NOT LISTED FOR SALE

Estimated Value: $102,000 - $122,000

5 Beds
3 Baths
2,838 Sq Ft
$40/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $27,000 $10 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $768/month

80 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of November 2019

Triplex with tennants paying gas and electric one unit rented other 2 are being remodeled

Last Listed By

Jeff Bryan

Point1 Realty Listed on: 07/24/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 132x45
  • Corner Lot

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-06-302-244.000-002

Community Details

Overview

  • 3 Units
  • Dick Thomas Subdivision

Building Details

  • Fuel Expense $1
  • Insurance Expense $900
  • Maintenance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 99
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 16-10-2530 Lot 32 Dick Thomas ADD
  • Parcel Number ID: 27-07-06-302-244.000-002
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 103.85
  • Annual Miscellaneous: 1
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3776
  • Total Finished Sq Ft: 2838
  • Above Grade Finished Sq Ft: 2838
  • Below Grade Sq Ft: 938
  • Price Per Sq Ft: 9.51
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 938
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 11

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 1
  • Annual Trash Expense: 1
  • Annual Water Sewer Expense: 1200

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: 132x45
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 966

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
Jul 24, 2019
Closed on
Nov 15, 2019
Sold by
Mast Elson H and Mast Toyleann
Bought by
Capstone Real Estate
Seller's Agent
Jeff Bryan
Point1 Realty
Buyer's Agent
Tom Eastus
Nicholson Realty 2.0 LLC
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%
Total Days on Market
80
Current Estimated Value
$112,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,256
Avg. Annual Appreciation
29.39%

Purchase Details

Closed on
Jan 14, 2013
Sold by
Selden Allen J
Bought by
Kerney David and Kerney Rachel

Purchase Details

Closed on
Feb 18, 2003
Sold by
Not Provided
Bought by
Not Provided

Range of Values:

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Average Value
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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
Capstone Real Estate $27,000 Grant County Abstract
Kerney David -- None Available
Not Provided $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capstone Real Estate Llc $43,500
Previous Owner Seldon Allen J $29,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $27,000 +3.8% $10 / Sq Ft
09/27/2019 09/27/19 Price Changed $26,000 -25.7% $9 / Sq Ft
07/24/2019 07/24/19 For Sale $35,000 -- $12 / 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 $1,680 $84,000 $5,300 $78,700
2023 $1,564 $78,200 $5,300 $72,900
2022 $1,512 $75,600 $5,200 $70,400
2021 $1,472 $73,600 $5,200 $68,400
2020 $934 $46,700 $5,200 $41,500
2019 $966 $48,300 $5,200 $43,100
2018 $966 $48,300 $5,200 $43,100
2017 $966 $48,300 $5,200 $43,100
2016 $966 $48,300 $5,200 $43,100
2014 $966 $48,300 $5,200 $43,100
2013 $966 $26,100 $5,200 $20,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201931613

Indiana Regional MLS

APN: 27-07-06-302-244.000-002