NOT LISTED FOR SALE

616 W Spencer Ave Marion, IN 46952

Euclid Triangle Neighborhood

Estimated Value: $78,000 - $218,000

4 Beds
2 Baths
2,250 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $108,500 $48 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,054/month

291 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Utility Sink
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • 4-minute walk to Clif­ford Townsend Park

About This Home

As of October 2015

Beautiful 4 bedroom, 2 bathroom, 2,250 sq ft, 1.5 story brick bungalow located in historic neighborhood near Marion General Hospital and the riverwalk. You'll love the older charm mixed with some modern updates. Indoor features include gorgeous hardwood floors and ceilings, spacious 1st floor living room with a brick wood-burning fireplace, sunroom, formal dining room with built-in china cabinet, updated eat-in kitchen with tile floor and counters, built-in hallway cabinet, large bathrooms including one garden tub, 2nd floor family room with surround sound system, walk-in bedroom closets and plenty of natural light. Laundry, extra storage and living space in basement. Entertain guests on the welcoming front porch, finished wood deck, and large covered back patio with ceiling fans and wired for cable tv - all amid immaculate landscaping. Plus, a 2-car garage, and a garden/tool shed. Call for your personal tour!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1920

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 56x132
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage In Attic
  • Washer and Electric Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Ceramic Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-06-204-027.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$974

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 95
  • Style: One and Half Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 16-09-2162 PT SE NW SEC 6 .025 A & 56' E/SD LOT 216 R J SPENCERS 3RD ADD
  • Parcel Number ID: 27-07-06-204-027.000-002
  • Platted: Yes
  • Amenities: Attic Storage, Built-In Speaker System, Cable Available, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Ceramic, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Garden Tub, Landscaped, Near Walking Trail, Patio Covered, Porch Covered, Storm Doors, Utility Sink, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Washer Hook-Up
  • Cross Street: Hill
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 94.43
  • Special Features: None

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 2250
  • Above Grade Finished Sq Ft: 2250
  • Below Grade Sq Ft: 750
  • Basement: Yes
  • Basement Foundation: Partial Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 12x22, On Level: Main
  • Kitchen: Dimensions: 12x17, On Level: Main
  • Dining Room: Dimensions: 12x16, On Level: Main
  • Family Room: Dimensions: 14x16, On Level: Upper
  • Bedroom 1: Dimensions: 14x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Main
  • Main Level Sq Ft: 1500
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 750

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 12x20
  • Garage Sq Ft: 240

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, Vectren Corp
  • Gas Company: Vectren Energy

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 56x132
  • Estimated Lot Sq Ft: 8451
  • Estimated Lot Size Acres: 0.194

Tax Info

  • Annual Taxes: 974.21
  • Total Assessed Value: 118700
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
Oct 29, 2015
Sold by
Mchenry Jay D and Mchenry Kelly A
Bought by
Mallison Robert G
List Price
$124,500
Sold Price
$108,500
Premium/Discount to List
-$16,000
-12.85%
Current Estimated Value
$169,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,009
Avg. Annual Appreciation
5.46%
Original Mortgage
$110,832
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jun 22, 2012
Sold by
Wright Daniel W and Wright Karen L
Bought by
Mchenry Jay D and Mchenry Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mallison Robert G -- None Available
Mchenry Jay D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallison Robert G $110,514
Closed Mallison Robert G $111,148
Closed Mallison Robert G $110,832
Previous Owner Mchenry Jay D $18,000
Previous Owner Mchenry Jay D $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $108,500 -12.9% $48 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $124,500 -- $55 / 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 $1,573 $157,300 $14,500 $142,800
2023 $1,317 $131,700 $14,500 $117,200
2022 $1,117 $111,700 $13,700 $98,000
2021 $1,090 $109,000 $13,700 $95,300
2020 $1,140 $114,000 $13,700 $100,300
2019 $1,134 $113,400 $13,700 $99,700
2018 $1,126 $113,400 $13,700 $99,700
2017 $1,083 $113,400 $13,700 $99,700
2016 $1,005 $113,400 $13,700 $99,700
2014 $1,103 $120,100 $13,700 $106,400
2013 $1,103 $118,700 $13,700 $105,000
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201447215

Indiana Regional MLS

APN: 27-07-06-204-027.000-002

Indiana Grant County Marion 46952 Euclid Triangle

616 W Spencer Ave, Marion, IN

This home is located at 616 W Spencer Ave, Marion, IN 46952 since 23 October 2014 and is currently estimated at $169,509, approximately $75 per square foot. This property was built in 1920. 616 W Spencer Ave 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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