$84,000
SOLD OCT 9, 2020

740 W 5th St Marion, IN 46953

Garfield Neighborhood
7 Beds
4 Baths
4,453 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

11% Below List Price

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Corner Lot
  • Covered patio or porch

About This Home

As of April 2023

Clean, Neat, Spacious with loads of opportunity & potential! This home is located within Marion's Historic District and neighbors to the Wilson Vaughan Hostess House! Utilize this residence as a single family home or divide the easily adaptable space (previously 4 units). There are 7 Bedrooms & 4 Full Bathrooms. Spacious Main Kitchen & 2 Kitchenettes. Foyer Entry with original woodwork, Formal Dining Room, Formal Living Room. Vinyl Sided Exterior, Single Layer Roof is Only 6 years old, Updated Pex Plumbing. Dry Lower Level Basement. Great Wrap Around Porch spaces. Off Street Parking off of Alley Way, Separate 2 Car Detached Garage/Storage Building. Neutral Decor throughout, just move right in! Immediate Possession!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1870

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66x126
  • Corner Lot
  • Level Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-06-301-108.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1870
  • Age: 150
  • Style: Two and Half Story
  • Architectural Style: Historic, Traditional
  • Total Number of Rooms: 12
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 16-07-1736 LOT 120 WHITES 9TH ADD
  • Parcel Number ID: 27-07-06-301-108.000-002
  • Platted: Yes
  • Amenities: Attic-Walk-up, Cable Available, Cable Ready, Ceiling-9+, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Porch Covered, Range/Oven Hook Up Gas, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 88.51
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 6009
  • Total Finished Sq Ft: 4453
  • Above Grade Finished Sq Ft: 4453
  • Below Grade Sq Ft: 1556
  • Price Per Sq Ft: 18.86
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm, Electric, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 19x18, On Level: Main
  • Dining Room: Dimensions: 18x18, On Level: Main
  • Den: Dimensions: 12x10, On Level: Upper
  • Recreation Room: Dimensions: 16x14, On Level: Upper
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 15x15, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • Bedroom 4: Dimensions: 16x15, On Level: Upper
  • Bedroom 5: Dimensions: 16x14, On Level: Upper
  • Main Level Sq Ft: 1701
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1556

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 16x24
  • Garage Sq Ft: 384
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum

Schools

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

Lot Info

  • Lot Description: Corner, Level, Slope
  • Lot Dimensions: 66x126
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 1022
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 20, 2023
Sold by
Funk Todd N and Funk Natalie E
Bought by
Jjkm Investments Llc
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$159,900
Sold Price
$159,900
Views
67
Current Estimated Value
$175,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,406
Avg. Annual Appreciation
1.24%
Original Mortgage
$119,925
Outstanding Balance
$117,388
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$47,082

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 9, 2020
Sold by
Buntain John D and Buntain Christina A
Bought by
Funk Todd N and Funk Natalie E
List Price
$94,900
Sold Price
$84,000
Premium/Discount to List
-$10,900
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.97%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Hsbc Mortgage Services Inc
Bought by
Buntain John D and Buntain Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
11.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2006
Sold by
Hon Susan E and Hon Matthew D
Bought by
Hsbc Mortgage Services Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $159,900 None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $83,030 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,925 New Conventional
Previous Owner $83,892 FHA
Previous Owner $52,000 Adjustable Rate Mortgage/ARM
Previous Owner $94,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $159,900 0.0% $36 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $159,900 +90.4% $36 / Sq Ft
10/09/2020 10/09/20 Sold $84,000 -11.5% $19 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $94,900 -- $21 / 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 $2,792 $139,600 $7,700 $131,900
2023 $1,298 $129,800 $7,700 $122,100
2022 $994 $99,400 $7,500 $91,900
2021 $986 $98,600 $7,500 $91,100
2020 $1,009 $100,900 $7,500 $93,400
2019 $1,022 $102,200 $7,500 $94,700
2018 $969 $99,900 $7,500 $92,400
2017 $537 $76,600 $7,500 $69,100
2016 $498 $76,600 $7,500 $69,100
2014 $505 $77,300 $7,500 $69,800
2013 $505 $77,400 $7,500 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Schroder

    Seller's Agent in 2023

    Joe Schroder

    RE/MAX

    (765) 661-0327

    14 in this area

    697 Total Sales

    Section Image
  • Charise Goodnight

    Buyer's Agent in 2023

    Charise Goodnight

    RE/MAX

    (765) 438-7731

    2 in this area

    394 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202034085

Indiana Regional MLS

APN: 27-07-06-301-108.000-002

Indiana Grant County Marion 46953 Garfield

740 W 5th St, Marion, IN

This home is located at 740 W 5th St, Marion, IN 46953 and is currently priced at $84,000, approximately $18 per square foot. This property was built in 1870. 740 W 5th 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.

Nearby Homes