NOT LISTED FOR SALE

1028 W Marsh St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $130,000 - $177,000

2 Beds
2 Baths
1,048 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $115,000 $110 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,050/month

7 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Privacy Fence
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Delaware County Fairgrounds

About This Home

As of August 2022

Location, Location, Location! Double corner 80x125 lot at the intersection of Locust and Marsh one block north and two blocks east of the Ball State intersection of New York and Neely. Phenomenal redevelopment opportunity. Currently situated on the lot is a 2 bedroom home in need of a complete remodel or redevelopment. Also on the lot is a 2 story 30x40 structure with lots of potential.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 06/22/2022

RE/MAX Real Estate Groups

Last Buyer's Agent

Ali Starkey

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1926

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Privacy Fence
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • $10 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-135-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,343

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1926
  • Age: 96
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: NEELY ADD Block # 1 Lot #9-10
  • Parcel Number ID: 18-11-09-135-008.000-003
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.53
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2096
  • Total Finished Sq Ft: 1048
  • Above Grade Finished Sq Ft: 1048
  • Below Grade Sq Ft: 1048
  • Price Per Sq Ft: 109.73
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x13, On Level: Main
  • Kitchen: Dimensions: 9x7, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 1048
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1048

Exterior Features

  • Exterior: Stucco
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 18x13
  • Fence: Privacy

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 40x30
  • Garage Sq Ft: 1200
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Other Fee Description: Stormwater $108/YR Ditch fee- $10/YR
  • Other Fees Dollar: 118

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 80x125
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 2343

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
Jun 22, 2022
Closed on
Aug 8, 2022
Sold by
Carpenter Drew C and Carpenter William D
Bought by
9Silveroaks Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Ali Starkey
RE/MAX Real Estate Groups
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
1
Current Estimated Value
$149,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,796
Avg. Annual Appreciation
8.70%
Original Mortgage
$86,250
Outstanding Balance
$35,344
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving
Estimated Equity
$114,452
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 -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9Silveroaks Llc $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $115,000 -11.5% $110 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $129,900 -- $124 / 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 $3,036 $145,900 $26,400 $119,500
2023 $2,950 $136,000 $22,000 $114,000
2022 $2,681 $122,900 $22,000 $100,900
2021 $2,461 $112,400 $20,000 $92,400
2020 $2,147 $97,100 $18,200 $78,900
2019 $1,961 $90,200 $18,200 $72,000
2018 $1,972 $88,100 $18,200 $69,900
2017 $1,951 $89,700 $18,300 $71,400
2016 $1,863 $85,400 $17,400 $68,000
2014 $1,442 $73,200 $13,800 $59,400
2013 -- $72,500 $13,800 $58,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kramer

    Seller's Agent in 2022

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    16 in this area

    559 Total Sales

    Ryan Kramer
    Section Image
  • Ali Starkey

    Buyer's Agent in 2022

    Ali Starkey

    RE/MAX

    (765) 729-5004

    13 in this area

    94 Total Sales

    Ali Starkey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202225107

Indiana Regional MLS

APN: 18-11-09-135-008.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1028 W Marsh St, Muncie, IN

This home is located at 1028 W Marsh St, Muncie, IN 47303 since 22 June 2022 and is currently estimated at $149,796, approximately $142 per square foot. This property was built in 1926. 1028 W Marsh 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.

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