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1524 Virginia St, Lafayette, IN, 47905

2beds
1baths
940sqft
$138,000
$147price/sqft
$1,115/moest. monthly cost
$44,600/yrincome needed

About This Home

*Seller financing available* Prime city investment opportunity! This property is located in a convenient in-town location with easy access to shopping, dining, schools, and public transportation. Offering strong potential for rental income or future appreciation, this home could be great for anyone looking to customize the home of their dreams! Or investors looking to add to their portfolio. The layout provides functional living space with room for updates or value-add improvements. Whether you’re looking for a long-term rental, fix-and-hold, or flip opportunity, this property offers great potential.

Getting Around

68
WalkingSomewhat Walkable
36
TransitSome Transit
69
BikeBikeable

Schools

3/10
3/10
Jefferson High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1928

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 940

Heating & Cooling

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

Interior Area

  • Total structure area: 1,358
  • Total interior livable area: 940 sqft

Property

Details

  • Parcel number: 790728327011.000004

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft
  • Features: Level,0-2.9999
  • Lot size dimensions: 50X138

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 WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hail
Heat Wave
Strong Wind
Tornado

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 $697$8,364
Home Insurance *$72$864
Property Taxes $162$1,944
Electricity $184$2,212
Total$1,115$13,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,228/yr
40% on housing$33,450/yr
45% on housing$29,733/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

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 47905$144
Tippecanoe County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 47905$170
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
2026-01-26Listed for sale$145,000
2015-02-26Sold$31,000

For Sale by Agent

AgentJarred D Moen
BrokerageeXp Realty, LLC

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