NOT LISTED FOR SALE

1412 W Tree Ln Muncie, IN 47302

Estimated Value: $244,000 - $328,000

4 Beds
2.5 Baths
2,820 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $200,000 $71 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,638/month

28 Days on Market

Highlights

  • 2-Story Property
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of May 2022

COWAN SCHOOLS - 4 Bedroom, 2.5 Bath, ready for a new owners touch! This cute home sits on a nearly an acre with a chain link fence! Additional 3 car garage in the rear of home. Brand new HVAC system and ductwork. Home has a wood burning fireplace. One owner home. House sits on 2 lots.

Last Agent to Sell the Property

Laura Wright

PPG Real Estate LLC Listed on: 03/23/2022

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1970

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 191x214
  • Rural Setting
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,820 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Suburban Location

Schools

  • Cowan Elementary And Middle School
  • Cowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well

Community Details

  • Waynewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-15-04-152-017.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1970
  • Style: Two Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: WAYNEWOOD SEC B LOT 24 and WAYNEWOOD SEC B 0.0000Acres STR: 041910 IN: 25 OUT:
  • Parcel Number ID: 18-15-04-152-017.000-012
  • Platted: Yes
  • Location: City/Town/Suburb, Rural Subdivision
  • Parcel Id2: 18-15-04-152-016.000-012
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2820
  • Total Finished Sq Ft: 2820
  • Above Grade Finished Sq Ft: 2820
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 19x13, On Level: Main
  • Kitchen: Dimensions: 11x17, On Level: Main
  • Family Room: Dimensions: 11x18, On Level: Main
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Upper
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 14x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Dimensional Shingles
  • Outbuilding1: 2nd Detached Garage, Dimensions: 41x21
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Cowan

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 191x214
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75

Tax Info

  • Annual Taxes: 1398

MLS Schools

  • High School: Cowan
  • Middle School: Cowan
  • School District: Cowan Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 25, 2022
Sold by
Smith Zachary K
Bought by
Smith Zachary K and Howell Leah M
Seller's Agent
Laura Wright
PPG Real Estate LLC
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%
Current Estimated Value
$279,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,969
Avg. Annual Appreciation
9.88%
Original Mortgage
$196,377
Outstanding Balance
$186,964
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$93,005

Purchase Details

Closed on
Nov 18, 2021
Sold by
Wallace Melissa S and Wallace Fred L
Bought by
Ctp Investments Llc

Purchase Details

Closed on
May 7, 2019
Sold by
Wallace Fred L
Bought by
Wallace Fred L and Wallace Melissa S
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Smith Zachary K $200,000 Trulock James W
Smith Zachary K -- Trulock James W
Ctp Investments Llc -- None Listed On Document
Wallace Fred L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Zachary K $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $200,000 -13.0% $71 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $229,900 -- $82 / 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 $1,974 $220,400 $52,300 $168,100
2023 $1,183 $164,100 $43,600 $120,500
2022 $1,009 $143,500 $21,600 $121,900
2021 $1,000 $130,400 $18,800 $111,600
2020 $1,122 $139,700 $18,800 $120,900
2019 $995 $133,200 $17,900 $115,300
2018 $971 $132,500 $17,900 $114,600
2017 $1,023 $138,700 $15,300 $123,400
2016 $1,036 $138,700 $15,300 $123,400
2014 $849 $128,800 $14,600 $114,200
2013 -- $127,600 $14,600 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209586

Indiana Regional MLS

APN: 18-15-04-152-017.000-012