$130,000
SOLD JAN 21, 2025
4 Beds
2 Baths
2,150 Sq Ft
0.25 Acres

Recently Sold

$60 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • 0.25 Acre Lot
  • 2 Car Detached Garage
  • Level Lot
  • Covered patio or porch
  • Baseboard Heating
  • Community Storage Space

About This Home

As of January 2025

Newly renovated, investment property, conveniently located off of the bypass on 18. Both units to be occupied within the next 14 days. Unit 1 is the lower level, featuring 2 beds/1 bath. Spacious living room with fireplace and custom built-ins. Kitchen comes equipped with refrigerator, electric range, and dishwasher. All new vinyl plank flooring throughout and fresh paint in both units! Upstairs features a 2 bedroom/1 bath. Updated kitchen offers new cabinets, countertops, and sink. Both bathrooms completely updated. Enjoy the extra amenities with the 2 car detached garage for storage space and screened in patio. Attached is a more detailed list of all the renovations that were completed on the property.

Last Agent to Sell the Property

Alexis Johnson

Nicholson Realty 2.0 LLC Brokerage Phone: 765-618-6367 Listed on: 11/29/2024

Last Buyer's Agent

Suzie Mack

F.C. Tucker Realty Center

F.C. Tucker Realty Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83x132
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Partially Finished Basement
  • Crawl Space
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water
  • Assessor Parcel Number 27-06-01-401-159.000-008

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,100

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,624

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 124
  • Style: Two and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 15-02-436, 437, 438 LOTS 31, 32 & E 1/2 33 FOURTH ST ADD
  • Parcel Number ID: 27-06-01-401-159.000-008
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Storage, Countertops-Laminate, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Sp Lp Percent: 96.37
  • Monthly Gross Income: 1650
  • Year Taxes Payable: 2023 Payable 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2698
  • Total Finished Sq Ft: 2150
  • Above Grade Finished Sq Ft: 2150
  • Below Grade Sq Ft: 548
  • Price Per Sq Ft: 60.47
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 548
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Water Company: Marion Utilities
  • Annual Insurance Expense: 1500
  • Annual Water Sewer Expense: 1100
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

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: 83X132
  • Estimated Lot Sq Ft: 10955
  • Estimated Lot Size Acres: 0.2515

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 81200
  • Annual Property Tax: 1624

Multi Family

  • Gross Monthly Rent: 1650
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • 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

Listed on
Mar 18, 2024
Closed on
Apr 15, 2024
Sold by
3Rd Son Properties Llc
Bought by
Rando James and Rando Matthew
Seller's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
Buyer's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
List Price
$50,000
Sold Price
$50,000
Total Days on Market
21
Views
5
Current Estimated Value
$129,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,655
Avg. Annual Appreciation
125.41%

Purchase Details

Closed on
Mar 1, 2022
Sold by
Balsbaugh Michael L and Balsbaugh Marcia L
Bought by
3Rd Son Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.14%

Purchase Details

Closed on
Dec 21, 2005
Sold by
Swan Kenneth Dale and Swan Sarah Margaret
Bought by
Balsbaugh Michael and Balsbaugh Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $50,000 None Listed On Document
Warranty Deed $125,000 None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,000 No Value Available
Previous Owner $115,500 New Conventional
Previous Owner $624,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $130,000 -3.6% $60 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $134,900 +169.8% $63 / Sq Ft
04/15/2024 04/15/24 Sold $50,000 0.0% $23 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $50,000 -- $23 / 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 $1,668 $83,400 $8,700 $74,700
2023 $1,624 $81,200 $8,700 $72,500
2022 $1,556 $77,800 $8,700 $69,100
2021 $1,504 $75,200 $8,700 $66,500
2020 $1,506 $75,300 $8,700 $66,600
2019 $1,448 $72,400 $8,700 $63,700
2018 $1,344 $67,200 $7,800 $59,400
2017 $1,404 $70,200 $7,800 $62,400
2016 $1,592 $79,600 $10,800 $68,800
2014 $1,644 $82,200 $10,800 $71,400
2013 $1,644 $80,500 $10,800 $69,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202445818

Indiana Regional MLS

APN: 27-06-01-401-159.000-008