NOT LISTED FOR SALE

1328 W Forest Ln Marion, IN 46952

Estimated Value: $271,230 - $300,000

5 Beds
2.5 Baths
3,000 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $125,000 $42 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,731/month

326 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Formal Dining Room
  • 2 Fireplaces
  • Enclosed patio or porch
  • 2 Car Attached Garage

About This Home

As of March 2016

REDUCED!!! NEW PRICE!!! Stately Two Story Traditional Home in Forest Ridge! This home offers 3,000 Square Feet of living space with 5 bedrooms & 2.5 baths. Two Story Foyer with open staircase, Formal Living & Dining Rooms, Family Room, & Breakfast area in fully equipped kitchen. Finished Partial Basement with Wet Bar and Recreation Area. 22x12 Screened Porch Enclosure. Two Car Attached Garage with Workshop/Storage Area. Abundance of Storage & Closet Space throughout. Home Warranty Provided! $5k Flooring Allowance!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $677

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 122x150
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Finished Basement

  • Sump Pump
  • 2 Bedrooms in Basement
  • Crawl Space

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 27-03-23-103-035.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$677

Year Built

Built in 1970

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1970
  • Age: 46
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 03-05-1069 M LOT 5 FOREST RIDGE ADD SEC 1
  • Parcel Number ID: 27-03-23-103-035.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Cable Available, Cable Ready, Countertops-Laminate, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Home Warranty Included, Kitchen Island, Landscaped, Porch Covered, Porch Enclosed, Tub/Shower Combination, Formal Dining Room, Sump Pump, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 89.35
  • Special Features: None

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 3000
  • Above Grade Finished Sq Ft: 2496
  • Below Grade Finished Sq Ft: 504
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x19, On Level: Main
  • Kitchen: Dimensions: 11x17, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 12x22, On Level: Main
  • Recreation Room: Dimensions: 22x20, On Level: Basement
  • Bedroom 1: Dimensions: 19x11, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Bedroom 5: Dimensions: 11x11, On Level: Main
  • Other Room1: Enclosed Porch, Dimensions: 12x22, On Level: Main
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 504

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Cable Company: Brighthouse Networks
  • Laundry: Dimensions: 10xBasement, On Level: 6
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 130
  • Association Fees Frequency: Annually

Schools

  • School District: Marion Community Schools
  • Elementary School: Marion Community
  • Middle School: Marion Community
  • High School: Marion

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 122x150
  • Estimated Lot Sq Ft: 18750
  • Estimated Lot Size Acres: 0.43

Tax Info

  • Annual Taxes: 676.68
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Mar 23, 2016
Sold by
Inam Novera
Bought by
Boogar Robert and Boogar Michelle
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Total Days on Market
326
Current Estimated Value
$283,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,058
Avg. Annual Appreciation
8.85%
Original Mortgage
$122,735
Outstanding Balance
$100,536
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$172,340

Purchase Details

Closed on
Aug 21, 2006
Sold by
Norris Larry N and Norris Karen L
Bought by
Inam Novera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

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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
Boogar Robert -- None Available
Inam Novera -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boogar Robert $122,735
Previous Owner Inam Novera $85,000
Previous Owner Norris Larry N $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $125,000 -21.8% $42 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
03/23/2015 03/23/15 For Sale $159,900 -- $53 / 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 $1,577 $241,000 $25,900 $215,100
2023 $1,298 $215,200 $25,900 $189,300
2022 $1,326 $193,600 $24,100 $169,500
2021 $1,247 $175,500 $24,100 $151,400
2020 $1,010 $168,100 $23,100 $145,000
2019 $862 $159,000 $23,100 $135,900
2018 $778 $157,700 $23,100 $134,600
2017 $1,677 $164,000 $23,100 $140,900
2016 $1,623 $170,400 $23,100 $147,300
2014 $773 $174,600 $23,100 $151,500
2013 $773 $162,300 $23,100 $139,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201511050

Indiana Regional MLS

APN: 27-03-23-103-035.000-021