3749 S Washington St

Marion, IN 46953

$220,000
Last Sold Price
7
Beds
3,536 Sq. Ft.
$62 / Sq. Ft.
3,536
Sq. Ft.
$62
per Sq. Ft.
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Sold 2/9/24
Sold 2/9/24

Description

Great Investment Opportunity, right across from IWU! 5 Units Total! Unit 1 is on the main level and features 2 beds, open concept kitchen and living room, and washer and dryer hookup. Unit 2 is on the upper level and features 2 beds, 1 bath, open concept kitchen and living room. Unit 3 is also on the upper level and is a 1 bed with 1 bath, kitchen and living room. Unit 4 is on the backside, main level. It features 1 bed, 1 bath, kitchen and living room with a washer and dryer hookup too. Unit 5 is...Great Investment Opportunity, right across from IWU! 5 Units Total! Unit 1 is on the main level and features 2 beds, open concept kitchen and living room, and washer and dryer hookup. Unit 2 is on the upper level and features 2 beds, 1 bath, open concept kitchen and living room. Unit 3 is also on the upper level and is a 1 bed with 1 bath, kitchen and living room. Unit 4 is on the backside, main level. It features 1 bed, 1 bath, kitchen and living room with a washer and dryer hookup too. Unit 5 is on the backside, upper level and features 1 bed, 1 bath, open concept kitchen and living room, dining room, and a storage room outside of the front door. Newer Roof with transferable warranty through Kingdom Construction. All new electrical. New Exterior stairs on backside. New water heater in unit 4. Units 1 & 4 have their own plumbing and water heaters. Unit 2, 3, & 5 share. 3 new vinyl replacement windows installed. The majority of the units have all been rehabbed with the exception of unit 1. Units 1, 3, 4, & 5 are rented out with tenants. All units are on a month to month lease with the exception of Unit 5 and that lease is up in May. Property is being sold as is.
  1. Listed by Alexis Johnson • Nicholson Realty 2.0 LLC

Property Details for 3749 South Washington Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 02/09/2024 05:37 PM

Property Details for 3749 South Washington Street

StatusSold
MLS #202343992
Days on Market28
Taxes$1,600 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1930
Lot Size0.04 AC / 1,960 SF
CountyGrant County
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Location

Listing Courtesy of Nicholson Realty 2.0 LLC

Sold By Nicholson Realty 2.0 LLC

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Building Information for 3749 South Washington Street

Stories2Residences5Year Built1930Building Size-Lot Size0.04 AC / 1,960 SF

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$1,230 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,096

Property Taxes

$133

HOA Dues

$0

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Property Information for 3749 South Washington Street

Summary
Location and General Information
  • Area: Grant County
  • City: Marion
  • Zip Code: 46953
  • State: IN
  • Township: Center
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Fips Code: 18053
  • Directions To Property: From St Rd 9 turn East onto 38th St, turn South onto Washington and units are on the right side of the road.
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Assessed Value $: $72,400.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2022 Payable 2023
  • Parcel Number Id: 27-07-18-304-177.000-002
  • Parcel Id 2: 0718-304-177.000-16
School Information
  • School District: Marion Community Schools
  • Elementary: Frances Slocum/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.045
  • Lot Dimensions: 22x88
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 3536.0
  • Approx Lot Size Sqft: 1960.0
  • Above Grade Finished Sqft: 3536.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 3536.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 94
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: Indiana Michigan Power
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Marion Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Water Heater Electric, Washer Hook-Up
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Rubber
Interior Features
  • Number of Electric Meters: 5
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Window
  • Flooring: Carpet, Tile, Vinyl
  • Heating/Fuel: Gas, Baseboard, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 7
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 7
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 3
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 5
  • Num of Units Rented: 4
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $36,000
  • Annual Insurance Expense: $2,868
  • Annual Maint. Expense: $3,000
  • Annual Misc: $0
  • Annual Net Income: $26,288
  • Annual Property Tax: $1,600
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,244
  • Gross Monthly Income: $3,000
  • Gross Monthly Rent: $3,000
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Rent $: $600
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Deposit Amount: $500.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Upper
  • Unit 2-Unit Rent $: $700
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $500.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Rent $: $650
Unit 4
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 3
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Tenant
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: Other
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Rent $: $700
Unit 5
  • Unit 5-Num of Bedrooms: 1
  • Unit 5-Num of Rooms: 3
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: Yes
  • Unit 5-Deposit Amount: $350.00
  • Unit 5-Electric: Tenant
  • Unit 5-Garage Type: None
  • Unit 5-Garage: No
  • Unit 5-Laundry Room: None
  • Unit 5-Level: Main
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Rent $: $350
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 3749 South Washington Street

DateEvent & SourcePriceAppreciation
Feb 9, 2024

Sold

Indiana Regional MLS #202343992

$220,000—
Jan 4, 2024

Pending

Indiana Regional MLS #202343992

—
Dec 7, 2023

Listed (Active)

Indiana Regional MLS #202343992

$239,000—
DateEvent & SourcePrice
02/09/2024

Sold

Indiana Regional MLS #202343992

$220,000
01/04/2024

Pending

Indiana Regional MLS #202343992

—
12/07/2023

Listed (Active)

Indiana Regional MLS #202343992

$239,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3749 South Washington Street

Taxable ValueLand$3,400Additions$178,100Total$181,500
Tax Record2025$3,630 ($302 / month)
Home Facts
Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtStories2Lot Size1,936 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyGRANTAPN27-07-18-304-177.000-002

Schools near 3749 South Washington Street

This home is within Marion Community Schools.
Rating
School
Type
Grades
Distance
Frances Slocum Elementary School
Public - PK to 4
Justice Intermediate School
Public - 5 to 6
McCulloch Junior High School
Public - 7 to 8
Marion High School
Public - 9 to 12
Rating
School
Distance
Frances Slocum Elementary School
PublicPK to 4

Justice Intermediate School
Public5 to 6

McCulloch Junior High School
Public7 to 8

Marion High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Nicholson Realty 2.0 LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.