NOT LISTED FOR SALE

1501 W Nelson St Marion, IN 46952

Franklin Neighborhood

Estimated Value: $68,000 - $74,000

2 Beds
1.5 Baths
1,056 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $60,000 $57 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $495/month

17 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • 2-minute walk to Franklin Park

About This Home

As of February 2023

This Cute Corner Lot Home Has Been Remodeled !! 2 Bedroom, 1.5 Bath With A Detached Garage !! Great Size Back Yard That Is Privacy Fenced ! All New Vinyl Plank Flooring Throughout The House, New Carpet In All Of The Bedrooms! Bathrooms Have Brand New Vanities And Toilets, Also A Beautifully Tiled Surround ! Kitchen Has Brand New Counter Tops With White Subway Tile Backsplash ! Great Starter Home!

Last Agent to Sell the Property

Kayla Poling

F.C. Tucker Realty Center Listed on: 12/22/2022

F.C. Tucker Realty Center

Last Buyer's Agent

Cindy Korporal

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1926

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x131
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Frances Slocum/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • M R E Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-06-01-104-171.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1926
  • Age: 97
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 15-08-1927 LOT 790 MRE COS 1ST ADD
  • Parcel Number ID: 27-06-01-104-171.000-008
  • Platted: Yes
  • Sp Lp Percent: 80
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1056
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Price Per Sq Ft: 56.82
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 16x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x28
  • Garage Sq Ft: 616
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x131
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Tax Info

  • Annual Taxes: 980

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
Dec 22, 2022
Closed on
Feb 10, 2023
Sold by
Saunders Angela
Bought by
Mccall Brooke
Seller's Agent
Kayla Poling
F.C. Tucker Realty Center
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
44
Current Estimated Value
$71,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,988
Avg. Annual Appreciation
8.22%
Original Mortgage
$48,000
Outstanding Balance
$46,705
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$25,989

Purchase Details

Closed on
Dec 29, 2021
Sold by
Grant County State Bank
Bought by
Jmax Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 17, 2021
Sold by
Nevels Reggie E
Bought by
Grant County State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2021
Sold by
Unknown
Bought by
Grant County State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2017
Sold by
Humphries Russell
Bought by
Gibbs Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.1%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
Jun 29, 2016
Closed on
Feb 20, 2017
Sold by
Humphries Russell
Bought by
Humphries Russell and Humphries Rhonda
Seller's Agent
Jason Wuertley
Point1 Realty
Buyer's Agent
Linda Robinson
Central Indiana Homes, LLC
List Price
$25,000
Sold Price
$9,100
Premium/Discount to List
-$15,900
-63.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.03%
Original Mortgage
$20,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 29, 2016
Closed on
Feb 17, 2017
Sold by
Secretary Development
Bought by
Russell Humphries
Seller's Agent
Jason Wuertley
Point1 Realty
Buyer's Agent
Linda Robinson
Central Indiana Homes, LLC
List Price
$25,000
Sold Price
$9,100
Premium/Discount to List
-$15,900
-63.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 29, 2016
Closed on
Feb 14, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Humphries Russell
Seller's Agent
Jason Wuertley
Point1 Realty
Buyer's Agent
Linda Robinson
Central Indiana Homes, LLC
List Price
$25,000
Sold Price
$9,100
Premium/Discount to List
-$15,900
-63.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2015
Sold by
Wilfong Dec Dec
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 17, 2001
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
Mccall Brooke $40,000 --
Saunders Angela $40,000 --
Jmax Properties Llc -- None Listed On Document
Grant County State Bank $32,131 None Listed On Document
Grant County State Bank $32,131 None Available
Gibbs Gary L $25,000 --
Gibbs Gary L -- None Available
Humphries Russell -- None Available
Russell Humphries $9,100 --
Humphries Russell -- None Available
Citimortgage Inc $34,440 None Available
Not Provided $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Brooke $48,000
Previous Owner Jmax Properties Llc $0
Previous Owner Gibbs Gary L $20,000
Previous Owner Humphries Russell $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $60,000 -20.0% $57 / Sq Ft
12/22/2022 12/22/22 For Sale $75,000 +724.2% $71 / Sq Ft
02/20/2017 02/20/17 Sold $9,100 -63.6% $9 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
06/29/2016 06/29/16 For Sale $25,000 -- $24 / 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 $1,170 $58,500 $5,900 $52,600
2023 $1,146 $57,300 $5,900 $51,400
2022 $1,098 $54,900 $5,900 $49,000
2021 $980 $49,000 $5,900 $43,100
2020 $730 $36,500 $5,900 $30,600
2019 $702 $35,100 $5,900 $29,200
2018 $652 $32,600 $5,300 $27,300
2017 $678 $33,900 $5,300 $28,600
2016 $1,050 $52,500 $6,200 $46,300
2014 $1,078 $53,900 $6,200 $47,700
2013 $1,078 $52,800 $6,200 $46,600
Source: Public Records

Agents Affiliated with this Home

  • Kayla Poling

    Seller's Agent in 2023

    Kayla Poling

    F.C. Tucker Realty Center

    (765) 667-0632

    3 in this area

    258 Total Sales

    Kayla Poling
    Section Image
  • Cindy Korporal

    Buyer's Agent in 2023

    Cindy Korporal

    RE/MAX

    (765) 251-0105

    7 in this area

    231 Total Sales

    Cindy Korporal
    Section Image
  • Jason Wuertley

    Seller's Agent in 2017

    Jason Wuertley

    Point1 Realty

    (765) 661-7934

    1 in this area

    61 Total Sales

    Jason Wuertley
    Section Image
  • Linda Robinson

    Seller Co-Listing Agent in 2017

    Linda Robinson

    Central Indiana Homes, LLC

    (765) 661-8767

    2 in this area

    69 Total Sales

    Linda Robinson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202250253

Indiana Regional MLS

APN: 27-06-01-104-171.000-008

Indiana Grant County Marion 46952 Franklin

1501 W Nelson St, Marion, IN

This home is located at 1501 W Nelson St, Marion, IN 46952 since 22 December 2022 and is currently estimated at $71,988, approximately $68 per square foot. This property was built in 1926. 1501 W Nelson St 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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