NOT LISTED FOR SALE

Estimated Value: $71,722 - $87,000

4 Beds
2.5 Baths
1,808 Sq Ft
$43/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $69,000 $38 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $520/month

22 Days on Market

About This Home

As of September 2023

Nice Duplex in Muncie's Old West End! Updates include: 2022 new roof, 2019 electrical split so property has 2 meters, 2019 new exterior staircase, 2020/2023 new flooring in unit 1, most windows have been replaced and more! Unit 1 rents for $700. Unit 2 rents for $475. Seller pays all utilities for unit 1 and sewer/ water for unit 2. The total that seller pays for utilities is approx $350 per month. Tenants are in place and can stay if new buyer desires. 24 hour notice required for showings.

Last Agent to Sell the Property

Rebekah Hanna

RE/MAX Real Estate Groups Brokerage Phone: 765-760-4556 Listed on: 08/10/2023

RE/MAX Real Estate Groups

Last Buyer's Agent

Rebekah Hanna

RE/MAX Real Estate Groups Brokerage Phone: 765-760-4556 Listed on: 08/10/2023

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x125
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Southview Elementary School
  • Northside Middle School
  • Central High School

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for heating, sewer, water
  • Assessor Parcel Number 181116178002000003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: S T N Lot # 6
  • Parcel Number ID: 181116178002000003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.34
  • Annual Miscellaneous: 167
  • Monthly Gross Income: 1175
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2448
  • Total Finished Sq Ft: 1808
  • Above Grade Finished Sq Ft: 1808
  • Below Grade Sq Ft: 640
  • Price Per Sq Ft: 38.16
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1168
  • Total Below Grade Sq Ft: 640
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Maintenance Expense: 1500
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43x125
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 6

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 42600
  • Annual Property Tax: 918

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 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
Nov 15, 2011
Sold by
Edmonds Jim R
Bought by
Weathervane Properties Llc
Current Estimated Value
$77,181

Purchase Details

Closed on
Apr 7, 2009
Sold by
Souffrant Donald J and Souffrant Janet K
Bought by
Edmonds Jim R

Purchase Details

Closed on
Sep 26, 2006
Sold by
Edmonds Jim
Bought by
Souffant Donald J and Souffant Janet K

Purchase Details

Closed on
Jan 13, 2005
Sold by
Souffrant Donald J and Souffrant Janet K
Bought by
Edmonds Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Weathervane Properties Llc $500 None Available
Edmonds Jim R -- None Available
Souffant Donald J -- None Available
Edmonds Jim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edmonds Jim $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $69,000 -12.7% $38 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $79,000 -- $44 / 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 $1,130 $51,100 $5,000 $46,100
2023 $960 $42,600 $4,200 $38,400
2022 $918 $40,500 $4,200 $36,300
2021 $708 $30,000 $5,300 $24,700
2020 $690 $29,100 $5,300 $23,800
2019 $688 $29,000 $5,300 $23,700
2018 $664 $27,800 $5,300 $22,500
2017 $672 $28,200 $5,300 $22,900
2016 $672 $28,200 $5,300 $22,900
2014 $417 $18,700 $5,100 $13,600
2013 -- $18,000 $4,900 $13,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202328541

Indiana Regional MLS

APN: 18-11-16-178-002.000-003