$175,000
SOLD OCT 17, 2025
5 Beds
2 Baths
3,248 Sq Ft
15 Acres

Recently Sold

$54 Per Sq Ft

19% Below List Price

92 Days on Market

Highlights

  • 15 Acre Lot
  • Crown Molding
  • Ceiling Fan
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of October 2025

Have you ever dreamed of living on the tree lined street of Spencer Ave in one of the beautiful old Victorian Homes? Here is your opportunity! This home has updated with new windows, siding, breaker boxes, subpanel in the attic, GFCI breakers, new bedroom on the 2nd floor, new pitched roof on the garage, landscaping, lifetime warranty on garage walls. Live in one unit and let the other make your payment! Excellent location with income producing potential! This home is move in ready and is awaiting its new owners. If you are looking for your next investment opportunity this is the one! Both units have own HVAC units and water heaters. Each unit has their own water, sewer, electric and gas meters. Garage entrance is located on upstairs unit. Full floored attic could be finished for additional living space. SEE ATTACHED FOR LIST OF IMPROVEMENTS

Last Agent to Sell the Property

Cyndi Reneau

Moving Real Estate Brokerage Email: creneau25@hotmail.com Listed on: 07/09/2025

Last Buyer's Agent

Nicholas Hindes

Peter Khosla, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1900

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 66x92
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Vinyl Flooring
  • Partially Finished Basement
  • Crawl Space
  • Walkup Attic
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Riverview/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for lawn maintenance, tax
  • Assessor Parcel Number 27-07-06-203-059.000-002

Community Details

Overview

  • 2 Units
  • Spencer Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,924

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-09-2127 LOT 182 EX 40' S/END R J SPENCERS 3RD ADD
  • Parcel Number ID: 27-07-06-203-059.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Attic-Walk-up, Cable Available, Cable Ready, Countertops-Laminate, Crown Molding, Garage Door Opener, Water Heater Electric, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 3248
  • Total Finished Sq Ft: 3248
  • Above Grade Finished Sq Ft: 3248
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Mixed, Vinyl
  • Main Level Sq Ft: 1382
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Annual Trash Expense: 300
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Riverview/Justice

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66x92
  • Estimated Lot Sq Ft: 653400
  • Estimated Lot Size Acres: 15

Rental Info

  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 1924

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Marion
  • Middle School: McCulloch/Justice
  • School District: Marion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Oct 17, 2025
Sold by
Powell Austen J
Bought by
Boudra Levi and Boudra Gabriella
Seller's Agent
Cyndi Reneau
Moving Real Estate
Buyer's Agent
Nicholas Hindes
Peter Khosla, Inc
List Price
$214,900
Sold Price
$175,000
Premium/Discount to List
-$39,900
-18.57%
Views
84
Current Estimated Value
$190,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,785
Avg. Annual Appreciation
33.36%
Original Mortgage
$145,000
Outstanding Balance
$145,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$45,785

Purchase Details

Listed on
Aug 26, 2020
Closed on
Mar 9, 2021
Sold by
Finch Real Estate Dev Llc
Bought by
Powell Austen J
Seller's Agent
Sally Jenks
RE/MAX Realty One
Buyer's Agent
Cyndi Reneau
Moving Real Estate
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$79,920
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Previous Owner $79,920 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Sold $175,000 0.0% $54 / Sq Ft
10/09/2025 10/09/25 Off Market $175,000 -- --
10/09/2025 10/09/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $208,000 -3.2% $64 / Sq Ft
07/09/2025 07/09/25 For Sale $214,900 +115.1% $66 / Sq Ft
03/09/2021 03/09/21 Sold $99,900 0.0% $31 / Sq Ft View Prior Sale
08/26/2020 08/26/20 For Sale $99,900 -- $31 / Sq Ft
Source: Indiana Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,924 $146,300 $14,700 $131,600
2023 $1,474 $122,700 $14,700 $108,000
2022 $1,283 $104,200 $13,900 $90,300
2021 $1,289 $103,100 $13,900 $89,200
2020 $590 $29,500 $13,900 $15,600
2019 $590 $29,500 $13,900 $15,600
2018 $590 $29,500 $13,900 $15,600
2017 $590 $29,500 $13,900 $15,600
2016 $590 $29,500 $13,900 $15,600
2014 $590 $29,500 $13,900 $15,600
2013 $590 $35,650 $13,900 $21,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202526996

Indiana Regional MLS

APN: 27-07-06-203-059.000-002