NOT LISTED FOR SALE

1516 W 16th St Muncie, IN 47302

Thomas Park-Avondale Neighborhood

Estimated Value: $37,000 - $57,936

3 Beds
1 Bath
1,149 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $33,500 $29 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $297/month

12 Days on Market

About This Home

As of March 2024

Great opportunity to buy this one story home located in Muncie, IN and sitting on a .315 acre lot (110x125) with a detached garage. The interior has 1149 sq. ft. with 3 bedrooms and 1 bathroom.

Last Listed By

Aaron Brailer

REALHOME Services and Solutions, Inc Brokerage Email: val.laborevitch@rhss.com Listed on: 02/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 110x125

Parking

  • 2 Car Detached Garage

Home Design

  • 1,149 Sq Ft Home
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Gas

Community Details

  • Chase Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-21-115-008.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: Detached
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: CHASE ADD W HLF 233 & VAC ALLEY 0.0000ACRES STR: 212010 IN: 231-232 OUT:
  • Parcel Number ID: 18-11-21-115-008.000-003
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: 1092

Interior Features

  • Total Sq Ft: 1149
  • Total Finished Sq Ft: 1149
  • Above Grade Finished Sq Ft: 1149
  • Price Per Sq Ft: 29.16
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 11x11
  • Garage Sq Ft: 121
  • Garage: Yes

Utilities

  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Dimensions: 110X125
  • Estimated Lot Sq Ft: 13750
  • Estimated Lot Size Acres: 0.3156

Tax Info

  • Annual Taxes: 724
  • Total Assessed Value: 35200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 7, 2024
Sold by
Jpmorgan Chase Bank Na and Us Bank Trust Na
Bought by
Tsr Property Llc
Seller's Agent
Aaron Brailer
REALHOME Services and Solutions, Inc
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$37,100
Sold Price
$33,500
Premium/Discount to List
-$3,600
-9.7%
Total Days on Market
12
Views
24
Current Estimated Value
$45,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,812
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jan 10, 2024
Sold by
Sheriff Of Delaware County
Bought by
Us Bank Trust Na and Muncie Sanitary District

Range of Values:

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Average Value
Not Available
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
Tsr Property Llc $33,500 None Listed On Document
Us Bank Trust Na $38,480 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pease Edward G $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $33,500 -9.7% $29 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $37,100 -- $32 / 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 $518 $40,000 $10,400 $29,600
2023 $500 $35,200 $8,700 $26,500
2022 $373 $31,600 $8,700 $22,900
2021 $330 $27,200 $6,700 $20,500
2020 $267 $22,700 $4,700 $18,000
2019 $286 $24,600 $6,600 $18,000
2018 $309 $27,400 $7,400 $20,000
2017 $277 $24,800 $6,800 $18,000
2016 $269 $23,700 $6,500 $17,200
2014 $249 $27,000 $7,600 $19,400
2013 -- $29,500 $7,600 $21,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aaron Brailer

    REALHOME Services and Solutions, Inc

    (888) 876-3372

    1 in this area

    653 Total Sales

    Aaron Brailer
    Section Image

  • R

    Buyer's Agent in 2024

    RACI NonMember

    NonMember RACI

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202404663

Indiana Regional MLS

APN: 18-11-21-115-008.000-003

Indiana Delaware County Muncie 47302 Thomas Park-Avondale

1516 W 16th St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1516 W 16th St, Muncie, IN 47302 since 14 February 2024 and is currently estimated at $45,312, approximately $39 per square foot. This property was built in 1900. 1516 W 16th 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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