NOT LISTED FOR SALE

1105 E Memorial Dr Unit 1107, 1109 Muncie, IN 47302

Southside Neighborhood

Estimated Value: $61,000 - $98,000

3 Beds
3 Baths
2,432 Sq Ft
$34/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $45,000 $19 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $539/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Covered patio or porch
  • Ceiling Fan
  • 3-minute walk to Heekin Park

About This Home

As of March 2021

Possible package deal. Triplex. 1.5 story 3-unit apartment building. This building is approx. 2500 sq. ft. featuring large 1 bedroom, 1 bath units. Rents are $350-400 a month. Tenants pay gas and electric with Separated meters. Owner pays Water, sewage, trash and mowing. Off Street parking.

Last Listed By

Heather Clemmons

Starr Real Estate LLC Listed on: 11/17/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $539

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x126
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 18-11-22-203-003.000-003

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Water Sewer Expense $600

Property Details

Home Type

Apartment

Est. Annual Taxes

$539

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1925
  • Age: 96
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: G & O SUB BLK 46 LOT 5
  • Parcel Number ID: 18-11-22-203-003.000-003
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Porch Covered, Water Heater Electric, Water Heater Gas
  • Sp Lp Percent: 90.18
  • Monthly Gross Income: 1650
  • Special Features: None

Interior Features

  • Total Sq Ft: 2432
  • Total Finished Sq Ft: 2432
  • Above Grade Finished Sq Ft: 2432
  • Price Per Sq Ft: 18.5
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate

Exterior Features

  • Exterior: Shingle
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 650
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x126
  • Estimated Lot Sq Ft: 5000
  • Estimated Lot Size Acres: 0.1148
  • Lot Number: 5

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1650
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Gilbert Linnel
Bought by
1105 E Memorial Llc
Total Days on Market
80
Current Estimated Value
$83,000

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 25, 2021
Sold by
Buzzard James
Bought by
Linnel Gilbert
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Michelle McGuire
Golden Rule Realty, LLC
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Buffalo Homes Llc
Bought by
Buzzard James

Purchase Details

Closed on
Apr 29, 2016
Sold by
Wilkerson Kristie
Bought by
Buffalo Homes

Purchase Details

Closed on
Oct 5, 2015
Sold by
Tec Investment Llc
Bought by
Wilkerson Kristie

Purchase Details

Closed on
May 29, 2012
Sold by
Wilkerson John S
Bought by
M Jewell Llc

Purchase Details

Closed on
May 23, 2012
Sold by
M Jewell Llc/Tec Investments Llc
Bought by
Wilkerson John S

Purchase Details

Closed on
Jan 19, 2012
Sold by
Dorer Ruth N and Dorer Warren L
Bought by
Tec Investments Llc

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
1105 E Memorial Llc -- Smith James W
Linnel Gilbert -- None Available
Buzzard James -- None Available
Buffalo Homes $10,000 --
Wilkerson Kristie -- --
M Jewell Llc -- --
Wilkerson John S $43,000 None Available
Tec Investments Llc $3,356 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilkerson John S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $45,000 -9.8% $19 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $49,900 0.0% $21 / Sq Ft
02/05/2021 02/05/21 Price Changed $49,900 -10.7% $21 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $55,900 -- $23 / 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 $925 $40,300 $4,700 $35,600
2023 $909 $39,500 $3,900 $35,600
2022 $839 $36,000 $3,900 $32,100
2021 $685 $28,300 $3,600 $24,700
2020 $533 $20,700 $3,600 $17,100
2019 $593 $23,700 $3,400 $20,300
2018 $641 $26,100 $3,600 $22,500
2017 $645 $26,300 $4,000 $22,300
2016 $591 $25,600 $4,000 $21,600
2014 $369 $15,800 $4,000 $11,800
2013 -- $15,500 $4,000 $11,500
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2021

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    53 in this area

    500 Total Sales

    Heather Clemmons
    Section Image
  • Michelle McGuire

    Buyer's Agent in 2021

    Michelle McGuire

    Golden Rule Realty, LLC

    (765) 606-6578

    3 in this area

    149 Total Sales

    Michelle McGuire
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202046283

Indiana Regional MLS

APN: 18-11-22-203-003.000-003

Indiana Delaware County Muncie 47302 Southside

1105 E Memorial Dr Unit 1107, 1109, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1105 E Memorial Dr Unit 1107, 1109, Muncie, IN 47302 since 17 November 2020 and is currently estimated at $83,000, approximately $34 per square foot. This property was built in 1925. 1105 E Memorial Dr Unit 1107, 1109 is a home located in Delaware County with nearby schools including Grissom Memorial Elementary School, Muncie Central High School, and Southside 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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