616 And 614 E Morton Street

Marion, IN 46952

$133,000
Last Sold Price
4
Beds
1,542 Sq. Ft.
$86 / Sq. Ft.
1,542
Sq. Ft.
$86
per Sq. Ft.

Description

Back on the market, due to the buyer being unable to obtain financing! Discover this meticulously maintained investment property showcasing pride of ownership! Featuring two separate units, each with two bedrooms and one bath, this property offers a fantastic opportunity for both seasoned investors and first-time buyers. Dual Units: Each unit is thoughtfully designed with two bedrooms and one bath, perfect for attracting quality tenants. Shared Detached Garage: Used as shared storage. There is no...Back on the market, due to the buyer being unable to obtain financing! Discover this meticulously maintained investment property showcasing pride of ownership! Featuring two separate units, each with two bedrooms and one bath, this property offers a fantastic opportunity for both seasoned investors and first-time buyers. Dual Units: Each unit is thoughtfully designed with two bedrooms and one bath, perfect for attracting quality tenants. Shared Detached Garage: Used as shared storage. There is no power, but is accessible. Utilities: Unit 616 is metered with electric and gas, while 614 is all electric. Owner pays water, trash and sewage. (shared source). Appliance Package: All appliances are included in both units, with brand new appliances in 614. Upgraded Unit: 614 has been recently updated with fresh paint and new carpet, making it move-in ready and highly desirable. Live-in Opportunity: With the accessory unit available, you have the unique opportunity to live in the front unit while enjoying the benefits of rental income from the back unit
  1. Listed by Kerri Mitchener • Howell Realty Group, LLC

Property Details for 616 And 614 E Morton Street

Style
One Story
Architectural Style
Bungalow
Subdivision
Clunk(s)
Waterfront
No
Water Features
None
Pet Restrictions
No
LISTING UPDATED: 12/20/2024 03:37 PM

Property Details for 616 And 614 E Morton Street

StatusSold
MLS #202439073
Days on Market69
Taxes$796 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1930
Lot Size0.20 AC / 8,712 SF
CountyGrant County

Building Information for 616 And 614 E Morton Street

Stories1Residences2Year Built1930Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 616 And 614 E Morton Street

Summary
Location and General Information
  • Area: Grant County
  • City: Marion
  • Zip Code: 46952
  • City Zoning: R3
  • State: IN
  • Township: Washington
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Road Access: City
  • Inside City Limits: Yes
  • Zoning Description: Low Density Single and Multi-Family Res
  • Fips Code: 18053
  • Directions To Property: GPS friendly
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 27-02-32-303-014.000-033
School Information
  • School District: Marion Community Schools
  • Elementary: Allen/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
Parking
  • Number Of Parking Spaces: 6
  • Parking: Gravel
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: 66x132
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1542.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 1542.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1542.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: 0-2.9999
  • Outbuilding Length: 21.0
  • Outbuilding Sqft: 315
  • Outbuilding Width: 15.0
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 94
  • Documents Available: Income/Expenses, LBP Form, Lease, Sellers Disclosure, Utility Bill Information, Zoning
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Marion Utilities
  • Water Utility: City
  • Water Type: None
  • Water Access: None
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Cable Available, Cable Ready, Countertops-Laminate, Deck Open, Eat-In Kitchen, Porch Covered, Storm Doors, Water Heater Electric
  • Common Amenities: None
  • Driveway: Gravel
  • Exterior: Vinyl, Other
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 1
  • 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: 2
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating/Fuel: Electricity, Gas, Forced Air
  • Stories: 1
  • 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: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 2
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $14,400
  • Annual Insurance Expense: $1,325
  • Annual Maint. Expense: $573
  • Annual Misc: $0
  • Annual Net Income: $10,272
  • Annual Property Tax: $796
  • Annual Trash Expense: $717
  • Annual Water/Sewer Exp: $717
  • Gross Monthly Income: $1,200
  • Gross Monthly Rent: $1,200
Unit Information
Unit 1
  • Unit 1 SqFt: 825
  • 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-Gas: Tenant
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 616
  • Unit 1-Unit Rent $: $600
Unit 2
  • Unit 2 SqFt: 720
  • 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: No
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Utility Room
  • Unit 2-Level: Main
  • Unit 2-Unit Number: 614
  • Unit 2-Unit Rent $: $600
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Property History for 616 And 614 E Morton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 616 And 614 E Morton 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
Allen 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 Howell Realty Group, LLC

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