NOT LISTED FOR SALE

1123 E 38th St Marion, IN 46953

Southeast Marion Neighborhood

Estimated Value: $329,552

-- Bed
1 Bath
6,050 Sq Ft
$54/Sq Ft Est. Value

Last Sold August 13, 2019

Last sale price $230,000 $38 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,960/month

263 Days on Market

Highlights

  • Home Security System
  • Concrete Flooring
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of August 2019

Opportunity Awaits to take over long time local business! Weagley's Auto Service has been a reputable fixture in the Grant County area for years! NAPA branded business, Carfax, & ASE Certifications. Eight 12' Doors, Two 8' Doors, 10 Bays. Turnkey Operation with all equipment, lifts, inventory, & database of clientele. High Traffic Location on 38th Street. Two entrances from 38th Street, paved parking, signage, & 6,050 SF Building. Closed Circuit Audio Visual Security System, Exterior Lighting, Pole Signage, New Canopy Entry, Fenced Perimeter. Forced Air Heating. Full Bath w/ shower & locker area. Parts/Storage Room, Private Enclosed Garage/Bay. Lofted Storage Above. Additional Information/Income Statements are available to serious prospects. Building is available for purchase solely for $199,900 without business & inventory package.

Last Listed By

Joe Schroder

RE/MAX Realty One Listed on: 10/09/2018

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1970

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 140x250

Home Design

  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 1 Full Bathroom
  • 6,050 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Home Security System

Parking

  • 10 Parking Spaces
  • Gravel Driveway
  • Paved Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-07-17-304-035.000-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,549

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1970
  • Age: 49
  • Style: One Story
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SW SEC 17; 1.69 A |
  • Parcel Number ID: 27-07-17-304-035.000-001
  • Platted: Yes
  • Amenities: Alarm System-Security
  • Inside City Limits: Yes
  • Sp Lp Percent: 92.04
  • Year Taxes Payable: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 6050
  • Total Finished Sq Ft: 6050
  • Above Grade Finished Sq Ft: 6050
  • Price Per Sq Ft: 38.02
  • Basement Foundation: Slab
  • Flooring: Concrete

Exterior Features

  • Exterior: Metal
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Gravel, Paved

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 140x250
  • Estimated Lot Sq Ft: 35000
  • Estimated Lot Size Acres: 0.8

Tax Info

  • Annual Property Tax: 1549

Multi Family

  • Number Of Units: 1

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
Oct 9, 2018
Closed on
Aug 13, 2019
Sold by
Jrb Cars Llc
Bought by
In N Out Automotive Llc
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%
Total Days on Market
263
Current Estimated Value
$329,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,552
Original Mortgage
$184,000
Outstanding Balance
$145,141
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 4, 2018
Sold by
Jrb Cars Llc
Bought by
Marion Llc

Purchase Details

Closed on
Feb 26, 2010
Sold by
Huff Donald
Bought by
J R B Cars Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Interest Rate
5.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 2, 2009
Sold by
Weagley Daniel
Bought by
Cars Jrb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.14%
Mortgage Type
Future Advance Clause Open End Mortgage

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
In N Out Automotive Llc -- --
Marion Llc $155,000 --
J R B Cars Llc -- None Available
Cars Jrb $150,000 Grant County Abstract Co Inc
J R B Cars Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open In N Out Automotive Llc $184,000
Previous Owner J R B Cars Llc $11,250
Previous Owner J R B Cars Llc $117,000
Previous Owner Jrb Cars Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2019 08/13/19 Sold $230,000 -8.0% $38 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $249,900 -16.7% $41 / Sq Ft
05/03/2019 05/03/19 For Sale $299,900 +30.4% $50 / Sq Ft
05/02/2019 05/02/19 Off Market $230,000 -- --
03/19/2019 03/19/19 Price Changed $299,900 -7.7% $50 / Sq Ft
12/29/2018 12/29/18 Price Changed $325,000 -7.1% $54 / Sq Ft
10/09/2018 10/09/18 For Sale $349,900 -- $58 / 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 $1,394 $72,400 $26,500 $45,900
2023 $1,432 $72,900 $26,500 $46,400
2022 $1,476 $72,900 $26,500 $46,400
2021 $1,535 $69,800 $26,500 $43,300
2020 $1,419 $69,800 $26,500 $43,300
2019 $1,334 $69,800 $26,500 $43,300
2018 $1,622 $86,300 $45,600 $40,700
2017 $1,549 $84,600 $45,600 $39,000
2016 $1,465 $84,600 $45,600 $39,000
2014 $1,468 $84,100 $45,600 $38,500
2013 $1,468 $83,100 $45,600 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Joe Schroder

    Seller's Agent in 2019

    Joe Schroder

    RE/MAX

    (765) 661-0327

    14 in this area

    708 Total Sales

    Joe Schroder
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Map

Source: Indiana Regional MLS

MLS Number: 201845608

Indiana Regional MLS

APN: 27-07-17-304-035.000-001

Indiana Grant County Marion 46953 Southeast Marion

1123 E 38th St, Marion, IN

Homes for Sale in Marion, IN

This home is located at 1123 E 38th St, Marion, IN 46953 since 09 October 2018 and is currently priced at $329,552, approximately $54 per square foot. This property was built in 1970. 1123 E 38th St is a home located in Grant County with nearby schools including Allen Elementary School, John L. McCulloch Junior High School, and Justice Thurgood Marshall Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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