NOT LISTED FOR SALE

7119 E 500 S Marion, IN 46953

Estimated Value: $336,493

31 Acres
$10,754 Price per Acre
1,362,992 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $200,000

Est. 68% increase in value since last sale

Current estimated payment $1,899/month

151 Days on Market

About This Lot

As of March 2020

31.5 acres of farmland located on SR22 within half a mile of the interstate I69. 1200 ft of road frontage on SR 22 and 630 ft of road frontage on 700 E. This land has great potential for commercial development. There is potential for Gas City water and sewer being ran to this property.

Last Agent to Sell the Property

Nate Nicholson

Nicholson Realty 2.0 LLC Listed on: 09/23/2019

Last Buyer's Agent

Jim Nicholson

Nicholson Realty 2.0 LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $562

Lot Details

  • 31.29 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

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

Farming

  • Agricultural

Community Details

  • Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-08-32-300-019.000-020

Property Details

Property Type

Land

Est. Annual Taxes

$562

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 07-02-426 PT W SW SEC 32; 31.29 A
  • Parcel Number ID: 27-08-32-300-019.000-020
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 80.32
  • Parcel Description: Corner, Level, Partially Wooded, Tillable, 15+
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Electricity Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 31 acres
  • Estimated Lot Sq Ft: 1362992
  • Estimated Lot Size Acres: 31.29

Tax Info

  • Annual Taxes: 562.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Thompson Samuel D and Kline Bradley
Bought by
Kline Bradley and Thompson Samuel D
Current Estimated Value
$336,493

Purchase Details

Listed on
Sep 23, 2019
Closed on
Mar 6, 2020
Sold by
Porter Jay E
Bought by
Thompson Samuel D and Kline Bradley
Seller's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Jim Nicholson
Nicholson Realty 2.0 LLC
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
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
Kline Bradley -- None Listed On Document
Kline Bradley -- None Listed On Document
Thompson Samuel D -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $200,000 -19.7% --
02/21/2020 02/21/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $249,000 -- --
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 $779 $49,600 $49,600 $0
2023 $670 $41,300 $41,300 $0
2022 $543 $32,600 $32,600 $0
2021 $482 $28,100 $28,100 $0
2020 $471 $27,900 $27,900 $0
2019 $546 $33,900 $33,900 $0
2018 $562 $35,300 $35,300 $0
2017 $610 $40,600 $40,600 $0
2016 $616 $42,900 $42,900 $0
2014 $666 $48,300 $48,300 $0
2013 $666 $40,900 $40,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Nate Nicholson

    Seller's Agent in 2020

    Nate Nicholson

    Nicholson Realty 2.0 LLC

    (765) 661-8516

    142 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jim Nicholson

    Nicholson Realty 2.0 LLC

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201941751

Indiana Regional MLS

APN: 27-08-32-300-019.000-020

Indiana Grant County Marion 46953

7119 E 500 S, Marion, IN

This home is located at 7119 E 500 S, Marion, IN 46953 since 23 September 2019 and is currently estimated at $336,493. 7119 E 500 S is a home located in Grant County with nearby schools including Eastbrook 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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