Hang on a second...
USDAProperties.com is verifying property eligibility...

 

 

 

$59,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
621 W 5th St
Marion, IN 46953
4 bed 2 bath 2,774 SqFt ($21/SqFt)
4,356SqFt lot. Built 1910
Listed 2024-05-02, Taxes $1,392
Ⓧ USDA Ineligible
due to location

near Marion

Currently the lower unit is rented to a long-time tenant who wishes to stay in their home.

* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.

They take care of the yard work. This unit has gas heat. Rent is $540 monthly. There re 2 electric meters, 1 gas meter and 1 water meter.

Upper unit is available for rent, large 2 bedroom unit. Owner pays water/sewer/trash, approximately $90 m onthly. Tenants rights


Presented by KITTS, LINDA at
Kitts Realty.
Listing Agent Photo

Property MLS #202415067 from IRMLS

Bedrooms: 4

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Furnished Description: Building
Flooring: Carpet, Vinyl

Heating Features: Gas, Baseboard, Forced Air

Basement Description: Crawl, Partial Basement

Fencing: Partial, Privacy

Lot Description: Level
Lot Size Acres: 0.1
Lot Size Dimensions: 35 x 132
Lot Size Square Feet: 4356

Driveway: Gravel
Garage Spaces: 1
Garage Description: Off Street, Street

Elementary School: Riverview/Justice
High School: Marion
Middle School: McCulloch/Justice
School District: Marion Community Schools

Riverview Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Marion High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

Mcculloch Junior High School is a public middle school located approximately 2 miles away.
directions icon Map directions

Kinwell Academy Inc is a private high school located approximately 0.9 miles away.
directions icon Map directions

Number of Units: 2
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Unit-1 Square Feet: 1038
Unit-2 Square Feet: 868
Unit 1 Total Actual Rent: 540
Unit 2 Total Actual Rent: 600

Income Includes: 13680
Lease Term: 1 Year
Tenant Pays: Cable, Cooling, Electric, Heating

Community Features: Fenced Yard, Attic Storage, Attic-Walk-up, Cable Available, Countertops-Laminate, Deck Open, Porch Covered, Water Heater Electric

Annual Tax Amount: 1442
Source Listing Status: Sold
County: Grant County
Directions: From St Rd 18 East (4th) St, South on Nebraska, right (west) on 5th St
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 400
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Sewer, Tax, Trash Collection, Water
Parcel Number: 27-07-06-301-141.000-002
Property Location: City/Town/Suburb
Township: Center
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$61,700 + $4,000
$65,700
$1,392
2021$58,800 + $4,000
$62,800
$1,314
2020$58,800 + $4,000
$62,800
$1,256
2019$57,300 + $4,000
$61,300
$1,256
2018$62,200 + $4,000
$66,200
$1,226
2017$62,200 + $4,000
$66,200
$1,324
2016$63,100 + $4,000
$67,100
$1,324
2015$62,700 + $4,000
$66,700
$1,342
2013$62,700 + $4,000
$66,700
$2,513
2012$59,500 + $4,000
$63,500
$1,133
2011$51,900 + $4,000
$55,900
$1,067
2010$51,900 + $4,000
$55,900
$1,065

Sold 2024-06-12
$55,000
IRMLS
Listed 2024-05-02
$59,900
IRMLS
Sold 2021-01-18
$39,900
IRMLS
Listing removed 2019-04-09
$39,900
IRMLS
Listing removed 2019-03-12
$39,900
IRMLS
Listed 2018-10-08
$39,900
IRMLS
Listing removed 2013-12-22
$49,900
centralindiana
Listed 2013-06-23
$49,900
centralindiana
Listing removed 2012-03-27
$55,900
centralindiana
Listed 2011-09-27
$55,900
centralindiana
Listing removed 2010-08-03
$56,000
centralindiana
Listed 2009-01-29
$56,000
centralindiana

Net Operating Income: 10758

Total Square Feet Living: 2774
Year Built: 1910
Above Grade Finished Area: 2774
Below Grade Unfinished Area: 300
Property Age: 114
Roof: Asphalt
Levels or Stories: 1.5
Structure Type: Duplex
House Style: One and Half Story
Total Area Sqft: 3074
Total Below Grade Area: 300
Architectural Style: Contemporary

Sewer: City
City
Water Sewer Expense: 1080
Water Well: Community

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.