NOT LISTED FOR SALE

724 W 3rd St Marion, IN 46952

Martin Boots Neighborhood

Estimated Value: $45,000 - $52,000

7 Beds
5 Baths
5,170 Sq Ft
$9/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $27,500 $5 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $281/month

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Baseboard Heating
  • Victorian Architecture
  • Ceiling Fan

About This Home

As of March 2018

INVESTMENT PROPERTY! Four rentable units. Potentially eight units total with rehabilitation. MAKE OFFER!

Last Listed By

Molly Lindsay

Molly P. Lindsay, LLC Listed on: 02/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Allen/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Additional Features

  • Outbuilding
  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 27-07-06-301-042.000-002

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $97
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,595

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
  • Age: 118
  • Style: Two Story
  • Architectural Style: Victorian
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 16-07-1707 Lot 87 Whites 6TH Add |
  • Parcel Number ID: 27-07-06-301-042.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 91.97
  • Monthly Gross Income: 425
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 7507
  • Total Finished Sq Ft: 5170
  • Above Grade Finished Sq Ft: 5170
  • Above Grade Unfinished Sq Ft: 1558
  • Below Grade Sq Ft: 779
  • Price Per Sq Ft: 5.32
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 779
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 441

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Annual Electric: 96.72
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1594.78
  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Number Water Meters: 6

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 87

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 53200
  • Annual Property Tax: 1064

Multi Family

  • Gross Monthly Rent: 425
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

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
Nov 7, 2024
Sold by
County Of Grant
Bought by
Crestline Capital Llc
Total Days on Market
12
Current Estimated Value
$48,500

Purchase Details

Closed on
Jun 18, 2021
Sold by
Ploger Jonathan R
Bought by
Hipes Monte

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 7, 2018
Sold by
Conrad Management
Bought by
Monte Jonathan and Monte Hipes
Seller's Agent
Molly Lindsay
Molly P. Lindsay, LLC
Buyer's Agent
Jeff Bryan
Point1 Realty
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$27,500
Interest Rate
4.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 8, 2007
Sold by
Hochstetler Jay
Bought by
Wallach Pamela and Wallach Kendrick

Purchase Details

Closed on
May 31, 2005
Sold by
Kessler Kent K and Kessler Melissa S
Bought by
Managementee Conrad

Purchase Details

Closed on
Oct 10, 2002
Sold by
Not Provided
Bought by
Not Provided

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
Crestline Capital Llc $1,201 None Listed On Document
Hipes Monte -- None Available
Monte Jonathan $27,500 --
Ploger Jonathan R $27,500 Sycamore Land Title
Wallach Pamela $64,000 None Available
Managementee Conrad -- None Available
Not Provided $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ploger Jonathan R $27,500
Closed Wallach Pamela $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $27,500 -8.0% $5 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $29,900 -- $6 / 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 $116 $5,800 $5,800 $0
2023 $174 $5,800 $5,800 $0
2022 $144 $4,800 $4,800 $0
2021 $164 $8,200 $6,400 $1,800
2020 $1,066 $53,300 $6,400 $46,900
2019 $1,066 $53,300 $6,400 $46,900
2018 $1,064 $53,200 $6,400 $46,800
2017 $1,064 $53,200 $10,900 $42,300
2016 $1,064 $53,200 $10,900 $42,300
2014 $1,062 $53,100 $10,900 $42,200
2013 $1,062 $53,100 $10,900 $42,200
Source: Public Records

Agents Affiliated with this Home

  • Molly Lindsay

    Seller's Agent in 2018

    Molly Lindsay

    Molly P. Lindsay, LLC

    (765) 669-1453

    Section Image

  • J

    Buyer's Agent in 2018

    Jeff Bryan

    Point1 Realty

    (765) 603-7620

    3 Total Sales

    Jeff Bryan
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201804011

Indiana Regional MLS

APN: 27-07-06-301-042.000-002

Indiana Grant County Marion 46952 Martin Boots

724 W 3rd St, Marion, IN

Homes for Sale in Marion, IN

This home is located at 724 W 3rd St, Marion, IN 46952 since 01 February 2018 and is currently estimated at $48,500, approximately $9 per square foot. This property was built in 1900. 724 W 3rd St 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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