$185,000

1118 S 2nd St Lafayette, IN 47905

$2,197
Closing credit¹
0.1 acres
Multi-Family

Property details

About 1118 S 2nd St

This duplex investment property offers a fantastic opportunity with both sides currently rented, unit 1 with a long-term tenant. Unit 1 offers 2 beds/1 bath, a spacious living room, separate dining area, a covered porch in addition to the front porch and a large, fenced yard. Unit 2 which was remodeled in 2023, offers 1 bed/1 bath, roomy living room and a private entrance with off road parking. There is a garage and carport on the property as well. With its location close to downtown, this investment provides both convenience and accessibilty for current or future tenants. In 2023, this unit received new flooring, new paint, baseboard heating in addition to all new appliances. Owner only pays water and sewer in the utility category. New Gutters and new siding on back unit were also added in.

Highlights

Home typeDuplex
StatusSale Pending
(Pending)
BasementYes
Lot size0.13 Acres
Year built1935
MLS #22043124

Summary

  • Basement: Yes
  • List Price: $185,000
  • Annual Tax Amount: $940
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1935
  • Lot Size: 0.13 Acres
  • MLS Number: 22043124
  • MLS Name: MIBOR
  • Office Name: Keller Williams Indy Metro NE
  • Office Email: lisarobinsonrealtor1@gmail.com
  • Listing Agent: Lisa Robinson

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 6/20/2025, 10:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1118 S 2nd St, Lafayette, IN 47905 - view of front of house featuring a chimney, covered porch, and a shingled roof

$185,000

1118 S 2nd St

$2,197

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 08, 2023
Home Sold
$153,000
Aug 01, 2023
Home Sold
$83,000

Tax history

YearAssessmentProperty Tax
2023$76,100$940
2022$72,800$1,458
2021$68,700$1,377
2019$68,700$1,377
2018$66,700$1,337
2017$64,900$1,301

History based on county public records data.

Nearby schools

5

Thomas Miller Elementary School

Public District KG-4

0.2 mi

700 S 4th St

4

Oakland Elementary School

Public District KG-4

1.3 mi

611 S 21st St

7

Murdock Elementary School

Public District KG-4

1.5 mi

2100 Cason St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,913. Most Lafayette, IN residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

61%
<35k
33%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
22%
Single, with Kids
14%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Lafayette, IN

Lafayette's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also conscious of walkability, with certain areas designed to be pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are a part of the city's transportation landscape, complementing the existing mobility options.

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic preferences. Lafayette is home to several healthcare facilities, offering residents access to primary care, emergency services, and specialized medical treatments. The city's public library system provides educational and cultural resources to the community. Retail and dining options are plentiful, with local businesses and restaurants reflecting the diverse tastes and culture of the residents. City initiatives are in place to continually improve and adapt services to meet the evolving needs of the community.

Lafayette is celebrated for its vibrant community spirit and rich historical heritage. The city prides itself on its blend of urban amenities and small-town charm, offering residents a comfortable and engaging living environment. Annual events, such as the Taste of Tippecanoe, showcase the city's cultural diversity and foster a sense of community. The area's parks and recreational facilities contribute to the overall family-friendly atmosphere, making it an appealing place for a variety of residents.

Lafayette's housing market offers a diverse array of options, with single-family homes being a significant presence. The architectural styles in the area range from historic Victorian homes to contemporary ranch-style houses. The market is balanced with a mix of older homes that exude character and newer constructions that provide modern amenities. While the majority of the housing stock consists of single-family residences, there is also a selection of apartments and townhouses that cater to different lifestyle needs. The homeownership rate in Lafayette is robust, reflecting a community invested in property ownership and stability.

About 1118 S 2nd St

The listing price of 1118 S 2nd St property is $185,000.

The property 1118 S 2nd St is a multi located in Lafayette, Indiana, 47905.

Sale Pending: 1118 S 2nd St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 1118 S 2nd St are: Thomas Miller Elementary School (GreatSchools Rating 5/10), Oakland Elementary School (GreatSchools Rating 4/10), Murdock Elementary School (GreatSchools Rating 7/10), Lafayette Tecumseh Jr High School (GreatSchools Rating 5/10), Lafayette Sunnyside Intermediate School (GreatSchools Rating 4/10), West Lafayette Intermediate School (GreatSchools Rating 7/10), Jefferson High School (GreatSchools Rating 3/10), Excel Center - Lafayette (GreatSchools Rating 1/10), West Lafayette Jr/Sr High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $940 (source: MLS/based on county public records data).

The last sale was on December 8, 2023 for $153,000 (source: MLS/tax record).

The year of construction for 1118 S 2nd St is 1935.

This home is located at 1118 S 2nd St in Lafayette, IN and zip code 47905. Features: 0 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $185,000.

Lafayette, IN housing market in May 2025 saw over 48 listings sold above listed price, more than 26 sold at listed price and over 43 sold below. The inventory of homes for sale in Lafayette, IN between April and May 2025 increased by 20.8%. While the average time on the market in May 2025 was 8 days, the median list price was $265,288.

From Rocket Homes Real Estate and based on county public records data.

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