NOT LISTED FOR SALE

1112 W University Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $96,000 - $139,000

2 Beds
1 Bath
792 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 21, 2020

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

Est. 86% increase in value since last sale

Current estimated payment $788/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.

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
  • 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%
Total Days on Market
1
Current Estimated Value
$111,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,647
Avg. Annual Appreciation
14.24%
Original Mortgage
$48,000
Outstanding Balance
$43,089
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$74,118
Source: Public Records

Similar Homes in the area

  • 320 N Vine St, Muncie, IN 47305

    $99,999

    • 3 Beds
    • 1 Bath
    • 1,740 Sq Ft
    • 320 N Vine St
    • Muncie, IN

    Welcome to 320 N Vine St — a spacious 3-bedroom, 1-bath home offering 1,740 square feet of living space and strong investment potential. Currently rented at $940/month with a scheduled increase to over $1,000/month in September, this property provides consistent cash flow and minimal monthly expenses (just taxes and sanitation). Inside, you’ll find a functional layout including a large living

    Andrew Morken Morken Real Estate Services, Inc.

    Section Image
  • 3310 N Cowing Park Ln, Muncie, IN 47304

    $119,900

    • 3 Beds
    • 1 Bath
    • 1,005 Sq Ft
    • 3310 N Cowing Park Ln
    • Muncie, IN

    Great starter or investment opportunity! This 3-bedroom home offers a large living area and a spacious kitchen, updated bath, and a few other modern updates throughout. One car attached garage and large laundry/mudroom area. Easy access to shopping and restaurants.

    Alex Rittenhouse Moving Real Estate

    Section Image
  • 1715 S Madison St, Muncie, IN 47302

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 1715 S Madison St
    • Muncie, IN

    The current owner has done a ton of remodeling of this house, but it's time to turn the completion of the job to a new owner. So much is improved, such as all new windows, cement board siding, roof, 2 furnaces (no AC, but wired for it), both kitchens, all flooring and painting, etc. This is a 2-Unit property, but you can easily convert this back to a single home. 3 Beds (2 without immediate

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 2015 S Hackley St, Muncie, IN 47302

    $110,000

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft
    • 2015 S Hackley St
    • Muncie, IN

    Fully remodeled and ready for a new owner, this fantastic Southside cottage/bungelow is 728 SF, has 2 bedrooms, 1 full bath, and a 1.5 car detached garage. The entire house is updated and includes new vinyl flooring, new windows, roof, new HVAC, all new plumbing Electrical, kitchen with countertops, and includes very nice stainless steel appliances (refrigerator, gas oven/range top, and

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 417 S Elliott St, Muncie, IN 47305

    $79,000

    • 2 Beds
    • 2 Baths
    • 1,558 Sq Ft
    • 417 S Elliott St
    • Muncie, IN

    Great opportunity hitting the market in Muncie. This 2-bedroom, 1-bathroom home offers generous space and solid potential for improvement. Whether you’re looking to renovate or hold, this property is well-positioned in an active area. Don’t miss your chance to add value and make it yours.

    Steven Koleno Beycome Brokerage Realty

    Section Image
  • 822 W Bethel Ave, Muncie, IN 47303

    $79,900

    • 4 Beds
    • 2 Baths
    • 1,652 Sq Ft
    • 822 W Bethel Ave
    • Muncie, IN

    This home is a duplex with a Great return on investment. The lower level is a 3 bedroom 1 bath unit with gas stove and refrigerator with 980 sq ft ( per the courthouse ). There is an outside entrance for the one bedroom upper efficiency unit with gas stove refrigerator, family room and 672 sq ft ( per the court house). Great location for BSU rental or family, being Sold in "as is" condition.

    Jim Mochal Coldwell Banker Real Estate Group

    Section Image
  • 2104 N Ball Ave, Muncie, IN 47304

    $114,000

    • 2 Beds
    • 1 Bath
    • 992 Sq Ft
    • 2104 N Ball Ave
    • Muncie, IN

    Super Cute 2 BR house with a great location near BSU, IU Health ,shopping and dining.This home would be a great investment property or primary residence. All the work has been done with updates on the interior, a big privacy fenced yard, and a covered deck with a bar area in back for fun and relaxation! The living room is open to the spacious kitchen with all appliances included. Large utility

    Joann Davis F.C. Tucker Muncie, REALTORS

    Section Image
  • 2112 N Ball Ave, Muncie, IN 47304

    $110,000

    • 3 Beds
    • 1.5 Baths
    • 1,160 Sq Ft
    • 2112 N Ball Ave
    • Muncie, IN

    Prime Investment Opportunity! This 3-bedroom, 1.5-bath property is perfectly situated near Ball State University. With all major appliances included and a convenient shed providing extra storage, this home offers a comfortable, organized space ideal for student tenants. Its location and layout make it a strong addition to any investment portfolio. Currently leased through July 2026 with rental

    Richard Beckham Keller Williams Indy Metro NE

    Section Image
  • 216 N Vine St, Mun, IN 47303

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,880 Sq Ft
    • 216 N Vine St
    • Mun, IN

    Welcome to 216 North Vine Street, Muncie, Indiana—an exceptional property that is part of an exclusive three-house package deal. This home presents a fantastic investment opportunity or a wonderful option for homebuyers. With its 3 bedrooms, 1 full bath, and 1 half bath, this house offers a comfortable and spacious living environment for families or individuals alike. The property's inviting

    BRIAN INGLE FC Tucker Richmond

    Section Image
See All Homes in Muncie

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

    Kerry Wiggerly
    Section Image
  • Dan MacDonald

    Buyer's Agent in 2020

    Dan MacDonald

    Epique Inc.

    (765) 748-5583

    1 in this area

    71 Total Sales

    Dan MacDonald
    Section Image
See All Agents

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 $111,647, approximately $140 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.

Nearby Homes