NOT LISTED FOR SALE

Estimated Value: $100,000 - $127,000

4 Beds
2 Baths
2,892 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $66,000 $23 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $688/month

99 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Landscaped
  • Covered patio or porch
  • Entrance Foyer
  • Ceiling height of 9 feet or more

About This Home

As of September 2018

An Absolute Must See Historic Era Duplex property! Property has undergone total interior transformation with many recent updates. Main Level Unit features foyer entry, living room, 2-3 Bedrooms, Kitchen, & Bath. Brand New Hardwood Floors, New GFA Furnace/Central Air, Replacement Windows. Decorative Fireplaces, Built-ins, High Ceilings all add to the historic character and charm! Upper Level Unit features private entrance, living room, kitchen/dining, 1 Bedroom, & full bath. Upper level rents for $450 per month. Main level is owner occupied but has rent potential of $650-750 per month. 2 Electric Meters, 2 Gas Meters, Shared Water/Sewer. Oversized 1 Car Detached Garage, Great Front Covered Porch. Roof Only 5 years old and was complete tear off. Wonderful Opportunity Awaits! Live downstairs and let the income from the secondary unit make your payment or rent them both. Not a drive by, must see to appreciate!

Last Listed By

Joe Schroder

RE/MAX Realty One Listed on: 05/30/2018

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Partially Fenced Property
  • Privacy Fence
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Partially Finished Basement
  • Walk-Out Basement
  • Storage In Attic
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, electric, fuel
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 27-07-06-302-083.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$400

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 128
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-07-1723 44' W/SD LOT 107 WHITES 8TH ADD |
  • Parcel Number ID: 27-07-06-302-083.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Attic Storage, Cable Available, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Foyer Entry, Landscaped, Porch Covered, Water Heater Electric, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 94.42
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 3254
  • Total Finished Sq Ft: 2892
  • Above Grade Finished Sq Ft: 2892
  • Below Grade Sq Ft: 362
  • Price Per Sq Ft: 22.82
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished, Walk-Out Basement
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Total Below Grade Sq Ft: 362
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air, Space
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

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: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Fuel

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 400.04

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

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 30, 2018
Closed on
Sep 18, 2018
Sold by
Spencer Debra S
Bought by
Robertson Dale R
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Bobbie Orr
J Meyer Real Estate Services, Inc
List Price
$69,900
Sold Price
$66,000
Premium/Discount to List
-$3,900
-5.58%
Total Days on Market
99
Current Estimated Value
$113,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,467
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Michael Debra S
Bought by
Spencer Debra S

Purchase Details

Closed on
May 15, 2001
Sold by
Not Provided
Bought by
Not Provided

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
Robertson Dale R -- --
Spencer Debra S -- None Available
Not Provided $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Debra S $12,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $66,000 -5.6% $23 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $69,900 -- $24 / 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 $632 $78,500 $5,200 $73,300
2023 $568 $73,000 $5,200 $67,800
2022 $633 $70,600 $5,100 $65,500
2021 $588 $63,600 $5,100 $58,500
2020 $502 $60,800 $5,100 $55,700
2019 $482 $61,900 $5,100 $56,800
2018 $427 $60,500 $5,100 $55,400
2017 $400 $58,900 $5,100 $53,800
2016 $460 $39,100 $5,100 $34,000
2014 $780 $39,000 $5,100 $33,900
2013 $780 $46,100 $5,100 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201822835

Indiana Regional MLS

APN: 27-07-06-302-083.000-002