NOT LISTED FOR SALE

Estimated Value: $51,000 - $81,988

4 Beds
2 Baths
2,774 Sq Ft
$24/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $55,000 $20 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $491/month

39 Days on Market

Highlights

  • Contemporary Architecture
  • Fenced Yard
  • Baseboard Heating
  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2024

Currently the lower unit is rented to a long-time tenant who wishes to stay in their home. They take care of the yard work. This unit has gas heat. Rent is $540 monthly. There are 2 electric meters, 1 gas meter and 1 water meter. Upper unit is available for rent, large 2 bedroom unit. Owner pays water/sewer/trash, approximately $90 monthly. Tenants rights

Last Agent to Sell the Property

Linda Kitts

Kitts Realty Brokerage Phone: 765-661-1069 Listed on: 05/02/2024

Last Buyer's Agent

Kim Alexander

F.C. Tucker Realty Center

F.C. Tucker Realty Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 132
  • Fenced Yard
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laminate Countertops
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Parking

  • 1 Parking Space
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Community Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-06-301-141.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Water Sewer Expense $1,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 114
  • Style: One and Half Story
  • Architectural Style: Contemporary
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-07-1743.01 35 1/4' W/SD LOT 131 & 1/2 AL/VAC WHITES 9TH ADD
  • Parcel Number ID: 27-07-06-301-141.000-002
  • Platted: Yes
  • Amenities: Fenced Yard, Attic Storage, Attic-Walk-up, Cable Available, Countertops-Laminate, Deck Open, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.82
  • Monthly Gross Income: 1140
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 3074
  • Total Finished Sq Ft: 2774
  • Above Grade Finished Sq Ft: 2774
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 19.83
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 300
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Fence: Partial, Privacy
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 1
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Well Type: Community
  • Annual Insurance Expense: 400
  • Annual Water Sewer Expense: 1080
  • Number Electric Meters: 2
  • 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: Level
  • Lot Dimensions: 35 x 132
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

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

Tax Info

  • Total Assessed Value: 72100
  • Annual Property Tax: 1442

Multi Family

  • Gross Monthly Rent: 1140
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 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

Listed on
May 2, 2024
Closed on
Jun 10, 2024
Sold by
Buzzard James T
Bought by
Morley Andrew R
Seller's Agent
Linda Kitts
Kitts Realty
Buyer's Agent
Kim Alexander
F.C. Tucker Realty Center
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Views
34
Current Estimated Value
$65,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,247
Avg. Annual Appreciation
16.80%

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 15, 2021
Sold by
Burman Carl W
Bought by
Buzzard James T
Seller's Agent
Suzie Mack
F.C. Tucker Realty Center
Buyer's Agent
Linda Kitts
Kitts Realty
List Price
$57,900
Sold Price
$39,900
Premium/Discount to List
-$18,000
-31.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Not Provided
Bought by
Not Provided
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
Morley Andrew R $55,000 None Listed On Document
Buzzard James T $10,000 None Available
Not Provided $56,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $55,000 -8.2% $20 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $59,900 +50.1% $22 / Sq Ft
01/18/2021 01/18/21 Sold $39,900 0.0% $14 / Sq Ft
10/26/2020 10/26/20 Price Changed $39,900 -20.0% $14 / Sq Ft
10/13/2020 10/13/20 Price Changed $49,900 -5.7% $18 / Sq Ft
10/05/2020 10/05/20 Price Changed $52,900 -8.6% $19 / Sq Ft
09/04/2020 09/04/20 For Sale $57,900 -- $21 / 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 $1,550 $77,500 $4,100 $73,400
2023 $1,442 $72,100 $4,100 $68,000
2022 $1,392 $69,600 $4,000 $65,600
2021 $1,314 $65,700 $4,000 $61,700
2020 $1,256 $62,800 $4,000 $58,800
2019 $1,256 $62,800 $4,000 $58,800
2018 $1,226 $61,300 $4,000 $57,300
2017 $1,324 $66,200 $4,000 $62,200
2016 $1,324 $66,200 $4,000 $62,200
2014 $1,334 $66,700 $4,000 $62,700
2013 $1,334 $66,700 $4,000 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202415067

Indiana Regional MLS

APN: 27-07-06-301-141.000-002