NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date 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 bus stop

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,292

Year Built

1948

Lot Details

6,534 Sq Ft Lot

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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Bought by

Purchase Details

Listed on
Mar 9, 2021
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Heather Clemmons
Starr Real Estate, Inc.
Buyer's Agent
Jacqueline Alexander
Green Forest Realty
Sold Price
$136,000

Purchase Details

Closed on
Feb 6, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
0.036%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $337,500
Previous Owner $92,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,468 $68,000 $5,900 $62,100
2024 $1,408 $65,000 $5,900 $59,100
2023 $864 $37,800 $5,400 $32,400
2022 $872 $38,200 $5,400 $32,800
2021 $824 $35,800 $5,400 $30,400
2020 $824 $35,800 $5,400 $30,400
2019 $824 $35,800 $5,400 $30,400
2018 $854 $37,300 $5,400 $31,900
2017 $846 $36,900 $5,400 $31,500
2016 $846 $36,900 $5,400 $31,500
2014 $757 $34,800 $5,400 $29,400
2013 -- $33,100 $5,400 $27,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21770393

MIBOR Broker Listing Cooperative®
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