NOT LISTED FOR SALE

5261 N 400 E Marion, IN 46952

Estimated Value: $342,000

2 Beds
1 Bath
1,120 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $230,000 $205 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,036/month

3 Days on Market

Highlights

  • Horse Facilities
  • Partially Wooded Lot
  • Workshop
  • Ranch Style House
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of May 2021

Animal lover alert: So many options on this farm! The land is 8.65 acres of pasture, garden and woods with trails for your UTV's. The 42x36 horse barn is less than 3 years old, has 4 12x12 stalls with dutch doors to pasture, wash rack and foal watch system. It can be converted to regular pole barn easily if desired. Plus an additional 60x20 two-story barn with overhead mechanical crane, 200 amp service and new 3 bay indoor dog kennels with 4x10 outdoor runs. Covered back deck is so peaceful. The interior of the home offers new flooring and light fixtures. The full basement has been used for living space and includes a pool table and bar that remain! Attached 2 car garage. You can move right into this home without doing a thing. Possession is negotiable.

Last Agent to Sell the Property

Danielle Austin

Austin Realty Listed on: 04/21/2021

Last Buyer's Agent

Dave McDaniel

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1979

Lot Details

  • 8.65 Acre Lot
  • Lot Dimensions are 724x519
  • Kennel
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Built-in Bookshelves
  • Chair Railings
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Workshop
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Eastbrook North Elementary School
  • Eastbrook Middle School
  • Eastbrook High School

Utilities

  • Central Air
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Deck
  • Pasture

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 27-02-10-400-017.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1979
  • Age: 42
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 02-01-121.03 & 120.02-C E PT E SE SEC 10 4.94 A & 3.71 A
  • Parcel Number ID: 27-02-10-400-017.000-031
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Chair Rail, Countertops-Laminate, Deck Covered, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Kennel, Landscaped, Storm Doors, Tub/Shower Combination, Workshop
  • Sp Lp Percent: 115.06
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Sq Ft: 1120
  • Price Per Sq Ft: 205.36
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Kitchen: Dimensions: 19x13, On Level: Main
  • Family Room: Dimensions: 20x14, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Horse Facilities, Dimensions: 42x36
  • Outbuilding2: Barn, Dimensions: 60x20, 1200

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x25
  • Garage Sq Ft: 675
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Horse Facilities

Schools

  • School District: Eastbrook Community
  • Elementary School: Eastbrook North
  • Middle School: Eastbrook
  • High School: Eastbrook
  • Elementary School: Eastbrook North

Lot Info

  • Lot Description: Partially Wooded, Pasture
  • Lot Dimensions: 724x519
  • Estimated Lot Sq Ft: 376794
  • Estimated Lot Size Acres: 8.65

Tax Info

  • Annual Taxes: 1632.98
  • Exemptions: Homestead

MLS Schools

  • High School: Eastbrook
  • Middle School: Eastbrook
  • School District: Eastbrook Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 14, 2021
Sold by
Boone-Searles Aaron
Bought by
Franke Carren M and Franke Warren T
Seller's Agent
Danielle Austin
Austin Realty
Buyer's Agent
Dave McDaniel
RE/MAX Results
List Price
$199,900
Sold Price
$230,000
Premium/Discount to List
$30,100
15.06%
Current Estimated Value
$342,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,000

Purchase Details

Listed on
Nov 27, 2016
Closed on
Dec 1, 2016
Sold by
Adams Mark D
Bought by
Searles Aaron Boone
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.09%

Purchase Details

Closed on
Aug 28, 2015
Sold by
Adams Rebecca Sue
Bought by
Adams Mark D

Purchase Details

Closed on
Apr 21, 2014
Sold by
Adams Michael D
Bought by
Adams Rebecca Sue
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Franke Carren M $230,000 None Available
Searles Aaron Boone -- None Available
Adams Mark D -- None Available
Adams Rebecca Sue -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $230,000 +15.1% $205 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $199,900 +110.4% $178 / Sq Ft
12/09/2016 12/09/16 Sold $95,000 -4.9% $85 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/27/2016 11/27/16 For Sale $99,900 -- $89 / 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
2023 $1,950 $231,500 $58,100 $173,400
2022 $1,930 $214,900 $49,200 $165,700
2021 $1,744 $187,000 $49,200 $137,800
2020 $1,633 $181,900 $49,200 $132,700
2019 $1,500 $175,600 $49,200 $126,400
2018 $1,138 $152,000 $49,400 $102,600
2017 $1,016 $144,100 $49,400 $94,700
2016 $925 $144,100 $49,400 $94,700
2014 $1,586 $151,500 $50,400 $101,100
2013 $1,586 $151,100 $50,400 $100,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202113521

Indiana Regional MLS

APN: 27-02-10-400-017.000-031