NOT LISTED FOR SALE

301 W Delphi Pike Marion, IN 46952

Estimated Value: $89,000 - $182,000

4 Beds
2 Baths
2,212 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $66,900 $30 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $829/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Built-in Bookshelves
  • Corner Lot
  • 2 Car Attached Garage
  • Shed

About This Home

As of July 2021

SWEETSER! Oak Hill Area! Great Investment Property! Currently Used as a 2 Unit Duplex but could just as easily be used as a single family home. Main Level features 2 Bedrooms, 1 Bath, Eat-in Kitchen, & Living Room. Upper Level features 2 Bedrooms, 1 Bath, Kitchen, & Spacious Living Room. Upper Level is accessed separately thru the 2 Car Attached Garage. Corner Lot Location. Appliances Remain. Main Level currently rents for $600 monthly, Upper Level currently rents for $135 weekly. Owner pays utilities presently.

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Listed on: 05/28/2021

RE/MAX Realty One

Last Buyer's Agent

Joe Schroder

RE/MAX Realty One Listed on: 05/28/2021

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $488

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 99x132
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,212 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • The owner pays for electric, heating, lawn maintenance, sewer, tax
  • Assessor Parcel Number 27-03-31-401-038.000-024

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$488

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 27-01-824 LOT 25 HAWKINS ADD.
  • Parcel Number ID: 27-03-31-401-038.000-024
  • Platted: Yes
  • Amenities: Built-In Bookcase, Countertops-Laminate, Detector-Smoke, Garage Door Opener, Porch Covered, Water Heater Electric, Water Softener-Owned, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 103.08
  • Monthly Gross Income: 1185
  • Special Features: None

Interior Features

  • Total Sq Ft: 2212
  • Total Finished Sq Ft: 2212
  • Above Grade Finished Sq Ft: 2212
  • Price Per Sq Ft: 30.24
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 60

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: Private, Well
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Cable Company: DirectTV, Dish Network
  • Well Type: Private
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Oak Hill United School Corp.
  • Elementary School: Converse/Sweetser/Swayzee
  • Middle School: Oak Hill
  • High School: Oak Hill

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 99x132
  • Estimated Lot Sq Ft: 11456
  • Estimated Lot Size Acres: 0.263

Rental Info

  • Lease Term: Week to Week, Month to Month
  • Owner Pays: Electric, Heating, Lawn Maintenance, Sewer, Tax

Multi Family

  • Gross Monthly Rent: 1185
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 488.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 12, 2021
Sold by
Tobias Ted A
Bought by
Cooper Rex A and Cooper Betty J
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$64,900
Sold Price
$66,900
Premium/Discount to List
$2,000
3.08%
Current Estimated Value
$135,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,069
Avg. Annual Appreciation
21.20%
Original Mortgage
$85,000
Outstanding Balance
$72,937
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$69,752

Purchase Details

Closed on
Feb 22, 2011
Sold by
Star Wealth Management
Bought by
Tobias Ted A and Tobias Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
5.04%
Mortgage Type
New Conventional
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
Cooper Rex A $66,900 None Available
Tobias Ted A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Rex A $85,000
Previous Owner Tobias Ted A $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $66,900 +3.1% $30 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $64,900 -- $29 / 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 $831 $118,600 $27,600 $91,000
2023 $960 $115,000 $27,600 $87,400
2022 $941 $96,300 $20,500 $75,800
2021 $93 $28,300 $20,500 $7,800
2020 $493 $28,300 $20,500 $7,800
2019 $474 $28,300 $20,500 $7,800
2018 $463 $28,300 $20,500 $7,800
2017 $438 $28,300 $20,500 $7,800
2016 $420 $28,300 $20,500 $7,800
2014 $427 $30,600 $22,800 $7,800
2013 $427 $39,400 $22,800 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202119731

Indiana Regional MLS

APN: 27-03-31-401-038.000-024