NOT LISTED FOR SALE

1401 E Gilbert St Muncie, IN 47305

East Central Neighborhood

Estimated Value: $44,000 - $76,919

3 Beds
2 Baths
1,523 Sq Ft
$37/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $47,500 $31 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $378/month

53 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 3-minute walk to Hughes Nature Preserve

About This Home

As of September 2023

INVESTMENT OPPORTUNITY includes 2 houses! The main house is a 2 bedroom 1 bath. The work has already been started. Very nice front and side covered porches. The second house is a 1 bedroom 1 bath. Both houses have newer roofs, vinyl siding, and replacement windows. Newer storage shed remains with the property. Must see!

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Brokerage Phone: 765-212-1111 Listed on: 07/27/2023

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Washington Academy Elementary School
  • Northside Middle School
  • Central High School

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18-11-10-486-010.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 113
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KIRBYS 1ST ADD EX E 9.5 FT LOT 5
  • Parcel Number ID: 18-11-10-486-010.000-003
  • Platted: Yes
  • Sp Lp Percent: 89.79
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2469
  • Total Finished Sq Ft: 1523
  • Above Grade Finished Sq Ft: 1523
  • Below Grade Sq Ft: 946
  • Price Per Sq Ft: 31.19
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Total Below Grade Sq Ft: 946

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Property Tax: 800

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 29, 2023
Sold by
Bryant Piera Maria
Bought by
Morehouse Robert C and Morehouse Mildred L
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$69,900
Sold Price
$47,500
Premium/Discount to List
-$22,400
-32.05%
Views
141
Current Estimated Value
$56,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,730
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Oct 13, 2021
Sold by
Schulte Eric J
Bought by
Bryant Plera Maria
Source: Public Records

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
Morehouse Robert C -- None Listed On Document
Bryant Plera Maria -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $47,500 -10.2% $31 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $52,900 -8.6% $35 / Sq Ft
08/23/2023 08/23/23 Price Changed $57,900 -6.6% $38 / Sq Ft
08/18/2023 08/18/23 Price Changed $62,000 -7.5% $41 / Sq Ft
08/15/2023 08/15/23 Price Changed $67,000 -4.1% $44 / Sq Ft
07/27/2023 07/27/23 For Sale $69,900 -- $46 / 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 $960 $42,600 $2,100 $40,500
2023 $960 $42,600 $2,100 $40,500
2022 $782 $33,700 $2,100 $31,600
2021 $730 $31,100 $2,100 $29,000
2020 $1,020 $45,600 $4,300 $41,300
2019 $1,020 $45,600 $4,300 $41,300
2018 $1,038 $46,500 $4,300 $42,200
2017 $1,030 $46,100 $4,300 $41,800
2016 $1,030 $46,100 $4,300 $41,800
2014 $983 $47,000 $8,200 $38,800
2013 -- $46,500 $8,200 $38,300
Source: Public Records

Agents Affiliated with this Home

  • Aaron Orr

    Seller's Agent in 2023

    Aaron Orr

    RE/MAX

    (765) 212-1111

    4 in this area

    733 Total Sales

    Aaron Orr
    Section Image
  • Diana Martin

    Buyer's Agent in 2023

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    21 in this area

    3,790 Total Sales

    Diana Martin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202326616

Indiana Regional MLS

APN: 18-11-10-486-010.000-003

Indiana Delaware County Muncie 47305 East Central

1401 E Gilbert St, Muncie, IN

This home is located at 1401 E Gilbert St, Muncie, IN 47305 since 27 July 2023 and is currently estimated at $56,230, approximately $36 per square foot. This property was built in 1910. 1401 E Gilbert St is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High 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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