717 W 3rd St

$153,000
Price
5
Beds
2,236 Sq. Ft.
$68 / Sq. Ft.
2,236
Sq. Ft.
$68
per Sq. Ft.

Description

Back on market at no fault of the seller! 2 properties, 1 parcel for a great price! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled...Back on market at no fault of the seller! 2 properties, 1 parcel for a great price! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled with new flooring throughout, fresh paint, new kitchen, new half bath and some new windows. It has a large covered porch that would be great place to enjoy your morning coffee during the warmer months. There are no appliances in the vacant unit If rented out it is estimated that it could bring in $1,100.00 The two studios are rented out and rent and utilities are as follows: Both tenants pay $600 in rent Studio A tenant pays a flat water fee of $65.00 + $30 pet fee Studio C tenant pays a flat water fee of $65.00 The tenants pay their own electricity
  1. Listed by Knowe Dials • F.C. Tucker Fort Wayne
  2. Listed by Francesca Dials • F.C. Tucker Fort Wayne

Property Details for 717 West 3rd Street

Style
Two Story
Subdivision
White(s)
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 10/03/2025 02:02 AM

Property Details for 717 West 3rd Street

StatusPending
MLS #202517289
Days on Market54
Taxes$1,506 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.12 AC / 5,351 SF
CountyGrant County

Location

Listing Courtesy of F.C. Tucker Fort Wayne
Add your commute

Building Information for 717 West 3rd Street

Stories2Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,351 SF

Payment Calculator

$882 per month

30 year fixed, 6.28% Interest

Principal and Interest

$756

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 717 West 3rd Street

Summary
Location and General Information
  • Area: Grant County
  • City: Marion
  • Zip Code: 46952
  • State: IN
  • Township: Center
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Fips Code: 18053
  • Directions To Property: Property located on corner of 3rd Street and Horace Mann Court in Marion Indiana. 717 W 3rd is on the Southwest Corner
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 27-07-06-301-060.000-002
School Information
  • School District: Marion Community Schools
  • Elementary: Frances Slocum/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
Parking
  • Number Of Parking Spaces: 0
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.12
  • Lot Dimensions: 64x84
  • Below Grade Unfin Sqft: 388.0
  • Total Square Feet: 2624.0
  • Approx Lot Size Sqft: 5351.0
  • Above Grade Finished Sqft: 2236.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 388.0
  • Total Finished Sqft: 2236.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 125
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Water Heater Electric, Sump Pump, Washer Hook-Up
  • Exterior: Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Michigan Basement
  • Cooling: None
  • Flooring: Carpet, Laminate, Wood
  • Heating/Fuel: Electricity
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 2
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 1
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 1
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 2
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $14,400
  • Annual Insurance Expense: $2,400
  • Annual Maint. Expense: $1,000
  • Annual Misc: $0
  • Annual Net Income: $7,934
  • Annual Property Tax: $1,506
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,560
  • Gross Monthly Income: $1,200
  • Gross Monthly Rent: $1,200
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $600.00
  • Unit 1-Electric: Owner
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Gas: None
  • Unit 1-Lease Exp Date: 05-31-2025
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $600
Unit 2
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 3
  • Unit 2-Num of Rooms: 6
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: None
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 1
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $600.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Gas: None
  • Unit 3-Laundry Room: None
  • Unit 3-Lease Exp. Date: 12-31-2025
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: c
  • Unit 3-Unit Rent $: $600
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating, Lawn Maintenance, Snow Removal, Trash Collection

Property History for 717 West 3rd Street

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Pending

Indiana Regional MLS #202517289

May 12, 2025

Price Change

Indiana Regional MLS #202517289

$175,000
May 12, 2025

Price Change

Indiana Regional MLS #202517289

$153,000
May 12, 2025

Listed (Active)

Indiana Regional MLS #202517289

$139,900
Apr 30, 2025

Expired

Indiana Regional MLS #202502918

Apr 30, 2025

Withdrawn

Indiana Regional MLS #202502918

Mar 19, 2025

Pending

Indiana Regional MLS #202502918

Jan 30, 2025

Price Change

Indiana Regional MLS #202502918

$245,000
Jan 30, 2025

Price Change

Indiana Regional MLS #202502918

$239,900
Jan 30, 2025

Listed (Active)

Indiana Regional MLS #202502918

$219,900
Aug 18, 2023

Sold (Public Record)

Public Record #1521178344

$110,000
Aug 17, 2023

Sold (Public Record)

Public Record #1521178343

$72,000

+21.7% / yr

Sep 12, 2022

Sold (Public Record)

Public Record #1510419915

$60,000
DateEvent & SourcePrice
09/29/2025

Pending

Indiana Regional MLS #202517289

05/12/2025

Price Change

Indiana Regional MLS #202517289

$175,000
05/12/2025

Price Change

Indiana Regional MLS #202517289

$153,000
05/12/2025

Listed (Active)

Indiana Regional MLS #202517289

$139,900
04/30/2025

Expired

Indiana Regional MLS #202502918

04/30/2025

Withdrawn

Indiana Regional MLS #202502918

03/19/2025

Pending

Indiana Regional MLS #202502918

01/30/2025

Price Change

Indiana Regional MLS #202502918

$245,000
01/30/2025

Price Change

Indiana Regional MLS #202502918

$239,900
01/30/2025

Listed (Active)

Indiana Regional MLS #202502918

$219,900
08/18/2023

Sold (Public Record)

Public Record #1521178344

$110,000
08/17/2023

Sold (Public Record)

Public Record #1521178343

$72,000

+21.7% / yr

09/12/2022

Sold (Public Record)

Public Record #1510419915

$60,000

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

Public Records for 717 West 3rd Street

Taxable ValueLand$7,600Additions$118,700Total$126,300
Tax Record2024$2,526 ($210 / month)
Home Facts
Beds2Baths4Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories2Lot Size8,448 SqFtStyleSingle Family ResidenceYear Built1925Year Renovated1939CountyGRANTAPN27-07-06-301-060.000-002

Schools near 717 West 3rd Street

This home is within Marion Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Riverview 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 F.C. Tucker Fort Wayne

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.