3502 South Boots Street

Marion, IN 46953

$130,000
Price
4
Beds
3
Baths
1,916 Sq. Ft.
$68 / Sq. Ft.
1,916
Sq. Ft.
$68
per Sq. Ft.

Description

Great investment opportunity located on a corner lot just blocks away from Indiana Wesleyan University! All 3 units are rented bringing in a monthly gross revenue of $1450. Downstairs includes a one bedroom and a two bedroom unit. Upstairs has a one bedroom unit that has been completely remodeled. Property has a new roof, new windows, new plumbing, and new exterior work all done this year.Great investment opportunity located on a corner lot just blocks away from Indiana Wesleyan University! All 3 units are rented bringing in a monthly gross revenue of $1450. Downstairs includes a one bedroom and a two bedroom unit. Upstairs has a one bedroom unit that has been completely remodeled. Property has a new roof, new windows, new plumbing, and new exterior work all done this year.
  1. Listed by Christy Dechert • The Hardie Group

Property Details for 3502 South Boots Street

Style
One and Half Story
Subdivision
None
Waterfront
No
Water Features
None
Pet Restrictions
Yes
LISTING UPDATED: 11/07/2024 02:15 PM

Property Details for 3502 South Boots Street

StatusActive
MLS #202441518
Days on Market53
Taxes$1,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyGrant County

Building Information for 3502 South Boots Street

Stories1Residences3Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 3502 South Boots 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 SR 9 & 31 (Bypass), East on 38th St, then North on S Boots St
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 27-07-18-402-103.000-002
School Information
  • School District: Marion Community Schools
  • Elementary: Frances Slocum/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.1
  • Lot Dimensions: 50x86
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1916.0
  • Approx Lot Size Sqft: 4356.0
  • Above Grade Finished Sqft: 1916.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1916.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Electric
  • Exterior: Aluminum
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Wall AC, Window
  • Flooring: Carpet, Laminate, Tile
  • Heating/Fuel: Electricity, Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $17,400
  • Annual Insurance Expense: $1,200
  • Annual Maint. Expense: $200
  • Annual Misc: $0
  • Annual Net Income: $13,786
  • Annual Property Tax: $1,014
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,200
  • Gross Monthly Income: $1,450
  • Gross Monthly Rent: $1,450
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-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $525
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $400
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-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $525
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Property History for 3502 South Boots Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3502 South Boots Street

Taxable ValueLand$6,200Additions$44,500Total$50,700
Tax Record2023$1,014 ($84 / month)
Home Facts
Baths3Total Finished SqFt1,916 SqFtAbove Grade Finished SqFt1,916 SqFtStories2Lot Size4,300 SqFtStyleDuplexYear Built1949CountyGRANTAPN27-07-18-402-103.000-002

Schools near 3502 South Boots 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
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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3502 South Boots Street is a multi-family home for sale in Marion, IN 46953. This property was listed for sale on October 25, 2024 by The Hardie Group, it's currently listed at $130,000. It has been on the market for a total of 53 days and was last sold on March 5, 2024. This listing's school district is Marion Community Schools. Nearby schools include Frances Slocum Elementary School, Justice Intermediate School and Mcculloch Junior High School. 3502 South Boots Street is a 4-bed, 3-bath, 1,916 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Hardie Group

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.