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506 North Baldwin Avenue

506 North Baldwin Avenue, Marion, IN 46952
Property in Franklin
506 North Baldwin Avenue in Marion, IN was first built in 1985 and is 39 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 15,290 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The property was last sold in Aug 16, 2022 for $100,000. That's $55.56 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2015 for $175,000. 506 North Baldwin Avenue was last assessed in 2023. The total value of the property was assessed at $163,800. Specifically, the land the property is located on was valued at $66,800. While improvements on the property were assessed at a total of $97,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,341. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,290
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: MRE COS 1ST ADD
  • Land Acres: 0.351
  • Standard Land Use Code: Restaurant
  • Legal Description 1: W 1/2 LOT 306 & LOTS 307 THRU 310 & LOT 311 EX 2014 SQ FT ROW MRE COS 1ST ADD MP 0601-101-170.000

Ownership

  • Current Owner : RL & LL REALTY LLC
  • Previous Owner : MEI HUA
  • Previous Owner 2: MEI XUE
  • Owner Before Previous Owner: TREJO GUILLERMO
  • Owner Before Previous Owner 2: TREJO LISA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion Community Schools
  • Census Tract: 000600

Geography

  • Account Number: 060110117000015
  • District: 0003
  • Parcel: 27-06-01-101-170.000-008
  • Lot: 306,311
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 40.5652
  • Longitude: -85.6757

    Address

  • Full Address: 506 N Baldwin Ave
  • Address - House Number: 506
  • Street Direction: N
  • Address - Street Name: Baldwin
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Marion
  • Carrier Code: C034
  • 4-Digit Zip Code: 3465
  • Zip Code: 46952

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2022
  • Tax Amount: $4,341
  • Tax Rate Code Area: 15:MARION-

    Market Valuation

  • Market Total Value: $163,800
  • Market Land Value: $66,800
  • Market Improvement Value: $97,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,800
  • Assessed Land Value: $66,800
  • Assessed Improvements Value: $97,000

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Transaction ID: 11894768520
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7223
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Contract Date: May 11, 2015
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS BANK & TRUST
  • First Mortgage Transaction Date: Aug 18, 2022
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 16, 2037

    Previous Mortgages

  • Previous Mortgage Lender: GRANT COUNTY STATE BANK
  • Previous Mortgage Transaction Date: May 22, 2015
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 143
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: May 11, 2027

About Marion



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Frequently Asked Questions

What neighborhood is 506 North Baldwin Avenue located in?
The 506 North Baldwin Avenue is a located in the neighborhood of Franklin in Marion, Marion.
What is the average sales price for listings in 506 North Baldwin Avenue?
The average sales price for units in 506 North Baldwin Avenue is $0 currently.

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