$244,900

1421 S St Lafayette, IN 47901

$2,908
Closing credit¹
0.10 acres
Multi-Family

Property details

About 1421 S St

This updated 3-unit property at 1421 South Street in Lafayette is a fantastic investment opportunity, ideally located just minutes from downtown Lafayette and Purdue University. Each of the three units features 1 bed and 1 bath, with a total rental income of $2,300 per month. The property has been recently renovated with new siding, roof, windows, and gutters, ensuring long-term durability and low maintenance. Its close proximity to downtown’s shops, restaurants, and entertainment, along with easy access to Purdue University, makes it a highly desirable location for tenants. With steady rental income and a prime location, this property is an excellent addition to any real estate portfolio.

Highlights

Home typeTriplex
HeatingNatural Gas, Forced Air
StatusActive
CoolingWindow Unit(s)
Lot size0.096 Acres
Year built1910
MLS #202504180

Virtual tour

Summary

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)
  • List Price: $244,900
  • Annual Tax Amount: $2,010
  • Tax Year: 2023
  • Directions: East on south st from downtown, property on the right before 14th st.
  • Year Built: 1910
  • Stories: 2
  • Lot Size: 0.096 Acres
  • MLS Number: 202504180
  • Office Name: Trueblood Real Estate
  • Office Phone: (765) 426-3928
  • Listing Agent: Calvin Dykhuizen

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 9:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$244,900

1421 S St

$2,908

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 19, 2023
Home Sold
$189,000
Mar 18, 2022
Home Sold
$151,000

Tax history

YearAssessmentProperty Tax
2023$100,500$2,010
2022$96,600$1,932
2021$87,800$1,756
2019$87,800$1,756
2018$85,200$1,704
2017$82,900$1,658

History based on county public records data.

Nearby schools

7

Murdock Elementary School

Public District KG-4

0.4 mi

2100 Cason St

4

Oakland Elementary School

Public District KG-4

0.6 mi

611 S 21st St

5

Thomas Miller Elementary School

Public District KG-4

0.9 mi

700 S 4th 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 $28,485. Typical income of Lafayette, IN residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

65%
<35k
25%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
14%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
5%
12-17 yrs old
41%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • UFCUFC
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Forever 21Forever 21
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Burger KingBurger King
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • PontiacPontiac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
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 1421 S St

This home is located at 1421 S St in Lafayette, IN and zip code 47901. This home, which was built in 1910, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $244,900.

Lafayette, IN housing market in April 2025 saw over 44 listings sold above listed price, more than 24 sold at listed price and over 37 sold below. The inventory of homes for sale in Lafayette, IN between March and April 2025 increased by 21.3%. While the average time on the market in April 2025 was 31 days, the median list price was $265,000.

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

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