NOT LISTED FOR SALE

1412 E 5th St Muncie, IN 47302

Industry Neighborhood

Estimated Value: $39,000 - $56,000

3 Beds
1 Bath
1,008 Sq Ft
$50/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $26,500 $26 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $339/month

40 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Level Lot

About This Home

As of November 2021

Investment Opportunity: Perfectly Priced & Located on the South Side of Muncie, this is house #4 in a potential 4 house package deal. All Houses Tenant Occupied. Instant Income Potential. 3 beds, 1 bath with 1008 sq ft of living space. Covered Front Porch. Large Yard.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC Listed on: 10/07/2021

Last Buyer's Agent

Dane Wilson

Middletown Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378

Year Built

  • Built in 1910

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18-11-15-427-011.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$378

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 111
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GAL SUB 0.0000ACRES STR: 152010 IN: 108 OUT:
  • Parcel Number ID: 18-11-15-427-011.000-003
  • Platted: Yes
  • Investment Property: Yes
  • Sp Lp Percent: 80.55
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Price Per Sq Ft: 26.29
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 10x12, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Electric, Gas
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6250
  • Estimated Lot Size Acres: 0.1435
  • Lot Number: 108

Tax Info

  • Annual Taxes: 378

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
Oct 12, 2022
Sold by
Stone Cody
Bought by
208 Wealth Builders Llc
Total Days on Market
40
Current Estimated Value
$50,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$46,329
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$2,519

Purchase Details

Closed on
Aug 17, 2022
Sold by
208 Wealth Builders Llc
Bought by
Stone Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$46,329
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$2,519

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 19, 2021
Sold by
B & B Premier Properties Llc
Bought by
208 Wealth Builders Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Dane Wilson
Middletown Property Group, LLC
List Price
$32,900
Sold Price
$26,500
Premium/Discount to List
-$6,400
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Baize Virginia L
Bought by
B & B Premier 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
$115,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2009
Sold by
Baize Virginia L
Bought by
Baize Virginia L
Source: Public Records

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Range of Values:

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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
208 Wealth Builders Llc -- --
Stone Cody -- Smith James W
208 Wealth Builders Llc $26,500 None Available
B & B Premier Properties Llc -- --
Baize Virginia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Cody $48,000
Previous Owner B & B Premier Properties Llc $115,000
Previous Owner B & B Premier Properties Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $26,500 -19.5% $26 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $32,900 0.0% $33 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $32,900 -- $33 / 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 $670 $27,600 $3,800 $23,800
2023 $632 $25,700 $3,200 $22,500
2022 $546 $21,400 $3,200 $18,200
2021 $552 $21,700 $5,000 $16,700
2020 $496 $18,900 $5,000 $13,900
2019 $486 $18,400 $5,000 $13,400
2018 $486 $18,400 $5,000 $13,400
2017 $532 $20,700 $5,500 $15,200
2016 $636 $25,900 $6,900 $19,000
2014 $557 $25,200 $6,900 $18,300
2013 -- $25,000 $6,900 $18,100
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2021

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    25 in this area

    499 Total Sales

    Heather Clemmons
    Section Image
  • Dane Wilson

    Buyer's Agent in 2021

    Dane Wilson

    Middletown Property Group, LLC

    (765) 289-7617

    1 in this area

    19 Total Sales

    Dane Wilson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202142577

Indiana Regional MLS

APN: 18-11-15-427-011.000-003

Indiana Delaware County Muncie 47302 Industry

1412 E 5th St, Muncie, IN

This home is located at 1412 E 5th St, Muncie, IN 47302 since 07 October 2021 and is currently estimated at $50,336, approximately $49 per square foot. This property was built in 1910. 1412 E 5th 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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