NOT LISTED FOR SALE

2705 S Gallatin St Marion, IN 46953

Center City Neighborhood

Estimated Value: $37,000 - $89,000

1 Bed
2 Baths
960 Sq Ft
$61/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $10,500 $11 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $335/month

27 Days on Market

About This Home

As of March 2023

Opportunity knocking here! Currently setup to be a duplex but might also be a single family home with modifications. Downstairs unit has a large living room/bedrooms, full bathroom and kitchen. Upstairs has three rooms that could be a living room, bedroom and a kitchen, and a full bathroom. Use your imagination and make the floor plan work for you.

Last Agent to Sell the Property

Melanie White

Berkshire Hathaway Indiana Realty Listed on: 01/20/2023

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Amanda Elaine West

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1948

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Sloped Lot

Home Design

  • Duplex
  • Block Exterior

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway

Schools

  • Frances Slocum/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Wade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-07-18-102-056.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$386

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1948
  • Age: 75
  • Style: Two Story
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-21-5579 Lot 34 Wades Add
  • Parcel Number ID: 27-07-18-102-056.000-002
  • Platted: Yes
  • Sp Lp Percent: 105
  • Year Taxes Payable: 2022
  • Special Features: 20

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 10.94
  • Main Level Sq Ft: 480

Exterior Features

  • Exterior: Block
  • Stories: 2

Garage/Parking

  • Driveway: Dirt, Gravel
  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: Public
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6600
  • Estimated Lot Size Acres: 0.15

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of Efficiencies: 1

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
Jan 20, 2023
Closed on
Feb 23, 2023
Sold by
Wells Fargo Bank Na
Bought by
Baker Daniel
Seller's Agent
Melanie White
Berkshire Hathaway Indiana Realty
Buyer's Agent
Amanda Elaine West
RE/MAX Realty One
List Price
$10,000
Sold Price
$10,500
Premium/Discount to List
$500
5%
Views
294
Current Estimated Value
$55,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,880
Avg. Annual Appreciation
100.83%

Purchase Details

Closed on
Oct 26, 2022
Sold by
Grant County
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baker Daniel $10,500 Boston National Title
Wells Fargo Bank Na $4,662 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $10,500 +5.0% $11 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $10,000 -- $10 / 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 $386 $19,300 $4,500 $14,800
2023 $388 $19,400 $4,500 $14,900
2022 $0 $19,400 $4,500 $14,900
2021 $0 $20,800 $4,500 $16,300
2020 $0 $21,200 $4,500 $16,700
2019 $0 $21,200 $4,500 $16,700
2018 $0 $22,000 $4,500 $17,500
2017 $0 $22,900 $7,300 $15,600
2016 -- $22,800 $7,300 $15,500
2014 $458 $22,900 $7,300 $15,600
2013 $458 $24,000 $7,300 $16,700
Source: Public Records

Agents Affiliated with this Home

  • Melanie White

    Seller's Agent in 2023

    Melanie White

    Berkshire Hathaway Indiana Realty

    (765) 881-5451

    1 in this area

    47 Total Sales

    Section Image
  • Amanda Elaine West

    Buyer's Agent in 2023

    Amanda Elaine West

    RE/MAX

    (614) 551-2389

    4 in this area

    135 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202302063

Indiana Regional MLS

APN: 27-07-18-102-056.000-002

Indiana Grant County Marion 46953 Center City

2705 S Gallatin St, Marion, IN

This home is located at 2705 S Gallatin St, Marion, IN 46953 since 20 January 2023 and is currently estimated at $58,632, approximately $61 per square foot. This property was built in 1948. 2705 S Gallatin 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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