NOT LISTED FOR SALE

1509 N Mann Ave Muncie, IN 47304

Westwood Historic District Neighborhood

Estimated Value: $162,000 - $172,000

3 Beds
2.5 Baths
1,424 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $150,000 $105 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,117/month

50 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of August 2023

Don't pass on this investment property in a great location on Ball States campus. Three bedrooms and two and a half baths. Perfect space with two large living areas and an enclosed front porch. Private backyard area. Many updates including new roof in '21, new vinyl and bathroom vanity in '22, and new front door in '22. This home is currently leased through July, 2024 providing instant cash flow of $1,200 per month. Property manager currently in place.

Last Agent to Sell the Property

Michael Burke

Burke Realty Listed on: 05/17/2023

Burke Realty

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Sloped Lot
  • Property is zoned R-2 Residence Zone

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Westwood Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-08-203-005.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,190

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1951
  • Age: 72
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: WESTWOOD HGTS Lot # 21
  • Parcel Number ID: 18-11-08-203-005.000-003
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 96.77
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1424
  • Total Finished Sq Ft: 1424
  • Above Grade Finished Sq Ft: 1424
  • Price Per Sq Ft: 105.34
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 14x15, On Level: Main
  • Kitchen: Dimensions: 9x6, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Family Room: Dimensions: 18x13, On Level: Main
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Other Room1: Enclosed Porch, Dimensions: 11x7, On Level: Main
  • Main Level Sq Ft: 1424
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 11

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 60x140
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 2190
  • Total Assessed Value: 119200

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 11, 2023
Sold by
Peace Connection Llc
Bought by
Jt Investment Properties Llc
Seller's Agent
Michael Burke
Burke Realty
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Total Days on Market
50
Views
364
Current Estimated Value
$168,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,941
Avg. Annual Appreciation
5.77%
Original Mortgage
$106,125
Outstanding Balance
$103,810
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$65,131

Purchase Details

Closed on
Jan 3, 2023
Sold by
Sun Ji Yi and Sun Qing
Bought by
Peace Connection Llc

Purchase Details

Listed on
Apr 25, 2012
Closed on
May 18, 2012
Sold by
Boyer Paul C
Bought by
Sun Ji Yi and Zhang Qing
Seller's Agent
Linda Needham
Coldwell Banker Real Estate Group
Buyer's Agent
Linda Needham
Coldwell Banker Real Estate Group
List Price
$58,500
Sold Price
$51,500
Premium/Discount to List
-$7,000
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Source: Public Records

Range of Values:

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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
Jt Investment Properties Llc -- None Listed On Document
Peace Connection Llc -- None Listed On Document
Sun Ji Yi -- Itic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jt Investment Properties Llc $106,125
Previous Owner Boyer Paul C $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $150,000 -3.2% $105 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $155,000 -6.1% $109 / Sq Ft
05/17/2023 05/17/23 For Sale $165,000 +220.4% $116 / Sq Ft
05/18/2012 05/18/12 Sold $51,500 -12.0% $36 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $58,500 -- $41 / 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 $2,696 $128,900 $21,100 $107,800
2023 $2,502 $119,200 $21,100 $98,100
2022 $2,190 $103,600 $21,100 $82,500
2021 $1,946 $102,600 $18,600 $84,000
2020 $1,946 $91,400 $14,300 $77,100
2019 $1,830 $85,600 $14,300 $71,300
2018 $1,830 $85,600 $14,300 $71,300
2017 $1,656 $76,900 $13,000 $63,900
2016 $1,656 $76,900 $13,000 $63,900
2014 $1,445 $69,600 $12,400 $57,200
2013 -- $69,000 $12,400 $56,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Burke

    Burke Realty

    (765) 808-0832

    5 in this area

    146 Total Sales

    Michael Burke
    Section Image
  • Heather Clemmons

    Buyer's Agent in 2023

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    1 in this area

    489 Total Sales

    Heather Clemmons
    Section Image

  • L

    Seller's Agent in 2012

    Linda Needham

    Coldwell Banker Real Estate Group

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202316111

Indiana Regional MLS

APN: 18-11-08-203-005.000-003

Indiana Delaware County Muncie 47304 Westwood Historic District

1509 N Mann Ave, Muncie, IN

This home is located at 1509 N Mann Ave, Muncie, IN 47304 since 17 May 2023 and is currently estimated at $168,941, approximately $118 per square foot. This property was built in 1951. 1509 N Mann Ave 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.

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