NOT LISTED FOR SALE

1005 W Rex St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $138,000 - $206,000

2 Beds
1 Bath
925 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $92,500 $100 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,226/month

27 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • 4-minute walk to Delaware County Fairgrounds
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of July 2019

Investment opportunity! This rental property is close to Ball State University and is currently being rented for $325/month. This is a 2 bedroom, 1 full bath that just needs a little TLC. THIS HOUSE IS BEING SOLD AS A PACKAGE!! This house is being sold along with the one next door (1009 W. Rex St.).

Last Listed By

Aaron Loy

Loy Real Estate Listed on: 05/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Suburban Location
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-135-006.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 89
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: NEELY ADD Block #10 Lot #3 STR: 092010
  • Parcel Number ID: 18-11-09-135-006.000-003
  • Platted: Yes
  • Amenities: Deck Open, Detector-Smoke, Dryer Hook Up Electric, Dryer Hook Up Gas/Elec, Sump Pump, Washer Hook-Up
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 77.41
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1775
  • Total Finished Sq Ft: 925
  • Above Grade Finished Sq Ft: 925
  • Below Grade Sq Ft: 850
  • Price Per Sq Ft: 100
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 24x12, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 850

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 13x10
  • Garage Sq Ft: 130
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Common Amenities: Sidewalks

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: 40x125
  • Estimated Lot Sq Ft: 5000
  • Estimated Lot Size Acres: 0.1148
  • Lot Number: 3

Tax Info

  • Annual Taxes: 1062
  • Total Assessed Value: 53600

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
May 1, 2019
Closed on
Jul 18, 2019
Sold by
Ralph Properties Llc
Bought by
3 Brothers Campus Properties
Seller's Agent
Aaron Loy
Loy Real Estate
Buyer's Agent
Aaron Loy
Loy Real Estate
List Price
$119,500
Sold Price
$92,500
Premium/Discount to List
-$27,000
-22.59%
Total Days on Market
27
Current Estimated Value
$164,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,572
Avg. Annual Appreciation
9.51%
Original Mortgage
$74,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2014
Sold by
Ralph Ryan P and Ralph Margaret M
Bought by
Ralph 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
$40,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Ralph Properties Llc
Bought by
Ralph Ryan P and Ralph Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
Ralph Ryan P and Ralph Margaret
Bought by
Ralph Properties Llc

Purchase Details

Closed on
Jun 12, 2006
Sold by
Miller Amber L and Miller Terry M
Bought by
Ralph Ryan and Ralph Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
6.68%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Muncie, IN

  • 921 W Carson St, Muncie, IN 47303

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,242 Sq Ft
    • 921 W Carson St
    • Muncie, IN

    NOTE: A NEW ROOF IS NOW INSTALLED! Excellent home or investment property near the Ball State Campus! This is 1,242 SF of living space, 3 bedrooms (one on the main floor), 1 bath, with ample surface parking in the rear. This is currently leased for $900/mo to July 21, 2025. The tenant pays all utilities. Washer/Dryer is in the basement. Hot water heater is only 1 year old. The furance/AC is 15+

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 3613 N Lanewood Dr, Muncie, IN 47304

    $189,900

    • 3 Beds
    • 1.5 Baths
    • 1,549 Sq Ft
    • 3613 N Lanewood Dr
    • Muncie, IN

    Beautiful bedford stone traditional ranch located on Muncie's north side. Plenty of character in this three bedroom, one and a half bath home as it's move in ready and set for immediate occupancy. Upon entering this well maintained home, you will immediately notice the spacious living room that leads into the formal dining room and kitchen. Warm and inviting, ventless gas fireplaces adorn both

    Rich Lee RE/MAX Real Estate Groups

    Section Image
  • 2104 W Barcelona Dr, Muncie, IN 47304

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,380 Sq Ft
    • 2104 W Barcelona Dr
    • Muncie, IN

    Completely move in ready 3 bedroom, 1 bathroom ranch in popular Halteman Village! This home has been updated throughout and has an open concept living/ kitchen area with stainless steel appliances, butcher block countertops, updated backsplash/lighting + more. The bathroom has also undergone a remodel with transferrable warranty on fixtures, tub surround, and insert. The primary bedroom is a nice

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 305 S Schroeder Rd, Muncie, IN 47304

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 305 S Schroeder Rd
    • Muncie, IN

