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$67,000 ↓$5,000on 10/3/2024

715 E Sherman Street Marion, IN  46952

  • 2 Beds
  • 1 Baths
  • 1,085 sq. Ft

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Property Description for 715 E Sherman Street 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 roof, flooring, windows, and interior. This home is currently tenanted and generates a steady cash flow of $800/month. Tenants are responsible for all utilities and the lease expires in January of 2025. Don't miss out on this prime opportunity to secure a turnkey rental property.

Address:715 E Sherman Street Marion IN 46952
Status:Active
on site: 221 days
Price:$67,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,085
Year Built:1915
Lot Size:0.32
County: Grant
Township: Center
MLS #:21973070
Property Type:Single Family Residence

Lot Dimensions:14000
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,085
Total Sq. Ft. :1,085

Loan Price
$448
Price And Interest $350/month
Property Tax $70/month
MTG INS $0/month
HOME INS $28/month
Price
$67,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$70/month
Home Owner Insurance
$336 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/03/24 $72,000 $67,000 -6.94%
09/17/24 $75,000 $72,000 -4%
07/18/24 $80,000 $75,000 -6.25%
05/28/24 $70,000 $80,000 14.29%
05/24/24 $470,000 $70,000 -85.11%
05/03/24 $650,000 $470,000 -27.69%

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

Semi-Annual Property Tax:$421
Tax Year:2023
Mandatory HOA Fee:$

Area: 2707 - Grant - Center
City:Marion
Subdivision: No Subdivision
Zip Code:46952

Total Sq. Ft.:1,085
Interior Features:Windows Vinyl
Eating Area(s):None
Appliances:None
Exterior Type:Wood
Cool:Central Electric
Heat:Forced Air
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

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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

159
Avg. DOM
$91.66
Avg. $ / Sq.Ft.
$ 124,900
Med. List Price

The house prices in Marion are not dropping at the moment. There has been a increase in price of $27,870.32. 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 Up. The average house price is $119,900.00 and the average price per square feet is $87.77 per square feet. At the moment, the amount of homes listed is exactly 802 houses, with 127 with active status, 32 with pending status and 643 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 $1,002.60. 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 1108 minutes ago.

At the moment we have 1 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 $1.00 . 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 1875 and the newest built house is in year 2022.

The average size of properties in Marion is 1609.97 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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