$69,900
SOLD MAY 20, 2025

5420 S 400 W Marion, IN 46953

2 Beds
1 Bath
1,008 Sq Ft
1.07 Acres

Recently Sold

$69 Per Sq Ft

1 Day on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • Level Lot
  • Tile Flooring

About This Home

As of May 2025

Two bedroom home with large pole barn situated on one acre. Low maintenance exterior. Enclosed front porch.

Last Agent to Sell the Property

Janet Barnett

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 04/28/2025

RE/MAX Realty One

Last Buyer's Agent

Janet Barnett

RE/MAX Realty One Brokerage Phone: 765-454-7300 Listed on: 04/28/2025

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $258

Year Built

  • Built in 1950

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 141 x 331
  • Rural Setting
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Park Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-11-05-100-016.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$258

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 75
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT N 1/2 S SE NE SEC. 5 1.05A |
  • Parcel Number ID: 27-11-05-100-016.000-015
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Price Per Sq Ft: 69.35
  • Basement Foundation: Crawl
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Extra Room: Bath, Dimensions: 5x5, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Main Level Sq Ft: 1008
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 60x30, 1800

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Laundry: Dimensions: Mainx5, On Level: 10
  • Well Type: Private

Schools

  • School District: Madison-Grant United School Corp.
  • Elementary School: Park
  • Middle School: Madison Grant
  • High School: Madison Grant
  • Elementary School: Park

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 141 X 331
  • Estimated Lot Sq Ft: 46671
  • Estimated Lot Size Acres: 1.07

Tax Info

  • Annual Taxes: 257.68
  • Exemptions: Homestead, Over 65

MLS Schools

  • High School: Madison Grant
  • Middle School: Madison Grant
  • School District: Madison-Grant United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
May 20, 2025
Sold by
Richey David L
Bought by
Cook Kenneth Warren
Seller's Agent
Janet Barnett
RE/MAX Realty One
Buyer's Agent
Janet Barnett
RE/MAX Realty One
List Price
$69,900
Sold Price
$69,900
Total Days on Market
1
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.89%
Original Mortgage
$55,920
Outstanding Balance
$55,920
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$34,790

Purchase Details

Listed on
Jul 19, 2015
Closed on
Aug 19, 2015
Sold by
Clanton Perpetual A
Bought by
Richey David L
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$31,450
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 19, 2015
Closed on
Aug 17, 2015
Sold by
Newsom Patricia
Bought by
Clanton Perpetual A and Newsom Patricia
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,450
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2011
Sold by
Clanton Perpetual A
Bought by
Clanton Perpetual A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,920 New Conventional
Previous Owner $31,450 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $69,900 0.0% $69 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $69,900 +88.9% $69 / Sq Ft
08/19/2015 08/19/15 Sold $37,000 -7.3% $37 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
07/19/2015 07/19/15 For Sale $39,900 -- $40 / 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 $258 $82,800 $16,000 $66,800
2023 $192 $51,300 $16,000 $35,300
2022 $153 $48,100 $15,100 $33,000
2021 $131 $43,200 $15,100 $28,100
2020 $109 $41,400 $14,400 $27,000
2019 $104 $39,700 $14,400 $25,300
2018 $106 $36,500 $12,000 $24,500
2017 $98 $36,200 $12,000 $24,200
2016 $89 $36,200 $12,000 $24,200
2014 $48 $25,800 $12,000 $13,800
2013 $48 $55,600 $12,000 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202515090

Indiana Regional MLS

APN: 27-11-05-100-016.000-015