NOT LISTED FOR SALE

Estimated Value: $81,000 - $123,000

4 Beds
2 Baths
1,792 Sq Ft
$58/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $52,000 $29 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $633/month

12 Days on Market

Highlights

  • 0.45 Acre Lot
  • Backs to Open Ground
  • Porch
  • Open Floorplan
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of May 2018

Exceptionally Nice Duplex on Quiet Street! Each Unit is 896 SF and features open concept living/dining/kitchen area. Each Unit has 2 Bedrooms & 1 Full Bath, All Kitchen Appliances Remain in Each Unit including washers & dryers. 1 Car Attached Garage on each side. Units are total electric (forced air heat & central air). Tenants pay own utilities electric/water/sewer/trash/cable. New Roof in 2015! Vinyl Exterior. Spacious Yard with expansion potential. Tenants are on month to month basis. Long time tenants (Unit A - 14 years & Unit B - 6 years). Great Opportunity Awaits!

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Listed on: 04/04/2018

RE/MAX Realty One

Last Buyer's Agent

Joe Schroder

RE/MAX Realty One Listed on: 04/04/2018

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $864

Year Built

  • Built in 1990

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 135x145
  • Backs to Open Ground
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 27-06-01-303-025.000-008

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$864

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1990
  • Age: 28
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 LOT 2 & LOTS 3 & 4 BARTELS ADD |
  • Parcel Number ID: 27-06-01-303-025.000-008
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Porch Open, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 80.12
  • Monthly Gross Income: 900
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1792
  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Price Per Sq Ft: 29.02
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

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: Corner, Level
  • Lot Dimensions: 135x145
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Electric, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 864

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
Apr 4, 2018
Closed on
May 1, 2018
Sold by
Edwards Terry L and Edwards Cynthia J
Bought by
Siobud Development Llc
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$64,900
Sold Price
$52,000
Premium/Discount to List
-$12,900
-19.88%
Total Days on Market
12
Current Estimated Value
$103,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,318
Avg. Annual Appreciation
8.93%
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 Buyer Sale Price Title Company
Siobud Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Terry L $47,600
Previous Owner Edwards Cynthia J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $52,000 -19.9% $29 / Sq Ft
04/04/2018 04/04/18 For Sale $64,900 -- $36 / 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 $1,014 $50,700 $15,100 $35,600
2023 $1,014 $50,700 $15,100 $35,600
2022 $1,014 $50,700 $13,700 $37,000
2021 $864 $43,200 $13,700 $29,500
2020 $864 $43,200 $13,200 $30,000
2019 $864 $43,200 $13,200 $30,000
2018 $864 $43,200 $13,700 $29,500
2017 $864 $43,200 $13,700 $29,500
2016 $864 $43,200 $13,700 $29,500
2014 $864 $43,200 $2,500 $40,700
2013 $864 $43,200 $2,500 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201812610

Indiana Regional MLS

APN: 27-06-01-303-025.000-008