637 Park Ave, Lafayette, IN, 47904
About This Home
This two-unit rental property in Lafayette offers a solid investment opportunity. Each unit features 2 bedrooms and 1 full bath, with washer/dryer hookups in one unit. Tenants already in place through June 2027, at $1,050 per month per unit, providing immediate rental income. Schedule a showing today to explore the potential of this income-producing property.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1901
Materials
- Foundation: Basement
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Laminate Counters
- Flooring: Carpet,Vinyl Tile
- Finished area below ground: 0
- Finished area above ground: 1,471
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,149
- Total interior livable area: 1,471 sqft
Property
Details
- Parcel number: 790728279022.000004
- Zoning: R1
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,484 sqft
- Features: Corner Lot,0-2.9999
- Lot size dimensions: 45X80
Parking
- Total spaces: 2
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
- Winter Weather
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,238 | $14,856 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $246 | $2,952 |
| Electricity | $184 | $2,212 |
| Total | $1,832 | $21,984 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $259,900 |
| 2026-04-04 | Listing removed | $275,000 |
| 2025-12-20 | Listed for sale | $275,000 |
| 2023-11-27 | Sold | $206,000 |
| 2023-10-30 | Pending sale | $225,000 |
| 2023-10-20 | Listed for sale | $225,000 |
| 2023-04-04 | Sold | $137,500 |
| 2023-03-22 | Pending sale | $145,000 |
| 2023-03-17 | Price change | $145,000 |
| 2023-03-07 | Listed for sale | $165,000 |
| 2010-06-09 | Listing removed | $29,900 |
| 2010-05-20 | Listed for sale | $29,900 |
| 2010-04-13 | Sold | $49,125 |
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