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1201 Elizabeth Street

Lafayette, IN 47904

ActiveListed Nov 8, 2026 · 1 day on market

Key facts

Lot
0.09 acres
Year built
1915
Type
Residential Income · Duplex
Stories
Two
MLS #
22135611
County
Tippecanoe
Subdivision
No Subdivision

About this home

Investors and homeowners alike will appreciate the versatility of this fully renovated two-story property, situated on a corner lot just 2.5 miles from Purdue University! Whether you're looking to rent out both units or occupy one floor while generating rental income from the other, this property offers plenty of possibilities. The main-level unit features three bedrooms and two full-bathrooms. Upon entering, you'll find new flooring that flows throughout the living spaces. Just off the living room are two bedrooms, with a conveniently located full-bathroom nearby. The kitchen has been completely updated with new stainless steel appliances, cabinetry, and countertops. The spacious primary suite offers a separate exterior entrance off the carport, along with a private ensuite featuring a stand-up shower. The upper-level unit offers additional flexibility and can be utilized as either a 1-bedroom unit with a shared living space or a 2-bedroom unit. Both configurations include access to a remodeled kitchen and full-bathroom. The primary bedroom features an oversized walk-in closet, and shared laundry facilities are accessible to both units from the main floor. Major updates, all completed in 2023, include: mostly new plumbing and electrical, a new water heater, added mini-split system in the upper unit, some replacement windows, and a new roof over the laundry room. Don't miss your opportunity to own this versatile, income-producing property in a convenient location near Purdue University!

Description provided by the listing brokerage.

Interior

Laundry
Laundry RoomMain Level
Security
Smoke Detector(s)
Condition
Updated/Remodeled

Exterior

Roof
Shingle
Construction
Vinyl Siding
Style
Traditional
Parking and garage
CarportConcrete
Carport spaces
1
Fencing
Partial
Other equipment
Smoke Alarm

Systems

Heating
BaseboardForced Air
Cooling
Central AirWall Unit(s)

Lot and HOA

Lot features
Corner LotSidewalks

Schools

Elementary school
Murdock Elementary School
Middle school
Lafayette Tecumseh Jr High School
High school
Jefferson High School
School district
Lafayette School Corporation

Taxes

Estimated annual tax
$2,752 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice
Listed for sale$299,000

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 15, 2026

Estimate your monthly payment

$1,841per month, estimated
Principal and interest $1,507Property tax $229Insurance $105
20% · $59,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Address
1201 Elizabeth Street, Lafayette, IN 47904
County
Tippecanoe
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Listed at$299,000
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