NOT LISTED FOR SALE

1407 S Wolfe St Muncie, IN 47302

Industry Neighborhood
-- Bed
-- Bath
3,316 Sq Ft
6,098 Sq Ft Lot

Last Sold January 27, 2014

Last sale price $32,500 $10 Per Sq Ft

323 Days on Market

About This Home

As of January 2014

NOW AVAILABLE 4 UNIT APARTMENT BUILDING + 2 STORY RETAIL OR OFFICE AREA. Two of the units are 2 bedroom apartments. The other two apartments are 3 bedrooms. The owner currently pays the water & sewage bills and tenants pay for electric & gas. The retail area could easily be divided if desired. Immediate cash flow opportunity! Must See!!

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 12/17/2012

RE/MAX Real Estate Groups

Last Buyer's Agent

MEIAR NonMember

NonMember MEIAR

Property Details

Home Type

  • Apartment

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 125x50
  • Level Lot

Home Design

  • Slab Foundation
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Insulated Windows

Parking

  • Driveway
  • Paved Parking

Schools

  • Sutton Elementary School
  • Wilson Middle School
  • Southside High School

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 1115439006000

Community Details

Overview

  • 5 Units
  • Galliher Subdivision

Building Details

  • Water Sewer Expense $2,092

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Style: Two Story
  • Legal Description: GAL SUB STR: 152010 IN: 434 |
  • Parcel Number ID: 1115439006000
  • Platted: Yes
  • Amenities: Cable Ready, Water Heater Gas
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 6300
  • Total Finished Sq Ft: 3316
  • Above Grade Finished Sq Ft: 3316
  • Below Grade Sq Ft: 2984
  • Basement Foundation: Slab
  • Total Below Grade Sq Ft: 2984

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Rubber

Garage/Parking

  • Driveway: Asphalt
  • Parking: Paved

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Water Sewer Expense: 2092

Condo/Co-op/Association

  • Other Fees Dollar: 72

Schools

  • Elementary School: Sutton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125x50
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 2338.74

Multi Family

  • Number Of Units: 5

MLS Schools

  • High School: Southside (Closed)
  • Middle School: Wilson

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $32,500 -53.5% $10 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $69,900 -- $21 / 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 $1,690 $79,100 $5,500 $73,600
2023 $1,880 $88,600 $5,100 $83,500
2022 $1,898 $89,500 $5,100 $84,400
2021 $1,455 $44,900 $5,100 $39,800
2020 $1,424 $65,800 $5,100 $60,700
2019 $1,726 $80,900 $5,100 $75,800
2018 $863 $80,900 $5,100 $75,800
2017 $1,704 $79,800 $5,100 $74,700
2016 $1,778 $83,500 $5,100 $78,400
2014 $2,467 $120,300 $5,100 $115,200
2013 -- $129,700 $5,100 $124,600
Source: Public Records

Agents Affiliated with this Home

  • Aaron Orr

    Seller's Agent in 2014

    Aaron Orr

    RE/MAX

    (765) 212-1111

    5 in this area

    701 Total Sales

    Aaron Orr
    Section Image

  • M

    Buyer's Agent in 2014

    MEIAR NonMember

    NonMember MEIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20020281

Indiana Regional MLS
Indiana Delaware County Muncie 47302 Industry

1407 S Wolfe St, Muncie, IN

Not Listed for Sale

MultiFamily

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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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