NOT LISTED FOR SALE

1001 W 1st St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $80,000 - $94,000

3 Beds
3 Baths
1,657 Sq Ft
$52/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $68,000 $41 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $543/month

5 Days on Market

About This Home

As of December 2022

Looking for a great investment property look no further. This DUPLEX is section 8 approved with 3-bedroom 1.5 bath downstairs and 1-bedroom 1bath upstairs. DUPLEX is fully occupied with utilities paid by tenants except water/sewage ($100/month on average). NEW WINDOWS, NEW DOORS, NEW SUMP PUMP, NEW ELECTRIC WIRING, NEW WATER HEATER, NEW FURNACE, NEW PLUMBING, AND PARTIAL METAL ROOF. Rent is under rent market and there is room for possible rent increase. Rent paid by tenants are as follow: $700/month and $450/month.

Last Agent to Sell the Property

Danielle Shouse

RE/MAX Advanced Realty Listed on: 11/09/2022

RE/MAX Advanced Realty

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $338

Year Built

  • Built in 1895

Lot Details

  • 5,249 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for inshazard, lawncare, sewer, water
  • Assessor Parcel Number 181116183008000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$338

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: A-Frame, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1895
  • Lot Size Acres: 0.1205
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: danielle@indyhomepros.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Lawncare, Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 75000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1200

Lot Info

  • Parcel Number: 181116183008000003
  • Acres: <1/4 Acre
  • Lot Information: Corner,Curbs,Sidewalks,Street Lights
  • Lot Number: 1
  • Lot Size: 5,250

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Net Operating Income: 12600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 338
  • Semi Annual Property Tax Amt: 169
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 14, 2022
Sold by
A & L Affordable Rentals Llc
Bought by
Bogash James
Seller's Agent
Danielle Shouse
RE/MAX Advanced Realty
Buyer's Agent
Audra Cannon
CRM Properties, Inc.
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%
Views
38
Current Estimated Value
$86,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,120
Avg. Annual Appreciation
8.84%
Original Mortgage
$51,000
Outstanding Balance
$49,520
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,600

Purchase Details

Closed on
Aug 27, 2021
Sold by
Pounds Terry
Bought by
Akins Richard

Purchase Details

Closed on
Jun 8, 2018
Sold by
Sweets Furute Llc
Bought by
Pounds Terry

Purchase Details

Closed on
May 19, 2017

Purchase Details

Closed on
Mar 22, 2017
Sold by
Edwards Lashonda
Bought by
Sweets Future Llc

Purchase Details

Closed on
Jan 25, 2017
Sold by
Delaware County Tax Deed Clerk
Bought by
Edwards Lashonda

Purchase Details

Closed on
Nov 6, 2007
Sold by
Greater Muncie Indiana Habitat For Human
Bought by
Newman Shrivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,597
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bogash James -- None Listed On Document
Akins Richard -- None Available
Pounds Terry -- None Available
-- -- --
Sweets Future Llc -- --
Edwards Lashonda $1,002 --
Newman Shrivonne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogash James $51,000
Previous Owner Newman Shrivonne $49,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $68,000 -9.3% $41 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $75,000 -- $45 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,048 $47,000 $4,900 $42,100
2023 $552 $22,200 $4,100 $18,100
2022 $534 $21,300 $4,100 $17,200
2021 $446 $16,900 $5,200 $11,700
2020 $438 $16,500 $5,200 $11,300
2019 $379 $13,100 $5,200 $7,900
2018 $422 $12,600 $5,200 $7,400
2017 $375 $12,900 $5,200 $7,700
2016 $375 $12,900 $5,200 $7,700
2014 $698 $17,200 $5,000 $12,200
2013 -- $16,500 $4,800 $11,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Danielle Shouse

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2022

    Audra Cannon

    CRM Properties, Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21892696

MIBOR Broker Listing Cooperative®

APN: 18-11-16-183-008.000-003

Indiana Delaware County Muncie 47305 Old West End

1001 W 1st St, Muncie, IN

This home is located at 1001 W 1st St, Muncie, IN 47305 since 09 November 2022 and is currently estimated at $86,120, approximately $51 per square foot. This property was built in 1895. 1001 W 1st St is a home located in Delaware County with nearby schools including South 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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