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905 Salem Pl

Lafayette, IN 47904

3 bd 3 ba 2,664 sqft Built 1991 Lot 1,444 sqft condos
Most recent sale
$365,625
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $365,625 Public Record
Jun 17, 2022 Sold $325,000 IRMLS
Apr 21, 2022 Listed $325,000 MLS #202214042

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $230,100 $27,800 $257,900 $2,579
2022 $170,300 $27,800 $198,100 $1,981
2021 $155,900 $27,800 $183,700 $1,837
2020 $142,700 $27,800 $170,500 $1,705
2019 $137,900 $32,000 $169,900 $1,699
2018 $131,900 $32,000 $163,900 $1,639
2017 $131,400 $32,000 $163,400 $1,608
2016 $127,000 $32,000 $159,000 $1,634
2015 $120,800 $32,000 $152,800 $1,485
2014 $120,800 $32,000 $152,800 $1,470
2013 $115,900 $32,000 $147,900 $1,608
2012 $121,900 $32,000 $153,900 $1,498
2011 $128,500 $32,000 $160,500 $1,605
2010 $129,600 $32,000 $161,600 $1,298
2009 $118,900 $32,000 $150,900 $1,344
2007 $123,500 $32,000 $155,500 $1,686

Property facts

Year built
1991
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
2,664 sqft
Lot size
1,444 sqft
ZIP code
47904
City
Lafayette
Street
Salem Pl
Coordinates
40.42604, -86.86717

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,996
Gross rental yield
13.12%
Implied cap rate
8.52%
Trend-extrapolated value

Frequently asked questions

When did 905 Salem Pl last sell?
905 Salem Pl most recently sold on Jun 22, 2022 for $365,625.
What is the current tax assessment for 905 Salem Pl?
The most recent total assessment for 905 Salem Pl (year 2024) is $257,900 with $2,579 in property tax.
How does 905 Salem Pl's assessment compare to its last sale price?
The current assessment is 29.5% below the last sale price of $365,625.
When was 905 Salem Pl built?
905 Salem Pl was built in 1991.
How does 905 Salem Pl compare to others on Salem Pl?
We track 3 other properties on Salem Pl. Browse the list under "Other properties on Salem Pl" to compare beds, baths, and sale history.
What are the property facts for 905 Salem Pl?
905 Salem Pl is a 3 bed, 3 bath, 2,664 sqft, 1,444 sqft lot condos.
Is 905 Salem Pl a flip candidate?
No — 905 Salem Pl does not appear in our flips dataset.
Is 905 Salem Pl a tax-appeal candidate?
No — 905 Salem Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.2%
2026 Q3
$228.7K
2026 Q4
$233.6K
ZIP 47904 — Median Price History + Forecast

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