$2,500,000

Estimated payment $13,704/month

Total Views 28
33 Beds
24 Baths
7,053 Sq Ft
$354 Price per Sq Ft

Highlights

  • 0.4 Acre Lot
  • Elevator
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Home Security System
  • 1-minute walk to Marion Parks & Recreation Department

About This Home

These historic apartments are full of unique features and right downtown in the epicenter of Marion. Conveniently located by the YMCA, delicious local restaurants and creative local small businesses in the Riverfront District, The Castle Apartments are perfect for anyone wanting to be in the center of the action. There are 11 - 2-bedrooms, 11 - 1-bedrooms, 1 Studio and 1 Office space. There are 4 - 1-bedrooms and 1 - 2-bedrooms furnished apartments in the building ready for extended stay or short-term rental. In the basement of the Castle Apartments there is room for bar/restaurant with a liquor license available.

Listing Agent

Derek Eisenberg

Continental Real Estate Group Listed on: 05/11/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1904

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 132x132
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 24 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 38 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for alarm, electric, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-06-401-037.000-002

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • 33 Units
  • Elevator

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,296

Year Built

Built in 1904

Lot Details

0.4 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1904
  • Style: Multi-Story (3+)
  • Bedrooms: 33
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: 16-01-53 & 52 LOTS 5 & 6 O P BLK 10 MP 0706-401-037.000
  • Parcel Number ID: 27-07-06-401-037.000-002
  • Platted: Yes
  • Amenities: Alarm System-Security, Detector-Smoke, Elevator, Fire Sprinkler System
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 7053
  • Total Finished Sq Ft: 7053
  • Above Grade Finished Sq Ft: 4702
  • Below Grade Finished Sq Ft: 2351
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood, Tile
  • Total Below Grade Sq Ft: 2351
  • Number Of Disposals: 33
  • Number Of Microwaves: 33
  • Number Of Ranges Ovens: 33

Exterior Features

  • Exterior: Brick
  • Stories: 4

Garage/Parking

  • Number Of Parking Spaces: 38

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Riverview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 132X132
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Rental Info

  • Owner Pays: Alarm, Electric, Lawn Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 4296

Multi Family

  • Number Of Dishwashers: 33
  • Number Of Refrigerators: 33
  • Number Of Units: 33
  • Num Of1 Bedrooms: 11
  • Num Of2 Bedrooms: 22
  • Num Of Efficiencies: 2

MLS Schools

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

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $4,296 $214,800 $19,200 $195,600
2024 $4,296 $214,800 $23,400 $191,400
2023 $3,836 $191,800 $52,300 $139,500
2022 $3,836 $191,800 $52,300 $139,500
2021 $3,274 $163,700 $52,300 $111,400
2020 $3,274 $163,700 $52,300 $111,400
2019 $3,274 $288,300 $52,300 $236,000
2018 $5,762 $288,100 $52,300 $235,800
2017 $6,066 $303,300 $52,300 $251,000
2016 $6,066 $303,300 $52,300 $251,000
2014 $7,568 $378,400 $79,200 $299,200
2013 $7,568 $378,400 $79,200 $299,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2026 05/11/26 For Sale $2,500,000 -- $354 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $177,550 None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202617624

Indiana Regional MLS

APN: 27-07-06-401-037.000-002

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