$36,000
SOLD JUL 17, 2025

202 S Liberty St Marion, IL 62959

2 Beds
1 Bath
728 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

51% Below List Price

98 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Baseboard Heating
  • Washington Elementary School Rated A-
  • Bungalow
  • 3-minute walk to Tower Square Plaza Office Center

About This Home

As of July 2025

This income-producing property at 202 Liberty in Marion, IL, is a great opportunity for investors or anyone looking for an affordable home. Currently rented for $700 per month, this home provides steady rental income with tenants already in place, making it a turnkey investment with minimal effort required for new ownership. Marion’s rental market continues to grow, with demand for affordable housing on the rise. While the average rent in Marion is around $925 per month, this property offers an entry point for those looking to expand their rental portfolio or secure a home below market rental rates. With home values and rental prices increasing, this property has strong potential for future appreciation. This home is priced at $64K, making it a budget-friendly option for investors looking for a low-maintenance rental or a homeowner seeking an affordable property. Located in a thriving community with access to local amenities, schools, and employment opportunities, 202 Liberty offers both stability and potential for long-term growth. If you're looking for an investment property with immediate income or a home to call your own, this could be the perfect opportunity. Contact us today to learn more and schedule a showing!

Last Agent to Sell the Property

Alysa Bunting

Indigo Realty LLC Brokerage Phone: 618-952-5200 License #471020854 Listed on: 02/26/2025

Last Buyer's Agent

Christy Traylor

Indigo Realty LLC License #475199285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 85 x 85
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 728 Sq Ft Home
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Marion Elementary And Middle School
  • Marion High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hundley & Lewis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-24-229-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 49.45
  • Attribution Contact: Phone: 618-952-5200
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 728
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Other
  • Roof: Metal
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Heating: Electric, Baseboard
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Marion
  • High School: Marion
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 85 x 85
  • Parcel #: 06-24-229-003

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 571.96
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Jul 14, 2025
Sold by
Hicks Jordan
Bought by
218 Investments Llc
Seller's Agent
Alysa Bunting
Indigo Realty LLC
Buyer's Agent
Christy Traylor
Indigo Realty LLC
List Price
$74,000
Sold Price
$36,000
Premium/Discount to List
-$38,000
-51.35%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16900.06%
Original Mortgage
$36,755
Outstanding Balance
$36,755
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$7,455

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jun 15, 2022
Sold by
Tom Reichert
Bought by
Hicks Jordan
Seller's Agent
Robert Thompson
COLDWELL BANKER J. DAVID THOMPSON
Buyer's Agent
Alysa Bunting
Indigo Realty LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$29,500
Interest Rate
2.95%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $36,000 None Listed On Document
Warranty Deed $35,000 Aden Shane
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $36,755 New Conventional
Previous Owner $29,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $36,000 -20.0% $49 / Sq Ft
05/02/2025 05/02/25 Price Changed $45,000 -29.7% $62 / Sq Ft
03/12/2025 03/12/25 Price Changed $64,000 -13.5% $88 / Sq Ft
02/26/2025 02/26/25 For Sale $74,000 +111.4% $102 / Sq Ft
06/15/2022 06/15/22 Sold $35,000 -12.3% $48 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $39,900 -- $55 / Sq Ft
Source: RMLS Alliance

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 $285 $7,380 $1,610 $5,770
2023 $572 $7,380 $1,610 $5,770
2022 $542 $7,760 $1,690 $6,070
2021 $529 $7,480 $1,630 $5,850
2020 $529 $7,070 $1,540 $5,530
2019 $537 $7,070 $1,540 $5,530
2018 $537 $7,070 $1,540 $5,530
2017 $527 $7,070 $1,540 $5,530
2015 $511 $6,700 $1,460 $5,240
2013 $434 $6,700 $1,460 $5,240
2012 $434 $6,700 $1,460 $5,240
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB456900

RMLS Alliance

APN: 06-24-229-003