NOT LISTED FOR SALE

1601 W 5th St Marion, IN 46953

Franklin Neighborhood

Estimated Value: $89,874 - $97,000

3 Beds
1 Bath
1,712 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $23,000 $13 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $613/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Franklin Park
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of July 2023

Great opportunity to buy this 2 story fixer upper located in Marion, IN and sitting on a 33x126 lot with a detached garage. The interior has 1712 sq. ft. with 3 bedrooms and 1.5 bathrooms.

Last Agent to Sell the Property

Aaron Brailer

REALHOME Services and Solutions, Inc Brokerage Email: val.laborevitch@rhss.com Listed on: 06/27/2023

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,158 Sq Ft Lot
  • Lot Dimensions are 33x126
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-06-01-402-182.000-008

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 113
  • Style: Detached
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 15-04-856 LOT 34 WM FEIGHNERS 1ST ADD MP 0601-402-182.000
  • Parcel Number ID: 27-06-01-402-182.000-008
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: 1092

Interior Features

  • Total Sq Ft: 1712
  • Total Finished Sq Ft: 1712
  • Above Grade Finished Sq Ft: 1712
  • Price Per Sq Ft: 13.43
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1712
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x15
  • Garage Sq Ft: 150
  • Garage: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public

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: 33X126
  • Estimated Lot Sq Ft: 4158
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 34

Tax Info

  • Annual Taxes: 1316
  • Total Assessed Value: 57500

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
Jun 27, 2023
Closed on
Jul 25, 2023
Sold by
Morgan Stanley Abs Cap I Inc T and Wells Fargo Bank Na
Bought by
Marie Jean Francois Jea and Marie Rolande Jean
Seller's Agent
Aaron Brailer
REALHOME Services and Solutions, Inc
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$27,600
Sold Price
$23,000
Premium/Discount to List
-$4,600
-16.67%
Views
38
Current Estimated Value
$93,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,469
Avg. Annual Appreciation
89.69%

Purchase Details

Closed on
Oct 26, 2022
Sold by
Grant County
Bought by
Wells Fargo Bank Na
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
Marie Jean Francois Jea $23,000 None Listed On Document
Wells Fargo Bank Na $42,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $23,000 -16.7% $13 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $27,600 -- $16 / 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 $1,404 $70,200 $4,000 $66,200
2023 $1,376 $68,800 $4,000 $64,800
2022 $1,316 $65,800 $4,000 $61,800
2021 $423 $57,500 $4,000 $53,500
2020 $352 $54,300 $4,000 $50,300
2019 $334 $54,600 $4,000 $50,600
2018 $275 $50,700 $3,600 $47,100
2017 $282 $53,400 $3,600 $49,800
2016 $268 $54,200 $4,200 $50,000
2014 $279 $56,300 $4,200 $52,100
2013 $279 $55,200 $4,200 $51,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aaron Brailer

    REALHOME Services and Solutions, Inc

    (888) 876-3372

    1 in this area

    611 Total Sales

    Aaron Brailer
    Section Image

  • R

    Buyer's Agent in 2023

    RACI NonMember

    NonMember RACI

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202322231

Indiana Regional MLS

APN: 27-06-01-402-182.000-008

Indiana Grant County Marion 46953 Franklin

1601 W 5th St, Marion, IN

This home is located at 1601 W 5th St, Marion, IN 46953 since 27 June 2023 and is currently estimated at $93,469, approximately $54 per square foot. This property was built in 1910. 1601 W 5th 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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