1015-1017 Ferry Street

Lafayette, IN 47901

$350,000
Price
4
Beds
4
Baths
2,857 Sq. Ft.
$123 / Sq. Ft.
2,857
Sq. Ft.
$123
per Sq. Ft.

Description

The Marquis Group of KW Commercial Lafayette is pleased to present this fully rented fourplex located near downtown Lafayette. Recent improvements include a new roof and gutters.The Marquis Group of KW Commercial Lafayette is pleased to present this fully rented fourplex located near downtown Lafayette. Recent improvements include a new roof and gutters.
  1. Listed by Nathaniel Gustus • Keller Williams Commercial

Property Details for 1015-1017 Ferry Street

Style
Two Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 12/17/2024 11:13 PM

Property Details for 1015-1017 Ferry Street

StatusActive
MLS #202447433
Days on Market4
Taxes$2,850 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1920
Lot Size0.15 AC / 6,534 SF
CountyTippecanoe County

Building Information for 1015-1017 Ferry Street

Stories2Residences4Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 1015-1017 Ferry Street

Summary
Location and General Information
  • Area: Tippecanoe County
  • City: Lafayette
  • Zip Code: 47901
  • State: IN
  • Township: Fairfield
  • Cross Street: 11th
  • Geo Latitude: 40
  • Geo Longitude: -87
  • Fips Code: 18157
  • Directions To Property: Ferry to to home on corner of Ferry and 11th Street.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023
  • Parcel Number Id: 79-07-21-359-008.000-004
School Information
  • School District: Lafayette
  • Elementary: Murdock
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson
Parking
  • Number Of Parking Spaces: 4
  • Parking: Gravel
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 50x126
  • Below Grade Unfin Sqft: 861.0
  • Total Square Feet: 3718.0
  • Approx Lot Size Sqft: 6534.0
  • Above Grade Finished Sqft: 2857.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 861.0
  • Total Finished Sqft: 2857.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1920
  • Age: 104
  • Documents Available: Rent Roll
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: Duke Energy Indiana
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Number Water Meters: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Wall AC
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Units: 4
  • RI/MF Occup Permit: No
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $268.00
  • Annual Gross Rent $: $46,320
  • Annual Insurance Expense: $2,118
  • Annual Maint. Expense: $4,500
  • Annual Misc: $4,257
  • Annual Net Income: $31,127
  • Annual Property Tax: $2,850
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,200
  • Gross Monthly Income: $3,860
  • Gross Monthly Rent: $3,860
  • ROI: $9
Unit Information
Unit 1
  • Unit 1 SqFt: 800
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Closet
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1015
  • Unit 1-Unit Rent $: $1,170
Unit 2
  • Unit 2 SqFt: 800
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Closet
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 1017
  • Unit 2-Unit Rent $: $1,015
Unit 3
  • Unit 3 SqFt: 500
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Gas: Tenant
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 1015
  • Unit 3-Unit Rent $: $805
Unit 4
  • Unit 4 SqFt: 500
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 3
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Tenant
  • Unit 4-Garage Type: None
  • Unit 4-Garage: No
  • Unit 4-Gas: Tenant
  • Unit 4-Laundry Room: None
  • Unit 4-Level: Upper
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 1017
  • Unit 4-Unit Rent $: $870
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Property History for 1015-1017 Ferry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1015-1017 Ferry Street

This home is within Lafayette School Corporation.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Murdock Elementary School
PublicK to 4

Lafayette Sunnyside Middle School
Public5 to 6

Lafayette Tecumseh Jr High School
Public7 to 8

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1015-1017 Ferry Street is a multi-family home for sale in Lafayette, IN 47901. This property was listed for sale on December 17, 2024 by Keller Williams Commercial, it's currently listed at $350,000. This listing's school district is Lafayette School Corporation. Nearby schools include Murdock Elementary School, Lafayette Sunnyside Middle School and Lafayette Tecumseh Jr High School. 1015-1017 Ferry Street is a 4-bed, 4-bath, 2,857 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Commercial

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.