NOT LISTED FOR SALE

Estimated Value: $191,000 - $230,681

6 Beds
5 Baths
2,160 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $230,000 $106 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,408/month

28 Days on Market

Highlights

  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Level Lot
  • Tile Flooring
  • Baseboard Heating

About This Home

As of October 2023

Great investment opportunity near BSU Campus! This property offers 3 rental units generating a total of $2810 per month. The main house, 100 North Calvert has 4 bedrooms and 3 baths and rents for $1760 per month. The 2nd structure (1708 W Main, unit A & B ) offers two 1 bedroom, 1 bath units that rent for $525 each. All units are leased through the 2023/2024 academic year.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Brokerage Phone: 765-717-2489 Listed on: 08/02/2023

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1936

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46 x 115
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Utility Room
  • Unfinished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 3 Units
  • University Subdivision

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 18-11-08-487-007.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1936
  • Age: 87
  • Style: Detached
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: UNIVERSITY ADD BLK 31 LOT 11
  • Parcel Number ID: 18-11-08-487-007.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 89.18
  • Monthly Gross Income: 2700
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3116
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 956
  • Price Per Sq Ft: 106.48
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Tile, Vinyl
  • Total Below Grade Sq Ft: 956
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 945
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 46 x 115
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Cable, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2700
  • Number Of Dishwashers: 1
  • Number Of Dryers: 3
  • Number Of Refrigerators: 4
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2212

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 6, 2023
Sold by
3 Brothers Campus Properties Llc
Bought by
F1 Enterprise Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$257,900
Sold Price
$230,000
Premium/Discount to List
-$27,900
-10.82%
Total Days on Market
28
Views
40
Current Estimated Value
$217,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,773
Avg. Annual Appreciation
-3.34%
Original Mortgage
$224,000
Outstanding Balance
$220,643
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$3,416

Purchase Details

Closed on
Dec 14, 2020
Sold by
Carr James Donald and Dingledine Stephen L
Bought by
3 Brothers Campus Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
F1 Enterprise Llc $230,000 None Listed On Document
3 Brothers Campus Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F1 Enterprise Llc $224,000
Previous Owner 3 Brothers Campus Properties Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $230,000 -10.8% $106 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $257,900 0.0% $119 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $257,900 -- $119 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,320 $110,600 $7,900 $102,700
2023 $2,320 $110,600 $7,900 $102,700
2022 $2,344 $111,800 $7,900 $103,900
2021 $2,168 $103,000 $7,900 $95,100
2020 $2,168 $103,000 $7,900 $95,100
2019 $2,168 $103,000 $7,900 $95,100
2018 $2,100 $99,600 $7,900 $91,700
2017 $2,082 $98,700 $7,900 $90,800
2016 $2,082 $98,700 $7,900 $90,800
2014 $1,873 $91,500 $7,400 $84,100
2013 -- $86,800 $7,200 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202327356

Indiana Regional MLS

APN: 18-11-08-487-007.000-003