NOT LISTED FOR SALE

100 N Martin Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $124,000 - $148,000

4 Beds
1 Bath
1,738 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $70,000 $40 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $983/month

46 Days on Market

Highlights

  • Enclosed patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2014

EXCELLENT BSU RENTAL NEAR VILLAGE. 4 BEDROOM, 2 FULL BATH RENTED AT $1200/MO. TENANTS PAY ALL UTILITIES. RENTED THROUGH JULY 31, 2015. OWNER LICENSED BROKER IN INDIANA.

Last Agent to Sell the Property

Rob Wardrop

Cardinal Realty Group Listed on: 01/25/2014

Last Buyer's Agent

Rob Wardrop

Cardinal Realty Group Listed on: 01/25/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Outdoor Features

  • Enclosed patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Insurance Expense $612
  • Maintenance Expense $300

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, maintenance, tax, trash collection
  • Assessor Parcel Number 1109357004000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1880
  • Age: 134
  • Style: One and Half Story
  • Legal Description: H C M ADD LOT 7 |
  • Parcel Number ID: 1109357004000
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Enclosed, Water Heater Gas, Washer Hook-Up
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Sq Ft: 1738
  • Total Finished Sq Ft: 1738
  • Above Grade Finished Sq Ft: 1738
  • Below Grade Sq Ft: 652
  • Price Per Sq Ft: 40.28
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Total Below Grade Sq Ft: 652

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Insurance Expense: 612
  • Annual Maintenance Expense: 300

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x130
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Total Assessed Value: 56600
  • Annual Property Tax: 1216

Multi Family

  • Number Of Units: 1

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Alc Capital 3 Llc
Bought by
Cardinal Rentals Llc
Total Days on Market
46
Current Estimated Value
$138,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$127,295
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,775

Purchase Details

Closed on
Dec 18, 2019
Sold by
Alc Capital 2 Llc
Bought by
Alc Capital 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,880,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2016
Sold by
Dane & Derek Llc
Bought by
Alc Capital 2 Llc

Purchase Details

Listed on
Jan 25, 2014
Closed on
Jun 5, 2014
Sold by
Wilson Christopher D
Bought by
Wilson Properties Llc
Seller's Agent
Rob Wardrop
Cardinal Realty Group
Buyer's Agent
Rob Wardrop
Cardinal Realty Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$52,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2014
Closed on
Apr 17, 2014
Sold by
Wardrop Robert W
Bought by
Wilson Christopher D
Seller's Agent
Rob Wardrop
Cardinal Realty Group
Buyer's Agent
Rob Wardrop
Cardinal Realty Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Wardrop Robert W
Bought by
Wardrop Michelle L
Source: Public Records

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Range of Values:

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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
Cardinal Rentals Llc $120,349 None Listed On Document
Alc Capital 3 Llc -- In Title
Alc Capital 2 Llc -- --
Dane & Derel Llc -- --
Wilson Properties Llc -- --
Wilson Christopher D -- --
Wardrop Robert W -- --
Wardrop Michelle L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinal Rentals Llc $128,000
Previous Owner Alc Capital 3 Llc $8,880,000
Previous Owner Wilson Christopher D $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $70,000 -22.1% $40 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $89,900 -- $52 / 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 $2,496 $119,400 $16,400 $103,000
2023 $1,946 $91,900 $13,700 $78,200
2022 $1,964 $92,800 $13,700 $79,100
2021 $1,830 $90,500 $13,500 $77,000
2020 $1,638 $76,500 $12,300 $64,200
2019 $1,570 $73,100 $12,300 $60,800
2018 $1,570 $73,100 $12,300 $60,800
2017 $1,596 $74,400 $11,100 $63,300
2016 $1,524 $70,800 $10,500 $60,300
2014 $1,233 $59,500 $8,400 $51,100
2013 -- $56,600 $8,100 $48,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rob Wardrop

    Cardinal Realty Group

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20021380

Indiana Regional MLS

APN: 18-11-09-357-004.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

100 N Martin Ave, Muncie, IN

This home is located at 100 N Martin Ave, Muncie, IN 47303 since 25 January 2014 and is currently estimated at $138,031, approximately $79 per square foot. This property was built in 1880. 100 N Martin Ave is a home located in Delaware County with nearby schools including West View Elementary School, Muncie Central High School, and Northside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS 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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