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2017 N 16th St, Lafayette, IN, 47904

5beds
3baths
2,624sqft
$178,000
$68price/sqft
$1,478/moest. monthly cost
$59,120/yrincome needed

About This Home

The main structure is a duplex featuring two spacious two-story units, each offering 2 bedrooms and 1 full bathroom. A detached garage adds even more value with a third unit above, complete with 1 bedroom and 1 bathroom. The property is fully occupied, with one unit going vacant next month, creating an opportunity for rent increases or owner occupancy. All utilities are separately metered and paid by tenants, maximizing efficiency and minimizing owner expenses.

Getting Around

57
WalkingSomewhat Walkable
35
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

7/10
Vinton Elementary SchoolGrades K-41.0 mi
3/10
Jefferson High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1901

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Part Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,624

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,408
  • Total interior livable area: 2,624 sqft

Property

Details

  • Parcel number: 790716331026.000004

Features

  • Stories: 2

Lot

  • Lot size: 7,405 sqft
  • Features: Other
  • Lot size dimensions: 45X160

Parking

  • Total spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $900$10,800
Home Insurance *$119$1,428
Property Taxes $219$2,628
Electricity $240$2,886
Total$1,478$17,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,674/yr
40% on housing$44,340/yr
45% on housing$39,413/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 47904$107
Tippecanoe County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 47904$145
Tippecanoe County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$178,000
2026-07-31Price change$178,000
2026-07-16Price change$198,000
2026-05-26Price change$215,000
2026-04-27Listed for sale$230,000
2023-05-17Listing removed--
2023-05-05Listed for rent$800
2022-01-19Listing removed--
2021-11-20Listed for rent$750

For Sale by Agent

AgentKatie Franklin
BrokerageCRM Properties, Inc

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