NOT LISTED FOR SALE

225 N E St Marion, IN 46952

Estimated Value: $79,644 - $114,000

3 Beds
2.5 Baths
2,008 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2025

Last sale price $90,008 $45 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $584 / mo

32 Days on Market

Highlights

  • Corner Lot
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Fenced Yard
  • Ceiling Fan
  • Community Storage Space

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Alexis Johnson

Nicholson Realty 2.0 LLC Brokerage Phone: 765-618-6367 Listed on: 06/21/2025

Last Buyer's Agent

Susan Reese

F.C. Tucker Realty Center

F.C. Tucker Realty Center

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

  • 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

  • Tenant pays for electric, heating
  • The owner pays for electric, water
  • Assessor Parcel Number 27-07-06-203-066.000-002

Community Details

Pet Policy

  • Pets Allowed with Restrictions

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 16-09-2127.01 40' S/SD LOT 182 R J SPENCERS 3RD ADD
  • Parcel Number ID: 27-07-06-203-066.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Storage, Countertops-Laminate, Porch Enclosed, Water Heater Electric, Washer Hook-Up
  • Parcel Id2: 0706-203-066.000-16
  • Special Features: None

Interior Features

  • Total Sq Ft: 2008
  • Total Finished Sq Ft: 2008
  • Above Grade Finished Sq Ft: 2008
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2008
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Water Company: Marion Utilities
  • Annual Electric: 1920
  • Annual Insurance Expense: 1024
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 1380
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Riverview/Justice

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 40x66
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 954

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2025
Closed on
Sep 25, 2025
Sold by
Bought by
Seller's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
Buyer's Agent
Susan Reese
F.C. Tucker Realty Center
List Price
$89,900
Sold Price
$90,008
Premium/Discount to List
$108
0.12%
Views
104
Current Estimated Value
$93,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,903
Avg. Annual Appreciation
4.83%
Original Mortgage
$72,800
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2025
Closed on
Jul 29, 2025
Sold by
Bought by
Seller's Agent
Alexis Johnson
Nicholson Realty 2.0 LLC
Buyer's Agent
Susan Reese
F.C. Tucker Realty Center
List Price
$89,900
Sold Price
$90,008
Premium/Discount to List
$108
0.12%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.04%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $72,800
Previous Owner $25,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/29/2025 07/29/25 Sold $90,008 +0.1% $45 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $89,900 -- $45 / Sq Ft
Source: Indiana Regional MLS

Tax 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.

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 $918 $45,900 $3,400 $42,500
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

Agents Affiliated with this Home

  • Alexis Johnson

    Seller's Agent in 2025

    Alexis Johnson

    Nicholson Realty 2.0 LLC

    (765) 618-6367

    194 Total Sales

    Alexis Johnson
    Section Image
  • Susan Reese

    Buyer's Agent in 2025

    Susan Reese

    F.C. Tucker Realty Center

    (765) 517-1514

    209 Total Sales

    Susan Reese
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202523838

Indiana Regional MLS

APN: 27-07-06-203-066.000-002

Indiana Grant County Marion 46952

225 N E St, Marion, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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