NOT LISTED FOR SALE

Estimated Value: $58,000 - $72,000

4 Beds
3 Baths
2,400 Sq Ft
$28/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $60,000 $25 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $407/month

18 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Partially Carpeted

About This Home

As of June 2025

A great triplex to kick start your investment journey or add to your current portfolio. Units 1 & 2 are down stairs renting for $500 and $575 per month on month-to-month leases. Upstairs is rented for $550 through September 1, 2025.

Last Agent to Sell the Property

Josh Murdock

Murdock Real Estate Group Brokerage Phone: 561-618-6502 Listed on: 04/28/2025

Last Buyer's Agent

Josh Murdock

Murdock Real Estate Group Brokerage Phone: 561-618-6502 Listed on: 04/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Corner Lot

Home Design

  • Triplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Frances Slocum/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electric, heating, sewer, water
  • Assessor Parcel Number 27-07-18-403-110.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Fuel Expense $1,500
  • Water Sewer Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$641

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 125
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 16-23-6010 LOT 56 WIGER & PENCES 3RD ADD
  • Parcel Number ID: 27-07-18-403-110.000-002
  • Platted: Yes
  • Sp Lp Percent: 83.33
  • Monthly Gross Income: 1625
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2784
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 384
  • Price Per Sq Ft: 25
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Laminate, Part Carpet
  • Total Below Grade Sq Ft: 384
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1500
  • Annual Fuel Expense: 1500
  • Annual Water Sewer Expense: 500
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Marion Community Schools
  • Elementary School: Frances Slocum/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
  • Elementary School: Frances Slocum/Justice

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1625
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 641.2

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
Apr 28, 2025
Closed on
Jun 20, 2025
Sold by
Krol-Cain Michael N
Bought by
3702 S Boots St Llc
Seller's Agent
Josh Murdock
Murdock Real Estate Group
Buyer's Agent
Josh Murdock
Murdock Real Estate Group
List Price
$72,000
Sold Price
$60,000
Premium/Discount to List
-$12,000
-16.67%
Views
95
Current Estimated Value
$66,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,684
Avg. Annual Appreciation
47.87%

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 28, 2024
Sold by
Stahlman Stephen
Bought by
Krol-Cain Michael N and Cain Parker Am
Seller's Agent
Sally Jenks
RE/MAX Realty One
Buyer's Agent
Morgan Stout Irwin
RE/MAX Realty One
List Price
$72,500
Sold Price
$60,000
Premium/Discount to List
-$12,500
-17.24%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$45,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2016
Sold by
Stahlman Sharon L
Bought by
Stahlman Stephen R

Purchase Details

Closed on
Oct 1, 2015
Sold by
Nordstrom Mary Lynn
Bought by
Stahlman Stephen

Purchase Details

Closed on
Dec 17, 2013
Sold by
Nordstrom Mary Lynn
Bought by
Stahlman Stephen

Purchase Details

Closed on
Aug 31, 2005
Sold by
Hensel Properties Llc
Bought by
Nordstrom Mary Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,375
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
3702 S Boots St Llc -- None Listed On Document
Krol-Cain Michael N -- None Listed On Document
Krol-Cain Michael N $60,000 None Listed On Document
Stahlman Stephen R -- None Available
Stahlman Stephen -- None Available
Stahlman Stephen -- None Available
Nordstrom Mary Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krol-Cain Michael N $45,000
Previous Owner Nordstrom Mary Lynn $21,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $60,000 -16.7% $25 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $72,000 0.0% $30 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $72,000 -- $30 / 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 $641 $79,600 $6,600 $73,000
2023 $594 $76,300 $6,600 $69,700
2022 $640 $71,400 $6,600 $64,800
2021 $517 $55,900 $6,400 $49,500
2020 $434 $52,500 $6,400 $46,100
2019 $396 $50,800 $6,400 $44,400
2018 $265 $49,100 $6,400 $42,700
2017 $271 $51,500 $6,400 $45,100
2016 $590 $47,300 $6,400 $40,900
2014 $224 $47,300 $6,400 $40,900
2013 $224 $41,600 $6,400 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202514917

Indiana Regional MLS

APN: 27-07-18-403-110.000-002