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(SOLD) $124,000

602 N Norton Avenue Marion, IN  46952

  • 3 Beds
  • 1 Baths
  • 936 sq. Ft

Property Description for 602 N Norton Avenue Marion, IN 46952

Welcome to your next investment opportunity! This property has been freshly renovated and well maintained. Various updates from the remodel include a new flooring, windows, and interior. This home is currently tenanted and generates a steady cash flow of $1,050/month. Tenants are responsible for all utilities. Lease is month to month, offering the flexibility to implement any new strategies as desires. Don't miss out on this prime opportunity to secure a turnkey rental property.

Address:602 N Norton Avenue Marion IN 46952
Status:Sold
Sold On: 6/28/2024
Price:$120,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:936
Year Built:1957
Lot Size:0.17
County: Grant
Township: Pleasant
MLS #:21973069
Property Type:Single Family Residence

Lot Dimensions:7260
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :936
Total Sq. Ft. :936

Loan Price
$835
Price And Interest $647/month
Property Tax $136/month
MTG INS $0/month
HOME INS $52/month
Price
$124,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$136/month
Home Owner Insurance
$624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 10x10 Main
Kitchen 10x10 Main
Primary Bedroom 10x10 Main
Bedroom 2 10x10 Main
Bedroom 3 10x10 Main

Semi-Annual Property Tax:$818
Tax Year:2023
Mandatory HOA Fee:$

Area: 2702 - Grant - Pleasant
City:Marion
Subdivision: No Subdivision
Zip Code:46952

Total Sq. Ft.:936
Interior Features:Windows Vinyl
Eating Area(s):None
Appliances:None
Exterior Type:Brick, Vinyl Siding
Cool:Central Electric
Heat:Electric
Water Heater:None
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Michael Nauman with RE/MAX Advanced Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/11/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Marion Market Report

168
Avg. DOM
$91.92
Avg. $ / Sq.Ft.
$ 129,950
Med. List Price

The house prices in Marion are indeed dropping at the moment. There has been a decrease in price of $65,435.04. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Marion are going Down. The average house price is $132,500.00 and the average price per square feet is $93.33 per square feet. At the moment, the amount of homes listed is exactly 458 houses, with 129 with active status, 28 with pending status and 301 sold in Marion .

The most popular place to buy a home in Marion is 2707 - Grant - Center. 2707 - Grant - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Marion .

The average amount of property taxes you would have to pay for a home in Marion is $953.84. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Marion are staying listed for an average of 64 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Marion was 2086 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Marion is $589,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Marion is $6,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Marion in year 1889 and the newest built house is in year 2022.

The average size of properties in Marion is 1579.4 sq.ft. , the biggest one being 6000 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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