NOT LISTED FOR SALE

4124 S Landess St Marion, IN 46953

College Park Neighborhood

Estimated Value: $77,000 - $152,000

2 Beds
2 Baths
1,750 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $65,000 $37 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $734/month

44 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Baseboard Heating
  • 1 Car Detached Garage
  • Laundry in Utility Room
  • Vinyl Flooring

About This Home

As of December 2022

Very nice 2 unit property on corner lot near college. Upstairs unit has been recently renovated in the last few months. New electric baseboard, flooring throughout, fresh paint, some kitchen cabinets, counter tops, light fixtures and covers and sink. Both units have nice size bedroom and living room. Replacement windows and shared laundry access with washer and dryer included. Down stairs unit comes with range and refrigerator. Two car garage is used for storage only.

Last Agent to Sell the Property

Cindy Korporal

RE/MAX Realty One Listed on: 10/18/2022

RE/MAX Realty One

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $747

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 132
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, snow removal
  • The owner pays for sewer, tax, water
  • Assessor Parcel Number 27-07-19-203-023.000-002

Community Details

Overview

  • 2 Units
  • College Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$747

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-15-3728 Lot 277 College Add
  • Parcel Number ID: 27-07-19-203-023.000-002
  • Platted: Yes
  • Amenities: Cable Available, Eat-In Kitchen, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.78
  • Monthly Gross Income: 1185
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1750
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Price Per Sq Ft: 37.14
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl
  • Main Level Sq Ft: 910
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Annual Insurance Expense: 800
  • Annual Water Sewer Expense: 1700
  • Number Electric Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

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: 40 x 132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Owner Pays: Sewer, Tax, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal

Tax Info

  • Total Assessed Value: 747.38
  • Exemptions: Homestead
  • Annual Property Tax: 747.38

Multi Family

  • Gross Monthly Rent: 11851
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

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
Jul 28, 2023
Sold by
Smith Stephen
Bought by
Sword And Trowel Investments Llc
Current Estimated Value
$109,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$86,330
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$15,780

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 18, 2022
Sold by
Maurice Vandiver
Bought by
Wilson Chadd A
Seller's Agent
Cindy Korporal
RE/MAX Realty One
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$55,400
Sold Price
$59,500
Premium/Discount to List
$4,100
7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$44,625
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 24, 2019
Sold by
Gray David B
Bought by
Vandiver Maurice
Seller's Agent
Warren Ross
Point1 Realty
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$47,000
Sold Price
$47,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$42,300
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Sword And Trowel Investments Llc -- None Listed On Document
Wilson Chadd A $59,500 None Listed On Document
Vandiver Maurice $47,000 Grant County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sword And Trowel Investments Llc $93,750
Previous Owner Wilson Chadd A $44,625
Previous Owner Vandiver Maurice $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $65,000 -13.2% $37 / Sq Ft
11/19/2022 11/19/22 Price Changed $74,900 -11.8% $43 / Sq Ft
10/18/2022 10/18/22 For Sale $84,900 +42.7% $49 / Sq Ft
03/21/2022 03/21/22 Sold $59,500 +7.4% $34 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $55,400 +17.9% $32 / Sq Ft
05/24/2019 05/24/19 Sold $47,000 0.0% $27 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $47,000 -- $27 / 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 $1,622 $81,100 $8,500 $72,600
2023 $1,490 $74,500 $8,500 $66,000
2022 $940 $70,800 $8,700 $62,100
2021 $747 $55,700 $8,700 $47,000
2020 $714 $55,700 $8,700 $47,000
2019 $413 $35,100 $8,700 $26,400
2018 $702 $35,100 $8,700 $26,400
2017 $1,128 $56,400 $8,700 $47,700
2016 $1,128 $56,400 $8,700 $47,700
2014 $1,236 $61,800 $10,100 $51,700
2013 $1,236 $59,200 $10,100 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Cindy Korporal

    Seller's Agent in 2022

    Cindy Korporal

    RE/MAX

    (765) 251-0105

    7 in this area

    223 Total Sales

    Section Image

  • R

    Buyer's Agent in 2022

    RACI NonMember

    NonMember RACI

  • W

    Seller's Agent in 2019

    Warren Ross

    Point1 Realty

    (765) 661-9829

    2 in this area

    86 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202243415

Indiana Regional MLS

APN: 27-07-19-203-023.000-002

Indiana Grant County Marion 46953 College Park

4124 S Landess St, Marion, IN

This home is located at 4124 S Landess St, Marion, IN 46953 since 18 October 2022 and is currently estimated at $109,392, approximately $62 per square foot. This property was built in 1900. 4124 S Landess St is a home located in Grant County with nearby schools including Frances Slocum Elementary School, John L. McCulloch Junior High School, and Justice Thurgood Marshall Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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