NOT LISTED FOR SALE

2405 S Washington St Marion, IN 46953

Center City Neighborhood

Estimated Value: $68,000 - $108,735

2 Beds
2 Baths
1,390 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $43,000 $31 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $558/month

261 Days on Market

Highlights

  • 1 Car Detached Garage
  • Ceiling Fan
  • Carpet
  • Central Air
  • Level Lot
  • 3-minute walk to Giving Grace Fitness Park

About This Home

As of August 2019

Immaculate condition, dry basements under both units. Each Unit has 2 bedrooms and living room dining room, kitchen with stove & refrigerator. Bath Upstairs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1900

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 48 x 132
  • Level Lot

Home Design

  • Duplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Central Air
  • Window Unit Cooling System
  • Gravity Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 27-07-07-403-084.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-27-7041 LOT 60 WM BALDWINS 2ND ADD |
  • Parcel Number ID: 27-07-07-403-084.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 78.32
  • Special Features: None

Interior Features

  • Total Sq Ft: 1795
  • Total Finished Sq Ft: 1390
  • Above Grade Finished Sq Ft: 990
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 405
  • Price Per Sq Ft: 43.43
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 805
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Gravity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, Vectren Corp
  • Water Company: Marion Utilities
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48 x 132
  • Estimated Lot Sq Ft: 6316
  • Estimated Lot Size Acres: 0.145

Rental Info

  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Aug 15, 2019
Sold by
Habiby Delores J
Bought by
Humphries Russell K and Humphries Rhonda G
List Price
$72,500
Sold Price
$43,000
Premium/Discount to List
-$29,500
-40.69%
Current Estimated Value
$84,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,475
Avg. Annual Appreciation
11.67%
Original Mortgage
$43,000
Outstanding Balance
$29,327
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$53,953

Purchase Details

Closed on
Aug 31, 2007
Sold by
Habiby Delores J and Farrell Patricia A
Bought by
Habiby Delores J and Farrell Patricia A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Humphries Russell K $43,000 Grant County Abstract
Habiby Delores J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphries Russell K $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $43,000 -21.7% $31 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $54,900 -24.3% $39 / Sq Ft
03/13/2019 03/13/19 For Sale $72,500 0.0% $52 / Sq Ft
03/13/2019 03/13/19 Price Changed $72,500 +68.6% $52 / Sq Ft
03/01/2019 03/01/19 Off Market $43,000 -- --
10/23/2018 10/23/18 For Sale $74,500 -- $54 / 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 $1,136 $56,800 $4,300 $52,500
2023 $1,128 $56,400 $4,300 $52,100
2022 $1,128 $56,400 $4,300 $52,100
2021 $926 $46,300 $4,300 $42,000
2020 $946 $47,300 $4,300 $43,000
2019 $946 $47,300 $4,300 $43,000
2018 $992 $49,600 $4,300 $45,300
2017 $488 $54,500 $4,300 $50,200
2016 $459 $53,200 $4,300 $48,900
2014 $460 $53,400 $4,300 $49,100
2013 $460 $52,700 $4,300 $48,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201847776

Indiana Regional MLS

APN: 27-07-07-403-084.000-002

Indiana Grant County Marion 46953 Center City

2405 S Washington St, Marion, IN

This home is located at 2405 S Washington St, Marion, IN 46953 since 23 October 2018 and is currently estimated at $90,184, approximately $64 per square foot. This property was built in 1900. 2405 S Washington St is a home located in Grant County with nearby schools including Frances Slocum Elementary School, John L. McCulloch Junior High School, and Justice Thurgood Marshall Intermediate School.

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 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.

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