$294,900
$5K PRICE DROP

Estimated payment $1,634/month

Total Views 9,179
20 Beds
10 Baths
5,289 Sq Ft
$56 Price per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Corner Lot
  • Partially Fenced Property
  • Contemporary Architecture
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

616 S Boots St, is 2 buildings, 4 units. 400 SF building is 2 bedrooms and 2 story building is 3 units. Two 2 bedroom units and a 3 bedroom unit (2nd level and 2 bedrooms on 3rd level). Each pays own electric and owner pays gas heat and water/sewer/trash. All units have been fresh painted and newer vinyl floor covering. Also included in the sale, 624 S Boots St, is 6 units total. All are 2 bedroom units and utilities are paid by owner. All units have been fresh painted and newer vinyl floor covering. The income listed is for totally rented. Currently only 2 units are rented. The total expenses are based on 2024 plus 20%. Across street from Marion Public Library. Next to Public Garden.

Listing Agent

Linda Kitts

Kitts Realty Brokerage Phone: 765-661-1069 Listed on: 09/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1900

Lot Details

  • 0.48 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,289 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Frances Slocum/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

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

Listing and Financial Details

  • The owner pays for cooling, electric, fuel, heating, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 27-07-06-403-023.000-002

Community Details

Overview

  • 10 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 5 Separate Electric Meters
  • 2 Separate Water Meters
  • Electric Expense $4,604
  • Fuel Expense $4,442
  • Insurance Expense $1,200
  • Maintenance Expense $2,500
  • Water Sewer Expense $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Contemporary
  • Bedrooms: 20
  • Total Bathrooms: 10
  • Total Full Bathrooms: 10
  • Legal Description: 16-02-356.01 30' S/SD Lot 5 TURNERS ADD and 16-02-363 Lot 12 Ex 27' 7" W/End TURNERS ADD
  • Parcel Number ID: 27-07-06-403-023.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Deck Open
  • Location: City/Town/Suburb
  • Parcel Id2: 27-07-06-403-033.000-002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5289
  • Total Finished Sq Ft: 5289
  • Above Grade Finished Sq Ft: 5289
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Vinyl

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Partial
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Off Street, Street

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
  • Annual Electric: 4604
  • Annual Fuel Expense: 4442
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 4800
  • Number Electric Meters: 5
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Frances Slocum/Justice

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 X 96, 30 X 123
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48

Rental Info

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

Tax Info

  • Annual Property Tax: 1000

Multi Family

  • Number Of Units: 10
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 8

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $512 $25,600 $2,200 $23,400
2023 $512 $25,600 $2,200 $23,400
2022 $512 $25,600 $2,200 $23,400
2021 $512 $25,600 $2,200 $23,400
2020 $512 $25,600 $2,200 $23,400
2019 $512 $25,600 $2,200 $23,400
2018 $512 $25,600 $2,200 $23,400
2017 $512 $25,600 $2,200 $23,400
2016 $512 $25,600 $2,200 $23,400
2014 $540 $27,000 $3,600 $23,400
2013 $540 $36,500 $3,600 $32,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Price Changed $294,900 -1.7% $56 / Sq Ft
09/05/2025 09/05/25 For Sale $299,900 -- $57 / Sq Ft
Source: Indiana Regional MLS

Purchase History

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

Source: Indiana Regional MLS

MLS Number: 202535887

Indiana Regional MLS

APN: 27-07-06-403-023.000-002