NOT LISTED FOR SALE

515 W Spencer Ave Marion, IN 46952

Downtown Marion Neighborhood

Estimated Value: $108,000 - $166,547

4 Beds
2 Baths
1,568 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2025

Last sale price $90,000 $57 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $871 / mo

25 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • 2-minute walk to Clif­ford Townsend Park

About This Home

As of May 2025

Spacious and charming 4 BR, 2 BA home within walking distance to the Riverwalk, Marion Health and Downtown for ease. You will love the enclosed porch with beautiful arched windows and the entry into a huge sitting room with high ceilings and abundant natural light and a family room off to the side for additional space. The kitchen features an original built in floor to ceiling Butler's cabinet, all appliances to remain with an adjacent formal dining room that boasts ample space for entertaining. The downstairs also has a full bathroom with a walk in shower and laundry area. All four bedrooms are on the 2nd floor with a shared hall bathroom. Abundant extra storage is available in the full walk up 3rd floor just waiting to be finished, and a partial basement. Updates include a new electric breaker box and newer central air. Cash or Conventional Loans.

Last Agent to Sell the Property

Susan Reese

F.C. Tucker Realty Center Brokerage Phone: 765-517-1514 Listed on: 04/08/2025

F.C. Tucker Realty Center

Last Buyer's Agent

Sherry Anderson

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Formal Dining Room
  • Walkup Attic

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Schools

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

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Community Details

  • R J Spencer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-07-06-204-059.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,334

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 201 R J Spencer's 3rd Add
  • Parcel Number ID: 27-07-06-204-059.000-002
  • Platted: Yes
  • Amenities: Attic-Walk-up, Cable Ready, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Disposal, Dryer Hook Up Electric, Near Walking Trail, Porch Enclosed, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1923
  • Total Finished Sq Ft: 1568
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Sq Ft: 355
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 9x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 355

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x18
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • 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: Mainx6, On Level: 7

Schools

  • Elementary School: Kendall/Justice

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 1334
  • Exemptions: Homestead

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 27, 2025
Sold by
Bought by
Seller's Agent
Susan Reese
F.C. Tucker Realty Center
Buyer's Agent
Sherry Anderson
RE/MAX Real Estate Groups
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Views
57
Current Estimated Value
$140,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,137
Avg. Annual Appreciation
47.97%
Original Mortgage
$87,300
Interest Rate
0.0683%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,258
Interest Rate
0.0348%

Purchase Details

Closed on
May 6, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- --
-- None Available
$65,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $87,300
Previous Owner $67,258
Previous Owner $61,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $90,000 -9.9% $57 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/13/2025 04/13/25 For Sale $99,900 -- $64 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,315 $146,100 $11,400 $134,700
2024 $1,334 $133,400 $11,400 $122,000
2023 $1,134 $113,400 $11,400 $102,000
2022 $962 $96,200 $10,800 $85,400
2021 $944 $94,400 $10,800 $83,600
2020 $925 $94,400 $10,800 $83,600
2019 $860 $93,800 $10,800 $83,000
2018 $1,876 $93,800 $10,800 $83,000
2017 $1,816 $90,800 $10,800 $80,000
2016 $649 $90,800 $10,800 $80,000
2014 $655 $91,500 $10,800 $80,700
2013 $655 $90,400 $10,800 $79,600
Source: Public Records

Agents Affiliated with this Home

  • Susan Reese

    Seller's Agent in 2025

    Susan Reese

    F.C. Tucker Realty Center

    (765) 517-1514

    18 in this area

    211 Total Sales

    Susan Reese
    Section Image
  • Sherry Anderson

    Buyer's Agent in 2025

    Sherry Anderson

    RE/MAX

    (765) 748-1909

    1 in this area

    79 Total Sales

    Sherry Anderson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202512005

Indiana Regional MLS

APN: 27-07-06-204-059.000-002

Indiana Grant County Marion 46952 Downtown Marion

515 W Spencer Ave, Marion, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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