This property offers a compelling "buy-and-hold" opportunity in the Marion, Indiana market. With a focus on stable cash flow and long-term appreciation, this asset serves a high-demand renter demographic in a region characterized by affordability and consistent rental growth. Newly renovated interior with a well-kept and maintained property. Tenants pay all utilities and take care of lawn and snow. INVESTMENT HIGHLIGHTS Rental Demand: The 3-bedroom, 1-bath configuration is a versatile product type, appealing to small families and long-term tenants. Market Trends: Recent data indicates a steady appreciation in rental rates, with 3-bedroom units in the broader Marion area averaging approximately $1,025 per month. Strategic Advantage: The local rental market is bolstered by an affordability ratio significantly more favorable than national averages, minimizing tenant turnover and vacancy risks compared to higher-cost-of-living metros.
90 days
|
211
|
16
|
Zillow last checked:
Listing updated:
Listed by:
Justin Lowe765-401-1122,
Ellsbury Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22104453
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Primary bedroom
Level: Main
Area: 150 Square Feet
Dimensions: 10x15
Bedroom 2
Level: Main
Area: 150 Square Feet
Dimensions: 10x15
Bedroom 3
Level: Main
Area: 60 Square Feet
Dimensions: 6x10
Dining room
Level: Main
Area: 80 Square Feet
Dimensions: 10x8
Kitchen
Level: Main
Area: 60 Square Feet
Dimensions: 6x10
Laundry
Level: Main
Area: 32 Square Feet
Dimensions: 4x8
Living room
Level: Main
Area: 150 Square Feet
Dimensions: 10x15
Heating
Natural Gas
Cooling
Central Air
Appliances
Included: Washer, Refrigerator, Dryer, Range Hood
Laundry: Laundry Room
Features
Attic Access
Has basement: No
Attic: Access Only
Interior area
Total structure area: 1,079
Total interior livable area: 1,079 sqft
Property
Features
Levels: One
Stories: 1
Lot
Size: 3,484 Square Feet
Details
Additional structures: Storage
Parcel number: 270718304006000002
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Residential, Single Family Residence
Materials
Brick
Foundation: Crawl Space
Condition
New construction: No
Year built: 1900
Utilities & green energy
Water: Public
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Marion
Financial & listing details
Price per square foot: $74/sqft
Tax assessed value: $33,400
Annual tax amount: $668
Date on market: 5/27/2026
Cumulative days on market: 92 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,488/mo
Price history
Date
Event
Price
8/7/2026
Pending sale
$80,000$74/sqft
Source: MIBOR as distributed by MLS GRID #22104453Report a problem
6/8/2026
Price change
$80,000-5.8%$74/sqft
Source: MIBOR as distributed by MLS GRID #22104453Report a problem
5/27/2026
Listed for sale
$84,900+469.8%$79/sqft
Source: MIBOR as distributed by MLS GRID #22104453Report a problem
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.