2022 Elk
Lafayette, IN 47904
- 2 beds
- 2 baths
- – sqft
- 4,356 sqft lot
- – on site
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!
Last checked:
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Last updated Nov 2, 2024
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MLS# 202441835 —
The Building
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Year Built:1910
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New Construction:No
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Architecural Style:Traditional, Duplex
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Style:One Story
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Amenities:Cable Ready, Ceiling Fan(s), Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room
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Roof Material:Asphalt
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Exterior:Aluminum, Block
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Basement:Yes
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Basement/Foundation:Partial Basement
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Total SqFt:1324
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Total Below Grade SqFt:572
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Total Finished SqFt:752
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Main Level SqFt:752
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Above Grade Finished SqFt:752
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Below Grade Unfinished SqFt:572
Interior
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Flooring:Carpet, Tile, Vinyl
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Fireplace:None
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Kitchen Level:Main
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Living/Great Room Level:Main
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Dining Room Level:Main
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Fireplace:No
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Laundry Level:Basement
Room Dimensions
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Kitchen Length:12
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Kitchen Width:8
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Dining Rm Length:13
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Dining Room Width:14
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Living/Great Room Width:12
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Living/Great Room Length:15
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1st Bedroom Length:12
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1st Bedroom Width:12
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2nd Bedroom Length:12
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2nd Bedroom Width:12
Location
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Directions to Property:Corner of Elk and N 20th.
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Latitude:40.438961
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Longitude:-86.873452
The Property
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Parcel# ID:79-07-16-835-065.000-004
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Property Subtype:Site-Built Home
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Lot Dimensions:100x43
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Lot Description:Corner
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Approx Lot Size SqFt:4356
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Approx Lot Size Acres:0.1
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Zoning Description:Residential
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Fence:Partial, Chain Link, Wood
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Driveway:None
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Waterfront:No
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Water Features:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:1585
Beds
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Total # Bedrooms:2
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
Baths
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Total Baths:2
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Total Full Baths:2
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# of Full Baths Main:2
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202441835
Heating & Cooling
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Heating/Fuel:Gas, Baseboard, Forced Air
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Cooling:Central Air, Wall AC
Utilities
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Water Utility:City
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Sewer:City
Schools
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Elementary:Vinton
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Middle School:Sunnyside/Tecumseh
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High School:Jefferson
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School District:Lafayette
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:No
Monthly cost estimate
Asking price
$179,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$963
|
| Taxes | $363 |
| Insurance | $49 |
| Utilities | N/A |
| Total | $1,375/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/2/24
Nov 2, 2024
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Relisted | IRMLS | $179,900 | |
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10/31/24
Oct 31, 2024
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Pending | IRMLS | $179,900 | |
|
10/29/24
Oct 29, 2024
|
Listed / Active | IRMLS | $179,900 |
