NOT LISTED FOR SALE

603 W 6th St Unit 2 Marion, IN 46953

Garfield Neighborhood

Estimated Value: $79,000 - $88,974

4 Beds
2 Baths
2,896 Sq Ft
$29/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $48,000 $17 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $622/month

85 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Privacy Fence
  • Corner Lot
  • Forced Air Heating System
  • Carpet

About This Home

As of August 2023

This duplex has long time tenants on both sides. North side is a Section 8, HUD renter. Each unit rents for $500 monthly. Both units have 2 large bedrooms Owner pays water/sewer/trash only.

Last Listed By

Linda Kitts

Kitts Realty Brokerage Phone: 765-661-1069 Listed on: 05/18/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53 x 132
  • Privacy Fence
  • Chain Link Fence
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, snow removal
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 27-07-06-304-019.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 118
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-08-1915 LOT 304 WHITES 12TH ADD (603 W 6th St)
  • Parcel Number ID: 27-07-06-304-019.000-002
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Porch Covered, Porch Open, Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 73.85
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2896
  • Total Finished Sq Ft: 2896
  • Above Grade Finished Sq Ft: 2896
  • Price Per Sq Ft: 16.57
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Fence: Chain Link, Privacy
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Gas, Forced Air, Space
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 1140
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 53 X 132
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Fuel, Heating, Snow Removal

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1670

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 18, 2023
Closed on
Aug 23, 2023
Sold by
Precious Props Llc
Bought by
Potter Enterprises Llc
Seller's Agent
Linda Kitts
Kitts Realty
Buyer's Agent
Linda Kitts
Kitts Realty
List Price
$65,000
Sold Price
$48,000
Premium/Discount to List
-$17,000
-26.15%
Total Days on Market
85
Views
169
Current Estimated Value
$83,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,494
Avg. Annual Appreciation
34.59%
Original Mortgage
$36,000
Outstanding Balance
$35,404
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$45,558

Purchase Details

Closed on
Oct 8, 2019
Sold by
Weiland Timothy G and Weiland Sheila G
Bought by
Precious Props Llc

Range of Values:

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Average Value
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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
Potter Enterprises Llc $48,000 None Listed On Document
Precious Props Llc $60,000 Insured Closing Specialists
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Enterprises Llc $36,000
Previous Owner Precious Props Llc $41,904
Previous Owner Weiland Timothy G $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $48,000 -26.2% $17 / Sq Ft
05/18/2023 05/18/23 For Sale $65,000 -- $22 / 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 $1,856 $92,800 $6,300 $86,500
2023 $1,728 $86,400 $6,300 $80,100
2022 $1,670 $83,500 $6,100 $77,400
2021 $1,622 $81,100 $6,100 $75,000
2020 $1,552 $77,600 $6,100 $71,500
2019 $832 $41,600 $6,100 $35,500
2018 $832 $41,600 $6,100 $35,500
2017 $832 $41,600 $6,100 $35,500
2016 $832 $41,600 $6,100 $35,500
2014 $832 $41,600 $6,100 $35,500
2013 $832 $49,600 $6,100 $43,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Kitts

    Seller's Agent in 2023

    Linda Kitts

    Kitts Realty

    (765) 661-1069

    8 in this area

    108 Total Sales

    Linda Kitts
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202316323

Indiana Regional MLS

APN: 27-07-06-304-019.000-002

Indiana Grant County Marion 46953 Garfield

603 W 6th St Unit 2, Marion, IN

Homes for Sale in Marion, IN

This home is located at 603 W 6th St Unit 2, Marion, IN 46953 since 18 May 2023 and is currently estimated at $83,494, approximately $28 per square foot. This property was built in 1905. 603 W 6th St Unit 2 is a home located in Grant County with nearby schools including Riverview 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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