225 N E St Marion, IN 46952
Estimated payment $580/month
Total Views
1,033
3
Beds
2.5
Baths
2,008
Sq Ft
$45
Price per Sq Ft
Highlights
- Hot Property
- Fenced Yard
- Ceiling Fan
- Corner Lot
- Enclosed patio or porch
- Baseboard Heating
About This Home
Well-maintained duplex located in North Marion offering a great investment opportunity! Unit 1 features two bedrooms, one and a half bathrooms, a spacious living room, large kitchen, and a charming enclosed porch. This unit is currently leased through July 31, 2025, bringing in $850 per month. Tenant pays gas and electric. Please note, the appliances in Unit 1 do not remain, but an additional washer and dryer set located in the basement can be swapped out for the current set in the kitchen. Unit 2 comes fully furnished—from the Sleep Number bed down to the dishes—and everything remains. It is currently rented at $700 per month on a newly signed one-year lease. Unit 2 is total electric, and the owner pays the electric bill. Owner also pays water for both units. Additional features include a fenced-in backyard, basement for extra storage, and washer and dryer hookups in both units. Recent updates include fresh interior paint, roof and shed improvements, fence work, and updated landscaping. A solid duplex with great income potential!
Listing Agent
Nicholson Realty 2.0 LLC Brokerage Phone: 765-618-6367 Listed on: 06/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $954
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 40x66
- Fenced Yard
- Corner Lot
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 2,008 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in Kitchen
- Washer Hookup
Partially Finished Basement
- Laundry in Basement
- Crawl Space
Outdoor Features
- Enclosed patio or porch
Schools
- Riverview/Justice Elementary School
- Mcculloch/Justice Middle School
- Marion High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- The owner pays for electric, water
- Assessor Parcel Number 27-07-06-203-066.000-002
Community Details
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,920
- Insurance Expense $1,024
- Maintenance Expense $2,500
- Water Sewer Expense $1,380
Additional Features
- 2 Units
- Community Storage Space
Map
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Home Values in the Area
Average Home Value in this Area
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 | $954 | $47,700 | $3,400 | $44,300 |
| 2023 | $888 | $44,400 | $3,400 | $41,000 |
| 2022 | $858 | $42,900 | $3,300 | $39,600 |
| 2021 | $772 | $38,600 | $3,300 | $35,300 |
| 2020 | $738 | $36,900 | $3,300 | $33,600 |
| 2019 | $752 | $37,600 | $3,300 | $34,300 |
| 2018 | $734 | $36,700 | $3,300 | $33,400 |
| 2017 | $181 | $36,600 | $3,300 | $33,300 |
| 2016 | $732 | $36,600 | $3,300 | $33,300 |
| 2014 | $732 | $36,600 | $3,300 | $33,300 |
| 2013 | $732 | $36,600 | $3,300 | $33,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2025 06/21/25 | For Sale | $89,900 | -- | $45 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $19,000 | Credit Line Revolving | |
| Closed | $25,000 | Unknown |
Source: Public Records
Similar Homes in Marion, IN
Source: Indiana Regional MLS
MLS Number: 202523838
APN: 27-07-06-203-066.000-002
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