$190,000
SOLD OCT 31, 2025

1220 E Market St Logansport, IN 46947

9 Beds
5 Baths
4,563 Sq Ft
9,453 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Level Lot
  • Entrance Foyer
  • Hot Water Heating System

About This Home

As of October 2025

Excellent investment opportunity with this large 5 unit building. There are 4 2BR/1BA units and 1 efficiency bringing in $3850/mo (Apt A is currently vacant). It is heated with a double hot water gas boiler system. All but a couple windows are replacement windows. Seller has decided to retire from owning rentals.

Last Agent to Sell the Property

Star McClain

Rogers Auction & Real Estate Brokerage Phone: 574-721-2979 Listed on: 08/23/2025

Last Buyer's Agent

Fransisco Salazar

Maitlen Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1900

Lot Details

  • 9,453 Sq Ft Lot
  • Lot Dimensions are 55x165
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Landis Elementary School
  • Logansport Middle School
  • Logansport High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, heating, lawn maintenance, trash collection
  • Assessor Parcel Number 09-17-44-435-007.000-010

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • Electric Expense $4,341
  • Fuel Expense $5,040
  • Insurance Expense $1,293
  • Maintenance Expense $500
  • Trash Expense $1,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,548

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 9
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: ADMR 1ST MID 55 OL 6
  • Parcel Number ID: 09-17-44-435-007.000-010
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Foyer Entry
  • Special Features: None

Interior Features

  • Total Sq Ft: 5695
  • Total Finished Sq Ft: 4563
  • Above Grade Finished Sq Ft: 4563
  • Below Grade Sq Ft: 1132
  • Basement: Yes
  • Basement Foundation: Crawl, Outside Entrance Only, Unfinished
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 2299
  • Total Below Grade Sq Ft: 1132
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street, Street

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 4340.54
  • Annual Fuel Expense: 5040
  • Annual Insurance Expense: 1293
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 1980
  • Number Electric Meters: 6
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Landis

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 55X165
  • Estimated Lot Sq Ft: 9453
  • Estimated Lot Size Acres: 0.217

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Trash Collection

Tax Info

  • Annual Property Tax: 2548

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 4
  • Num Of Efficiencies: 1

MLS Schools

  • High School: Logansport
  • Middle School: Logansport
  • School District: Logansport Community School Corp.
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $190,000 +12.4% $42 / Sq Ft
09/01/2025 09/01/25 Pending -- -- --
08/23/2025 08/23/25 For Sale $169,000 +106.1% $37 / Sq Ft
10/30/2018 10/30/18 Sold $82,000 -13.7% $18 / Sq Ft View Prior Sale
10/25/2018 10/25/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $95,000 +46.2% $21 / Sq Ft
09/27/2018 09/27/18 Sold $65,000 0.0% $14 / Sq Ft View Prior Sale
09/25/2018 09/25/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $65,000 -- $14 / 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
2025 $2,548 $145,700 $10,500 $135,200
2024 $2,264 $127,400 $10,500 $116,900
2022 $2,072 $103,600 $10,500 $93,100
2021 $1,142 $57,100 $10,500 $46,600
2020 $1,142 $57,100 $10,500 $46,600
2019 $1,226 $61,300 $10,500 $50,800
2018 $1,176 $58,800 $10,500 $48,300
2017 $1,154 $57,700 $12,400 $45,300
2016 $1,058 $52,900 $12,400 $40,500
2014 $1,138 $56,900 $12,400 $44,500
2013 $1,138 $55,000 $12,400 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202533837

Indiana Regional MLS

APN: 09-17-44-435-007.000-010