NOT LISTED FOR SALE

1523 E Washington St Muncie, IN 47305

East Central Neighborhood

Estimated Value: $80,008 - $109,000

5 Beds
2 Baths
1,946 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $1,000 $1 Per Sq Ft

Est. 9,125% increase in value since last sale

Current estimated payment $562/month

86 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 4-minute walk to Hughes Nature Preserve
  • Forced Air Heating System

About This Home

As of December 2024

2 Unit Investment Downstairs unit is a 3 bedroom, rents for $900 per month, upstairs unit is a 2 bedroom, rents for $675 per month. Downstairs unit is remodeled with new kitchen, new flooring, new paint, gas furnace, upstairs unit new flooring, nice kitchen and bath.

Last Agent to Sell the Property

Jason Gates

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-289-2400 Listed on: 08/28/2024

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Emilee Gates

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1.5-Story Property
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Washington Academy Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for lawn maintenance, sewer, tax, water
  • Assessor Parcel Number 18-11-10-192-005.003-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Style: One and Half Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: T H K 1 ADD LOT 1 BLOCK 8
  • Parcel Number ID: 18-11-10-192-005.003-000
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 2702
  • Total Finished Sq Ft: 1946
  • Above Grade Finished Sq Ft: 1946
  • Below Grade Sq Ft: 756
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 756
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X125
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 775

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1

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
Aug 28, 2024
Closed on
Dec 4, 2024
Sold by
1523Ewashington Llc
Bought by
Cpabc Investments Llc
Seller's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Emilee Gates
F.C. Tucker Muncie, REALTORS
List Price
$134,900
Sold Price
$1,000
Premium/Discount to List
-$133,900
-99.26%
Views
59
Current Estimated Value
$92,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,252
Avg. Annual Appreciation
6249.36%

Purchase Details

Closed on
Dec 8, 2020
Sold by
Royal Blue Oak Properties Llc
Bought by
1523Ewashington Llc

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 14, 2020
Sold by
Blocher Holdings Llc
Bought by
Royal Blue Oak Properties Llc
Seller's Agent
Michael Dunn
MADUNN.COM
Buyer's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
List Price
$27,500
Sold Price
$20,000
Premium/Discount to List
-$7,500
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.25%

Purchase Details

Closed on
Dec 7, 2015
Sold by
Blocher Isaac M and Blocher Kristie A
Bought by
Blocher Holdings Llc

Purchase Details

Listed on
Jul 9, 2012
Closed on
Mar 17, 2014
Sold by
Favors Violet J
Bought by
Blocher Isaac M and Blocher Kristie A
Seller's Agent
Brenda Ragland
Property House
Buyer's Agent
Josie Blocher
Blocher Realty
List Price
$27,500
Sold Price
$10,000
Premium/Discount to List
-$17,500
-63.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cpabc Investments Llc -- None Listed On Document
Cpabc Investments Llc -- None Listed On Document
1523Ewashington Llc -- None Available
Royal Blue Oak Properties Llc -- None Available
Blocher Holdings Llc -- --
Blocher Isaac M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2024 12/04/24 Sold $1,000 -99.1% $1 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $109,900 -4.4% $56 / Sq Ft
10/05/2024 10/05/24 Price Changed $114,900 -14.8% $59 / Sq Ft
08/28/2024 08/28/24 For Sale $134,900 +574.5% $69 / Sq Ft
07/17/2020 07/17/20 Sold $20,000 -27.3% $10 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $27,500 +175.0% $14 / Sq Ft
03/19/2014 03/19/14 Sold $10,000 -63.6% $5 / Sq Ft View Prior Sale
02/20/2014 02/20/14 Pending -- -- --
07/09/2012 07/09/12 For Sale $27,500 -- $14 / 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 $962 $42,700 $2,600 $40,100
2023 $962 $42,700 $2,600 $40,100
2022 $784 $33,800 $2,600 $31,200
2021 $734 $31,300 $2,700 $28,600
2020 $1,032 $46,200 $5,400 $40,800
2019 $1,046 $46,900 $5,400 $41,500
2018 $1,046 $46,900 $5,400 $41,500
2017 $1,038 $46,500 $5,400 $41,100
2016 $1,038 $46,500 $5,400 $41,100
2014 $1,015 $48,600 $10,200 $38,400
2013 -- $48,100 $10,200 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Jason Gates

    Seller's Agent in 2024

    Jason Gates

    F.C. Tucker Muncie, REALTORS

    (765) 215-7515

    37 Total Sales

    Jason Gates
    Section Image

  • E

    Buyer's Agent in 2024

    Emilee Gates

    F.C. Tucker Muncie, REALTORS

    (765) 289-2400

    18 Total Sales

    Emilee Gates
    Section Image

  • M

    Seller's Agent in 2020

    Michael Dunn

    MADUNN.COM

    (765) 749-5342

    50 Total Sales

    Michael Dunn
    Section Image
  • Brenda Ragland

    Seller's Agent in 2014

    Brenda Ragland

    Property House

    (765) 759-5696

    20 Total Sales

    Brenda Ragland
    Section Image

  • J

    Buyer's Agent in 2014

    Josie Blocher

    Blocher Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202432964

Indiana Regional MLS

APN: 18-11-10-492-005.000-003

Indiana Delaware County Muncie 47305 East Central

1523 E Washington St, Muncie, IN

Not Listed for Sale

MultiFamily

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