NOT LISTED FOR SALE

1112 W University Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $96,000 - $110,513

2 Beds
1 Bath
792 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $60,000 $76 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $739/month

1 Day on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • 4-minute walk to Emerson Memorial Greenspace Park

About This Home

As of May 2020

Great location close to both BSU and IU Ball Memorial Hospital. Easy access to University Village and Downtown Muncie. This property offers 2 bedrooms, 1 bath, rear deck, ample off street parking off municipal alley, appliances included such as dishwasher,stove, refrigerator, and microwave oven, partial basement with updated electric panel box, high efficiency GFA furnace and central air conditioning, high end water heater, some hardwood floors. Seller has never lived in this home and has always used as a rental. Immediate occupancy. When rented this property rented for $700 per month for 2 adults and tenants paid all utilities. Square footage of living space by assessors office does not include the enclosed rear patio where basement access washer-dryer utility is currently.

Last Agent to Sell the Property

Kerry Wiggerly

Berkshire Hathaway Indiana Realty Listed on: 04/07/2020

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Dan MacDonald

Epique Inc.

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1901

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42 x 125
  • Level Lot

HOA Fees

  • $9 per month

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient HVAC
  • Covered Patio or Porch
  • Suburban Location

Community Details

  • $9 Other Monthly Fees
  • River Side / Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-334-007.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 1901

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1901
  • Age: 119
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: RIVERSIDE ADDN.- W. 42 FT- BLKS #12-LOT #7
  • Parcel Number ID: 18-11-09-334-007.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Porch Covered, Formal Dining Room, Main Floor Laundry
  • Cross Street: Locust St
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100.02
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1188
  • Total Finished Sq Ft: 792
  • Above Grade Finished Sq Ft: 792
  • Below Grade Sq Ft: 396
  • Price Per Sq Ft: 75.76
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 11x12, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Other Room1: Entry Foyer, Dimensions: 5x6, On Level: Main
  • Main Level Sq Ft: 792
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 396

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Laundry: Dimensions: Mainx11, On Level: 6

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Other Fee Description: Storm
  • Other Fees Dollar: 108

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 42 X 125
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 7

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 1012

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
Apr 7, 2020
Closed on
May 20, 2020
Sold by
Ryne-Wood Investments
Bought by
Langeman Michael W and Langeman Deanne M
Seller's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Dan MacDonald
Epique Inc.
List Price
$59,988
Sold Price
$60,000
Premium/Discount to List
$12
0.02%
Current Estimated Value
$105,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,249
Avg. Annual Appreciation
11.31%
Original Mortgage
$48,000
Outstanding Balance
$43,089
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$62,001
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
Langeman Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langeman Michael W $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $60,000 0.0% $76 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $59,988 -- $76 / 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 $1,850 $87,100 $15,100 $72,000
2023 $1,670 $78,100 $12,600 $65,500
2022 $1,544 $71,800 $12,600 $59,200
2021 $1,404 $64,800 $13,100 $51,700
2020 $1,208 $55,000 $11,900 $43,100
2019 $1,120 $50,600 $11,400 $39,200
2018 $1,194 $54,300 $12,600 $41,700
2017 $1,092 $49,200 $11,400 $37,800
2016 $1,046 $46,900 $10,900 $36,000
2014 $917 $43,700 $10,100 $33,600
2013 -- $41,700 $9,800 $31,900
Source: Public Records

Agents Affiliated with this Home

  • Kerry Wiggerly

    Seller's Agent in 2020

    Kerry Wiggerly

    Berkshire Hathaway Indiana Realty

    (765) 744-2998

    2 in this area

    90 Total Sales

    Section Image
  • Dan MacDonald

    Buyer's Agent in 2020

    Dan MacDonald

    Epique Inc.

    (765) 748-5583

    65 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202012283

Indiana Regional MLS

APN: 18-11-09-334-007.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1112 W University Ave, Muncie, IN

This home is located at 1112 W University Ave, Muncie, IN 47303 since 07 April 2020 and is currently estimated at $99,628, approximately $125 per square foot. This property was built in 1901. 1112 W University Ave 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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