NOT LISTED FOR SALE

1303 S Elm St Muncie, IN 47302

South Central Neighborhood

Estimated Value: $62,000 - $85,000

4 Beds
2 Baths
1,797 Sq Ft
$42/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $43,000 $24 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $534/month

12 Days on Market

About This Home

As of June 2022

This classic city home is ready for restoration! Home is currently split into two units; a main 4 bed, 2 bath unit and an additional 1 bed, 1 bath unit (with current tenant who would like to extend lease). The main unit's bedrooms feature hardwood floors with plenty of storage closets. The oversized porch and living room can become spacious and inviting with the needed upgrades. The additional unit is currently being rented out & renter would like to sign a new lease. With some serious TLC and upgrades this can become a great multi-family income property. Buyer to rely on own measurements and property is being sold as-is.

Last Listed By

Cameron Parker

RE/MAX Real Estate Groups Listed on: 03/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1902

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x122
  • Sloped Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Suburban Location

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • $9 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 18-11-15-310-009.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$861

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1902
  • Age: 120
  • Style: Two Story
  • Architectural Style: Duplex
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ANTHONY HOME LOT 81
  • Parcel Number ID: 18-11-15-310-009.000-003
  • Platted: Yes
  • Amenities: Cable Ready
  • Cross Street: Sixth
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Sp Lp Percent: 86
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1797
  • Total Finished Sq Ft: 1797
  • Above Grade Finished Sq Ft: 1797
  • Price Per Sq Ft: 23.93
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 30x9, On Level: Main
  • Kitchen: Dimensions: 24x6, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Upper
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 13x9, On Level: Upper
  • Bedroom 4: Dimensions: 14x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 8x6, 48

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 18

Condo/Co-op/Association

  • Other Fee Description: Storm Water Charge
  • Other Fees Dollar: 108

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 41x122
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 81

Tax Info

  • Annual Taxes: 861

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
1512 E Andover Avenue Llc and 1303 S Elm St Llc
Bought by
Grantee Indigold Llc
Total Days on Market
12
Current Estimated Value
$74,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Outstanding Balance
$459,983
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$376,316

Purchase Details

Closed on
Dec 6, 2022
Sold by
Kmc Holdings Llc
Bought by
1303 S Elm Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 20, 2022
Sold by
Us Home Vault Llc
Bought by
Kmc Holdings Llc

Purchase Details

Listed on
Mar 25, 2022
Closed on
Jun 6, 2022
Sold by
Donald Carlson
Bought by
Us Home Vault Llc
Seller's Agent
Cameron Parker
RE/MAX Real Estate Groups
Buyer's Agent
Cameron Parker
RE/MAX Real Estate Groups
List Price
$50,000
Sold Price
$43,000
Premium/Discount to List
-$7,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%
Original Mortgage
$45,000
Interest Rate
1.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Five Stream Ventures Llc
Bought by
Carlson Donald and Paez Janelle

Range of Values:

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Average Value
Not Available
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
Grantee Indigold Llc -- National Title
1303 S Elm Street Llc $98,000 --
Kmc Holdings Llc -- --
Us Home Vault Llc $43,000 Mcanlis Law Group Pc
Carlson Donald -- None Available
Five Stream Ventures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grantee Indigold Llc $465,500
Previous Owner 1303 S Elm Street Llc $78,400
Previous Owner Us Home Vault Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $43,000 -14.0% $24 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $50,000 -- $28 / 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 $1,434 $66,300 $5,200 $61,100
2023 $1,245 $56,800 $4,400 $52,400
2022 $1,161 $52,600 $4,400 $48,200
2021 $969 $43,000 $2,900 $40,100
2020 $1,007 $44,900 $4,800 $40,100
2019 $1,079 $48,500 $4,800 $43,700
2018 $1,077 $48,400 $4,800 $43,600
2017 $1,083 $48,700 $5,300 $43,400
2016 $1,083 $48,700 $5,300 $43,400
2014 $1,083 $52,000 $6,600 $45,400
2013 -- $51,600 $6,600 $45,000
Source: Public Records

Agents Affiliated with this Home

  • Cameron Parker

    Seller's Agent in 2022

    Cameron Parker

    RE/MAX

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Map

Source: Indiana Regional MLS

MLS Number: 202210042

Indiana Regional MLS

APN: 18-11-15-310-009.000-003

Indiana Delaware County Muncie 47302 South Central

1303 S Elm St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1303 S Elm St, Muncie, IN 47302 since 25 March 2022 and is currently estimated at $74,667, approximately $41 per square foot. This property was built in 1902. 1303 S Elm St is a home located in Delaware County with nearby schools including South View Elementary School, Muncie Central High School, and Southside 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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