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$84,900 (Pending)

705 W 2ND Street Marion, IN  46952

  • 5 Beds
  • 3 Baths
  • 1,960 sq. Ft

Property Description for 705 W 2ND Street Marion, IN 46952

Income Producing! Perfect Investor Opportunity! Three-unit investment property in the center of town. Just minutes from shopping, grocery, hospital and downtown. The main house consists of one unit downstairs with 3 bedroom and 1 bath. Upstairs unit consists of 1 bedroom and 1 bath. Each has their own separate entries. Unit 3 is separate carriage house/garage apartment. There is a nice size laundry room with the downstairs unit that could easily be accessible to all three units.

Address:705 W 2ND Street Marion IN 46952
Status:Pending
on site: 35 days
Price:$84,900
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:1,960
Year Built:1939
Lot Size:0.13
County: Grant County
Township: Center
School System : Marion Community Schools
MLS #:202444460
Property Type:Triplex

Lot Dimensions:44 X 132
Directions:State Road 18 West to Hill Street, turn right. Go down one block to 1st Street. House sits on the West side of the road at the corner of 1st Street and Hill.
Total Sq. Ft. :1,960
Basement:Yes

Loan Price
$548
Price And Interest $443/month
Property Tax $70/month
MTG INS $0/month
HOME INS $35/month
Price
$84,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$70/month
Home Owner Insurance
$420 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom null x 1 Info Not Available
4th Bedroom 3 x 3 Info Not Available
5th Bedroom 3 x 3 Info Not Available
Family Room 645 x 645 Info Not Available

Semi-Annual Property Tax:$420
Tax Year:2024
Mandatory HOA Fee:$

City:Marion
Subdivision: White(s)
Zip Code:46952

High School:Marion
Middle School:McCulloch/Justice
Elementary School:Kendall/Justice

Total Sq. Ft.:1,960
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 Joe Schroder with RE/MAX Realty One

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 2352 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.