NOT LISTED FOR SALE

1516 W 3rd St Marion, IN 46952

Franklin Neighborhood

Estimated Value: $53,000 - $125,000

4 Beds
2 Baths
1,676 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $9,000 $5 Per Sq Ft

Est. 912% increase in value since last sale

Current estimated payment $510/month

1 Day on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Franklin Park
  • Partially Carpeted

About This Home

As of May 2024

Handyman special! With two electric meters on the home and with separate entrances, this former converted duplex is in need of extensive renovations with 2 beds, 1 bath each unit. At one point this appears to have been a single family home. The interior stairs connecting both units is blocked off but could be made accessible again. All visiting parties must sign liability waivers before entering the property.

Last Agent to Sell the Property

Jonah Hartsburg

Hoosier Hub Realty LLC Brokerage Phone: 812-221-1254 Listed on: 04/26/2024

Last Buyer's Agent

Jonah Hartsburg

Hoosier Hub Realty LLC Brokerage Phone: 812-221-1254 Listed on: 04/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1939

Lot Details

  • 7,740 Sq Ft Lot
  • Lot Dimensions are 43x180
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Duplex

Interior Spaces

  • 1,676 Sq Ft Home
  • 2-Story Property
  • Partially Carpeted
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • The owner pays for maintenance
  • Assessor Parcel Number 27-06-01-401-043.000-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$318

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Age: 85
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 15-04-957 LOT 22 IVANHOE ADD MP 0601-401-043.000
  • Parcel Number ID: 27-06-01-401-043.000-008
  • Platted: Yes
  • Sp Lp Percent: 94.74
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1676
  • Total Finished Sq Ft: 1676
  • Above Grade Finished Sq Ft: 1676
  • Price Per Sq Ft: 5.37
  • Basement Foundation: Crawl
  • Flooring: Part Carpet

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Other Heating Fuel, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2

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: Level
  • Lot Dimensions: 43X180
  • Estimated Lot Sq Ft: 7740
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 22

Rental Info

  • Owner Pays: Maintenance

Tax Info

  • Total Assessed Value: 9700

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

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 26, 2024
Closed on
May 15, 2024
Sold by
Kensington International Holdings Llc and Kensington International Holding Llc
Bought by
Hawkins Alicia
Seller's Agent
Jonah Hartsburg
Hoosier Hub Realty LLC
Buyer's Agent
Jonah Hartsburg
Hoosier Hub Realty LLC
List Price
$9,500
Sold Price
$9,000
Premium/Discount to List
-$500
-5.26%
Views
11
Current Estimated Value
$91,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,123
Avg. Annual Appreciation
435.23%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hawkins Alicia $9,000 None Listed On Document
Not Provided $38,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $9,000 -5.3% $5 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $9,500 -- $6 / 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 $318 $15,900 $5,900 $10,000
2023 $194 $9,700 $5,900 $3,800
2022 $194 $9,700 $5,900 $3,800
2021 $194 $9,700 $5,900 $3,800
2020 $194 $9,700 $5,900 $3,800
2019 $194 $9,700 $5,900 $3,800
2018 $194 $9,700 $5,300 $4,400
2017 $236 $11,800 $5,300 $6,500
2016 $943 $17,700 $5,300 $12,400
2014 $922 $46,100 $5,300 $40,800
2013 $922 $45,200 $5,300 $39,900
Source: Public Records

Agents Affiliated with this Home

  • Jonah Hartsburg

    Seller's Agent in 2024

    Jonah Hartsburg

    Hoosier Hub Realty LLC

    (317) 300-4688

    1 in this area

    39 Total Sales

    Jonah Hartsburg
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202414281

Indiana Regional MLS

APN: 27-06-01-401-043.000-008

Indiana Grant County Marion 46952 Franklin

1516 W 3rd St, Marion, IN

This home is located at 1516 W 3rd St, Marion, IN 46952 since 26 April 2024 and is currently estimated at $91,123, approximately $54 per square foot. This property was built in 1939. 1516 W 3rd 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.

Nearby Homes