NOT LISTED FOR SALE

1019 N Macedonia Ave Muncie, IN 47303

Whitely Neighborhood

Estimated Value: $60,000 - $112,000

1 Bed
1.5 Baths
1,242 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $325,000 $262 Per Sq Ft

Current estimated payment $511/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 5-minute walk to Riverview Park

About This Home

As of March 2023

This is an investor’s dream! 7 package deal being sold altogether, all single family homes. 6/7 properties are already rented and on year leases. Don’t miss this deal! 1.) 1019 N Macedonia Ave Muncie Rented for $750, 1 bed, 1 bath 1.5 detached garage 2.) 601 S Shipley St Muncie Rented for $750, 4 beds, 1 bath 3.) 606, 600 BLK, 610 S Shipley St Muncie Rented for $650, 3 beds, 1 bath 4.) 2229 W 10th St Muncie Rented for $650, 2 beds, 1 bath 5.) 2818 S Franklin St Muncie Vacant. 2 beds, 1 bath 6.) 3616, 3616 ADJ W 28th St Muncie Rented for $600, 2 beds, 1 bath 7.) 1625 W 9th St Anderson Rented for $775, 3 beds, 2 bath

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC Listed on: 01/25/2023

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC Listed on: 01/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1897

Lot Details

  • 5,360 Sq Ft Lot
  • Lot Dimensions are 40x134

Parking

  • 1 Parking Space

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,242 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom

Location

  • Suburban Location

Schools

  • Longfellow Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, lawn maintenance, sewer, tax, trash collection, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 18-11-10-283-012.000-003

Community Details

Overview

  • 7 Buildings
  • 7 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Maintenance Expense $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1897
  • Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: W L CO 1 ADD BLK 50 LOT 12
  • Parcel Number ID: 18-11-10-283-012.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Location: City/Town/Suburb
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1242
  • Total Finished Sq Ft: 1242
  • Above Grade Finished Sq Ft: 1242
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Mixed

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 1400

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Longfellow

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40X134
  • Estimated Lot Sq Ft: 5360
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 12

Rental Info

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

Tax Info

  • Annual Property Tax: 4000

Multi Family

  • Number Of Units: 7
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Number Of 4 Bedrooms: 1

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
Jan 25, 2023
Closed on
Mar 8, 2023
Sold by
Buzzona Investments Two Llc
Bought by
Ocean Breeze Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%
Views
33
Current Estimated Value
$81,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,000
Avg. Annual Appreciation
-39.89%
Original Mortgage
$260,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2021
Sold by
Buzzard James T
Bought by
Buzzona Investments Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,800
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2018
Closed on
Dec 10, 2018
Sold by
Anubis Properties Inc
Bought by
Buzzard James T
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$22,000
Sold Price
$21,000
Premium/Discount to List
-$1,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Nov 2, 2012
Sold by
M Jewell Llc
Bought by
Anubis Properties Inc

Purchase Details

Closed on
Nov 3, 2011
Sold by
Washington Mutual
Bought by
M Jewell Llc

Purchase Details

Closed on
Apr 14, 2009
Sold by
Mullins Dale E
Bought by
Washington Mutual

Purchase Details

Closed on
Jun 7, 2006
Sold by
Norton Daniel K
Bought by
Mullins Dale E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Norton Daniel K

Purchase Details

Closed on
Nov 2, 2005
Sold by
William Barbara J and Carter James E
Bought by
Jp Morgan Chase Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocean Breeze Llc -- None Listed On Document
Buzzona Investments Two Llc $28,000 None Available
Buzzard James T -- None Available
Anubis Properties Inc -- Title Express
M Jewell Llc $2,026 None Available
Washington Mutual -- None Available
Mullins Dale E -- None Available
Norton Daniel K -- None Available
Jp Morgan Chase Bank $20,460 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocean Breeze Llc $260,000
Previous Owner Buzzona Investments Two Llc $16,800
Previous Owner Mullins Dale E $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $325,000 -16.6% $262 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $389,900 +1756.7% $314 / Sq Ft
12/12/2018 12/12/18 Sold $21,000 -4.5% $12 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/21/2018 11/21/18 For Sale $22,000 -- $12 / 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 $1,014 $45,300 $4,600 $40,700
2023 $959 $39,200 $3,800 $35,400
2022 $734 $31,300 $3,800 $27,500
2021 $780 $33,600 $4,300 $29,300
2020 $682 $28,700 $4,200 $24,500
2019 $674 $28,300 $4,200 $24,100
2018 $678 $28,500 $4,400 $24,100
2017 $636 $26,400 $4,800 $21,600
2016 $636 $26,400 $4,800 $21,600
2014 $569 $26,300 $4,800 $21,500
2013 -- $26,000 $4,800 $21,200
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2023

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    14 in this area

    481 Total Sales

    Heather Clemmons
    Section Image
  • Ryan Kramer

    Seller's Agent in 2018

    Ryan Kramer

    RE/MAX Real Estate Groups

    (765) 717-2489

    3 in this area

    559 Total Sales

    Ryan Kramer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202302206

Indiana Regional MLS

APN: 18-11-10-283-012.000-003

Indiana Delaware County Muncie 47303 Whitely

1019 N Macedonia Ave, Muncie, IN

Not Listed for Sale

MultiFamily

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