NOT LISTED FOR SALE

1385 W Forest Ln Marion, IN 46952

Estimated Value: $188,000 - $223,000

4 Beds
2 Baths
1,798 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $110,000 $61 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,249/month

14 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Concrete Flooring

About This Home

As of October 2019

Nice sized 3 or 4 BR, 2 bath ranch style home. Privacy fenced back yard, storage shed, sun room, fireplace in family room. HUD Case# 156-309470 Go to www.hudhomestore.com for more information and to submit a bid. Status IE Repair escrow $2500. 203k Eligible subject to FHA appraisal.

Last Agent to Sell the Property

Linda Robinson

Central Indiana Homes, LLC Listed on: 08/01/2019

Co-Listed By

Jason Wuertley

Point1 Realty

Last Buyer's Agent

Janet Barnett

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 122x142
  • Rural Setting
  • Privacy Fence
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,798 Sq Ft Home
  • 1 Fireplace
  • Basement

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Private Sewer

Community Details

  • Forest Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-03-23-103-042.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1968

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1968
  • Age: 51
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 03-05-1074 M LOT 10 FOREST RIDGE ADD SEC 1
  • Parcel Number ID: 27-03-23-103-042.000-021
  • Platted: Yes
  • Amenities: Patio Open, Porch Florida
  • Location: Rural Subdivision
  • Sp Lp Percent: 107.84
  • County Zoning: R1
  • Year Taxes Payable: 2019
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Total Sq Ft: 1798
  • Total Finished Sq Ft: 1798
  • Above Grade Finished Sq Ft: 1798
  • Price Per Sq Ft: 61.18
  • Basement: Yes
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 18x14, On Level: Main
  • Den: On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Bedroom 4: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x10
  • Fence: Privacy

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x22
  • Garage Sq Ft: 506
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Private
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 9
  • Well Type: Private

Condo/Co-op/Association

  • Association Fees: 150
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 122X142
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Tax Info

  • Annual Taxes: 538.64
  • Exemptions: Homestead, Mortgage

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
Aug 1, 2019
Closed on
Sep 26, 2019
Sold by
Usa Hud
Bought by
Davis Terrance L and Davis Julie E
Seller's Agent
Linda Robinson
Central Indiana Homes, LLC
Buyer's Agent
Janet Barnett
RE/MAX Realty One
List Price
$102,000
Sold Price
$110,000
Premium/Discount to List
$8,000
7.84%
Total Days on Market
14
Current Estimated Value
$202,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,875
Avg. Annual Appreciation
11.44%
Original Mortgage
$108,007
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2019
Sold by
Stearns Lending Llc
Bought by
Usa Hud

Purchase Details

Closed on
Oct 30, 2018
Sold by
Not Provided
Bought by
Stearns Lending Llc

Purchase Details

Listed on
Jan 18, 2016
Closed on
Sep 12, 2016
Sold by
Kemple Mark A and Kemple Rachel K
Bought by
Pearcy Douglas M P and Pearcy Kelly Michelle
List Price
$134,900
Sold Price
$113,500
Premium/Discount to List
-$21,400
-15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
May 23, 2007
Sold by
Baxter Gregory A and Baxter Rhonda M
Bought by
Kemple Mark A and Kemple Rachel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2002
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Oct 14, 1999
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

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Range of Values:

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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
Davis Terrance L -- --
Usa Hud -- --
Stearns Lending Llc $90,000 --
Pearcy Douglas M P -- Attorney
Kemple Mark A -- None Available
Not Provided $114,000 --
Not Provided $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Terrance L $30,000
Open Davis Terrance L $109,000
Closed Davis Terrance L $108,007
Previous Owner Kemple Mark A $114,000
Previous Owner Baxter Gregory A $90,000
Previous Owner Baxter Gregory A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2019 10/02/19 Sold $110,000 +7.8% $61 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $102,000 -10.1% $57 / Sq Ft
09/12/2016 09/12/16 Sold $113,500 -15.9% $63 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $134,900 -- $75 / 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 $1,160 $190,000 $24,800 $165,200
2023 $949 $170,200 $24,800 $145,400
2022 $925 $153,300 $23,100 $130,200
2021 $854 $139,000 $23,100 $115,900
2020 $681 $132,600 $22,100 $110,500
2019 $598 $128,700 $22,100 $106,600
2018 $539 $127,600 $22,100 $105,500
2017 $551 $132,500 $22,100 $110,400
2016 $475 $126,300 $22,100 $104,200
2014 $1,180 $124,000 $22,100 $101,900
2013 $1,180 $123,800 $22,100 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201932981

Indiana Regional MLS

APN: 27-03-23-103-042.000-021