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$120,000

Listing Price

--beds

2baths

1,465sqft

1,650sqft lot

413 S Grove St, Marion, IN 46953

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Multi-Family

Home type

--

Price / sqft

1896

Year built

Home Details

Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated with vacancies and tenant placement. Proven Income: With its history of stable occupancy and rent collection, this property provides a predictable cash flow, making it a low-stress addition to any investment portfolio. Ideal for Passive Investors: The stabilized nature of this duplex means you can step into a fully operational asset, minimizing the initial legwork and maximizing your returns. Turnkey Condition: Meticulously maintained and in excellent condition, this property requires minimal immediate capital expenditure, allowing you to focus on the returns. Robust Marion Market: Marions real estate market is on the rise, with strong demand for rentals and a positive trend in property values. This investment is positioned for both immediate income and long-term appreciation.

Interior Details

Square Feet
  • 1465

Bedrooms
  • N/A

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 1650

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$286

$2,300

$12,500

--%

$14,800

2018

$280

$2,300

$12,000

--%

$14,300

2017

$480

$2,300

$11,700

--%

$14,000

2016

$486

$2,300

$21,700

--%

$24,000

2016

$486

$2,300

$21,700

--%

$24,000

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Average Home Price in 46953

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
120,000
$
Down payment
24,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
720
$
HOA (Monthly)
0
$
PMI
0
$
$777
Your Payment
Total Monthly Payment:$777
Percent of Income:13%
Affordable:Yes

Details for 413 S GROVE ST

Property Debt

Foreclosure Contact Details