$48,000
SOLD JAN 16, 2026

1420 W 5th St Marion, IN 46953

Franklin Neighborhood
2 Beds
1.5 Baths
1,074 Sq Ft
6,578 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

20% Below List Price

95 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Mud Room
  • Enclosed Patio or Porch
  • Bungalow

About This Home

As of January 2026

Quaint Bungalow! Convenient Location just off the Marion Bypass. Enclosed Front Porch. Living Room w/ fireplace & Dining Room w/ built-ins. Kitchen appliances will remain. 2 Bedrooms & 1.5 Baths. Laundry/Mud Room. 2 Storage Sheds. Partially Fenced Yard. Offering Immediate Possession! Roof is 2-3 years old, single layer shingles.

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 10/06/2025

RE/MAX Realty One

Last Buyer's Agent

Sally Jenks

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1940

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 52x128
  • Partially Fenced Property
  • Level Lot

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-06-01-401-191.000-008
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1940

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 15-02-441, 442; LOT 36 & 19' W/SD LOT 37 FOURTH ST ADD
  • Parcel Number ID: 27-06-01-401-191.000-008
  • Platted: Yes
  • Amenities: Cable Available, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Porch Enclosed, Range/Oven Hook Up Elec, Stand Up Shower, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1074
  • Total Finished Sq Ft: 1074
  • Above Grade Finished Sq Ft: 1074
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 11x8, On Level: Main
  • Main Level Sq Ft: 1074
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 8x10, 80
  • Fence: Partial
  • Outbuilding2: Shed, Dimensions: 6x8, 48

Garage/Parking

  • Driveway: Gravel
  • 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: Spectrum
  • Laundry: Dimensions: Mainx8, On Level: 10

Schools

  • Elementary School: Riverview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x128
  • Estimated Lot Sq Ft: 6578
  • Estimated Lot Size Acres: 0.151

Tax Info

  • Annual Taxes: 982

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Marentes Juan Roman
Bought by
Estrada1 Llc

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 30, 2021
Sold by
Wischman Fred M
Bought by
Marentes Juan R
Seller's Agent
Gail Ford
J Meyer Real Estate Services, Inc
Buyer's Agent
Gail Ford
J Meyer Real Estate Services, Inc
List Price
$35,000
Sold Price
$31,000
Premium/Discount to List
-$4,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $31,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Sold $48,000 -3.8% $45 / Sq Ft
01/09/2026 01/09/26 Pending -- -- --
12/11/2025 12/11/25 Price Changed $49,900 -9.1% $46 / Sq Ft
11/07/2025 11/07/25 Price Changed $54,900 -8.3% $51 / Sq Ft
10/06/2025 10/06/25 For Sale $59,900 +93.2% $56 / Sq Ft
04/30/2021 04/30/21 Sold $31,000 -11.4% $29 / Sq Ft View Prior Sale
03/31/2021 03/31/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $35,000 +12.9% $33 / Sq Ft
01/02/2021 01/02/21 Off Market $31,000 -- --
11/12/2020 11/12/20 For Sale $35,000 -- $33 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,045 $53,500 $6,300 $47,200
2024 $1,045 $49,100 $6,300 $42,800
2023 $954 $47,700 $6,300 $41,400
2022 $914 $45,700 $6,300 $39,400
2021 $376 $40,800 $6,300 $34,500
2020 $319 $38,800 $6,300 $32,500
2019 $290 $37,400 $6,300 $31,100
2018 $244 $34,700 $5,700 $29,000
2017 $244 $36,200 $5,700 $30,500
2016 $253 $40,300 $6,700 $33,600
2014 $259 $41,500 $6,700 $34,800
2013 $259 $40,700 $6,700 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Joe Schroder

    Seller's Agent in 2026

    Joe Schroder

    RE/MAX

    (765) 661-0327

    14 in this area

    677 Total Sales

    Joe Schroder
    Section Image
  • Sally Jenks

    Buyer's Agent in 2026

    Sally Jenks

    RE/MAX

    (765) 661-1865

    17 in this area

    169 Total Sales

    Sally Jenks
    Section Image
  • Gail Ford

    Seller's Agent in 2021

    Gail Ford

    J Meyer Real Estate Services, Inc

    (765) 661-0559

    1 in this area

    32 Total Sales

    Gail Ford
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202540438

Indiana Regional MLS

APN: 27-06-01-401-191.000-008

Indiana Grant County Marion 46953 Franklin

1420 W 5th St, Marion, IN

Sold

Detached

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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