NOT LISTED FOR SALE

Estimated Value: $138,000 - $173,974

5 Beds
3 Baths
2,321 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $70,000 $30 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,044/month

173 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Storm Windows
  • Whirlpool Bathtub
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

3 Unit apartment complex located at the edge of Indiana Wesleyan University campus. Main house, an efficiency, and garage apartment over 2 car garage. House has central air and high effic furnace. All kitchen appliances remain. Paved driveway. Potential to live in the house and have other rent as income. ONE YEAR HOME WARRANTY provided by seller!

Last Agent to Sell the Property

Dave Wuertley

Point1 Realty Listed on: 08/04/2016

Last Buyer's Agent

Beth Winters

Point1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $772

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99 x 132
  • Level Lot

Home Design

  • Triplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Storm Windows
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for cooling, electric, fuel, heating
  • The owner pays for building insurance, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-19-301-077.000-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$772

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1928
  • Age: 89
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOTS 265, 266, & 267 MILLER'S COLLEGE LAWN ADD |
  • Parcel Number ID: 27-07-19-301-077.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Attic Pull Down Stairs, Boat Lift-Covered, Countertops-Laminate, Garage Door Opener, Jet Tub, Home Warranty Included, Porch Covered, Storm Windows, Water Heater Electric, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 78.21
  • Monthly Gross Income: 1325
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2749
  • Total Finished Sq Ft: 2321
  • Above Grade Finished Sq Ft: 2321
  • Below Grade Sq Ft: 428
  • Price Per Sq Ft: 30.16
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block, Poured Concrete
  • Flooring: Vinyl, Wood
  • Main Level Sq Ft: 1793
  • Total Below Grade Sq Ft: 428
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 950
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • 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: 99 x 132
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Green Features

  • Energy Efficient: HVAC

Rental Info

  • Owner Pays: Building Insurance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1325
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 772.28

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
Apr 18, 2024
Sold by
Delks Jordan Lee and Courtney Lynn
Bought by
Sword And Trowel Investments Llc
Current Estimated Value
$152,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2020
Sold by
Jab Realty Llc
Bought by
Lee-Delks Jordan and Delks Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2016
Closed on
Apr 12, 2017
Sold by
Terhune
Bought by
Jab Realty Llc
Seller's Agent
Dave Wuertley
Point1 Realty
Buyer's Agent
Beth Winters
Point1 Realty
List Price
$89,500
Sold Price
$70,000
Premium/Discount to List
-$19,500
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$56,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 20, 2009
Sold by
Knapp Lillian M
Bought by
Terhune Brad David and Terhune Kari Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $215,000 None Listed On Document
Lee-Delks Jordan -- None Available
Jab Realty Llc $70,000 --
Terhune Brad David $84,000 Sycamore Land Title
Terhune Brad David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sword And Trowel Investments L $264,375
Closed Sword And Trowel Investments Llc $280,000
Previous Owner Lee-Delks Jordan $62,625
Previous Owner Jab Realty Llc $56,000
Previous Owner Terhune Brad D $5,000
Previous Owner Terhune Brad D $66,000
Previous Owner Terhune Brad David $67,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $70,000 -21.8% $30 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $89,500 -- $39 / 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 $2,504 $125,200 $17,800 $107,400
2023 $2,384 $119,200 $17,800 $101,400
2022 $2,224 $111,200 $15,900 $95,300
2021 $1,580 $79,000 $15,900 $63,100
2020 $1,542 $77,100 $15,900 $61,200
2019 $1,502 $75,100 $15,900 $59,200
2018 $1,438 $71,900 $15,900 $56,000
2017 $1,870 $93,500 $15,000 $78,500
2016 $1,870 $93,500 $15,000 $78,500
2014 $895 $102,200 $17,400 $84,800
2013 $895 $97,800 $17,400 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201636452

Indiana Regional MLS

APN: 27-07-19-301-077.000-002