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1621 N 16th St, Lafayette, IN, 47904

2beds
1baths
912sqft
$159,000
$174price/sqft
$1,152/moest. monthly cost
$46,080/yrincome needed

About This Home

Welcome home to 1621 S. 16th Street! This charming and thoughtfully updated 2-bedroom, 1-bath home offers the perfect blend of comfort, convenience, and value in an established Lafayette neighborhood just minutes from downtown shopping, local dining, neighborhood parks, and easy access to Sagamore Parkway. Step inside to discover a bright, open living room with updated vinyl flooring, recessed lighting, and a fresh neutral palette that creates a warm and inviting atmosphere. The spacious kitchen features abundant cabinetry and countertop space, a stylish subway tile backsplash, updated lighting, and comes complete with a full suite of appliances—including the refrigerator, gas range, dishwasher, and more—making it truly move-in ready. The main level offers a bedroom along with an updated full bath featuring a modern vanity and tub/shower surround. Upstairs, you'll find a spacious second bedroom with cozy carpeting, ample storage, and the convenience of an upstairs laundry area. Best of all, the washer and dryer are included, making everyday living even easier. Major updates provide additional peace of mind, including a new roof and all new plumbing completed in 2025. Outside, the mature tree-lined lot offers space to relax, entertain, or garden, while the large storage shed provides excellent room for tools, lawn equipment, bicycles, and seasonal storage. The property also features a garage parking pad already in place and ready for the future installation of a two-car garage, offering an excellent opportunity to add value and additional covered parking. The welcoming covered front porch is the perfect spot to enjoy your morning coffee or unwind at the end of the day. Whether you're a first-time buyer, looking to downsize, or searching for a great investment opportunity, this move-in ready home delivers exceptional value in a convenient location. Enjoy quick access to downtown Lafayette's shops, restaurants, entertainment, and parks while appreciating the comfort of a home that's been updated where it counts. Come see why 1621 S. 16th Street is the perfect place to call home!

Getting Around

62
WalkingSomewhat Walkable
36
TransitSome Transit
63
BikeBikeable

Schools

7/10
Vinton Elementary SchoolGrades K-41.0 mi
3/10
Jefferson High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Slab
  • Roof: Dimensional Shingles
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Exhaust Fan,Gas Range,Gas Water Heater

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 48

Features

  • Ceiling Fan(s),Split Br Floor Plan,Tub/Shower Combination
  • Door features: Six Panel Doors
  • Flooring: Carpet,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 912

Heating & Cooling

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

Interior Area

  • Total structure area: 912
  • Total interior livable area: 912 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 790716376014.000004

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch Covered
  • Fencing: None

Lot

  • Lot size: 4,791 sqft
  • Features: Level,City/Town/Suburb

Parking

  • Parking features: Gravel
  • Has uncovered spaces: Yes

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 $803$9,636
Home Insurance *$106$1,272
Property Taxes $59$708
Electricity $184$2,212
Total$1,152$13,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,497/yr
40% on housing$34,560/yr
45% on housing$30,720/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

$174This 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)

Price History

DateEventPrice
2026-07-10Listed for sale$159,000
2019-06-14Sold$68,000
2019-05-02Listed for sale$64,900

For Sale by Agent

AgentEric Seymour
BrokerageBerkshireHathaway HS IN Realty

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