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(SOLD) $300,000

1509 Cason Street Lafayette, IN  47904

  • 5 Beds
  • 5 Baths
  • 3,428 sq. Ft
Property Description
*Property is Back on Market due to no fault of the seller or the home itself.* Much of the beautiful original interior craftsmanship remains unmodified in our unique and stately Downtown Lafayette home. Built in 1879 by the Perrin family, this home has been carefully maintained through the years after being converted to multifamily property. Currently four units are rented and a fifth unit on the lower level waits for your finishing touches to add further annual income yield. Main floor unit is perfect for an owner/occupant at 1800 sf and features 4 original fireplace mantles and facades while you rent the three upper units. Off street parking is available on the double wide driveway that leads to a 2 car detached garage. Backyard features a 6 foot wood privacy fence with 2 access points from the main floor unit. Recent roof replacement and new boiler installed late 2022. THIS PROPERTY REQUIERS A COMMERCIAL LOAN FOR MORTGAGE PURCHASE.
Address:1509 Cason Street Lafayette IN 47904
Status:Sold
Sold On: 7/11/2023
Price:$300,000
Bedrooms:5 Beds
Bathrooms:5 Full Baths
Sq. Feet:3,428
Year Built:1879
Lot Size:0.40
County: Tippecanoe County
Township: Fairfield
School System : Lafayette
MLS #:202305773
Property Type:Fiveplex
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:192 x 93
Directions:East on Ferry from Downtown, L on Tinkler, R on Cason, home is on the Right
Total Sq. Ft. :3,428
Basement:Yes
Loan Price
$1,820
Price And Interest $1,565/month
Property Tax $130/month
MTG INS $0/month
HOME INS $125/month
Price
$300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$130/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
RoomSizeLevel
3rd Bedroom null x 1 Info Not Available
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 4 x 4 Info Not Available
Family Room 675 x 650 Info Not Available
Semi-Annual Property Tax:$783
Tax Year:2022
Mandatory HOA Fee:$
Subdivision: Perrins
Zip Code:47904
School System:Lafayette
High School:Jefferson
Middle School:Sunnyside/Tecumseh
Elementary School:Murdock
Total Sq. Ft.:3,428
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Billy Brand with Coldwell Banker Shook

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.