$60,000
SOLD AUG 28, 2024
5 Beds
3 Baths
2,400 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

75 Days on Market

Highlights

  • Traditional Architecture
  • Landscaped
  • Ceiling Fan
  • Corner Lot
  • Forced Air Heating System
  • Storm Doors

About This Home

As of June 2025

Well maintained triplex, zoned R-3, two lower units rent $500 & $550, month to month, upper unit owner occupied rents $500 month, will stay for up to 24 months

Last Agent to Sell the Property

Sally Jenks

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 06/14/2024

RE/MAX Realty One

Last Buyer's Agent

Morgan Stout Irwin

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $594

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44 x 132
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Storm Doors
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, electric
  • The owner pays for building insurance, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-18-403-110.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$594

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 124
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 56 Wigger & Pences 3rd Add
  • Parcel Number ID: 27-07-18-403-110.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Ready, Countertops-Laminate, Deck Open, Landscaped, Storm Doors, Water Heater Gas, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.76
  • Monthly Gross Income: 1550
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior: Shingle
  • Fence: Chain Link, Wood
  • Stories: 1.5

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Brighthouse Networks
  • Annual Insurance Expense: 1500
  • Number Electric Meters: 3
  • 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: 44 x 132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

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

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 594.04

Multi Family

  • Gross Monthly Rent: 1550
  • 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

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.59%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.8%
Mortgage Type
Unknown

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

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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 -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $60,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Contract Of Sale -- None Available
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 New Conventional
Previous Owner $52,000 New Conventional
Previous Owner $42,400 Stand Alone Refi Refinance Of Original Loan
Previous Owner $25,000 Unknown
Previous Owner $36,000 New Conventional
Previous Owner $21,375 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: 202421778

Indiana Regional MLS

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