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41’ X 177’ Residential City lot near Indiana Wesleyan University - photo 1

41’ X 177’ Residential City lot near Indiana Wesleyan University

GovDealsReal Estate📍MARION, IN

Current bid:

$3,950

Time Left

1d 10h

Ends Oct 18, 2026

Pre-bid checklist11/9

The property

  • Title and liens: "Quitclaim deed, making the winning…"

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Indiana sell about 3% of the time. Based on 130 completed sales over the last year.

Seller

Laporte Investments LLC (2) - Real Estate Remarketing, IL

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

Link to lots from seller starting at $1-Bid Property Taxes: $86.00/Year About Marion: The city is the home of Indiana Wesleyan University, the largest evangelical Christian university in the Midwest and largest private university in Indiana. It was the location of the wedding of actress Julia Roberts and singer Lyle Lovett in 1993. Marion's manufacturing sector produces automotive components, paper products, foundry products, machinery, wire, and cable. The paper plate industry was born in Marion; in its infancy, five of the nation's nine plants were located in the city. The area surrounding Marion is part of the Corn Belt; as such, agriculture remains a significant component of the region's economy. Corn, soybean, and hog production are supplemented by specialty crops such as tomatoes. Property Description: Address: 0 S. Felton St. , MARION, IN 46953-4045 Coordinates: 40.530592, -85.65969 Lot Size: 41’ X 177’ Sq Ft Parcel ID: 27-07-18-103-146.000-002 County: Grant The seller owns the property and will issue a quitclaim deed, making the winning bidder the sole owner of the real estate. Buyer pays = Winning bid +$500 for document processing + 12.5% of purchase winning bid as buyer premium. Property Taxes: The Buyer to assume responsibility for taxes due in 2026 of $43 approximately. Yearly taxes are around $86. The property taxes are not due at the time of closing and can be paid directly to the county at later time.

Pickup information

MARION, IN 46953

Laporte Investments LLC (2) - Real Estate Remarketing, IL

Pickup within 10 business days
Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.