NOT LISTED FOR SALE

Estimated Value: $52,000 - $116,000

5 Beds
4 Baths
3,068 Sq Ft
$23/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $40,000 $13 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $432/month

504 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Wood Siding
  • Corner Lot
  • Forced Air Heating System

About This Home

As of February 2023

Spacious duplex with very spacious rooms throughout. 3-4 bedrooms 1.5 bath in unit one and 2 bed 1.5 bath in unit 2 both have utility hook ups. Hardwood floors and some replacement windows. Both sides are currently rented at 120 a week each. Current renters have been there over a year. Both Refrigerators and ranges will remain.

Last Agent to Sell the Property

Cindy Korporal

RE/MAX Realty One Listed on: 09/21/2021

RE/MAX Realty One

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 69 x 71
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 27-07-06-403-043.001-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $828
  • Maintenance Expense $500
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 98
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: 5609 SQ F of Sec 6 includes E/PT Lot 13 Turners Add
  • Parcel Number ID: 27-07-06-403-043.001-002
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 72.86
  • Monthly Gross Income: 1040
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3068
  • Total Finished Sq Ft: 3068
  • Above Grade Finished Sq Ft: 3068
  • Price Per Sq Ft: 13.04
  • Basement Foundation: Crawl
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 1600
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

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
  • Cable Company: Spectrum
  • Annual Insurance Expense: 828
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1560
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • 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: Corner
  • Lot Dimensions: 69 x 71
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1040
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 606

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2023 02/20/23 Sold $40,000 -27.1% $13 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $54,900 0.0% $18 / Sq Ft
10/06/2022 10/06/22 Price Changed $54,900 +37.3% $18 / Sq Ft
07/19/2022 07/19/22 Off Market $40,000 -- --
04/12/2022 04/12/22 For Sale $59,900 0.0% $20 / Sq Ft
04/12/2022 04/12/22 Price Changed $59,900 +49.8% $20 / Sq Ft
12/26/2021 12/26/21 Off Market $40,000 -- --
09/21/2021 09/21/21 For Sale $65,000 +282.4% $21 / Sq Ft
07/02/2019 07/02/19 Sold $17,000 +13.3% $6 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $15,000 -- $5 / 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 $644 $32,200 $3,500 $28,700
2023 $682 $34,100 $3,500 $30,600
2022 $682 $34,100 $3,500 $30,600
2021 $606 $30,300 $3,500 $26,800
2020 $606 $30,300 $3,500 $26,800
2019 $0 $30,300 $3,500 $26,800
2018 $0 $30,200 $3,500 $26,700
2017 $0 $31,600 $3,300 $28,300
2016 -- $31,600 $3,300 $28,300
2014 -- $31,700 $3,300 $28,400
2013 -- $31,700 $3,300 $28,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202139827

Indiana Regional MLS

APN: 27-07-06-403-043.001-002