215 E  3rd St, Marion, IN 46952
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FOR SALE
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0.4 ACRES

215 E 3rd St
Marion, IN 46952

Historic Marion
  • 33 Beds
  • 24 Baths
  • 7,053 sqft (on 0.40 acres)

$2,500,000

Est. Mortgage $14,477/mo*

$2,500,000

Est. Mortgage $14,477/mo*
33 Beds
24 Baths
7,053 sqft
(on 0.40 acres)

Home Highlights

Parking
38 Parking Spaces
Climate Control
Forced Air & Central Air
HOA
None
Listed
99 days ago

Local Information

  • Map ViewExplore the area around 215 E 3rd St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

These historic apartments are full of unique features and right downtown in the epicenter of Marion. Conveniently located by the YMCA, delicious local restaurants and creative local small businesses in the Riverfront District, The Castle Apartments are perfect for anyone wanting to be in the center of the action. There are 11 - 2-bedrooms, 11 - 1-bedrooms, 1 Studio and 1 Office space. There are 4 - 1-bedrooms and 1 - 2-bedrooms furnished apartments in the building ready for extended stay or short-term rental. In the basement of the Castle Apartments there is room for bar/restaurant with a liquor license available.
Last check for updates: about 14 hours ago
Listing courtesy of Derek Eisenberg
Continental Real Estate Group
Source: IRMLS, MLS#202617624
Also Listed on IRMLS.

Home Details for 215 E 3rd St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 33Number of Bathrooms: 24Number of Bathrooms (full): 24
Dimensions and Layout
Living Area: 7053 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Wood, Tile
Levels, Entrance, & Accessibility
Stories: 4Levels: Multi-Story (3+)ElevatorFloors: Wood, Tile
Security
Security: Security System, Smoke Detector(s), Fire Sprinkler System

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Parking Spaces: 38
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 4702 Square FeetFinished Area (below surface): 2351 Square Feet

Days on Market

Days on Market: 99

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BrickNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: OtherParcel Number: 270706401037.000002

Price & Status

Price
List Price: $2,500,000

Location

Direction & Address
City: MarionCommunity: None
School Information
Elementary School: RiverviewElementary School District: Marion Community SchoolsJr High / Middle School: McCullochJr High / Middle School District: Marion Community SchoolsHigh School: MarionHigh School District: Marion Community Schools

Agent Information

Listing Agent
Listing ID: 202617624

Building

Building Area
Building Area: 7053 Square Feet

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 0.40 acres

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Cable TV

Rental Terms, Policies & Fees

Owner Pays: Security, Electricity, Grounds Care, Sewer, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 202617624Above Grade Unfinished Area: 4702

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Historic Marion

At least 2 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 75 % Say kids play outside

  • 67 % Say parking is easy

  • 67 % Say neighbors are friendly

  • 67 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 50 % Say there are sidewalks

  • 50 % Say there are community events

  • 50 % Say yards are well-kept

  • 40 % Say people would walk alone at night

  • 33 % Say it's dog friendly

  • 33 % Say there's holiday spirit

  • 33 % Say it's walkable to restaurants

  • 17 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • J. C.
    "Depending on where you live you can walk to a convenient store. You do need a car to get around. My commute is pretty easy as I am a couple of blocks away from the main street that leads to my workplace. "

Market trends in Marion

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$170K
$16.83K
MoM
Sale-to-List Price
99.1%
0.1%
MoM
Price per sq ft
$105
$2
MoM
Available listings
156
8
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.52
Multi-Family Home
$153,000
01/28/26
5
3.5
2,236
0.59
Multi-Family Home
$107,500
09/11/25
6
3
2,558
0.51
Multi-Family Home
$45,000
07/27/26
10
4
2,636
0.31
Multi-Family Home
$80,000
10/30/25
4
2
1,352
0.36
Multi-Family Home
$81,900
07/20/26
4
2
2,288
0.64
Multi-Family Home
$85,000
06/02/26
4
3
2,616
0.72
Multi-Family Home
$175,000
10/17/25
5
2
3,248
0.77
Multi-Family Home
$65,000
03/27/26
4
2
2,048
0.88
Multi-Family Home
$87,500
04/16/26
4
2
1,982
0.67
Multi-Family Home
$44,800
04/23/26
3
2
1,896

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.10
$95,100
4
2
1,914
Off Market
0.10
$5,000
-
-
-
For Sale
0.10
$5,900
-
-
-
For Sale
0.15
$82,000
2
-
1,326
Off Market
0.17
-
6
4.5
2,932
Off Market
0.19
$129,000
4
2
1,635
Off Market
0.21
-
-
-
-
Off Market
0.22
$386,200
6
5
2,754
Off Market
0.27
$23,000
5
2
1,252
Recently Sold
0.28
$22,500
4
2
2,136
Recently Sold
0.25
-
3
2
1,993
Off Market

Price and Tax history

DateEventPrice
May 11, 2026
Source: IRMLS #202617624
Listed For Sale
$2,500,000
Mar 14, 2024
Source: Zillow Rentals
ListingRemoved
Sep 19, 2023
Source: Zillow Rentals
PriceChange
$870
Price decreased by 18%
Jun 7, 2023
Source: Zillow Rentals
Listed For Rent
$1,060
Feb 28, 2021
Source: N/A
ListingRemoved

LGBTQ Local Legal Protections

Derek Eisenberg, Continental Real Estate Group
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 215 E 3rd St

  • What is the estimated monthly payment for 215 E 3rd St?
    Based on a $2,500,000 list price with 20% down at today's rates, the estimated monthly payment for 215 E 3rd St in Marion, IN is approximately $14,731 (about $13,093 principal & interest, $1,563 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 215 E 3rd St compare to homes in Marion?
    215 E 3rd St in Marion, IN is listed at $2,500,000, about 1374% above the $170K median sale price in Marion.
  • What are the closest schools to 215 E 3rd St?
    The closest schools to 215 E 3rd St in Marion, IN are Justice Intermediate School (Elementary, rated 4/10), Marion High School (rated 3/10), McCulloch Junior High School (rated 3/10).
  • Does 215 E 3rd St have air conditioning?
    Yes, 215 E 3rd St in Marion, IN has air conditioning.
  • Does 215 E 3rd St have parking?
    Yes, 215 E 3rd St in Marion, IN has on-site parking.
  • Is there a virtual tour of 215 E 3rd St?
    Yes, a virtual tour of 215 E 3rd St in Marion, IN is available.
215 E 3rd St, Marion, IN 46952 is a 33 bedroom, 24 bathroom, 7,053 sqft multi-family built in 1904. 215 E 3rd St is located in Historic Marion, Marion. This property is currently available for sale and was listed by IRMLS on May 11, 2026. The MLS # for this home is MLS# 202617624.