1500 W 16th St Muncie, IN 47302
Thomas Park-Avondale Neighborhood
2
Beds
2
Baths
1,140
Sq Ft
7,492
Sq Ft Lot
Highlights
- Corner Lot
- Fenced Yard
- Vinyl Flooring
- Covered patio or porch
- Forced Air Heating System
About This Home
As of December 2024Triplex on a large corner lot, partially fenced. Unit 1 is vacant and near ready to rent. Unit 2 is currently leased. Unit 3 appears to have once been 2 units and has been gutted and is ready for the new owner to complete the unit. Property to be sold AS IS.
Last Agent to Sell the Property
Berkshire Hathaway Indiana Realty Brokerage Phone: 765-881-5451 Listed on: 10/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $898
Year Built
- Built in 1949
Lot Details
- 7,492 Sq Ft Lot
- Lot Dimensions are 60x125
- Fenced Yard
- Partially Fenced Property
- Corner Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2-Story Property
- Vinyl Flooring
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Southview Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, heating, sewer, water
- The owner pays for tax
- Assessor Parcel Number 18-11-21-115-010.000-003
Community Details
Overview
- 3 Units
- Chase Subdivision
Pet Policy
- Pet Restriction
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Dec 12, 2024
Sold by
T And Y Investments Llc
Bought by
Buttercake Properties Llc
Seller's Agent
Melanie White
Berkshire Hathaway Indiana Realty
Buyer's Agent
Joann Davis
F.C. Tucker Muncie, REALTORS
List Price
$57,900
Sold Price
$48,000
Premium/Discount to List
-$9,900
-17.1%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,925
Avg. Annual Appreciation
53.60%
Purchase Details
Closed on
Mar 11, 2020
Sold by
Tyo Llc
Bought by
T & Y Investments Llc
Purchase Details
Closed on
Feb 28, 2020
Sold by
Lancaster Rentals Llc
Bought by
Tyo Llc
Purchase Details
Closed on
Mar 12, 2012
Sold by
Lancaster Charles W and Charles W Lancaster Jr Family
Bought by
Lancaster Rentals Llc
Similar Home in Muncie, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $48,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $48,000 | -17.1% | $42 / Sq Ft |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | For Sale | $57,900 | -- | $51 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,000 | $44,100 | $6,800 | $37,300 |
| 2023 | $898 | $39,000 | $5,700 | $33,300 |
| 2022 | $808 | $34,500 | $5,700 | $28,800 |
| 2021 | $722 | $30,200 | $4,400 | $25,800 |
| 2020 | $478 | $18,000 | $3,100 | $14,900 |
| 2019 | $524 | $20,300 | $4,500 | $15,800 |
| 2018 | $532 | $20,700 | $5,000 | $15,700 |
| 2017 | $522 | $20,200 | $4,600 | $15,600 |
| 2016 | $518 | $26,000 | $4,400 | $21,600 |
| 2014 | $481 | $21,400 | $5,800 | $15,600 |
| 2013 | -- | $23,500 | $5,800 | $17,700 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie White
Seller's Agent in 2024
Melanie White
Berkshire Hathaway Indiana Realty
(765) 881-5451
2 in this area
45 Total Sales
-
Joann Davis
Buyer's Agent in 2024
Joann Davis
F.C. Tucker Muncie, REALTORS
(765) 748-1316
11 in this area
182 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202440456
APN: 18-11-21-115-010.000-003
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