NOT LISTED FOR SALE

Estimated Value: $146,000 - $179,000

13 Beds
11 Baths
3,943 Sq Ft
$41/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $150,000 $38 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,143/month

116 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Pantry
  • Entrance Foyer
  • Covered patio or porch
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of January 2024

Investment Property. rented to veterans currently. 13 sleeping rooms, 2 living rooms, fully equipped kitchen, 5 1/2 baths, 3 shower rooms, storage rooms, full basement, laundry room, eat area. Currently 3 tenants rented. The roof is 8 years old, newer wiring, 8 year old furnace. Non smoking facility. Owner currently pays all utilities. Additional lot included, Parcel ID # 27-07-06-301-076.001-002 (50 x 36, located directly behind the property).

Last Listed By

Vicki Roy

Keller Williams Realty Group Brokerage Email: vickiroy@kw.com Listed on: 09/10/2023

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 132
  • Fenced Yard
  • Chain Link Fence
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Vinyl Flooring
  • Washer Hookup

Kitchen

  • Walk-In Pantry
  • Laminate Countertops

Bedrooms and Bathrooms

  • 13 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Driveway
  • Paved Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for cable, cooling, electric, fuel, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 27-07-06-301-062.000-002

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Electric Expense $3,000
  • Fuel Expense $2,300
  • Maintenance Expense $2,000
  • Water Sewer Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,534

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 11
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 6
  • Legal Description: 16-11-2726 Lot 3 JAMIESONS ADD OUT OF 16-11-2727 N PT LOT 4 JAMIESONS ADD
  • Parcel Number ID: 27-07-06-301-062.000-002
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Storage, Antenna, Cable Available, Countertops-Laminate, Foyer Entry, Pantry-Walk In, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Parcel Id2: 27-07-06-301-076.001-002
  • Sp Lp Percent: 96.22
  • Monthly Gross Income: 2025
  • Year Taxes Payable: 2022 Payable 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5435
  • Total Finished Sq Ft: 3943
  • Above Grade Finished Sq Ft: 3943
  • Below Grade Sq Ft: 1492
  • Price Per Sq Ft: 38.04
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 1492
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Annual Electric: 3000
  • Annual Fuel Expense: 2300
  • Annual Maintenance Expense: 2000
  • Annual Water Sewer Expense: 2100
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Common TV Antenna, Laundry Facilities, Sidewalks

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: Irregular
  • Lot Dimensions: 50 X 132

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Cable, Cooling, Electric, Fuel, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2025
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 13

Tax Info

  • Annual Property Tax: 2534

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
Sep 10, 2023
Closed on
Jan 22, 2024
Sold by
T & L Wright Llc
Bought by
Mccall Brooke
Seller's Agent
Vicki Roy
Keller Williams Realty Group
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%
Total Days on Market
116
Views
159
Current Estimated Value
$163,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,088
Avg. Annual Appreciation
5.98%
Original Mortgage
$150,000
Outstanding Balance
$145,827
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$16,414

Purchase Details

Closed on
Feb 14, 2022
Sold by
Edward Wright Sr
Bought by
T & L Wright Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2021
Closed on
Aug 3, 2021
Sold by
Holloway Thomas
Bought by
Wright Edward
Seller's Agent
Suzie Mack
F.C. Tucker Realty Center
Buyer's Agent
Emmanuel Romero
Keller Williams Realty Group
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$89,250
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 16, 2012
Sold by
Dkl Llc
Bought by
Holloway Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gerhart R Thomas and Gerhart Sylvia A
Bought by
Gerhart Richard T and Gerhart Sylvia A

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
Mccall Brooke $150,000 None Listed On Document
T & L Wright Llc -- None Listed On Document
Wright Edward $119,000 None Available
Holloway Thomas -- None Available
Holloway Thomas -- None Available
Gerhart Richard T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Brooke $150,000
Previous Owner Wright Edward $89,250
Previous Owner Wright Edward $89,250
Previous Owner Holloway Thomas $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $150,000 -3.8% $38 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
12/17/2023 12/17/23 Price Changed $155,900 -13.4% $40 / Sq Ft
09/10/2023 09/10/23 For Sale $180,000 +51.3% $46 / Sq Ft
08/03/2021 08/03/21 Sold $119,000 0.0% $30 / Sq Ft
06/20/2021 06/20/21 For Sale $119,000 -- $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 $2,762 $138,100 $5,900 $132,200
2023 $2,624 $131,200 $5,900 $125,300
2022 $2,534 $126,700 $5,800 $120,900
2021 $2,292 $114,600 $5,800 $108,800
2020 $2,190 $109,500 $5,800 $103,700
2019 $2,224 $111,200 $5,800 $105,400
2018 $2,166 $108,300 $5,800 $102,500
2017 $2,220 $111,000 $5,800 $105,200
2016 $2,220 $111,000 $5,800 $105,200
2014 $2,230 $111,500 $5,800 $105,700
2013 $2,230 $106,100 $5,800 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202332897

Indiana Regional MLS

APN: 27-07-06-301-062.000-002