Check Availability

721 West Spencer Avenue

721 West Spencer Avenue, Marion, IN 46952
House in Center
Sold Apr 28, 2022
$574,800
$569,800 by Mortgage Research Center Llc
Mortgage Due May 01, 2052
Sold Dec 15, 2020
$119,900
721 West Spencer Avenue in Marion, IN was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 1949. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 18 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 721 West Spencer Avenue has 6,948 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 3,014 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 3,740 ft and the linear feet between the front and back of the lot is 1,642. In total, the area measurement of the land is 35,320 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 920 sqft. There are a total of 3 available parking spaces. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as fair. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 25, 2022 for $574,800. That's $82.73 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 2020 for $119,900. 721 West Spencer Avenue was last assessed in 2023. The total value of the property was assessed at $321,600. Specifically, the land the property is located on was valued at $42,900. While improvements on the property were assessed at a total of $278,700. 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 $2,896. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Brick Exterior

Parking

Guest Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1949
  • Total Rooms: 18
  • Bedroom Count: 8
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Fair
  • Building Quality: B+
  • Construction Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 3,014
  • Garage Type: Attached
  • Garage Square Area: 920
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,320
  • Lot Size Depth Feet: 1,642
  • Lot Size Frontage Feet: 3,740
  • Total Building Area: 6,948
  • Building Area: 6,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 6,948
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WHITES 12TH ADD
  • Land Acres: 0.811
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 191 & LOT 192 EX 18'E/SD R J SPENCERS 3RD ADD E END OF LOTS 168 THUR 171 WHITES 12TH ADD COMBINED PER AO 7-26-06 MP 0706-

Ownership

  • Current Owner : HOYT EVAN
  • Current Owner 2: HOYT KELLY
  • Previous Owner : NELSON JAMES W
  • Previous Owner 2: NELSON MICHELLE
  • Owner Before Previous Owner: FHLM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion Community Schools
  • Census Tract: 000100

Geography

  • Account Number: 070620404300016
  • District: 0001
  • Parcel: 27-07-06-204-043.000-002
  • Lot: 191,192
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.5624
  • Longitude: -85.6678

    Address

  • Full Address: 721 W Spencer Ave
  • Address - House Number: 721
  • Street Direction: W
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Marion
  • Carrier Code: C005
  • 4-Digit Zip Code: 3423
  • Zip Code: 46952

Valuation

    Tax

  • Total Area: 12,976
  • Tax Year: 2022
  • Tax Amount: $2,896
  • Tax Rate Code Area: 16:MARION-

    Appraisal Valuation

  • Standard Deviation: 0.2784
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 60
  • Final Value: 279,298
  • High Value: 357,067
  • Low Value: 201,528

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $574,800
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $569,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052
  • Second Open Lien Mortgage Lender: GRANT COUNTY ECONOMIC GROWTH C
  • Second Open Lien Mortgage Recording Date: Apr 28, 2022
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $321,600
  • Market Land Value: $42,900
  • Market Improvement Value: $278,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,600
  • Assessed Land Value: $42,900
  • Assessed Improvements Value: $278,700

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11886088819
  • Current Sale Price: $574,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3662
  • Previous Sale Recording Date: Dec 15, 2020
  • Previous Sale Contract Date: Nov 18, 2020
  • Previous Sale Amount: $119,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Apr 28, 2022
  • First Mortgage Loan Amount: $569,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052
  • Second Mortgage Lender: GRANT COUNTY ECONOMIC GROWTH C
  • Second Mortgage Transaction Date: Apr 28, 2022
  • Second Mortgage Loan Amount: $5,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: New Conventional

About Marion



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2036 Meridian, Marion, IN, 46953

$1,030 /mo

  • 4 Beds
  • 1 Bath
2036 Meridian, Marion, IN, 46953 Listing by Manager
Unit for rent at 1024 W 5th Street 1, Marion, IN, 46953

$820 /mo

  • 2 Beds
  • 1 Bath
1024 W 5th Street 1 #Unit 1, Marion, IN, 46953 Listing by Manager
Unit for rent at 805 N Washington St #11, Marion, IN, 46952

$550 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
805 N Washington St #11 #805 N Washington St #11, Marion, IN, 46952 Listing by Manager
Unit for rent at 1720-1722 S Boots, Marion, IN, 46953

$575 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
1720-1722 S Boots #1722-S Boots - 1722 S Boots, Marion, IN, 46953 Listing by Manager
Unit for rent at 1315 N Beckford Place, MARION, IN, 46952

$500 /mo

  • Studio
  • 1 Bath
  • 288 ft²
1315 N Beckford Place #1315 N BECKFORD PLACE 39, MARION, IN, 46952 Listing by Manager
Unit for rent at 2101 S Gallatin, Marion, IN, 46953

$550 /mo

  • 2 Beds
  • 1 Bath
  • 984 ft²
2101 S Gallatin #2101 S Gallatin, Marion, IN, 46953 Listing by Manager

Frequently Asked Questions

What neighborhood is 721 West Spencer Avenue located in?
The 721 West Spencer Avenue is a house located in the neighborhood of Center in Marion, Marion.
What is the average sales price for listings in 721 West Spencer Avenue?
The average sales price for units in 721 West Spencer Avenue is $0 currently.

Quantcast