NOT LISTED FOR SALE

Estimated Value: $107,000 - $166,760

6 Beds
4 Baths
3,463 Sq Ft
$38/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $94,000 $27 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $905/month

134 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2023

Looking for a house-hack or the next long-term investment? This charming 3-unit property comes with a 2,599 sq.ft. duplex in the front of the property and a 864 sq.ft. single family bonus house in back. 1023 (lower level) offers a spacious LR, eat-in kitchen with appliances and washer & dryer with beautiful hardwood flooring, built-ins, and unfinished basement. Included in this apartment are 2 bedrooms and 2 full baths. The 1025 upper level offers 2 Bedrooms and 1 full bath, kitchen appliances, laundry hookups, and an unfinished storage room off of the kitchen. The front duplex features a fenced backyard and off street parking. Unit 3 faces Grove St with 2 Bedrooms, 1 Bath and Kitchen with most appliances. The front duplex apartments are rented for $575/m and $600/m. The Grove street single family is currently vacant with the opportunity for a house hack or re-lease. New sewer line for the front home was just installed. Seller as-is.

Last Agent to Sell the Property

Jonah Hartsburg

Hoosier Hub Realty LLC Listed on: 11/12/2022

Last Buyer's Agent

Jonah Hartsburg

Hoosier Hub Realty LLC Listed on: 11/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, fuel, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 27-07-06-302-125.000-002

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $900
  • Fuel Expense $90
  • Insurance Expense $2,220
  • Maintenance Expense $4,320
  • Trash Expense $360
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1949
  • Age: 74
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-11-2572 PT W SW SEC 6 .01 A LOT 1 FORBES & CATON ADD MP 0706-302-125.000
  • Parcel Number ID: 27-07-06-302-125.000-002
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 96.91
  • Monthly Gross Income: 1435
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4544
  • Total Finished Sq Ft: 3463
  • Above Grade Finished Sq Ft: 3463
  • Below Grade Sq Ft: 1081
  • Price Per Sq Ft: 27.14
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1081
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Fuel Expense: 90
  • Annual Insurance Expense: 2220
  • Annual Maintenance Expense: 4320
  • Annual Trash Expense: 360
  • Annual Water Sewer Expense: 840
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 100800
  • Annual Property Tax: 2016

Multi Family

  • Gross Monthly Rent: 1435
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Sg Capital Llc
Bought by
Boden Properties Llc
Current Estimated Value
$132,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$108,266
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$21,662

Purchase Details

Listed on
Nov 12, 2022
Closed on
Apr 4, 2023
Sold by
Abuelazaem Manal Mohamed
Bought by
Sg Capital Corporation
Seller's Agent
Jonah Hartsburg
Hoosier Hub Realty LLC
Buyer's Agent
Jonah Hartsburg
Hoosier Hub Realty LLC
List Price
$106,000
Sold Price
$94,000
Premium/Discount to List
-$12,000
-11.32%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$94,250
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2021
Sold by
Havens Jerry D and Havens Vicki L
Bought by
Abuelazaem Manal M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Boden Properties Llc $120,000 None Listed On Document
Sg Capital Corporation $94,000 None Listed On Document
Abuelazaem Manal M $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boden Properties Llc $110,000
Previous Owner Sg Capital Corporation $94,250
Previous Owner Havens Jerry D $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $94,000 -3.1% $27 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $97,000 -8.5% $28 / Sq Ft
11/12/2022 11/12/22 For Sale $106,000 -- $31 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $2,214 $110,700 $7,800 $102,900
2023 $2,062 $103,100 $7,800 $95,300
2022 $1,990 $99,500 $7,600 $91,900
2021 $2,016 $100,800 $7,600 $93,200
2020 $1,930 $96,500 $7,600 $88,900
2019 $1,940 $97,000 $7,600 $89,400
2018 $1,246 $94,700 $7,600 $87,100
2017 $1,224 $93,400 $7,600 $85,800
2016 $1,209 $93,400 $7,600 $85,800
2014 $1,212 $93,700 $7,600 $86,100
2013 $1,212 $93,800 $7,600 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202246616

Indiana Regional MLS

APN: 27-07-06-302-125.000-002