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4124 South Landess Street

4124 South Landess Street, Marion, IN 46953
Multifamily in Center
4124 South Landess Street has been categorized by the local assessors in Marion, IN as a residential type of property. The building on the property was first built in 1959 and is 65 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4124 South Landess Street has 1,750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,280 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The roof of the building is made of materials that we aren't sure of. In terms of heating, it is utilizing a heating system we are unsure of and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4124 South Landess Street sold most recently in Jul 28, 2023 for a total of $124,687. If you work out the math, that's approximately a cost of $71.25 per sqft. Before that, the property was also sold for $55,800 in Mar 18, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $940 in taxes each year. The initial year of tax delinquency occurred in 2021. 4124 South Landess Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,500. If we break it down further, the land itself was valued at $8,500. Improvements to the property, however, were assessed at a total of $66,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
Off Street Parking
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221018
10/18/2022
2 Bed
2 Bath
1750 ft²
$84,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1750 ft²
$124,687 +46.86%
08/01/2023
-
Cindy Korporal
RE/MAX Realty One
20220128
01/28/2022
2 Bed
2 Bath
1750 ft²
$55,400
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1750 ft²
-
03/22/2022
Cindy Korporal
RE/MAX Realty One
20190328
03/28/2019
2 Bed
2 Bath
1750 ft²
$47,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1750 ft²
-
05/28/2019
Warren Ross
NextHome Legacy Group Realty

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,280
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 1,750
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLLEGE ADD
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 16-15-3728 LOT 277 COLLEGE ADD MP 0719-203-023.000

Ownership

  • Current Owner : SWORD AND TROWEL INVESTMENTS LLC
  • Previous Owner : SMITH STEPHEN
  • Owner Before Previous Owner: MAURICE VANDIVER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion Community Schools
  • Census Tract: 000800

Geography

  • Account Number: 071920302300016
  • District: 0001
  • Parcel: 27-07-19-203-023.000-002
  • Lot: 277
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.5192
  • Longitude: -85.6692

    Address

  • Full Address: 4124 S Landess St
  • Address - House Number: 4124
  • Street Direction: S
  • Address - Street Name: Landess
  • Address - Suffix Type: St
  • State: IN
  • City Name: Marion
  • Carrier Code: C027
  • 4-Digit Zip Code: 4939
  • Zip Code: 46953

Valuation

    Tax

  • Total Area: 1,750
  • Tax Year: 2022
  • Tax Amount: $940
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 16:MARION-

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 76,755
  • High Value: 91,160
  • Low Value: 62,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,750
  • First Open Lien Mortgage Lender: INDIANA UNIVERSITY CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Aug 01, 2023
  • First Open Lien Mortgage Loan Amount: $93,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 15, 2038

    Market Valuation

  • Market Total Value: $74,500
  • Market Land Value: $8,500
  • Market Improvement Value: $66,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,500
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $66,000

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Transaction ID: 11910357225
  • Current Sale Price: $124,687
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 5660
  • Previous Sale Recording Date: Mar 22, 2022
  • Previous Sale Contract Date: Mar 18, 2022
  • Previous Sale Amount: $55,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDIANA UNIVERSITY CREDIT UNIO
  • First Mortgage Transaction Date: Aug 01, 2023
  • First Mortgage Loan Amount: $93,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 15, 2038

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Mar 22, 2022
  • Previous Mortgage Loan Amount: $44,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2052

About Marion



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4124 South Landess Street located in?
The 4124 South Landess Street is a multifamily located in the neighborhood of Center in Marion, Marion.
What is the average sales price for listings in 4124 South Landess Street?
The average sales price for units in 4124 South Landess Street is $55,400 , or $32/sqft. currently.

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