NOT LISTED FOR SALE

3502 S Boots St Marion, IN 46953

South Marion Neighborhood

Estimated Value: $53,000 - $127,000

4 Beds
3 Baths
1,916 Sq Ft
$43/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $31,000 $16 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $529/month

186 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Baseboard Heating
  • Corner Lot
  • Luxury Vinyl Tile Flooring

About This Home

As of March 2024

Three Units. Long time tenant in Unit # 2, 11 years pays $200/monthly. Unit # 1, 7 months, pays $300/monthly. Unit # 3, vacant. Tenants pay own electric and gas. Owner pays water/sewer/trash (average is $98.49 monthly). Selling as is. Same owner several years and now lives out of state.

Last Agent to Sell the Property

Linda Kitts

Kitts Realty Brokerage Phone: 765-661-1069 Listed on: 08/21/2023

Last Buyer's Agent

Christy Dechert

The Hardie Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 86
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Public Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, heating
  • The owner pays for tax, trash collection, water
  • Assessor Parcel Number 27-07-18-402-103.000-002

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $1,200

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: 124
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: E 1/2 LOT 465 WINCHELS 3RD ADD
  • Parcel Number ID: 27-07-18-402-103.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 77.69
  • Monthly Gross Income: 500
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1916
  • Total Finished Sq Ft: 1916
  • Above Grade Finished Sq Ft: 1916
  • Price Per Sq Ft: 16.18
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1048
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Public, Street

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Annual Insurance Expense: 500
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Water Meters: 1

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: Corner, Level
  • Lot Dimensions: 50 X 86
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Heating

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 950

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
Aug 21, 2023
Closed on
Mar 4, 2024
Sold by
Ellis Carolyn D and Puckett David
Bought by
383 Holdings Llc
Seller's Agent
Linda Kitts
Kitts Realty
Buyer's Agent
Christy Dechert
The Hardie Group
List Price
$49,900
Sold Price
$31,000
Premium/Discount to List
-$18,900
-37.88%
Views
125
Current Estimated Value
$82,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,839
Avg. Annual Appreciation
84.84%
Source: Public Records

Range of Values:

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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
383 Holdings Llc $31,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 Sold $31,000 -22.3% $16 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
11/20/2023 11/20/23 Price Changed $39,900 -11.1% $21 / Sq Ft
10/19/2023 10/19/23 Price Changed $44,900 -10.0% $23 / Sq Ft
08/21/2023 08/21/23 For Sale $49,900 -- $26 / 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 $1,056 $52,800 $6,200 $46,600
2023 $1,014 $50,700 $6,200 $44,500
2022 $950 $47,500 $6,200 $41,300
2021 $838 $41,900 $6,000 $35,900
2020 $788 $39,400 $6,000 $33,400
2019 $764 $38,200 $6,000 $32,200
2018 $738 $36,900 $6,000 $30,900
2017 $812 $40,600 $6,000 $34,600
2016 $804 $40,200 $6,000 $34,200
2014 $810 $40,500 $6,000 $34,500
2013 $810 $42,800 $6,000 $36,800
Source: Public Records

Agents Affiliated with this Home

  • Linda Kitts

    Seller's Agent in 2024

    Linda Kitts

    Kitts Realty

    (765) 661-1069

    3 in this area

    111 Total Sales

    Linda Kitts
    Section Image
  • Christy Dechert

    Buyer's Agent in 2024

    Christy Dechert

    The Hardie Group

    (765) 438-7952

    1 in this area

    322 Total Sales

    Christy Dechert
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202330027

Indiana Regional MLS

APN: 27-07-18-402-103.000-002

Indiana Grant County Marion 46953 South Marion

3502 S Boots St, Marion, IN

This home is located at 3502 S Boots St, Marion, IN 46953 since 21 August 2023 and is currently estimated at $82,839, approximately $43 per square foot. This property was built in 1900. 3502 S Boots 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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