NOT LISTED FOR SALE

3131 S Adams St Marion, IN 46953

The Village Neighborhood

Estimated Value: $70,000 - $98,786

3 Beds
3 Baths
1,656 Sq Ft
$49/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $7,300 $4 Per Sq Ft

Est. 1,019% increase in value since last sale

Current estimated payment $540/month

47 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Eat-In Kitchen
  • Corner Lot
  • 3 Car Detached Garage
  • Brick Flooring

About This Home

As of June 2016

3 Unit Investment property. Main level unit with 2 bedrooms, kitchen and full bath. Upstairs unit with 1 bedroom, kitchen and full bath. Apartment over garage needs work with one bedroom, kitchen and full bath. Garage has several overhead doors. Ample parking off street on 31st St. Bank Owned, Selling As Is.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Brick Flooring
  • Eat-In Kitchen
  • Washer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-18-104-099.000-002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 65 GEO W STEELES
  • Parcel Number ID: 27-07-18-104-099.000-002
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Porch Covered, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 47.4
  • Special Features: None

Interior Features

  • Total Sq Ft: 1656
  • Total Finished Sq Ft: 1656
  • Above Grade Finished Sq Ft: 1656
  • Price Per Sq Ft: 4.41
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Brick
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Gas Company: Vectren Energy
  • Water Company: Marion Utilities
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Marion Community Schools
  • Elementary School: Marion Community
  • Middle School: Marion Community
  • High School: Marion

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 50 x 132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Property Tax: 926

Multi Family

  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2017
Sold by
Watson Homes Llc
Bought by
Paul Rapa
Total Days on Market
47
Current Estimated Value
$81,697

Purchase Details

Closed on
Aug 26, 2016
Sold by
Zeusforeclosures Llc
Bought by
Watson Homes Llc
Source: Public Records

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Range of Values:

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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
Paul Rapa $10,100 --
Rapa Paul $10,099 Watson Homes Llc
Watson Homes Llc -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $7,300 -52.6% $4 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $15,400 -- $9 / 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 $970 $48,500 $6,300 $42,200
2023 $1,092 $54,600 $6,300 $48,300
2022 $862 $43,100 $4,500 $38,600
2021 $884 $44,200 $4,800 $39,400
2020 $884 $44,200 $4,800 $39,400
2019 $812 $40,600 $4,800 $35,800
2018 $786 $39,300 $4,800 $34,500
2017 $1,122 $42,600 $7,300 $35,300
2016 $944 $47,200 $7,300 $39,900
2014 $948 $47,400 $7,300 $40,100
2013 $948 $50,100 $7,300 $42,800
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201612098

Indiana Regional MLS

APN: 27-07-18-104-099.000-002

Indiana Grant County Marion 46953 The Village

3131 S Adams St, Marion, IN

This home is located at 3131 S Adams St, Marion, IN 46953 since 25 March 2016 and is currently estimated at $81,697, approximately $49 per square foot. This property was built in 1900. 3131 S Adams St is a home located in Grant County with nearby schools including Allen 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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