NOT LISTED FOR SALE

1401 W Gilbert St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $167,000 - $210,000

5 Beds
2 Baths
2,528 Sq Ft
$72/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $152,000 $60 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,224/month

30 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of August 2023

Welcome to Gilbert Street's hidden gem—an impressive 5-bedroom, 2-bathroom property close to Ball State University. This home offers spacious living and entertainment options. The sizable living room with built-in shelves and a cozy fireplace sets the stage for memorable gatherings. Each generously proportioned bedroom provides a peaceful retreat, while the modern kitchen boasts stainless steel appliances and ample counter space. Abundant parking adds convenience. Don't miss out on this remarkable home rented through the 23-24 school year for $1425 per month.

Last Agent to Sell the Property

Austin Rich

NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 07/25/2023

NextHome Elite Real Estate

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1932

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47x125
  • Property is zoned R-1 Residence Zone

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

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

Flooring

  • Wood
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-356-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,364

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1932
  • Age: 91
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M H BLDRS ADD LOT 41
  • Parcel Number ID: 18-11-09-356-008.000-003
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 86.86
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3218
  • Total Finished Sq Ft: 2528
  • Above Grade Finished Sq Ft: 2528
  • Below Grade Sq Ft: 690
  • Price Per Sq Ft: 60.13
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood Floors, Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 13x6, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 17x12, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Bedroom 4: Dimensions: 14x7, On Level: Upper
  • Bedroom 5: Dimensions: 11x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 690

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x16
  • Garage Sq Ft: 256
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 47x125
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 2364

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
May 6, 2024
Sold by
Wendel Michael and Wendel Michele
Bought by
Happy Saguaro Rentals Llc
Current Estimated Value
$182,154

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 31, 2023
Sold by
Monkey Properties Llc
Bought by
Wendel Michael and Wendel Michele
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$185,000
Sold Price
$152,000
Premium/Discount to List
-$33,000
-17.84%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Aug 7, 2014
Sold by
Lancaster Sarah Lynn
Bought by
Monkey Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2008
Sold by
Lancaster Brad A
Bought by
Lancaster Sarah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Happy Saguaro Rentals Llc -- None Listed On Document
Wendel Michael -- None Listed On Document
Monkey Properties Llc -- Young Title
Lancaster Sarah Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monkey Properties Llc $68,000
Previous Owner Lancaster Sarah Lynn $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $152,000 -13.1% $60 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $175,000 -5.4% $69 / Sq Ft
07/25/2023 07/25/23 For Sale $185,000 -- $73 / 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 $3,090 $149,100 $13,700 $135,400
2023 $2,642 $126,700 $11,400 $115,300
2022 $2,364 $112,800 $11,400 $101,400
2021 $2,002 $94,700 $11,800 $82,900
2020 $1,860 $87,600 $10,800 $76,800
2019 $1,934 $91,300 $10,800 $80,500
2018 $1,934 $91,300 $10,800 $80,500
2017 $1,770 $83,100 $9,400 $73,700
2016 $1,700 $79,600 $9,400 $70,200
2014 $1,503 $73,000 $9,200 $63,800
2013 -- $73,500 $9,200 $64,300
Source: Public Records

Agents Affiliated with this Home

  • Austin Rich

    Seller's Agent in 2023

    Austin Rich

    NextHome Elite Real Estate

    (765) 749-4546

    10 in this area

    259 Total Sales

    Austin Rich
    Section Image
  • Diana Martin

    Buyer's Agent in 2023

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    29 in this area

    3,786 Total Sales

    Diana Martin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202326125

Indiana Regional MLS

APN: 18-11-09-356-008.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1401 W Gilbert St, Muncie, IN

This home is located at 1401 W Gilbert St, Muncie, IN 47303 since 25 July 2023 and is currently estimated at $182,154, approximately $72 per square foot. This property was built in 1932. 1401 W Gilbert St is a home located in Delaware County with nearby schools including Muncie Central High School, West 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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