NOT LISTED FOR SALE

1214 S Washington St Marion, IN 46953

Center City Neighborhood

Estimated Value: $104,000 - $189,574

7 Beds
7 Baths
6,930 Sq Ft
$20/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $109,700 $16 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $924/month

143 Days on Market

Highlights

  • 1.15 Acre Lot
  • Covered patio or porch
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of August 2018

Additional parcel # 27-07-07-102-138.000-002. Very well maintained, fully occupied. 2666 sq ft: rewired, new plumbing, remodeled apts., 2014 new roof, 2015 new siding; 1220: updated electrical/plumbing, most window new, all units have washer/dryer/dishwasher. Owner pays w/s, outside lights, cable, dish 426 sq ft.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1891

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 91 x 190 66x146
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 7 Parking Spaces
  • Off-Street Parking
  • Off-Site Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for cable, sewer, water
  • Assessor Parcel Number 27-07-07-102-126.000-002

Community Details

Overview

  • 2 Buildings
  • 7 Units

Pet Policy

  • Pet Restriction

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,556
  • Maintenance Expense $2,200
  • Water Sewer Expense $1,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,341

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1891
  • Age: 127
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: Pt NE Sec 7 .20 A ; PT NE SEC 7 .34 A ; PT NE SEC 7 .53 A RIGHT OF WAY UNITS 1-4 GAS LIGHT LANC |
  • Parcel Number ID: 27-07-07-102-126.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Ready, Patio Open, Porch Covered, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Cross Street: 12th
  • Location: City/Town/Suburb
  • Parcel Id2: 270707102138000002
  • Sp Lp Percent: 73.13
  • Annual Miscellaneous: 1300
  • Monthly Gross Income: 2617
  • Special Features: None

Interior Features

  • Total Sq Ft: 6930
  • Total Finished Sq Ft: 6930
  • Above Grade Finished Sq Ft: 6930
  • Price Per Sq Ft: 15.83
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Sq Ft: 3465
  • Number Of Disposals: 7
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Brick, Masonry
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 7
  • Parking: Off Site

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Baseboard, Forced Air, Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 2556
  • Annual Maintenance Expense: 2200
  • Annual Water Sewer Expense: 1445
  • Number Electric Meters: 7
  • Number Gas Meters: 7
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 91 x 190 66x146
  • Estimated Lot Sq Ft: 50094
  • Estimated Lot Size Acres: 1.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Cable, Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 2655
  • Number Of Dishwashers: 6
  • Number Of Dryers: 4
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 7
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 2341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Brs Properties Llc
Bought by
1214 S Main In Llc
Current Estimated Value
$141,644

Purchase Details

Closed on
Apr 29, 2021
Sold by
Tegelaar Rene
Bought by
Atha Joseph W and Bentley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 16, 2018
Closed on
Aug 27, 2018
Sold by
Calache Llc
Bought by
Tegelaar Rene
List Price
$150,000
Sold Price
$109,700
Premium/Discount to List
-$40,300
-26.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$71,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1998
Sold by
Not Provided
Bought by
Not Provided
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 Buyer Sale Price Title Company
1214 S Main In Llc -- None Listed On Document
Atha Joseph W $75,000 None Available
Tegelaar Rene -- --
Not Provided $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael B $112,500
Previous Owner Atha Joseph W $56,250
Previous Owner Tegelaar Rene $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $109,700 -26.9% $16 / Sq Ft
01/16/2018 01/16/18 For Sale $150,000 -- $22 / 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 $1,682 $84,100 $13,700 $70,400
2023 $1,698 $84,900 $13,700 $71,200
2022 $1,698 $84,900 $13,700 $71,200
2021 $1,454 $72,700 $13,700 $59,000
2020 $1,480 $74,000 $13,700 $60,300
2019 $1,480 $74,000 $13,700 $60,300
2018 $998 $49,900 $13,700 $36,200
2017 $998 $49,900 $13,700 $36,200
2016 $998 $49,900 $13,700 $36,200
2014 $998 $49,910 $13,700 $36,210
2013 $998 $48,800 $13,700 $35,100
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201801764

Indiana Regional MLS

APN: 27-07-07-102-126.000-002

Indiana Grant County Marion 46953 Center City

1214 S Washington St, Marion, IN

This home is located at 1214 S Washington St, Marion, IN 46953 since 16 January 2018 and is currently estimated at $141,644, approximately $20 per square foot. This property was built in 1891. 1214 S Washington St is a home located in Grant County with nearby schools including Riverview 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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