NOT LISTED FOR SALE

Estimated Value: $59,000 - $110,000

3 Beds
2 Baths
2,264 Sq Ft
$37/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $15,000 $7 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $542/month

237 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet
  • Energy-Efficient Windows

About This Home

As of November 2017

2 unit apartment, one upstairs and 1 on the main level. Main level unit has 2 bedrooms with a large kitchen open to living room and a big laundry room. Upstairs is a large 1 bedroom unit with a walk-in closet. Large living room and bedroom. Both units have triple pane windows by Unique Windows, gas heat and central air. Make your appointment today!

Last Listed By

Michael Lambert

Leading Home Realty Listed on: 03/24/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x125
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for cooling, heating, water
  • Assessor Parcel Number 18-11-16-177-002.000-003

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,367
  • Fuel Expense $889
  • Insurance Expense $736
  • Trash Expense $971
  • Water Sewer Expense $800

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 127
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S T N Add 0.0000 Acres STR: 162010 In: 6 Out
  • Parcel Number ID: 18-11-16-177-002.000-003
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 62.76
  • Monthly Gross Income: 1150
  • Special Features: None

Interior Features

  • Total Sq Ft: 2264
  • Total Finished Sq Ft: 2264
  • Above Grade Finished Sq Ft: 2264
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Electric: 1367
  • Annual Fuel Expense: 889
  • Annual Insurance Expense: 736
  • Annual Trash Expense: 971
  • Annual Water Sewer Expense: 800
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 42x125
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Triple Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Cooling, Heating, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1150
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Stahlke Rachel
Bought by
Belhumeur Derek and Sierke Nicholas Charles
Total Days on Market
237
Current Estimated Value
$83,015

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
Belhumeur Derek $9,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $15,000 -57.0% $7 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $34,900 -- $15 / 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 $980 $43,600 $5,000 $38,600
2023 $878 $36,400 $4,200 $32,200
2022 $800 $34,600 $4,200 $30,400
2021 $630 $26,100 $5,300 $20,800
2020 $614 $25,300 $5,300 $20,000
2019 $494 $19,300 $5,300 $14,000
2018 $534 $18,600 $5,300 $13,300
2017 $602 $24,700 $5,300 $19,400
2016 $602 $24,700 $5,300 $19,400
2014 $513 $23,500 $5,100 $18,400
2013 -- $22,500 $4,900 $17,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201712220

Indiana Regional MLS

APN: 18-11-16-177-002.000-003