NOT LISTED FOR SALE

3740 S Washington St Marion, IN 46953

South Marion Neighborhood

Estimated Value: $58,000 - $125,000

4 Beds
3 Baths
1,906 Sq Ft
$54/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $53,000 $28 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $619/month

268 Days on Market

Highlights

  • 1 Car Detached Garage
  • Level Lot
  • Carpet
  • Baseboard Heating
  • Community Storage Space

About This Home

As of August 2015

JUST REDUCED! Fantastic Income Producing Opportunity! This completely remodeled triplex is located within feet of Indiana Wesleyan University. Unit 1 is on main level and features open living area & kitchen, bedroom, & bath. Unit 2 is on main level and features living room, kitchen, bath, & large bedroom. Unit 3 is on upper level and features 2 bedrooms, kitchen, bath, & living area. There is also a 1 Car Detached Garage that could be rented for additional income. Vinyl Exterior is easy maintenance. All units have been updated with floor coverings, kitchens, baths, & more! Unbeatable location! Lots of possibilities with this one!

Last Agent to Sell the Property

Sally Jenks

RE/MAX Realty One Listed on: 10/21/2014

RE/MAX Realty One

Last Buyer's Agent

Linda Sparks

Point1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1890

Lot Details

  • 6,336 Sq Ft Lot
  • Lot Dimensions are 66x96
  • Level Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

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

Location

  • Suburban Location

Schools

  • Marion Community Elementary And Middle School
  • Marion High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 27-07-18-304-151.000-002

Community Details

Overview

  • 3 Units
  • Wigger & Pence Subdivision

Amenities

  • Community Storage Space

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 125
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 16-23-5859.01 N 1/2 LOT 31 EX 106' W/END WIGGER & PENCES 1ST ADD |
  • Parcel Number ID: 27-07-18-304-151.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Storage, Countertops-Laminate, Deck Open, Detector-Smoke, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 88.48
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2992
  • Total Finished Sq Ft: 1906
  • Above Grade Finished Sq Ft: 1906
  • Below Grade Sq Ft: 1086
  • Price Per Sq Ft: 27.81
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1086
  • Total Below Grade Sq Ft: 1086

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street, Street

Utilities

  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Number Electric Meters: 4
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x96
  • Estimated Lot Sq Ft: 6336
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Negotiable
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 914

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2013
Sold by
Southern California Financial Trust
Bought by
M Jewell Llc
Current Estimated Value
$102,350

Purchase Details

Closed on
Dec 1, 2010
Sold by
Tyson Randall L
Bought by
Bey Foundation Group and Southern California Financial Trust

Purchase Details

Closed on
Apr 20, 2006
Sold by
Wuertley Jason A and Wuertley Deborah S
Bought by
Tyson Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
M Jewell Llc $8,501 None Available
Bey Foundation Group -- None Available
Tyson Randall L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyson Randall L $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2015 08/07/15 Sold $53,000 -24.2% $28 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $69,900 -- $37 / 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 $914 $45,700 $8,700 $37,000
2023 $914 $45,700 $8,700 $37,000
2022 $914 $45,700 $8,700 $37,000
2021 $912 $45,600 $8,700 $36,900
2020 $906 $45,300 $8,700 $36,600
2019 $904 $45,200 $8,700 $36,500
2018 $900 $45,000 $8,700 $36,300
2017 $910 $45,500 $8,700 $36,800
2016 $908 $45,400 $8,700 $36,700
2014 $914 $45,700 $8,700 $37,000
2013 $914 $42,950 $8,700 $34,250
Source: Public Records

Agents Affiliated with this Home

  • Sally Jenks

    Seller's Agent in 2015

    Sally Jenks

    RE/MAX

    (765) 661-1865

    4 in this area

    178 Total Sales

    Sally Jenks
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Sparks

    Point1 Realty

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201446479

Indiana Regional MLS

APN: 27-07-18-304-151.000-002

Indiana Grant County Marion 46953 South Marion

3740 S Washington St, Marion, IN

This home is located at 3740 S Washington St, Marion, IN 46953 since 21 October 2014 and is currently estimated at $102,350, approximately $53 per square foot. This property was built in 1890. 3740 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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