    Built in 2006 this is located on a quiet dead-end street close to schools, shopping and the hospital. The great room opens to the rear deck, spacious yard, and to the kitchen and dining area. The kitchen has numerous cabinets and counter space plus all appliances will stay. The laundry room is entered from the kitchen and leads to the 2 car garage. The master suite features a large double closet

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 807 N Kettner Dr, Muncie, IN 47304

    $184,900

    • 4 Beds
    • 2 Baths
    • 1,322 Sq Ft
    • 807 N Kettner Dr
    • Muncie, IN

    Charming 4 bedroom, 2 bath ranch home, built in 1953, is hitting the market for the very first time and is ready for its next chapter. Step inside and discover a welcoming open concept living room and kitchen, where much of the original character has been lovingly preserved. Imagine the possibilities for creating your ideal living space in this well-maintained home. This property boasts

    Rich Lee RE/MAX Real Estate Groups

    Section Image
  • 2905 E Imperial Ln, Muncie, IN 47302

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 1,472 Sq Ft
    • 2905 E Imperial Ln
    • Muncie, IN

    Back on the market and price has been reduced! Open concept 3 BR, 1.5 bath in an established, quiet neighborhood is ready for you! This ranch home is located in Burington Woods and features an open kitchen, dining room and great room with access to a 3 season room. Updated lighting, bathrooms and newer flooring and carpet throughout. Garage utilities. This home is offered "As-Is".

    Rich Lee RE/MAX Real Estate Groups

    Section Image
  • 1406 N Linden St, Muncie, IN 47303

    $159,900

    • 3 Beds
    • 1.5 Baths
    • 1,136 Sq Ft
    • 1406 N Linden St
    • Muncie, IN

    This cute three bedroom one and a half bath home has a large living room with a fireplace. Three nice size bedrooms -- one with a half bath! Newer kitchen which includes dishwasher and microwave along with the other standard appliances. The basement is very large and includes laundry facilities with lots of extra storage. The home sits minutes from campus on a nice quiet street with a relaxing

    Jason Burcham Coldwell Banker Real Estate Group

    Section Image
  • 709 W Riverside Ave, Muncie, IN 47303

    $139,900

    • 3 Beds
    • 2 Baths
    • 2,436 Sq Ft
    • 709 W Riverside Ave
    • Muncie, IN

    Less than a mile from Campus, this charming 3 bed 2 bath home is perfect for college students or a family ready to move. The parking area for this property can fit multiple cars comfortably and the front porch is perfect for enjoying a quiet evening outside! The main level rooms are spacious with plenty of room for recreation or lounging. There is a second small kitchen with a stove and sink

    Jamie Richardson Realty Wealth Advisors

    Section Image
See All Homes in Muncie

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
3 Brothers Campus Properties -- None Available
Ralph Properties Llc -- --
Ralph Ryan P -- --
Ralph Ryan P -- --
Ralph Properties Llc -- None Available
Ralph Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Brothers Campus Properties Llc $234,000
Closed 3 Brothers Campus Properties $74,000
Previous Owner Ralph Margaret $40,000
Previous Owner Ralph Ryan $44,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $92,500 -22.6% $100 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $119,500 -- $129 / 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 $3,690 $178,600 $14,700 $163,900
2023 $3,094 $148,800 $12,200 $136,600
2022 $2,950 $141,600 $12,200 $129,400
2021 $2,704 $129,300 $11,100 $118,200
2020 $1,174 $52,800 $10,100 $42,700
2019 $1,204 $54,300 $10,100 $44,200
2018 $1,180 $53,100 $10,100 $43,000
2017 $1,190 $53,600 $10,200 $43,400
2016 $1,140 $51,100 $9,700 $41,400
2014 $949 $44,800 $9,200 $35,600
2013 -- $44,500 $9,200 $35,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Aaron Loy

    Loy Real Estate

    (260) 726-2700

    18 Total Sales

    Aaron Loy
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201917211

Indiana Regional MLS

APN: 18-11-09-135-006.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1005 W Rex St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1005 W Rex St, Muncie, IN 47303 since 01 May 2019 and is currently estimated at $164,072, approximately $177 per square foot. This property was built in 1930. 1005 W Rex St is a home located in Delaware County with nearby schools including Muncie Central High School, West View Elementary 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.

Nearby Homes