NOT LISTED FOR SALE

1517 S Walnut St Muncie, IN 47302

South Central Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $136,000

322 Days on Market

About This Home

As of February 2022

Investment Opportunity - 11-unit Apartments and an office space. All on South Walnut Street in Muncie. 2- two story commercial buildings (1523- 2 units/ office and 1525- 3units). A two story 6-unit apartment building (1517-1519)and a parking lot (1513). Rents range $450-500 per unit. All utilities included. As the units become available upgrades have been made to the vacant unit. Most units still have Not been remodeled and do need some improvements. Most units have long term renters on month-to-month leases. Upgrades include perseller: 2 new water heaters, rubber roof over unit 2 and a complete upgrade in unit 3.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate, Inc. Listed on: 03/09/2021

Last Buyer's Agent

Jacqueline Alexander

Green Forest Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,292

Year Built

  • 1948

Lot Details

  • 6,534

Location

  • Property is near a bus stop

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,292

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Commercial Units - 5+
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: Corner of W 9th and S Walnut (1513 Lot, 1517, 1523, 1525 Buildings)
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry
  • Owner Pays: Electricity, Gas, Taxes, Sewer, All Utilities, Water

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Wood Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 18000

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Busline
  • Lot Number: 1
  • Lot Size: 6,670

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Rent Only

Tax Info

  • Semi Annual Property Tax Amt: 1646
  • Tax Exemption: None
  • Multiple Tax I D: see remarks
  • Tax Annual Amount: 3292
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 11

MLS Schools

  • School District: Muncie Community

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

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $136,000 -20.0% --
01/25/2022 01/25/22 Pending -- -- --
09/03/2021 09/03/21 For Sale -- -- --
08/17/2021 08/17/21 Pending -- -- --
06/29/2021 06/29/21 For Sale -- -- --
06/22/2021 06/22/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $169,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heather Clemmons

    Starr Real Estate, Inc.

    Section Image

  • J

    Buyer's Agent in 2022

    Jacqueline Alexander

    Green Forest Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21770393

MIBOR Broker Listing Cooperative®
Indiana Delaware County Muncie 47302 South Central

1517 S Walnut St, Muncie, IN

This home is located at 1517 S Walnut St, Muncie, IN 47302 since 09 March 2021. This property was built in 1948. 1517 S Walnut 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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