$159,000
SOLD MAR 9, 2017

1015 N King Rd Marion, IN 46952

3 Beds
2 Baths
2,464 Sq Ft
8.01 Acres

Recently Sold

$65 Per Sq Ft

9% Below List Price

0 Day on Market

Highlights

  • Primary Bedroom Suite
  • Heavily Wooded Lot
  • Backs to Open Ground
  • Open Floorplan
  • Ranch Style House
  • Wood Flooring

About This Home

As of April 2018

WOODED PRIVATE RETREAT. If you want the tranquility of acreage and woods or your own hunting grounds, you'll love this nearly ALL WOODED 8.01 acre property. Private drive back to home and garage not visible from the road. This property boasts 3 bedrooms, 2 bathrooms, an oversized 3 car detached garage with workshop, dog kennel, gardens, 2 exterior decks and 2 enclosed all season rooms. Former attached garage can be used as living space or easily converted back. Beautiful stone accent walls grace the interior, open concept kitchen, dining and living areas, wood burning stove and storage galore are just a few of the highlights. The current owner enjoys economical geothermal heating ($160 monthly electric in the coldest weather) although electric baseboard serves as a backup. When used, the wood burning stove in the living room pipes heat throughout the home making electric bills as low as $25 per month. A perimeter drain surrounds the back side of the home and garage. Water collected in the drains and geothermal system flow through underground pipes to a creek on the south side of the property. Appliances included. Don't forget to invite all of your family and friends for holiday gatherings - this is the perfect setting with plenty of parking too.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $585

Year Built

  • Built in 1986

Lot Details

  • 8.01 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Heavily Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Basement Cellar
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 27-02-32-400-015.000-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$585

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1986
  • Age: 31
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 02-04-875.06 M PT E SE SEC 32 8.01 A
  • Parcel Number ID: 27-02-32-400-015.000-032
  • Platted: Yes
  • Amenities: Alarm System-Security, Antenna, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Landscaped, Open Floor Plan, Porch Florida, Range/Oven Hook Up Elec, Stand Up Shower, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Sp Lp Percent: 90.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 2464
  • Total Finished Sq Ft: 2464
  • Above Grade Finished Sq Ft: 2464
  • Basement Foundation: Crawl, Slab, Cellar
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning Stove
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 15x16, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Bedroom 3: Dimensions: 10x14, On Level: Main
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Other Room1: additional room, Dimensions: 17x22, On Level: Main
  • Other Room 2: sunroom off kitchen, Dimensions: 23x12, On Level: Main
  • Other Room 3: sunroom off master, Dimensions: 14x12, On Level: Main
  • Main Level Sq Ft: 2464
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 7x9

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 27x51
  • Garage Sq Ft: 1377

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Indiana Michigan Power
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, 6-9.999
  • Lot Dimensions: 8.01 acres
  • Estimated Lot Sq Ft: 348916
  • Estimated Lot Size Acres: 8.01

Tax Info

  • Annual Taxes: 585.2
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Apr 4, 2018
Sold by
Geiger Arthur
Bought by
Cook Terry D and Cook Lolita L
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$289,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,354
Avg. Annual Appreciation
6.89%
Original Mortgage
$171,830
Outstanding Balance
$147,530
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$141,824

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 9, 2017
Sold by
Brooks Mary E
Bought by
Arthur Geiger
List Price
$174,900
Sold Price
$159,000
Premium/Discount to List
-$15,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$143,100
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $175,000 --
Warranty Deed $175,000 Sycamore Land Title
Deed $159,900 --
Warranty Deed $159,900 Sycamore Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,830 FHA
Previous Owner $143,100 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2018 04/04/18 Sold $175,000 -5.4% $71 / Sq Ft View Prior Sale
02/15/2018 02/15/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $185,000 +16.4% $75 / Sq Ft
03/09/2017 03/09/17 Sold $159,000 -9.1% $65 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $174,900 -- $71 / 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 $1,546 $224,200 $36,000 $188,200
2023 $1,565 $219,500 $36,000 $183,500
2022 $1,507 $195,300 $36,000 $159,300
2021 $1,396 $172,800 $36,000 $136,800
2020 $1,241 $175,200 $36,000 $139,200
2019 $1,076 $166,100 $36,000 $130,100
2018 $972 $159,200 $36,000 $123,200
2017 $890 $152,000 $36,000 $116,000
2016 $582 $141,900 $36,400 $105,500
2014 $574 $140,100 $36,400 $103,700
2013 $574 $146,700 $36,400 $110,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201703980

Indiana Regional MLS

APN: 27-02-32-400-015.000-032