NOT LISTED FOR SALE

1100 W 23rd St Muncie, IN 47302

Estimated Value: $103,000 - $126,000

3 Beds
1 Bath
1,008 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $57,000 $57 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $750/month

113 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of September 2019

Great investment opportunity with endless possibilities. You have 5 acres of industrial land. The house could easily be converted into an office space, kept as a rental or live in it yourself and enjoy the land and detached 2 car garage. Roof was completely replaced about 5 years ago per seller. There are 3 bedrooms, 1 bath, spacious living room and kitchen with separate utility room. Needs some TLC but tons of potential with this lot.

Last Agent to Sell the Property

Jen Benavides

Viking Realty Listed on: 04/17/2019

Viking Realty

Last Buyer's Agent

Jen Benavides

Viking Realty Listed on: 04/17/2019

Viking Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1992

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 165x1326
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 18-11-21-326-003.000-003

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1992
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT W HLF NE QTR SW QTR 5.0000ACRES STR: 212010 IN: OUT:
  • Parcel Number ID: 18-11-21-326-003.000-003
  • Platted: Yes
  • Amenities: Cable Ready, Eat-In Kitchen, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Zoning Description: Intense Industrial
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Basement Foundation: Crawl
  • Flooring: Mixed

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: Level, 3-5.9999
  • Lot Dimensions: 165x1326
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Water

Tax Info

  • Annual Property Tax: 706.74

Multi Family

  • Number Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Sep 18, 2019
Sold by
Hinds Jacqueline Sue
Bought by
Trucks & Imports Inc
Seller's Agent
Jen Benavides
Viking Realty
Buyer's Agent
Jen Benavides
Viking Realty
List Price
$72,000
Sold Price
$57,000
Premium/Discount to List
-$15,000
-20.83%
Current Estimated Value
$116,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,953
Avg. Annual Appreciation
12.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trucks & Imports Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2019 09/18/19 Sold $57,000 -12.3% $57 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $65,000 -5.8% $64 / Sq Ft
05/22/2019 05/22/19 Price Changed $69,000 -4.2% $68 / Sq Ft
04/17/2019 04/17/19 For Sale $72,000 -- $71 / 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 $1,622 $75,200 $28,000 $47,200
2023 $1,782 $75,200 $28,000 $47,200
2022 $1,868 $79,500 $28,000 $51,500
2021 $1,780 $75,100 $28,000 $47,100
2020 $1,786 $75,300 $28,000 $47,300
2019 $714 $73,000 $28,000 $45,000
2018 $761 $73,000 $28,000 $45,000
2017 $712 $73,500 $28,000 $45,500
2016 $715 $73,500 $28,000 $45,500
2014 $648 $72,900 $28,000 $44,900
2013 -- $72,400 $28,000 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201914168

Indiana Regional MLS

APN: 18-11-21-326-003.000-003