NOT LISTED FOR SALE

Estimated Value: $123,000 - $147,000

6 Beds
4 Baths
3,422 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $114,900 $34 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $865/month

1 Day on Market

About This Home

As of March 2023

Add this one to your portfolio! This 2 story home has 4 apartments: 2 units are 2 bedrooms/1 bath, 1 unit is a 1 bedroom/1 bath, and the last one is a studio apartment. The garage also has 2 rentable spaces: 1 bedroom/1 bath and a studio apartment. Owner pays all utilities: W/T/S, gas, and electric. Rents currently being collected: Apt. A: $300 deposit, $175 weekly. Apt. B: vacant (currently painting and cleaning) Apt. C: $500 deposit, $645 monthly rent, signed lease 9/1/2022 Apt. D: $400 deposit, $600 monthly rent, signed lease 1/3/2023 Garage Apt 1: no deposit, Pays $125 weekly. Garage Apt 2: vacant

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC Listed on: 01/25/2023

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1939

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Suburban Location

Schools

  • Riverview/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-06-301-078.000-002

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,000
  • Fuel Expense $2,400
  • Insurance Expense $500
  • Trash Expense $670
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1939
  • Age: 84
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-11-2729 & 2729.01 LOT 6 & PT SW SEC 6 .03 A JAMIESONS ADD MP 0706-301-078.000
  • Parcel Number ID: 27-07-06-301-078.000-002
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2445
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3422
  • Total Finished Sq Ft: 3422
  • Above Grade Finished Sq Ft: 3422
  • Price Per Sq Ft: 33.58
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Mixed

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 5000
  • Annual Fuel Expense: 2400
  • Annual Insurance Expense: 500
  • Annual Trash Expense: 670
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50X132
  • Estimated Lot Sq Ft: 6621
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 6

Rental Info

  • Lease Term: Week to Week, Month to Month
  • Owner Pays: Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 2445
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1800

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
Jan 25, 2023
Closed on
Mar 14, 2023
Sold by
Yamanaka Robert
Bought by
Jjkm Investments Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$114,900
Sold Price
$114,900
Views
135
Current Estimated Value
$134,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,622
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Aug 7, 2020
Sold by
Mjm & Sons Llc
Bought by
Yamanaka Robert

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
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2017
Sold by
Rittenhouse Virginia E
Bought by
Mjm & Sons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End 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
Jjkm Investments Llc -- None Listed On Document
Yamanaka Robert -- None Available
Mjm & Sons Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yamanaka Robert $93,750
Previous Owner Mjm & Sons Llc $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $114,900 0.0% $34 / Sq Ft
02/22/2023 02/22/23 For Sale $114,900 0.0% $34 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $114,900 -- $34 / 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 $1,824 $91,200 $8,300 $82,900
2023 $2,654 $132,700 $8,300 $124,400
2022 $1,746 $87,300 $8,300 $79,000
2021 $1,746 $87,300 $8,300 $79,000
2020 $1,746 $87,300 $8,300 $79,000
2019 $1,746 $87,300 $8,300 $79,000
2018 $1,746 $87,300 $8,300 $79,000
2017 $1,750 $87,500 $8,300 $79,200
2016 $1,750 $87,500 $8,300 $79,200
2014 $1,746 $87,300 $8,300 $79,000
2013 $1,746 $75,600 $8,300 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202302178

Indiana Regional MLS

APN: 27-07-06-301-078.000-002