NOT LISTED FOR SALE

717 W 3rd St Unit 3 Marion, IN 46952

Downtown Marion Neighborhood

Estimated Value: $133,000 - $150,000

5 Beds
4 Baths
2,236 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $60,000 $27 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $948/month

22 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Porch
  • Entrance Foyer
  • Level Lot

About This Home

As of September 2022

This property will be sold with 312 Horace Mann Court, directly behind. The Listed price is for both houses. Total 4 units.

Last Agent to Sell the Property

Carolyn Swan

Swan Real Estate Management Listed on: 08/23/2022

Last Buyer's Agent

Franki Dials

F.C. Tucker Fort Wayne

F.C. Tucker Fort Wayne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,448 Sq Ft Lot
  • Lot Dimensions are 64x132
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Schools

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

Utilities

  • Heating System Uses Gas
  • Community Well
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for water
  • Assessor Parcel Number 27-07-06-301-060.000-002

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • White Subdivision

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $2,424
  • Maintenance Expense $1,000
  • Water Sewer Expense $660

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-07-1692 Lot 71 EX 2' W/SD WHITES 5TH ADD
  • Parcel Number ID: 27-07-06-301-060.000-002
  • Platted: Yes
  • Amenities: Basement, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Porch Open, Water Heater Electric, Washer Hook-Up
  • Cross Street: Horace Mann Court
  • Inside City Limits: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 2624
  • Total Finished Sq Ft: 2236
  • Above Grade Finished Sq Ft: 2236
  • Below Grade Sq Ft: 388
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Main Level Sq Ft: 1460
  • Total Below Grade Sq Ft: 388
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Well Type: Community
  • Annual Insurance Expense: 2424
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 660
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

  • Elementary School: Frances Slocum/Justice

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 64x132
  • Estimated Lot Sq Ft: 8448
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1506

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Num Of Efficiencies: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Schwartz Jeffrey
Bought by
Upcycle Me Realty Llc
Current Estimated Value
$141,164

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 16, 2022
Sold by
Vernal Marcella Swan Family Trust
Bought by
Schwartz Jeff
Seller's Agent
Carolyn Swan
Swan Real Estate Management
Buyer's Agent
Franki Dials
F.C. Tucker Fort Wayne
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.50%

Purchase Details

Closed on
Feb 3, 2014
Sold by
Swan Carol S
Bought by
Vernal Marcella Swan Family Trust 2
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Upcycle Me Realty Llc -- None Listed On Document
Schwartz Jeff -- --
Vernal Marcella Swan Family Trust 2 -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $60,000 -19.9% $27 / Sq Ft
08/23/2022 08/23/22 For Sale $74,900 -- $33 / 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 $2,526 $126,300 $7,600 $118,700
2023 $1,506 $75,300 $7,600 $67,700
2022 $1,506 $75,300 $7,400 $67,900
2021 $1,506 $75,300 $7,400 $67,900
2020 $1,506 $75,300 $7,400 $67,900
2019 $1,506 $75,300 $7,400 $67,900
2018 $1,506 $75,300 $7,400 $67,900
2017 $1,516 $75,400 $7,400 $68,000
2016 $1,516 $75,400 $7,400 $68,000
2014 $1,513 $75,300 $7,400 $67,900
2013 $1,513 $105,900 $7,400 $98,500
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Swan

    Seller's Agent in 2022

    Carolyn Swan

    Swan Real Estate Management

    (765) 206-0237

    2 in this area

    15 Total Sales

    Carolyn Swan
    Section Image
  • Franki Dials

    Buyer's Agent in 2022

    Franki Dials

    F.C. Tucker Fort Wayne

    (806) 789-8252

    2 in this area

    51 Total Sales

    Franki Dials
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202235156

Indiana Regional MLS

APN: 27-07-06-301-060.000-002

Indiana Grant County Marion 46952 Downtown Marion

717 W 3rd St Unit 3, Marion, IN

Not Listed for Sale

MultiFamily

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