NOT LISTED FOR SALE

103 S E St Unit 1,2,3 Marion, IN 46952

Martin Boots Neighborhood

Estimated Value: $68,000 - $116,000

4 Beds
3 Baths
1,342 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $76,000 $57 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $631/month

173 Days on Market

Highlights

  • Corner Lot
  • Covered Deck
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Bungalow
  • Ceiling Fan

About This Home

As of December 2021

Great income potential! This triplex has had many updates with the first unit including 2 bedrooms and 1 bath, the second unit is 1 bedroom 1 bath and a third unit is a studio. Each unit has its own a stove, refrigerator, microwave, and washer & dryer that remain. Both downstairs units are currently occupied, the studio is vacant at this time. Current lease agreements in place with great payment history! Let the rent pay your mortgage!

Last Listed By

Alexis Johnson

Nicholson Realty 2.0 LLC Listed on: 04/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42 x 132
  • Corner Lot

Home Design

  • Triplex
  • Bungalow
  • Flat Roof Shape
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,342 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Laundry in Bathroom

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • The owner pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 27-07-06-203-171.000-002

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,280
  • Fuel Expense $1,020
  • Insurance Expense $840
  • Maintenance Expense $600
  • Water Sewer Expense $1,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1935
  • Age: 86
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 16-09-2059.02 & 2060.02 42' N/END LOTS 122 & 123 R J SPENCERS 2ND ADD
  • Parcel Number ID: 27-07-06-203-171.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Deck Covered, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Water Heater Gas, Sump Pump
  • Sp Lp Percent: 91.68
  • Monthly Gross Income: 1600
  • Special Features: None

Interior Features

  • Total Sq Ft: 1342
  • Total Finished Sq Ft: 1342
  • Above Grade Finished Sq Ft: 1342
  • Price Per Sq Ft: 56.63
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 1
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Flat, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2280
  • Annual Fuel Expense: 1020
  • Annual Insurance Expense: 840
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 1218
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 42 x 132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Nov 30, 2021
Sold by
Schuler Richard S and Klopfenstein Dana M
Bought by
Martin Tony F
Seller's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
Buyer's Agent
Tempestt Sanders
JM Realty Associates, Inc.
List Price
$82,900
Sold Price
$76,000
Premium/Discount to List
-$6,900
-8.32%
Total Days on Market
173
Current Estimated Value
$90,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,969
Avg. Annual Appreciation
3.31%
Original Mortgage
$74,623
Outstanding Balance
$69,359
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$15,748

Purchase Details

Closed on
Apr 16, 2016
Sold by
Mcgreevy Kenneth Richard and Mcgreevy Patricia Ann
Bought by
Schuler Richard S and Klopfenstein Dana M

Range of Values:

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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
Martin Tony F $76,000 None Available
Schuler Richard S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Tony F $74,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $76,000 -8.3% $57 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $82,900 0.0% $62 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $82,900 -2.5% $62 / Sq Ft
06/17/2021 06/17/21 Price Changed $85,000 -2.9% $63 / Sq Ft
06/10/2021 06/10/21 For Sale $87,500 0.0% $65 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $87,500 -- $65 / 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 $1,462 $73,100 $5,000 $68,100
2023 $1,038 $68,100 $5,000 $63,100
2022 $1,033 $65,700 $4,800 $60,900
2021 $1,122 $56,100 $4,800 $51,300
2020 $1,074 $53,700 $4,800 $48,900
2019 $1,094 $54,700 $4,800 $49,900
2018 $1,068 $53,400 $4,800 $48,600
2017 $774 $38,700 $4,800 $33,900
2016 $774 $38,700 $4,800 $33,900
2014 $494 $38,700 $4,800 $33,900
2013 $494 $40,800 $4,800 $36,000
Source: Public Records

Agents Affiliated with this Home

  • Alexis Johnson

    Seller's Agent in 2021

    Alexis Johnson

    Nicholson Realty 2.0 LLC

    (765) 618-6367

    2 in this area

    178 Total Sales

    Alexis Johnson
    Section Image
  • Tempestt Sanders

    Buyer's Agent in 2021

    Tempestt Sanders

    JM Realty Associates, Inc.

    (260) 385-9400

    1 in this area

    62 Total Sales

    Tempestt Sanders
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202115043

Indiana Regional MLS

APN: 27-07-06-203-171.000-002

Indiana Grant County Marion 46952 Martin Boots

103 S E St Unit 1,2,3, Marion, IN

Homes for Sale in Marion, IN

This home is located at 103 S E St Unit 1,2,3, Marion, IN 46952 since 30 April 2021 and is currently estimated at $90,969, approximately $67 per square foot. This property was built in 1935. 103 S E St Unit 1,2,3 is a home located in Grant County with nearby schools including John W. Kendall Elementary School, Justice Thurgood Marshall Intermediate School, and John L. McCulloch Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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