$95,000
SOLD NOV 19, 2024
-- Bed
-- Bath
2,268 Sq Ft
9,450 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

21% Below List Price

45 Days on Market

About This Home

As of November 2024

This is your opportunity to cashflow and build equity in a three unit home. Live on the main level and rent out two units located in the upper level. Upper units have a separate entrance. Home operates on singular meters for each of the utilities. Each unit has an oven/range unit. Main level unit has two bedrooms and is over 1000 sqft with refrigerator, oven/range, dishwasher, microwave. Rent projections are based on past rental income but home is currently vacant. Home has had vinyl windows installed throughout for energy efficiency. Plenty of parking and a 2 car garage with large workshop area is included 2 porches, corner lot, 2 furnaces, located near a bike path and close to downtown Muncie.

Last Agent to Sell the Property

Chris Dell

Horizon Real Estate of Indiana Brokerage Email: dellsellsindy@gmail.com License #RB14031679 Listed on: 09/05/2024

Last Buyer's Agent

Collin Aber

Ferris Property Group License #RB22001431

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1894

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Craftsman Architecture
  • Brick Foundation

Additional Features

  • 2-Story Property
  • 9,450 Sq Ft Lot
  • Dual Heating Fuel
  • Unfinished Basement

Community Details

  • Hamilton Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 181115227025000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$980

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1894
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Hamilton
  • Transaction Type: Sale
  • Website: www.HorizonRE.com
  • Conversion: Yes
  • Price Unit: 31667
  • MBR_AttributionContact: dellsellsindy@gmail.com
  • Attribution Contact: dellsellsindy@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Wood
  • Direction Faces: North
  • Foundation Details: Brick
  • List Price: 109900
  • Road Access: See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Cooling: Central Electric
  • Heating: Dual
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 9450
  • Parcel Number: 181115227025000003
  • Acres: <1/4 Acre
  • Price Acre: 431818

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 980
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 19, 2024
Sold by
Cody Stamper Special Needs Trust and Bohm Megan
Bought by
Bowman Brandon
Seller's Agent
Chris Dell
Horizon Real Estate of Indiana
Buyer's Agent
Collin Aber
Ferris Property Group
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Views
46
Current Estimated Value
$98,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,681
Avg. Annual Appreciation
6.77%
Original Mortgage
$71,250
Outstanding Balance
$70,981
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$27,700

Purchase Details

Closed on
Feb 19, 2024
Sold by
Donald E Stamper Revocable Living Trust
Bought by
Cody Stamper Special Needs Trust

Purchase Details

Closed on
Nov 20, 2023
Sold by
Stamper Donald E
Bought by
Donald E Stamper Revocable Trust
Source: Public Records

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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $95,000 None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Closed $71,250 New Conventional
Previous Owner $32,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $95,000 -13.6% $42 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $109,900 -8.3% $48 / Sq Ft
09/05/2024 09/05/24 For Sale $119,900 -- $53 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,060 $59,300 $3,400 $55,900
2023 $981 $50,800 $3,400 $47,400
2022 $688 $40,300 $3,400 $36,900
2021 $628 $37,000 $3,500 $33,500
2020 $955 $55,200 $7,000 $48,200
2019 $851 $52,600 $7,000 $45,600
2018 $841 $52,600 $7,000 $45,600
2017 $837 $52,400 $7,000 $45,400
2016 $844 $52,500 $7,000 $45,500
2014 $766 $54,000 $13,400 $40,600
2013 -- $53,600 $13,400 $40,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22000428

MIBOR Broker Listing Cooperative®

APN: 18-11-15-227-025.000-003