$125,000
SOLD MAY 30, 2025

1416 W Spencer Ave Marion, IN 46952

Franklin Neighborhood
4 Beds
2 Baths
1,680 Sq Ft
436 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

5% Above List Price

44 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Traditional Architecture
  • Formal Dining Room
  • Landscaped

About This Home

As of May 2025

Move in ready! Large spacious rooms, new vinyl plank floor covering, paint, Decorative fireplace in living room, 2 updated baths, newer windows, 4 yr old GFA. Park in rear lockbox on back door.

Last Agent to Sell the Property

Sally Jenks

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 04/16/2025

RE/MAX Realty One

Last Buyer's Agent

Susan Reese

F.C. Tucker Realty Center

F.C. Tucker Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1880

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 33 x 132
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Vinyl Flooring
  • Partially Finished Basement
  • Crawl Space
  • Storm Doors
  • Laminate Countertops
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • M R E Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-06-01-104-060.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 145
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 606 MRE COS 1st ADD
  • Parcel Number ID: 27-06-01-104-060.000-008
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Landscaped, Porch Covered, Storm Doors, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 104.6
  • Year Taxes Payable: 24 due 25
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Price Per Sq Ft: 74.4
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 15x9, On Level: Upper
  • Bedroom 3: Dimensions: 14x15, On Level: Upper
  • Bedroom 4: Dimensions: 10x16, On Level: Upper
  • Main Level Sq Ft: 1008
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Shingle, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 30x14
  • Garage Sq Ft: 420
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Brighthouse Networks
  • Laundry: Dimensions: Mainx12, On Level: 10

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 33 x 132
  • Estimated Lot Sq Ft: 436
  • Estimated Lot Size Acres: 0.01

Tax Info

  • Annual Taxes: 994

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
Apr 16, 2025
Closed on
May 30, 2025
Sold by
Gray David R and Gray Teri R
Bought by
Chalmers Tracey
Seller's Agent
Sally Jenks
RE/MAX Realty One
Buyer's Agent
Susan Reese
F.C. Tucker Realty Center
List Price
$119,500
Sold Price
$125,000
Premium/Discount to List
$5,500
4.6%
Views
31
Current Estimated Value
$123,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,898
Avg. Annual Appreciation
-5.32%
Original Mortgage
$122,735
Outstanding Balance
$122,526
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$576

Purchase Details

Closed on
Mar 21, 2017
Sold by
Gray Margaret A Est
Bought by
Gray David R and Gray Teri R
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,735 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $125,000 +4.6% $74 / Sq Ft
04/16/2025 04/16/25 For Sale $119,500 -- $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 $994 $49,700 $4,100 $45,600
2023 $964 $48,200 $4,100 $44,100
2022 $922 $46,100 $4,100 $42,000
2021 $812 $40,600 $4,100 $36,500
2020 $346 $17,300 $4,100 $13,200
2019 $334 $16,700 $4,100 $12,600
2018 $464 $23,200 $3,600 $19,600
2017 $484 $24,200 $3,600 $20,600
2016 $540 $27,000 $4,300 $22,700
2014 $558 $27,900 $4,300 $23,600
2013 $558 $27,400 $4,300 $23,100
Source: Public Records

Agents Affiliated with this Home

  • Sally Jenks

    Seller's Agent in 2025

    Sally Jenks

    RE/MAX

    (765) 661-1865

    16 in this area

    180 Total Sales

    Sally Jenks
    Section Image
  • Susan Reese

    Buyer's Agent in 2025

    Susan Reese

    F.C. Tucker Realty Center

    (765) 517-1514

    6 in this area

    217 Total Sales

    Susan Reese
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202513080

Indiana Regional MLS

APN: 27-06-01-104-060.000-008

Indiana Grant County Marion 46952 Franklin

1416 W Spencer Ave, Marion, IN

This home is located at 1416 W Spencer Ave, Marion, IN 46952 and is currently priced at $125,000, approximately $74 per square foot. This property was built in 1880. 1416 W Spencer Ave is a home located in Grant County with nearby schools including John W. Kendall Elementary School, Justice Thurgood Marshall Intermediate School, and John L. McCulloch Junior High 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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