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(SOLD) $82,500

511 Romig Street Lafayette, IN  47901

  • 3 Beds
  • 1 Baths
  • 1,670 sq. Ft

Property Description for 511 Romig Street Lafayette, IN 47901

Great investment opportunity. This historic home is vacant and ready to be an income producing or primary residence. Located near all the downtown amenities, this one and a half story, 1670 square foot home is looking for new owners. Featuring 3 large bedrooms, 1 bathroom, split floor plan, spacious rooms, and solid exterior masonry. Make it yours!

Address:511 Romig Street Lafayette IN 47901
Status:Sold
Sold On: 7/24/2024
Price:$99,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,670
Year Built:1890
Lot Size:0.07
County: Tippecanoe County
Township: Fairfield
School System : Lafayette
MLS #:202425041
Property Type:Site-Built Home

Lot Dimensions:31X102
Lot Description:Level
Directions:South on S 5th; Right on Romig. House on Left.
Total Sq. Ft. :1,670
Basement:No

Loan Price
$548
Price And Interest $430/month
Property Tax $84/month
MTG INS $0/month
HOME INS $34/month
Price
$82,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$84/month
Home Owner Insurance
$408 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 8 Main
2nd Bedroom 16 x 14 Upper
3rd Bedroom 10 x 14 Upper
Kitchen 14 x 14 Main
Dining Room 14 x 12 Main
Living Room 16 x 14 Main

Semi-Annual Property Tax:$503
Tax Year:2024
Mandatory HOA Fee:$

City:Lafayette
Subdivision: None
Zip Code:47901

School System:Lafayette
High School:Jefferson
Middle School:Sunnyside/Tecumseh
Elementary School:Thomas Miller

Total Sq. Ft.:1,670
Exterior Features:Masonry
Fuel:Forced Air
Cool:Other
Heat:Forced Air
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Cody Miller with Redlow Group

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.





Lafayette Market Report

149
Avg. DOM
$162.1
Avg. $ / Sq.Ft.
$ 347,450
Med. List Price

The house prices in Lafayette are indeed dropping at the moment. There has been a decrease in price of $33,393.38. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lafayette are going Down. The average house price is $345,000.00 and the average price per square feet is $161.06 per square feet. At the moment, the amount of homes listed is exactly 973 houses, with 163 with active status, 90 with pending status and 720 sold in Lafayette .

The most popular place to buy a home in Lafayette is 7907 - Tippecanoe - Fairfield. 7907 - Tippecanoe - Fairfield is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lafayette .

The average amount of property taxes you would have to pay for a home in Lafayette is $2,085.43. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lafayette are staying listed for an average of 51 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lafayette was 948 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Lafayette is $899,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lafayette is $98,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lafayette in year 1863 and the newest built house is in year 2024.

The average size of properties in Lafayette is 2259.14 sq.ft. , the biggest one being 5955 sq.ft. and the smaller being 752 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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