborhoodSUBDIVISION NOT AVAILABLE See Legal
  • Zip47901
  • StyleMulti-Level
  • Year Built1920
  • Taxes$ 3928
  • Price$ 425,000
  • Bedrooms13
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage4248
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Kent Brewer with Indiana Integrity REALTORS
Data Source:
Metropolitan Indianapolis MLS (MIBOR) - 116 - IN
Property Description

Properties include a total of 3 buildings(total of 5 units) and will not be sold separately: 1) 401 Lingle, Rent is $750 per month. This is a single family home with living room, dining room, 3 bedrooms and 1 full bath. 2) 405/407 Lingle 405 Rent is $625 per month, 407 Lingle Rent is $625 per month. This is a duplex with an upper and lower unit, both w/2 bedrooms 3) 623/625 Romig, 623 Rent is $725 per month, 625 Rent is $755 per month, This is a duplex both with 2-3 bedrooms and 2 baths. All units are currently rented. Tenants pay gas and electric. Tenant at 410 pays water. Properties are sold as is and no repairs will be made. See agent remarks

Price History
6/7/2021 Listed $425,000

General Features

Architectural Style Multi-Level
City Lafayette
Construction Materials Aluminum Siding, Wood
Contingency Act with no Contingency
County Tippecanoe
Days on Market 36
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.
Disclosures Not Applicable
Levels Three Or More
Net Operating Income 14126
New Construction No
Ownerpays Insurance, Taxes, Sewer, Water
Possession Close of Escrow
Property SubType 5+Units Commercial
Property Type Residential Income
Standard Status Active
Status Active
Street Name Lingle
Structure Type Duplex
Subdivision Name SUBDIVISION NOT AVAILABLE See Legal
Tax Year 2021
Tenant Pays Electricity, Gas, Insurance
Total Units 5
Township Fairfield
Year Built 1920

Interior Features

Street Suffix Avenue

Exterior Features

Lot Size Acres 0.5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 47901

Price
AVG $210K
$430K
Taxes
AVG $3,928
$3,928
Visits
AVG 26
23
Year Built
AVG 1914
1920
Walkscore
AVG 76
68
Data Provided by Walkscore ® not using MLS data