NOT LISTED FOR SALE

Estimated Value: $66,354 - $148,000

5 Beds
3 Baths
2,432 Sq Ft
$48/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $35,000 $14 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $780/month

240 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2014

This triplex features a new gas furnace which services all units, separate electric meters for each one. Great parking, easy to rent. One downstairs unit has one bedroom and two bedrooms in the other two units.

Last Agent to Sell the Property

Mark Kelly

Berkshire Hathaway Indiana Realty Listed on: 11/09/2013

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Daniel Norton

CPC Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 5 Bedrooms
  • 2,432 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for building insurance, electric, fuel, maintenance, sewer, tax, water
  • Assessor Parcel Number 181112356003.000-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1954
  • Age: 60
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Legal Description: MAYFIELD EXT |
  • Parcel Number ID: 181112356003.000-003
  • Platted: Yes
  • Amenities: Cable Ready, Porch Covered, Water Heater Gas
  • Sp Lp Percent: 73.07
  • Zoning Description: RES
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2432
  • Total Finished Sq Ft: 2432
  • Above Grade Finished Sq Ft: 2432
  • Price Per Sq Ft: 14.39
  • Basement Foundation: Slab

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x140
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

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

Tax Info

  • Total Assessed Value: 58100
  • Annual Property Tax: 1130

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

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
Mar 29, 2017
Sold by
Pitcher Robert
Bought by
Pitcher Jenny
Total Days on Market
240
Current Estimated Value
$116,589

Purchase Details

Closed on
Aug 8, 2016
Sold by
Pitcher Jenny
Bought by
Pitcher Robert

Purchase Details

Listed on
Nov 9, 2013
Closed on
Aug 6, 2014
Sold by
Cardoso Dan J
Bought by
Pitcher Jenny
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Daniel Norton
CPC Real Estate, LLC
List Price
$53,900
Sold Price
$35,000
Premium/Discount to List
-$18,900
-35.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Fouch Brenton C and Fouch Sherlene
Bought by
Cardoso Dan J

Purchase Details

Closed on
Nov 17, 2011
Sold by
Fouch Brenton C and Fouch Sherlene
Bought by
Cardoso Dan J
Source: Public Records

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Range of Values:

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List 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
Pitcher Jenny -- --
Pitcher Robert -- --
Pitcher Jenny -- Young Title
Cardoso Dan J -- Youngs Title
Cardoso Dan J $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cardoso Dan J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $35,000 -35.1% $14 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $53,900 -- $22 / 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 $1,532 $70,700 $4,600 $66,100
2023 $1,532 $70,700 $4,600 $66,100
2022 $1,280 $58,100 $4,600 $53,500
2021 $1,248 $56,500 $7,200 $49,300
2020 $1,152 $51,700 $6,000 $45,700
2019 $1,084 $48,300 $5,400 $42,900
2018 $1,176 $52,900 $5,400 $47,500
2017 $1,138 $51,000 $5,400 $45,600
2016 $1,192 $53,700 $5,700 $48,000
2014 $1,227 $58,700 $7,100 $51,600
2013 -- $58,100 $7,100 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20020730

Indiana Regional MLS

APN: 18-11-12-356-003.000-003