NOT LISTED FOR SALE

503 E Sherman St Marion, IN 46952

Northeast Marion Neighborhood

Estimated Value: $90,000 - $113,953

4 Beds
2 Baths
2,210 Sq Ft
$48/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $75,000 $34 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $680/month

81 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Enclosed patio or porch
  • Corner Lot
  • 1 Car Detached Garage
  • Breakfast Bar

About This Home

As of July 2021

TWO HOMES! Main Residence with 4 Beds, 2 Full Baths - Spacious Living Room, Dining Room, & Kitchen w/ appliances. Main Floor Laundry. 2 Beds on Main Floor & 2 Beds on Upper Floor. 1 Car Detached Garage. Second home is 576 SF - 2 bedrooms - currently used as a rental/income producing property. Negotiable Possession. Estate Sale Property.

Last Agent to Sell the Property

Joe Schroder

RE/MAX Realty One Listed on: 05/03/2021

RE/MAX Realty One

Last Buyer's Agent

Michael Stevens

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Corner Lot
  • Level Lot

Parking

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

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-05-202-068.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,578

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 121
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-06-1473 LOT 184 BAILEY & RARIDEN ADD
  • Parcel Number ID: 27-07-05-202-068.000-002
  • Platted: Yes
  • Amenities: Breakfast Bar, Cable Available, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Porch Enclosed, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 107.3
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3170
  • Total Finished Sq Ft: 2210
  • Above Grade Finished Sq Ft: 2210
  • Below Grade Sq Ft: 960
  • Price Per Sq Ft: 33.94
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Dining Room: Dimensions: 15x15, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1250
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 960

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Laundry: Dimensions: Mainx5, On Level: 8

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x140
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Tax Info

  • Annual Taxes: 1578

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
May 3, 2021
Closed on
Jul 26, 2021
Sold by
Farr Rebecca A Est
Bought by
Hagler Atrell
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Michael Stevens
Coldwell Banker Real Estate Group
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%
Current Estimated Value
$105,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,238
Avg. Annual Appreciation
7.72%
Original Mortgage
$76,312
Outstanding Balance
$70,229
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$30,534
Source: Public Records

Range of Values:

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Average Value
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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
Hagler Atrell $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagler Atrell $76,312
Previous Owner Farr James R $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $75,000 +7.3% $34 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $69,900 -- $32 / 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 $1,183 $106,900 $9,000 $97,900
2023 $1,040 $99,900 $9,000 $90,900
2022 $1,046 $92,300 $8,400 $83,900
2021 $700 $79,900 $6,100 $73,800
2020 $1,578 $78,900 $6,100 $72,800
2019 $763 $75,900 $6,100 $69,800
2018 $637 $75,900 $6,100 $69,800
2017 $618 $75,100 $6,100 $69,000
2016 $566 $71,800 $6,100 $65,700
2014 $556 $70,900 $6,100 $64,800
2013 $556 $71,600 $6,100 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Joe Schroder

    Seller's Agent in 2021

    Joe Schroder

    RE/MAX

    (765) 661-0327

    18 in this area

    695 Total Sales

    Joe Schroder
    Section Image
  • Michael Stevens

    Buyer's Agent in 2021

    Michael Stevens

    Coldwell Banker Real Estate Group

    (260) 415-3623

    1 in this area

    42 Total Sales

    Michael Stevens
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202115302

Indiana Regional MLS

APN: 27-07-05-202-068.000-002

Indiana Grant County Marion 46952 Northeast Marion

503 E Sherman St, Marion, IN

This home is located at 503 E Sherman St, Marion, IN 46952 since 03 May 2021 and is currently estimated at $105,238, approximately $47 per square foot. This property was built in 1900. 503 E Sherman St is a home located in Grant County with nearby schools including Allen 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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