Frequently Asked Questions

Are house prices dropping in Marion?

The house prices in Marion are indeed dropping at the moment. There has been a decrease in price of $4,993.18. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Marion at this time?

The housing market and house prices in Marion are going down. The average house price is $144,950.00 and the average price per square feet is $98.56 per square foot. At the moment, there are 866 homes listed - 114 active, 49 pending, and 703 sold in Marion.

What is the most popular place to buy a house in Marion?

The most popular place to buy a home in Marion is 2707 - Grant - Center. 2707 - Grant - Center has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Marion?

The average amount of property taxes you would have to pay for a home in Marion is $1,194.68. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Marion being sold?

Properties in Marion stay on the market for an average of 77 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Marion?

The last home listed in Marion was 143 minutes ago.

Can you visit houses in Marion?

Currently, there are 0 open houses available for viewing in Marion.

What is the most expensive house in Marion?

The cost of the most expensive home in Marion is $850,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Marion?

The cost of the cheapest home in Marion is $5,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Marion?

The oldest home in Marion was built in 1884, and the newest in 2019.

How big are the homes in Marion?

The average property size in Marion is 1888.63 sq.ft., the largest being 9962 sq.ft., and the smallest being 0 sq.ft.

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Schools

High School:

Marion

Middle School:

Mc Culloch

Elementary School:

Riverview

Tax and Financial Info

Semi-Annual Property Tax:

$240

Tax Year:

2025

Quick View

Address:

1508 W Spencer Avenue Marion IN 46952

Status:

Active

On Site:

42 Days On Site

Price:

$65, 000

Bedrooms:

3 Beds

Bathrooms:

1 Full Baths

Sq. Feet:

2, 176

Year Built:

1940

Lot Size:

0.14

County:

Grant County

Township:

Franklin

MLS #:

202619215

Property Type:

Site Built Home

Community Information

City:

Marion

Subdivision:

None

Zip Code:

46952

Rooms

Type	Dimensions	Level
Master Bedroom	9 x 18	Main
2nd Bedroom	10 x 11	Upper
3rd Bedroom	11 x 15	Upper
Dining Room	11 x 12	Main
Living Room	15 x 15	Main

Active

$65,000

3 Beds

1 Baths

2,176 Sq. Ft.

1508 W Spencer Avenue, Marion, IN, 46952

Est. Payments: $0/mo

Residential

Built in 1940

42 days on Site

0.14 Lot Size

None

Gas, Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

Description

Bring your vision and make this property shine! This fixer-upper is packed with potential and ready for someone to restore it to its full charm. Whether you’re an investor, flipper, or buyer looking to create your dream home, this property offers a great opportunity to build equity. Featuring solid bones, spacious living areas, and endles...

Source: IRMLS as distributed by MLS GRID, MLS ID: 202619215

Listing provided courtesy of Kayla Poling-Garcia 765-662-6099 with F.C. Tucker Realty Center

Last Updated: 5/20/2026 | 5:01 PM

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About the Neighborhood

Marion offers a tranquil atmosphere with mostly single detached homes and well-maintained duplexes from a classic era of construction. The city features convenient access to numerous public and private schools at multiple education levels, supporting varied needs. Grocery stores and dining options provide easy, nearby choices for errands and meals. Parking availability throughout the city is plentiful, making vehicle use hassle-free. The area benefits from minimal elevation changes, contributing to comfortable navigation by bike, even though the cycling network is limited. Quiet streets and low traffic noise enhance the calm character found in most parts of this community.

Learn more about

Marion Market Report

Avg. Days on Market

121

Avg. Price Per Sq. Ft.

93.5

Median List Price

$149,900

Homes Listed

165

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

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