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516 Gardner Ct

Marion, IN 46952

2 bd 2 ba 1,352 sqft Built 1977 condos
Most recent sale
$118,750
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $118,750 Public Record
Aug 24, 2022 Sold $164,900 IRMLS
Jul 12, 2022 Listed $164,900 MLS #202228583
Jul 8, 2022 Sold $130,900 Public Record
Jun 10, 2022 Sold $130,900 MIBOR
May 7, 2022 Listed $1 MLS #21853927

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,700 $23,000 $139,700 $3,344
2024 $116,700 $23,000 $139,700 $2,794
2023 $100,500 $20,000 $120,500 $2,708
2022 $92,600 $20,000 $112,600 $348
2021 $91,800 $20,000 $111,800 $177
2020 $91,800 $20,000 $111,800 $142
2019 $86,500 $20,000 $106,500 $76

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,352 sqft
Lot size
ZIP code
46952
City
Marion
Street
Gardner Ct
Coordinates
40.57995, -85.66430

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$713
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Gardner Ct last sell?
516 Gardner Ct most recently sold on Aug 25, 2022 for $118,750.
What is the current tax assessment for 516 Gardner Ct?
The most recent total assessment for 516 Gardner Ct (year 2025) is $139,700 with $3,344 in property tax.
How does 516 Gardner Ct's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $118,750.
When was 516 Gardner Ct built?
516 Gardner Ct was built in 1977.
How does 516 Gardner Ct compare to others on Gardner Ct?
We track 8 other properties on Gardner Ct. Browse the list under "Other properties on Gardner Ct" to compare beds, baths, and sale history.
What are the property facts for 516 Gardner Ct?
516 Gardner Ct is a 2 bed, 2 bath, 1,352 sqft condos.
Is 516 Gardner Ct a flip candidate?
Yes — 516 Gardner Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Gardner Ct a tax-appeal candidate?
Yes — 516 Gardner Ct appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+15.4%
Implied 1-yr
+61.6%
2026 Q3
$582.3K
2026 Q4
$627.2K
ZIP 46952 — Median Price History + Forecast

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