NOT LISTED FOR SALE

500 N River Dr Marion, IN 46952

Estimated Value: $319,000 - $399,000

4 Beds
3.5 Baths
3,334 Sq Ft
$107/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2021

Last sale price $295,000 $88 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,096 / mo

12 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Traditional Architecture
  • Solid Surface Countertops
  • Partially Wooded Lot
  • Wood Flooring
  • 3-minute walk to Marion Wallway Of Lights

About This Home

As of December 2021

Want to live on the water in town?? This stunning home sits on the high bank of the River with the most fantastic vista Marion has to offer. You'll fall in love with the charm & character featuring gorgeous original hardwood floors, crown molding, and high quality finishes. Step into the foyer with handmade turned stair rail. To your right is the living room with tons of natural light, gas fireplace, French Doors to the family room with bay window, built ins with bar sink and sliding door to the patio. Feed a crowd in the large formal dining with French doors This kitchen packs a real punch with a subzero refrigerator, double ovens with warming drawer for the amateur or gourmet chef. Around the corner from the kitchen is an eat in nook with built in buffet and a door to the wonderful ultra private patio with water view. Freshly renovated half bath in the hall has marble floors and all new fixtures. This home has the ultimate main bedroom retreat boasting new, custom walk in shower with rainfall and body sprayers, bluetooth speakers, dual vanities with fabulous storage, private commode and walk in closet. The new guest bath has been totally remodeled with dual vanity, new tile flooring and tile shower surround. The 2 upstairs guest BR's are quite large with walk in closets. This home also features a finished basement with rec room/guest bedroom, egress windows and fresh paint, plus a full bath with jetted tub. Other updates include new metal roof 2020, plus metal and cable railing on the patio for uninterrupted views. Seller is offering Home Warranty.

Last Agent to Sell the Property

Susan Reese

F.C. Tucker Realty Center Listed on: 11/11/2021

F.C. Tucker Realty Center

Last Buyer's Agent

Diana Geistler

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1930

Lot Details

  • 1.1 Acre Lot
  • 300 Feet of Waterfront
  • River Front
  • Property is Fully Fenced
  • Aluminum or Metal Fence
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage In Attic
  • Storm Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • The river is a source of water for the property
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 27-07-06-102-046.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1930

Lot Details

1.1 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1930
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW FR SEC 1 A & .10 A
  • Parcel Number ID: 27-07-06-102-046.000-002
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Built-In Bookcase, Cable Ready, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Home Warranty Included, Landscaped, Near Walking Trail, Patio Open, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Washer Hook-Up
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3844
  • Total Finished Sq Ft: 3334
  • Above Grade Finished Sq Ft: 2822
  • Below Grade Finished Sq Ft: 512
  • Below Grade Sq Ft: 510
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 27x15, On Level: Main
  • Kitchen: Dimensions: 13x9, On Level: Main
  • Breakfast Room: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Family Room: Dimensions: 21x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Upper
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Bedroom 4: Dimensions: 15x22, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1022

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 8x8
  • Fence: Full, Metal
  • Water Frontage: 300
  • Water Name: Mississinewa River

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage: Yes

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Gas, Hot Water, Radiant
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Laundry: Dimensions: Basementx8, On Level: 10
  • Water Type: River

Schools

  • Elementary School: Riverview/Justice

Lot Info

  • Lot Description: Partially Wooded, Waterfront, 0-2.9999, Waterfront-High Bank
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 47916
  • Estimated Lot Size Acres: 1.1

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 1373
  • Exemptions: Homestead, Mortgage

Multi Family

  • Water Access: Riverfront

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
Nov 11, 2021
Closed on
Dec 22, 2021
Sold by
Dimatteo Steven E and Dimatteo Marianne L
Bought by
Babcock James S and Babcock Lisa Ann
Seller's Agent
Susan Reese
F.C. Tucker Realty Center
Buyer's Agent
Diana Geistler
RE/MAX Realty One
List Price
$304,900
Sold Price
$295,000
Premium/Discount to List
-$9,900
-3.25%
Current Estimated Value
$355,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,974
Avg. Annual Appreciation
4.45%
Original Mortgage
$175,000
Outstanding Balance
$133,095
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$222,879

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 15, 2020
Sold by
Nelson James W and Nelson Michele
Bought by
Dimatteo Steven E and Dimatteo Marianne L
List Price
$259,900
Sold Price
$254,900
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$242,155
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2015
Closed on
Oct 8, 2015
Sold by
Finch Harry J
Bought by
Nelson James W and Nelson Michele
List Price
$195,500
Sold Price
$160,000
Premium/Discount to List
-$35,500
-18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$110,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Babcock James S $295,000 None Listed On Document
Dimatteo Steven E -- None Available
Nelson James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock James S $175,000
Previous Owner Dimatteo Steven E $242,155
Previous Owner Nelson James W $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $295,000 -1.6% $88 / Sq Ft
11/16/2021 11/16/21 Price Changed $299,900 -1.6% $90 / Sq Ft
11/11/2021 11/11/21 For Sale $304,900 +19.6% $91 / Sq Ft
10/15/2020 10/15/20 Sold $254,900 -1.9% $76 / Sq Ft View Prior Sale
09/01/2020 09/01/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $259,900 +62.4% $78 / Sq Ft
10/09/2015 10/09/15 Sold $160,000 -18.2% $48 / Sq Ft View Prior Sale
09/24/2015 09/24/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $195,500 -- $59 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,657 $294,900 $20,800 $274,100
2024 $2,755 $275,200 $20,800 $254,400
2023 $2,778 $270,200 $20,800 $249,400
2022 $2,614 $261,800 $20,900 $240,900
2021 $2,309 $231,200 $19,800 $211,400
2020 $1,373 $137,600 $19,800 $117,800
2019 $1,349 $135,200 $19,800 $115,400
2018 $1,525 $151,900 $19,800 $132,100
2017 $1,502 $149,600 $19,800 $129,800
2016 $1,412 $139,600 $19,800 $119,800
2014 $2,532 $126,200 $19,800 $106,400
2013 $2,532 $125,900 $19,800 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202147537

Indiana Regional MLS

APN: 27-07-06-102-046.000-002

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