NOT LISTED FOR SALE

101 S Talley Ave Muncie, IN 47303

Westside Neighborhood

Estimated Value: $85,000 - $154,000

5 Beds
3 Baths
2,400 Sq Ft
$54/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $65,000 $27 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $852/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet
  • Baseboard Heating

About This Home

As of November 2022

This triplex has 2 units currently rented, one at $600 and the other at $535. The third unit is currently vacant. Walk to BSU and Ball Hospital! This property needs some work but is a great investment opportunity! Being sold "AS-IS" There is an additional lot included in this sale.

Last Agent to Sell the Property

Nate Jennings

Burke Realty Listed on: 09/26/2022

Burke Realty

Last Buyer's Agent

Ali Starkey

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1915

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 150x60
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,400 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Carbon Monoxide Detectors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Northview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, fuel, water
  • Assessor Parcel Number 18-11-08-458-019.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,614

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1915
  • Age: 107
  • Style: One and Half Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: WESTSIDE ADD N HLF LOT 617-618
  • Parcel Number ID: 18-11-08-458-019.000-003
  • Platted: Yes
  • Amenities: Detector-Carbon Monoxide
  • Sp Lp Percent: 92.99
  • Monthly Gross Income: 1735
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2400
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2400
  • Price Per Sq Ft: 27.08
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 150x60
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Water

Multi Family

  • Gross Monthly Rent: 1735
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1614

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
Sep 26, 2022
Closed on
Nov 1, 2022
Sold by
Jb Elite Properties Llc
Bought by
9Silveroaks Llc
Seller's Agent
Nate Jennings
Burke Realty
Buyer's Agent
Ali Starkey
RE/MAX Real Estate Groups
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
48
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,000
Avg. Annual Appreciation
27.43%
Original Mortgage
$48,750
Outstanding Balance
$24,032
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$105,968

Purchase Details

Closed on
Apr 15, 2020
Sold by
Decade Llc
Bought by
Jb Elite 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
$93,000
Interest Rate
3.3%
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
9Silveroaks Llc -- Springdale Title
Jb Elite Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9Silveroaks Llc $48,750
Previous Owner Jb Elite Properties Llc $93,000
Previous Owner Decade Llc $558,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $65,000 -7.0% $27 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $69,900 -- $29 / 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 $1,902 $89,700 $18,300 $71,400
2023 $1,604 $74,800 $15,300 $59,500
2022 $1,726 $80,900 $15,300 $65,600
2021 $1,614 $75,300 $15,100 $60,200
2020 $1,586 $73,900 $13,700 $60,200
2019 $1,586 $73,900 $13,700 $60,200
2018 $1,482 $66,000 $13,700 $52,300
2017 $1,392 $64,200 $12,300 $51,900
2016 $1,382 $71,700 $11,800 $59,900
2014 $1,239 $59,800 $8,900 $50,900
2013 -- $56,800 $8,600 $48,200
Source: Public Records

Agents Affiliated with this Home

  • Nate Jennings

    Seller's Agent in 2022

    Nate Jennings

    Burke Realty

    (765) 702-4732

    3 in this area

    129 Total Sales

    Nate Jennings
    Section Image
  • Ali Starkey

    Buyer's Agent in 2022

    Ali Starkey

    RE/MAX

    (765) 729-5004

    11 in this area

    94 Total Sales

    Ali Starkey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202240043

Indiana Regional MLS

APN: 18-11-08-458-019.000-003

Indiana Delaware County Muncie 47303 Westside

101 S Talley Ave, Muncie, IN

This home is located at 101 S Talley Ave, Muncie, IN 47303 since 26 September 2022 and is currently estimated at $130,000, approximately $54 per square foot. This property was built in 1915. 101 S Talley 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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