NOT LISTED FOR SALE

126 Walnut St Unit 126 A,B Marion, IN 46987

Estimated Value: $129,000 - $172,000

4 Beds
2 Baths
1,536 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $83,000 $54 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $934/month

154 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Carpet
  • Laundry closet
  • Ceiling Fan
  • 1-Story Property

About This Home

As of September 2023

Looking for a bargain to add to your investment portfolio? Look no further! A wonderful, 2bed 1bath (each) duplex. Each unit offers a spacious, open floor plan and washer/dryer hookup. Don't miss out on this investment opportunity. Selling as-is. This duplex can be bought with the duplex located on the east side, 130 E Walnut. See combined listing MLS #202308751

Last Agent to Sell the Property

Kerri Mitchener

Howell Realty Group, LLC Listed on: 03/24/2023

Last Buyer's Agent

Kerri Mitchener

Howell Realty Group, LLC Listed on: 03/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1995

Lot Details

  • 7,504 Sq Ft Lot
  • Lot Dimensions are 67x112

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Converse/Sweetser/Swayzee Elementary School
  • Oak Hill Middle School
  • Oak Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Well
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for cooling, electric, tax
  • Assessor Parcel Number 27-06-05-202-036.000-009

Community Details

Overview

  • 2 Units
  • Willcut Subdivision

Building Details

  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$740

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1995
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 36' 6" W/SD EX 40' S END & E 1/2 E 1/2 LOTS 7 & 8 WILLCUTS ADD SWEETSER
  • Parcel Number ID: 27-06-05-202-036.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Countertops-Laminate, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • County Zoning: R3
  • Special Features: None

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet
  • Main Level Sq Ft: 1536
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Shared
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Converse/Sweetser/Swayzee

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 67x112
  • Estimated Lot Sq Ft: 7504
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Cooling, Electric, Tax

Tax Info

  • Annual Property Tax: 739.86

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2

MLS Schools

  • High School: Oak Hill
  • Middle School: Oak Hill
  • School District: Oak Hill United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Lyons Joshua
Bought by
Hite Liam P
Current Estimated Value
$146,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,627
Outstanding Balance
$127,729
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$18,527

Purchase Details

Listed on
Mar 24, 2023
Closed on
Sep 20, 2023
Sold by
Stone Preston Howard
Bought by
Lyons Joshua and Connors Gregory A
Seller's Agent
Kerri Mitchener
Howell Realty Group, LLC
Buyer's Agent
Kerri Mitchener
Howell Realty Group, LLC
List Price
$106,000
Sold Price
$83,000
Premium/Discount to List
-$23,000
-21.7%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%
Original Mortgage
$66,400
Interest Rate
6.34%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hite Liam P -- None Listed On Document
Hite Liam P $131,000 None Listed On Document
Lyons Joshua $83,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hite Liam P $128,627
Closed Hite Liam P $128,627
Previous Owner Lyons Joshua $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $83,000 -21.7% $54 / Sq Ft
03/24/2023 03/24/23 For Sale $106,000 -- $69 / 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 $1,943 $128,800 $8,800 $120,000
2023 $614 $40,300 $8,800 $31,500
2022 $735 $40,300 $8,800 $31,500
2021 $756 $40,300 $8,800 $31,500
2020 $711 $40,300 $8,800 $31,500
2019 $683 $40,300 $8,800 $31,500
2018 $667 $40,300 $8,800 $31,500
2017 $624 $40,300 $8,800 $31,500
2016 $603 $40,300 $8,800 $31,500
2014 $567 $40,300 $7,500 $32,800
2013 $567 $45,400 $7,500 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202326408

Indiana Regional MLS

APN: 27-06-05-202-036.000-009