NOT LISTED FOR SALE

1409 W Jackson St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $100,000 - $157,000

5 Beds
2 Baths
1,813 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $70,000 $39 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,001/month

46 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2014

GREAT BSU RENTAL. COMPLETELY REMODELED INSIDE AND OUT ABOUT 13 YEARS AGO. CURRENTLY RENTED THROUGH JULY 31, 2014. CURRENT RENTS ARE $1225 PER MONTH. OWNER IS LICENSED BROKER IN INDIANA.

Last Agent to Sell the Property

Rob Wardrop

Cardinal Realty Group Listed on: 01/25/2014

Last Buyer's Agent

Rob Wardrop

Cardinal Realty Group Listed on: 01/25/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,514

Year Built

  • 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52x97
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 181116103013

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $400
  • Water Sewer Expense $550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,514

Year Built

1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Style: Two Story
  • Legal Description: BIRCH ADD LOT 3 |
  • Parcel Number ID: 181116103013
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Covered, Water Heater Gas
  • Special Features: None
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Sq Ft: 1813
  • Total Finished Sq Ft: 1813
  • Above Grade Finished Sq Ft: 1813
  • Below Grade Sq Ft: 785
  • Price Per Sq Ft: 38.61
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Total Below Grade Sq Ft: 785

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • 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 Insurance Expense: 700
  • Annual Maintenance Expense: 400
  • Annual Water Sewer Expense: 550

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x97
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

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

  • Total Assessed Value: 80100
  • Annual Property Tax: 1514

Multi Family

  • Number Of Units: 2

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Alc Capital 3 Llc
Bought by
Cardinal Rentals Llc
Total Days on Market
46
Current Estimated Value
$136,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$126,798
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,229

Purchase Details

Closed on
Aug 30, 2016
Sold by
Dane & Derek Llc
Bought by
Wilson Derek A

Purchase Details

Listed on
Jan 25, 2014
Closed on
Apr 24, 2014
Sold by
Wardrop Robert W
Bought by
Dane & Derek Llc
Seller's Agent
Rob Wardrop
Cardinal Realty Group
Buyer's Agent
Rob Wardrop
Cardinal Realty Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Source: Public Records

Similar Home in Muncie, IN

  • 520 N Alameda Dr, Muncie, IN 47303

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,853 Sq Ft
    • 520 N Alameda Dr
    • Muncie, IN

    Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

    Lisa Buckner RE/MAX Real Estate Groups

    Section Image
See All Homes in Muncie

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cardinal Rentals Llc $90,262 None Listed On Document
Wilson Derek A -- --
Dane & Derek Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinal Rentals Llc $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $70,000 -22.1% $39 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $89,900 -- $50 / 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 $2,882 $138,700 $12,800 $125,900
2023 $2,398 $114,500 $10,700 $103,800
2022 $2,002 $94,700 $10,700 $84,000
2021 $1,946 $91,900 $11,200 $80,700
2020 $1,668 $78,000 $10,700 $67,300
2019 $1,668 $78,000 $10,700 $67,300
2018 $1,720 $77,900 $10,700 $67,200
2017 $1,664 $77,800 $11,300 $66,500
2016 $1,636 $77,200 $12,000 $65,200
2014 $1,647 $80,200 $12,600 $67,600
2013 -- $80,100 $12,600 $67,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rob Wardrop

    Cardinal Realty Group

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20021378

Indiana Regional MLS

APN: 18-11-16-103-013.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1409 W Jackson St, Muncie, IN

This home is located at 1409 W Jackson St, Muncie, IN 47303 since 25 January 2014 and is currently estimated at $136,113, approximately $75 per square foot. This property was built in 1923. 1409 W Jackson St is a home located in Delaware County with nearby schools including West View Elementary School, 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.

Nearby Homes