NOT LISTED FOR SALE

1019 N Macedonia Ave Muncie, IN 47303

Whitely Neighborhood

Estimated Value: $58,000 - $104,000

1 Bed
1.5 Baths
1,242 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 17, 2023

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

Current estimated payment $525/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

  • Pet Restriction

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
  • Age: 126
  • Bedrooms: 1
  • Number Above Grade 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
  • Sp Lp Percent: 83.35
  • Monthly Gross Income: 4175
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1242
  • Total Finished Sq Ft: 1242
  • Above Grade Finished Sq Ft: 1242
  • Price Per Sq Ft: 261.67
  • 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

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

Multi Family

  • Gross Monthly Rent: 4175
  • Number Of Units: 7
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Number Of 3 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 6

Tax Info

  • Annual Property Tax: 4000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Buzzard James T
Bought by
Buzzona Investments Two Llc
Total Days on Market
9
Current Estimated Value
$78,667

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
22.45%

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

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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
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 Adventure Llc $260,000
Previous Owner Buzzona Investments Two Llc $232,000
Previous Owner Buzzona Investments Two Llc $16,800
Previous Owner Buzzard James T $37,600
Previous Owner Mullins Dale E $45,000
Previous Owner Norton Daniel K $9,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Indiana Regional MLS

MLS Number: 202302206

Indiana Regional MLS

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