NOT LISTED FOR SALE

422 W Nelson St Marion, IN 46952

Martin Boots Neighborhood

Estimated Value: $70,000 - $158,000

5 Beds
4 Baths
3,364 Sq Ft
$35/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $19,900 $6 Per Sq Ft

Est. 495% increase in value since last sale

Current estimated payment $730/month

57 Days on Market

Highlights

  • 0.45 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • Wood Flooring
  • Level Lot
  • 2-minute walk to Clif­ford Townsend Park

About This Home

As of May 2015

Great investment opportunity. 2 story house has large 3 bedroom apartment with enclosed porch, hardwood floors. Small attached 1 bedroom, plus separate 1 bedroom house with attached garage. Plenty of offstreet parking. Fannie Mae Homepath property.

Last Agent to Sell the Property

Stephanie Nichols

Kitts Realty Listed on: 03/12/2015

Last Buyer's Agent

Stephanie Nichols

Kitts Realty Listed on: 03/12/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 79x28
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Riverview Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 27-07-06-204-085.000-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1939
  • Age: 76
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-08-1770 & 1771 LOT 152 & 35' E/SD LOT153 WHITES 12TH ADD |
  • Parcel Number ID: 27-07-06-204-085.000-002
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2014
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 4256
  • Total Finished Sq Ft: 3364
  • Above Grade Finished Sq Ft: 3364
  • Below Grade Sq Ft: 892
  • Price Per Sq Ft: 5.92
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 892
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 7
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 79x28
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45

Tax Info

  • Annual Property Tax: 1812

Multi Family

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

Closed on
Jan 11, 2023
Sold by
Humphries Russell
Bought by
Humphries Russell K and Humphries Rhonda G
Total Days on Market
57
Current Estimated Value
$118,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Outstanding Balance
$52,147
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$62,800

Purchase Details

Listed on
Mar 12, 2015
Closed on
May 29, 2015
Sold by
Fannie Mae
Bought by
Humphries Russell
Seller's Agent
Stephanie Nichols
Kitts Realty
Buyer's Agent
Stephanie Nichols
Kitts Realty
List Price
$24,000
Sold Price
$19,900
Premium/Discount to List
-$4,100
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Original Mortgage
$28,000
Interest Rate
3.63%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2015
Sold by
Christopher Jason D
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jun 29, 2006
Sold by
Reynolds David J and Reynolds Fan X
Bought by
Christopher Jason D and Christopher Whitney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2003
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Aug 20, 1999
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

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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
Humphries Russell K -- --
Humphries Russell -- None Available
Federal National Mortgage Association $122,119 None Available
Christopher Jason D -- None Available
Not Provided $75,500 --
Not Provided $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphries Russell K $58,000
Previous Owner Humphries Russell $28,000
Previous Owner Christopher Jason D $100,700
Previous Owner Christopher Jason D $75,200
Previous Owner Christopher Whitney R $18,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $19,900 -17.1% $6 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $24,000 -- $7 / 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 $1,218 $60,900 $10,900 $50,000
2023 $1,218 $60,900 $10,900 $50,000
2022 $1,218 $60,900 $10,700 $50,200
2021 $1,218 $60,900 $10,700 $50,200
2020 $1,218 $60,900 $10,700 $50,200
2019 $1,218 $60,900 $10,700 $50,200
2018 $1,768 $88,400 $10,700 $77,700
2017 $1,810 $90,500 $10,700 $79,800
2016 $1,810 $90,500 $10,700 $79,800
2014 $1,808 $90,400 $10,700 $79,700
2013 $1,808 $90,600 $10,700 $79,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephanie Nichols

    Kitts Realty

    (765) 669-3388

    1 in this area

    11 Total Sales

    Stephanie Nichols
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201509566

Indiana Regional MLS

APN: 27-07-06-204-085.000-002

Indiana Grant County Marion 46952 Martin Boots

422 W Nelson St, Marion, IN

This home is located at 422 W Nelson St, Marion, IN 46952 since 12 March 2015 and is currently estimated at $118,493, approximately $35 per square foot. This property was built in 1939. 422 W Nelson St is a home located in Grant County with nearby schools including Riverview Elementary School, Justice Thurgood Marshall Intermediate School, and John L. McCulloch Junior High 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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