7 months on rocket

703 E 28th St, Marion, IN, 46953

$75,000

Home List Price

$891*

Closing Credit

3 Bedrooms
1 Full Bath
1,085 SqFt
$69/SqFt
House

Location

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703 E 28th St, Marion$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1959
HeatingElectric
CoolingCentral Air
MLS #21973063
Lot Size0.21 Acres
StatusActive

About 703 E 28th St

Welcome to your next investment opportunity! This property has been freshly renovated and well maintained. Various updates from the remodel include a new roof, flooring, windows, and interior. This home is currently tenanted and generates a steady cash flow of $850/month. Tenants are responsible for all utilities and the lease expires in February of 2025. Don't miss out on this prime opportunity to secure a turnkey rental property.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1959
  • Living Area: 1,085 SqFt

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: m.nauman@indyhomepros.com
  • Listing Agent: Michael Nauman

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Interior: Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $588
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marion, IN.

Med. Sold Price

$120K

Med. Price/SqFt

$87

Avg. Days On Market

21

# of Sold Homes

47

703 E 28th St vs Marion

225 DAYS ON ROCKET

+204 Days

$75,000

-$45K Less

$69/SqFt

-$19 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $19/SqFt less than other homes in Marion, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21973063

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: m.nauman@indyhomepros.com
  • Listing Agent: Michael Nauman

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 6:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$588$30,000
2019$776$29,400
2017$776$38,800

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1204470
3
/10
  • Frances Slocum Elementary School

  • 2909 S Torrence St

  • 0.69 miles

  • Public District Grades PK-4

school-card-donut-1204471
6
/10
  • Allen Elementary School

  • 1115 E Bradford St

  • 2.32 miles

  • Public District Grades PK-4

school-card-donut-1204472
6
/10
  • Riverview Elementary School

  • 513 W Buckingham Dr

  • 2.43 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,047. Residents of Marion, IN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 703 E 28th St

What is the listing price of this property?

The listing price of 703 E 28th St property is $75,000.

What type of property is this?

The property 703 E 28th St is a house located in Marion, Indiana, 46953.

Is this property for sale now?

Active Listing: 703 E 28th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $588 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 703 E 28th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 703 E 28th St is 1,085 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 703 E 28th St is 1959.

Rocket HomesIndianaGrant CountyMarion46953703 E 28th St

This home is located at 703 E 28th St in Marion, IN and zip code 46953. This 1,085 square foot home, which was built in 1959, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $75,000.

In October 2024 more than 11 listings in Marion, IN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 25 were sold below. In October 2024 in Marion, IN there were 4.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $120,000.

From Rocket Homes Real Estate and based on county public records data.

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