NOT LISTED FOR SALE

2374 S 500 E Marion, IN 46953

Estimated Value: $339,275 - $384,000

3 Beds
1 Bath
2,240 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $197,500 $88 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,140/month

173 Days on Market

Highlights

  • 24.15 Acre Lot
  • 2 Car Detached Garage
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

24 acres with apprx. 9 acres tillable the rest is rolling and wooded. Older 1 1/2 story home which needs some updates. Large pole barn with finished area for shop or recreation. Two car detached garage. Small pond. Lots of possibilities here!!! Dormitory upper level has hardwood floors, plaster walls, no heat source.

Last Agent to Sell the Property

Jim Nicholson

Nicholson Realty 2.0 LLC Listed on: 09/27/2017

Last Buyer's Agent

Susan Reese

F.C. Tucker Realty Center

F.C. Tucker Realty Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1950

Lot Details

  • 24.15 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-07-23-100-001.500-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT E; NE SEC 23; 24.15A |
  • Parcel Number ID: 27-07-23-100-001.500-001
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2940
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Below Grade Sq Ft: 700
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 28x14, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 40x14, On Level: Upper
  • Other Room1: back porch, Dimensions: 14x5, On Level: Main
  • Main Level Sq Ft: 1120
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 700

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Allen/Justice

Lot Info

  • Lot Description: Heavily Wooded, Irregular, Rolling, 15+
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1051974
  • Estimated Lot Size Acres: 24.15

Tax Info

  • Annual Taxes: 922.26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
May 8, 2018
Sold by
Green Delmas L
Bought by
Richard and Angela
Seller's Agent
Jim Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Susan Reese
F.C. Tucker Realty Center
List Price
$225,000
Sold Price
$197,500
Premium/Discount to List
-$27,500
-12.22%
Current Estimated Value
$357,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,319
Avg. Annual Appreciation
8.03%
Original Mortgage
$197,500
Outstanding Balance
$117,016
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$240,803
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

Date Buyer Sale Price Title Company
Richard $197,500 --
Pennington Richard D $197,500 Grant County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Richard D $197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $197,500 -12.2% $88 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $225,000 -- $100 / 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 $3,230 $236,400 $116,600 $119,800
2023 $2,796 $239,800 $113,900 $125,900
2022 $2,153 $186,700 $74,900 $111,800
2021 $1,772 $152,900 $61,800 $91,100
2020 $1,580 $149,100 $59,600 $89,500
2019 $1,475 $152,500 $61,600 $90,900
2018 $1,429 $150,100 $61,900 $88,200
2017 $920 $124,200 $44,000 $80,200
2016 $922 $125,800 $46,800 $79,000
2014 $1,065 $124,900 $48,200 $76,700
2013 $1,065 $117,900 $43,600 $74,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim Nicholson

    Nicholson Realty 2.0 LLC

    Section Image
  • Susan Reese

    Buyer's Agent in 2018

    Susan Reese

    F.C. Tucker Realty Center

    (765) 517-1514

    213 Total Sales

    Susan Reese
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201745042

Indiana Regional MLS

APN: 27-07-23-100-015.000-001

Indiana Grant County Marion 46953

2374 S 500 E, Marion, IN

Not Listed for Sale

Detached

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