$30,000
SOLD NOV 4, 2024
4 Beds
4 Baths
2,336 Sq Ft
4,686 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

33% Below List Price

27 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Clif­ford Townsend Park

About This Home

As of November 2024

Welcome to 204 S Race St. Marion, IN! A rough gem in need of some TLC. This four-plex Multifamily home has been cleared of all debris and is read for a full Remodel. Perfect for anyone looking to invest in a city that is refocused on improving and growing. Home is Four one-bedroom units, each with their own bathroom and kitchen areas. This project is not for the Faint of heart, home is in need of all new everything. Recommend stripping this beauty to the studs and starting over to make your investment dream come true. Don't miss out on this great property in the heart of downtown Marion.

Last Agent to Sell the Property

Jorge Flores

Coldwell Banker Real Estate Group Brokerage Phone: 260-255-4281 Listed on: 09/28/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Joe Schroder

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,686 Sq Ft Lot
  • Lot Dimensions are 66' x 71'
  • Corner Lot
  • Zoning described as CB- Central Business.

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 27-07-06-301-023.000-002

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Total Number of Rooms: 14
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-07-1700 71' E/END LOT 94 WHITES 6TH ADD
  • Parcel Number ID: 27-07-06-301-023.000-002
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 66.67
  • Zoning Description: CB- Central Business.
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2336
  • Total Finished Sq Ft: 2336
  • Above Grade Finished Sq Ft: 2336
  • Price Per Sq Ft: 12.84
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 13x15, On Level: Main
  • Bedroom 3: Dimensions: 8x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

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

Utilities

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

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66' x 71'
  • Estimated Lot Sq Ft: 4686
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Canela Norberto Rafael
Bought by
204 S Race Trust
Current Estimated Value
$35,667

Purchase Details

Closed on
May 2, 2025
Sold by
Martin Brandy
Bought by
Canela Norberto Rafael

Purchase Details

Closed on
Feb 27, 2025
Sold by
Dube Jocelyn
Bought by
Martin Brandy

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 4, 2024
Sold by
Morelos Home Services Llc
Bought by
Dube Jocelyn
Seller's Agent
Jorge Flores
Coldwell Banker Real Estate Group
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.87%

Purchase Details

Closed on
Oct 5, 2023
Sold by
Clever Girl Real Estate Solutions Llc
Bought by
Morelos Home Services Llc

Purchase Details

Closed on
Oct 4, 2023
Sold by
Ramos Realty Llc
Bought by
Clever Girl Real Estate Solutions Llc

Purchase Details

Closed on
Nov 17, 2022
Sold by
Mainstay Property Group Llc
Bought by
Ramos Realty Llc

Purchase Details

Closed on
May 24, 2022
Sold by
Monjardim Goncalves Antonio
Bought by
Mainstay Property Group Llc

Purchase Details

Closed on
Jun 5, 2018
Sold by
Allied Indiana Investment
Bought by
Moniardim-Goncalves A

Purchase Details

Closed on
May 29, 2018
Sold by
Allied Llc
Bought by
Monjardim Goncalves Antonio

Purchase Details

Closed on
Jan 26, 2015
Sold by
Elkins Edwin
Bought by
Elkins Edwin and Drake James

Purchase Details

Closed on
Jul 22, 2014
Sold by
Kw Rentals Inc
Bought by
Elkins Edwin M

Purchase Details

Closed on
Mar 24, 2009
Sold by
Livingston Kelly
Bought by
Wine Howard

Purchase Details

Closed on
Oct 20, 2008
Sold by
Phillips John W and Phillips Sandra K
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Oct 7, 2008
Sold by
Himelick Darrell L
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jan 10, 2006
Sold by
Miller Rodney J and Miller Billie W
Bought by
Phillips John W and Phillips Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- Near North Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $30,000 None Listed On Document
Warranty Deed $28,001 None Listed On Document
Warranty Deed $28,001 None Listed On Document
Warranty Deed -- --
Warranty Deed $3,000 None Listed On Document
Quit Claim Deed -- --
Deed $2,300 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $6,000 Servicelink
Limited Warranty Deed -- None Available
Sheriffs Deed $17,910 None Available
Warranty Deed $17,910 Nelson & Frankenberger
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $21,500 New Conventional
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $30,000 -33.3% $13 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $45,000 -- $19 / 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 $396 $19,800 $5,900 $13,900
2023 $374 $18,700 $5,900 $12,800
2022 $362 $18,100 $5,700 $12,400
2021 $246 $12,300 $5,700 $6,600
2020 $240 $12,000 $5,700 $6,300
2019 $236 $11,800 $5,700 $6,100
2018 $202 $10,100 $5,700 $4,400
2017 $746 $10,300 $5,700 $4,600
2016 $841 $29,900 $5,700 $24,200
2014 $598 $29,900 $5,700 $24,200
2013 $598 $23,400 $5,700 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202437654

Indiana Regional MLS

APN: 27-07-06-301-023.000-002