NOT LISTED FOR SALE

1123 W Powers St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $72,092 - $92,000

4 Beds
2.5 Baths
1,808 Sq Ft
$45/Sq Ft Est. Value

Last Sold September 14, 2023

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

Est. 17% increase in value since last sale

Current estimated payment $521/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

NextHome Elite Real Estate Brokerage Phone: 765-760-4556 Listed on: 08/10/2023

NextHome Elite Real Estate

Last Buyer's Agent

Rebekah Hanna

NextHome Elite Real Estate Brokerage Phone: 765-760-4556 Listed on: 08/10/2023

NextHome Elite Real Estate

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
$80,523

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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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
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

  • Rebekah Hanna

    Seller's Agent in 2023

    Rebekah Hanna

    NextHome Elite Real Estate

    (765) 760-4556

    15 in this area

    403 Total Sales

    Rebekah Hanna
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Map

Source: Indiana Regional MLS

MLS Number: 202328541

Indiana Regional MLS

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

Indiana Delaware County Muncie 47305 Old West End

1123 W Powers St, Muncie, IN

This home is located at 1123 W Powers St, Muncie, IN 47305 since 10 August 2023 and is currently estimated at $80,523, approximately $44 per square foot. This property was built in 1900. 1123 W Powers St is a home located in Delaware County with nearby schools including Muncie Central High School, South 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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