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Property profile & analytics

1006 3rd St Marion, IN 46952-3669

  • Theaters & concert halls
  • 12,444 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimations
$300,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-1442868
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Central Christian Church / Church

Property Details for 1006 3rd St

Year built
1940
Construction
WOOD
Lot size
0.40 lot acres
Property size
12,444 SF
Property type
Theaters & concert halls
APN
27-07-06-302-049.000-002
APU
270706302049000002

Description

This exceptional 0.49-acre property at 1006 W 3RD Street, Marion, IN, presents a unique investment opportunity. The building, a beautifully maintained church, boasts a stunning sanctuary featuring hand-carved oak woodwork and exquisite stained-glass windows. With a seating capacity of 300, the sanctuary offers ample space for large gatherings. Adjacent to the sanctuary are a library, prayer room, nursery, and several classrooms, providing versatile space for various uses. The property includes convenient handicap access throughout. A fully finished lower level adds significant value, featuring an oversized banquet hall and a well-equipped kitchen. The kitchen is complete with two electric ranges, two refrigerators, a microwave, all necessary utensils, and a large stainless steel island. The sale includes all existing furnishings and equipment, such as pews, a baptism pool, desks, pianos, an organ, office equipment, draperies, furniture, nursery toys, books, a safe, window air conditioners, sound equipment, tables, and chairs. Two paved parking lots on either side of the building provide ample parking for attendees or clients. This magnificent structure in the heart of Marion offers immense potential for a variety of commercial uses, making it an attractive investment for discerning buyers. The asking price is $265,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $300,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $223,000
    Market price range: $224k - $368k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Marion
County
Grant
State
Indiana
Longitude
-85.6708
Latitude
40.5591
CBSA code
31980
CBSA name
MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$22,100
$189,800
$211,900
-
$22,100
$189,800
$211,900
More about this property
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