NOT LISTED FOR SALE

407 W 40th St Marion, IN 46953

College Park Neighborhood

Estimated Value: $116,000 - $139,000

3 Beds
1 Bath
1,008 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $93,000 $92 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $731/month

1 Day on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Built-in Bookshelves
  • Wood Flooring
  • Porch
  • Bathtub with Shower

About This Home

As of November 2020

This move in ready ranch, located near the northern part of Indiana Wesleyan University campus, is a gem. Natural light fills the living room, highlighting the natural beauty of the hardwood floors and built-ins. There is a generous amount of entertaining space in this cozy home. You’ll be delighted to know of the many updates done to this house that will make living here effortless and practically maintenance free. These significant upgrades include a new energy efficient furnace, air conditioner, water heater, and all new plumbing lines under the house. The exterior has been power washed and looks sharp. Cleaning out gutters of leaf debris is a thing of the past now that gutter guards have been installed. Enjoy time outside on the back deck that is tucked inside of a private, fenced in yard. The detached garage is now functionally connected to electricity. The 20x20 space is generous enough to hold one vehicle with plenty of storage space and the potential of a workshop area.

Last Agent to Sell the Property

Martin Brandenberger

Coldwell Banker Real Estate Group Listed on: 10/05/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cindy Korporal

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 66x92
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,008 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Storm Doors
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Stone or Rock in Basement
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-19-202-093.003-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$340

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 60
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: W 1/2 lots 345 & 346 College Add
  • Parcel Number ID: 27-07-19-202-093.003-002
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Built-In Bookcase, Ceiling Fan(s), Countertops-Laminate, Deck Open, Garage Door Opener, Porch Open, Storm Doors, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.45
  • Year Taxes Payable: annual
  • Special Features: None

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Price Per Sq Ft: 92.26
  • Basement Foundation: Crawl
  • Basement Material: Stone
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 16x13, On Level: Main
  • Kitchen: Dimensions: 17x9, On Level: Main
  • Dining Room: Dimensions: 8x6, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link, Privacy, Wood

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Marion Utilities
  • Hvac: Energy Star A/C, Energy Star Heating

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: Level, 0-2.9999
  • Lot Dimensions: 66x92
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Green Features

  • Energy Efficient: HVAC, Water Heater

Tax Info

  • Annual Taxes: 340
  • Exemptions: Homestead

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
Oct 5, 2020
Closed on
Nov 12, 2020
Sold by
Barkhaus Bryan and Barkhaus Ally
Bought by
Greentree Sarah
Seller's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
Buyer's Agent
Cindy Korporal
RE/MAX Realty One
List Price
$89,900
Sold Price
$93,000
Premium/Discount to List
$3,100
3.45%
Total Days on Market
1
Current Estimated Value
$124,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,799
Avg. Annual Appreciation
6.62%
Original Mortgage
$93,000
Outstanding Balance
$83,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$41,290

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 30, 2020
Sold by
Lehman Alyssa N
Bought by
Barkhaus Bryan and Barkhaus Ally
Seller's Agent
Susan Reese
F.C. Tucker Realty Center
Buyer's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.50%

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 18, 2018
Sold by
Akers Jessica R
Bought by
Lehman Alyssa N
Seller's Agent
Megan Todd
Tate Real Estate
Buyer's Agent
Susan Reese
F.C. Tucker Realty Center
List Price
$69,900
Sold Price
$67,500
Premium/Discount to List
-$2,400
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$67,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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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
Greentree Sarah -- None Available
Barkhaus Bryan -- None Available
Lehman Alyssa N $67,500 Grant County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greentree Sarah $93,000
Previous Owner Lehman Alyssa N $67,500
Previous Owner Fiebig Jessica $5,000
Previous Owner Fiebig Jessica S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $93,000 +3.4% $92 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $89,900 +20.0% $89 / Sq Ft
06/30/2020 06/30/20 Sold $74,900 0.0% $74 / Sq Ft
05/08/2020 05/08/20 For Sale $74,900 +11.0% $74 / Sq Ft
05/18/2018 05/18/18 Sold $67,500 0.0% $67 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $67,500 -3.4% $67 / Sq Ft
03/23/2018 03/23/18 For Sale $69,900 -- $69 / 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 $818 $88,600 $12,000 $76,600
2023 $654 $81,600 $12,000 $69,600
2022 $632 $77,800 $12,300 $65,500
2021 $502 $65,800 $12,300 $53,500
2020 $351 $54,000 $12,300 $41,700
2019 $339 $55,100 $12,300 $42,800
2018 $291 $52,800 $12,300 $40,500
2017 $276 $52,200 $10,800 $41,400
2016 $256 $52,200 $10,800 $41,400
2014 $293 $58,400 $12,500 $45,900
2013 $293 $56,000 $12,500 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Martin Brandenberger

    Seller's Agent in 2020

    Martin Brandenberger

    Coldwell Banker Real Estate Group

    (260) 438-4663

    2 in this area

    156 Total Sales

    Martin Brandenberger
    Section Image
  • Susan Reese

    Seller's Agent in 2020

    Susan Reese

    F.C. Tucker Realty Center

    (765) 517-1514

    8 in this area

    222 Total Sales

    Susan Reese
    Section Image
  • Cindy Korporal

    Buyer's Agent in 2020

    Cindy Korporal

    RE/MAX

    (765) 251-0105

    8 in this area

    233 Total Sales

    Cindy Korporal
    Section Image
  • Megan Todd

    Seller's Agent in 2018

    Megan Todd

    Tate Real Estate

    (765) 603-1333

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202040272

Indiana Regional MLS

APN: 27-07-19-202-093.003-002

Indiana Grant County Marion 46953 College Park

407 W 40th St, Marion, IN

This home is located at 407 W 40th St, Marion, IN 46953 since 05 October 2020 and is currently estimated at $124,799, approximately $123 per square foot. This property was built in 1960. 407 W 40th 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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