1223 E 5th St Muncie, IN 47302
Industry Neighborhood
3
Beds
2
Baths
2,030
Sq Ft
0.28
Acres
Highlights
- 0.28 Acre Lot
- Utility Room in Garage
- Eat-In Kitchen
- Covered patio or porch
- 1 Car Detached Garage
- Bathtub with Shower
About This Home
As of September 2023New PRICE!! Wonderful Family Home or Investment Property with tons of potential is ready for a new ownerl! You will love all of the space that this 2030 sq. ft., 3 bedroom, 2 bath home has to offer. Sitting on 2 city lots, this house has a large living room, spacious kitchen, and 3 bedrooms including an extra large Primary Suite at the back end of the house. There is a separate entrance to the Primary bedroom at the back of the house as well if the new owner would want to close off the bedroom and turn it into an efficency apartment. The home has a large yard and is enclosed with a 9 ft. chain link fence. Recent Improvements include a new roof in 2022, a new water heater in 2020, garbage disposal 2021, sink 2022, updated electrical system and plumbing in 2013, and new plumbing in back bathroom in 2022. There is a 2 car detached garage at back of property as well. The home sits close to downtown bars and restaurants, the Convention Center, shopping, and several local parks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $986
Year Built
- Built in 1929
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100x125
- Property is Fully Fenced
- Chain Link Fence
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Utility Room in Garage
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven or Range
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Sump Pump
- Block Basement Construction
- Crawl Space
Home Security
- Home Security System
- Fire and Smoke Detector
Schools
- Southview Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 18-11-15-408-005.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Sep 5, 2023
Sold by
Smith Willie L and Smith Diane
Bought by
Bouton Daniel B and Bouton Cara J
Seller's Agent
Karen Dall
Coldwell Banker Real Estate Group
Buyer's Agent
Taylor Licht
RE/MAX Complete
List Price
$124,900
Sold Price
$89,000
Premium/Discount to List
-$35,900
-28.74%
Views
338
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,746
Avg. Annual Appreciation
2.75%
Original Mortgage
$87,387
Outstanding Balance
$85,883
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$7,854
Purchase Details
Closed on
May 21, 2008
Sold by
Wilson Maria A
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Nov 13, 2007
Sold by
Deucthe Bank National Trust Co
Bought by
Smith Willie L and Young Smith Diane
Similar Homes in Muncie, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $89,000 | None Listed On Document | |
| Sheriffs Deed | $41,225 | None Available | |
| Limited Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $87,387 | FHA | |
| Previous Owner | $39,999 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2023 09/05/23 | Sold | $89,000 | 0.0% | $44 / Sq Ft |
| 09/05/2023 09/05/23 | Sold | $89,000 | -10.9% | $44 / Sq Ft |
| 08/05/2023 08/05/23 | Pending | -- | -- | -- |
| 08/05/2023 08/05/23 | Pending | -- | -- | -- |
| 07/16/2023 07/16/23 | Price Changed | $99,900 | 0.0% | $49 / Sq Ft |
| 07/14/2023 07/14/23 | Price Changed | $99,900 | -13.1% | $49 / Sq Ft |
| 06/15/2023 06/15/23 | Price Changed | $114,900 | 0.0% | $57 / Sq Ft |
| 06/15/2023 06/15/23 | Price Changed | $114,900 | -8.0% | $57 / Sq Ft |
| 05/17/2023 05/17/23 | For Sale | $124,900 | 0.0% | $62 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $124,900 | -- | $62 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $681 | $57,300 | $5,800 | $51,500 |
| 2023 | $639 | $53,100 | $4,800 | $48,300 |
| 2022 | $986 | $43,900 | $4,800 | $39,100 |
| 2021 | $970 | $43,100 | $7,500 | $35,600 |
| 2020 | $852 | $37,200 | $7,500 | $29,700 |
| 2019 | $828 | $36,000 | $7,500 | $28,500 |
| 2018 | $828 | $36,000 | $7,500 | $28,500 |
| 2017 | $924 | $40,800 | $8,300 | $32,500 |
| 2016 | $1,128 | $51,000 | $10,400 | $40,600 |
| 2014 | $1,071 | $51,400 | $11,000 | $40,400 |
| 2013 | -- | $51,000 | $11,000 | $40,000 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2023
Karen Dall
Coldwell Banker Real Estate Group
(765) 717-2310
1 in this area
49 Total Sales
-
Buyer's Agent in 2023
Taylor Licht
RE/MAX Complete
2 in this area
64 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202313124
APN: 18-11-15-408-005.000-003
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