Discover a rare investment gem at 3601 S Boots St, Marion, IN 46953! This charming, early-20th-century multifamily property spans approximately 2,396?sq?ft and features four income-producing units—perfectly configured for savvy investors. With strong rental income potential, this property delivers solid cash flow and long-term equity growth. Set on a corner lot in a vibrant Marion neighborhood, the building offers a mix of 5 bedrooms and 4 baths, ample parking. Whether you're expanding your portfolio or entering the rental market, this property offers immediate income, historic charm, and a strategic location. Don’t miss your chance to own a piece of Marion’s thriving real estate scene!
Pending
Price cut: $3K (5/6)
$61,999
3601 S Boots St, Marion, IN 46953
5beds
2,396sqft
Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample parkingCorner lot
- 117 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Allyson L Schutte Agt:765-242-9194,
Epique Inc.
Source: IRMLS,MLS#: 202609261
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Laminate Counters, Eat-in Kitchen
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 2,396
- Total interior livable area: 2,396 sqft
- Finished area above ground: 2,396
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Exterior features: Balcony
- Fencing: None
Lot
- Size: 5,401 Square Feet
- Dimensions: 66X82
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 270718403005.000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Salt Box
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City, Marion Utilities
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $1,186
- Annual tax amount: $1,186
- Date on market: 3/20/2026
- Inclusions: Building
- Lease term: Month To Month,12 Months
- Total actual rent: 13080
- Tenant pays: Electricity, Heating
Estimated market value
Not available
Estimated sales range
Not available
$894/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $61,999 |
Source:  IRMLS #202609261 Report a problem | ||
| 5/6/2026 | Price change | $61,999-4.6% |
Source: IRMLS #202609261 Report a problem | ||
| 4/14/2026 | Price change | $64,999-13.3% |
Source: IRMLS #202609261 Report a problem | ||
| 3/20/2026 | Listed for sale | $75,000+17.6% |
Source: IRMLS #202609261 Report a problem | ||
| 11/12/2020 | Listing removed | $63,750$27/sqft |
Source: NextHome Legacy Group Realty #202009022 Report a problem | ||
| 5/7/2020 | Listed for sale | $63,750-80.5%$27/sqft |
Source: NextHome Legacy Group Realty #202009022 Report a problem | ||
| 12/30/2005 | Sold | $326,558$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,186 +4.2% | $45,800 -22.8% |
| 2024 | $1,138 +6.4% | $59,300 +4.2% |
| 2023 | $1,070 +13.6% | $56,900 +6.4% |
| 2022 | $942 +6.1% | $53,500 +13.6% |
| 2021 | $888 +3% | $47,100 +6.1% |
| 2020 | $862 +3.6% | $44,400 +3% |
| 2019 | $832 +36.4% | $43,100 +3.6% |
| 2018 | $610 +1% | $41,600 +36.4% |
| 2017 | $604 +1.7% | $30,500 +1% |
| 2016 | $594 -2.9% | $30,200 -1.3% |
| 2014 | $612 -4.7% | $30,600 -4.7% |
| 2013 | $642 -22% | $32,100 -30.4% |
| 2012 | $823 +159.8% | $46,100 +177.7% |
| 2011 | $317 -4.6% | $16,600 |
| 2010 | $332 +3% | $16,600 -5.1% |
| 2009 | $322 -79.4% | $17,500 -63.1% |
| 2007 | $1,565 | $47,400 |
| 2006 | -- | $47,400 +9.5% |
| 2005 | -- | $43,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Marion
Nearby schools
GreatSchools rating
- 4/10Frances Slocum Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 3/10McCulloch Junior High SchoolGrades: 7-8Distance: 0.2 mi
- 3/10Marion High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Allen
- Middle: McCulloch
- High: Marion
- District: Marion Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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