NOT LISTED FOR SALE

Estimated Value: $76,000 - $108,000

4 Beds
2 Baths
1,924 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $45,000 $23 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $597/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Laundry in Utility Room
  • Ceiling Fan
  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of February 2020

Two Unit Duplex one block from IWU Campus! Convenient Spot close to South Marion Amenities! Main Level Unit has 3 Bedrooms, Applianced Kitchen, Utility Room w/ washer/dryer. Main Level Unit rents for $850 per month. Upper Level Unit is 1 Bedroom with Applianced Kitchen. Upper Level Unit rents for $551 per month. New Furnace in 2018. New Carpet in 2019.

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Listed on: 01/07/2020

RE/MAX Realty One

Last Buyer's Agent

Peter Khosla

Peter Khosla, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 72x132
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outbuilding

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

  • Tenant pays for cable
  • The owner pays for electric, fuel, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-18-303-080.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$770

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 110
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-18-4528 72' N/SD LOT 19 KNIGHT & OVERMAN ADD
  • Parcel Number ID: 27-07-18-303-080.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 90.18
  • Monthly Gross Income: 1401
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1924
  • Total Finished Sq Ft: 1924
  • Above Grade Finished Sq Ft: 1924
  • Price Per Sq Ft: 23.39
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 352

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 2
  • Parking: Off Street, 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: Spectrum
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • 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: Level
  • Lot Dimensions: 72x132
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1401
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 770

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Three Square Properties Llc
Bought by
Three Square Properties Llc
Current Estimated Value
$91,062

Purchase Details

Closed on
Sep 12, 2017
Sold by
Alcock Roger M
Bought by
Ckc Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 30, 2003
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Aug 9, 1999
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
May 15, 1998
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 Buyer Sale Price Title Company
Three Square Properties Llc -- None Listed On Document
Ckc Property Group Llc -- None Available
Not Provided $52,500 --
Not Provided $50,000 --
Not Provided $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Three Square Properties Llc $25,500
Previous Owner 3 Square Properties Llc $2,000,000
Previous Owner Ckc Property Group Llc $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $45,000 -9.8% $23 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $49,900 -- $26 / 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 $1,058 $52,900 $10,800 $42,100
2023 $1,022 $51,100 $10,800 $40,300
2022 $964 $48,200 $10,800 $37,400
2021 $860 $43,000 $10,500 $32,500
2020 $816 $40,800 $10,500 $30,300
2019 $794 $39,700 $10,500 $29,200
2018 $770 $38,500 $10,500 $28,000
2017 $798 $39,900 $9,500 $30,400
2016 $790 $39,500 $9,500 $30,000
2014 $794 $39,700 $9,500 $30,200
2013 $794 $41,800 $9,500 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202000619

Indiana Regional MLS

APN: 27-07-18-303-080.000-002