$68,000
$7K PRICE DROP

Estimated payment $464/month

Total Views 2,478
3 Beds
1 Bath
876 Sq Ft
$78 Price per Sq Ft

Highlights

  • No HOA
  • Wrap Around Porch
  • Bungalow
  • Neighborhood Views
  • Walk-In Closet
  • 1-Story Property

About This Home

This property represents a high-yield, low-volatility acquisition opportunity within the stable housing market of Marion, Indiana. Targeted specifically at the workforce housing demographic, this asset is designed to generate consistent, passive cash flow through long-term tenant occupancy. The property's fundamental metrics-a 3-bedroom, 1-bath footprint-place it squarely in the "sweet spot" for local rental demand, ensuring that the property remains competitive against both higher-cost alternatives and lower-quality housing stock. PROPERTY HIGHLIGHTS Rental Demand: The 3-bedroom, 1-bath configuration is a versatile product type, appealing to small families and long-term tenants. Market Trends: Recent data indicates a steady appreciation in rental rates, with 3-bedroom units in the broader Marion area averaging approximately $1,025 per month. Strategic Advantage: The local rental market is bolstered by an affordability ratio significantly more favorable than national averages, minimizing tenant turnover and vacancy risks compared to higher-cost-of-living metros.

Listing Agent

Justin Lowe

Ellsbury Group Brokerage Email: justin.lowe@ellsburygroup.com License #RB19001645 Listed on: 06/01/2026

Co-Listing Agent

David Orton

Ellsbury Group Brokerage Email: justin.lowe@ellsburygroup.com License #RB14052148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1900 | Remodeled

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Neighborhood Views
  • Crawl Space
  • Fire and Smoke Detector
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Additional Features

  • Wrap Around Porch
  • 5,980 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 270717202179000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,164

Year Built

Built in 1900 | Remodeled

Lot Details

5,980 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1900
  • Building Area Total: 876
  • Co List Office Phone: 219-200-5133
  • Garage Y N: No
  • Lot Size Acres: 0.14
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: justin.lowe@ellsburygroup.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Microwave, Water Heater, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Living Area: 876
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 876
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Wrap Around
  • Property Condition: Updated/Remodeled
  • View: Neighborhood
  • View Y N: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5980
  • Parcel Number: 270717202179000002
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1164
  • Tax Lot: 68
  • Semi Annual Property Tax Amt: 582

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,164 $58,200 $5,700 $52,500
2024 $546 $26,000 $5,700 $20,300
2023 $520 $26,000 $5,700 $20,300
2022 $520 $26,000 $4,100 $21,900
2021 $520 $26,000 $4,300 $21,700
2020 $520 $26,000 $4,300 $21,700
2019 $520 $26,000 $4,300 $21,700
2018 $520 $26,000 $4,300 $21,700
2017 $520 $26,000 $4,300 $21,700
2016 $520 $26,000 $4,300 $21,700
2014 $520 $26,000 $4,300 $21,700
2013 $520 $26,000 $4,300 $21,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Price Changed $68,000 -9.2% $78 / Sq Ft
06/01/2026 06/01/26 For Sale $74,900 -- $86 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22105381

MIBOR Broker Listing Cooperative®

APN: 27-07-17-202-179.000-002

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