NOT LISTED FOR SALE

1523 S Franklin St Muncie, IN 47302

South Central Neighborhood

Estimated Value: $58,000 - $108,000

0.1 Acre
$759,790 Price per Acre
4,340 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $2,500 $1 Per Sq Ft

Est. 2,939% increase in value since last sale

Current estimated payment $427/month

35 Days on Market

About This Lot

As of November 2023

Bank owned. Earnest money to be certified funds only. This property is eligible under the Freddie Mac 1st look program through 10-5-23.

Last Listed By

Rodney Rouch

Berkshire Hathaway Indiana Realty Listed on: 09/06/2023

Berkshire Hathaway Indiana Realty

Property Details

Property Type

  • Land

Year Built

  • 1890

Lot Details

  • 4,340 Sq Ft Lot
  • Lot Dimensions are 62x70
  • Finished Lot(s)

Parking

  • Driveway
  • On-Street Parking

Schools

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 18-11-16-477-018.000-003

Property Details

Property Type

Land

Year Built

1890

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: ALEX W ADD EX W 55 FT 0.0000ACRES STR: 162010 IN: 16 OUT:
  • Parcel Number ID: 18-11-16-477-018.000-003
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 86.21
  • Parcel Description: Level
  • Type of Sale: REO/Foreclosure
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: 1028
  • Year Built: 1890

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Street

Utilities

  • Water Utilities: Available
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Dimensions: 62X70
  • Estimated Lot Sq Ft: 4340
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 16

Tax Info

  • Annual Taxes: 108
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 25, 2023
Sold by
Federal Home Loan Mtg Corp
Bought by
Osborne Lenesia J
Seller's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
Buyer's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
List Price
$2,900
Sold Price
$2,500
Premium/Discount to List
-$400
-13.79%
Total Days on Market
35
Views
39
Current Estimated Value
$75,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,479
Avg. Annual Appreciation
1049.93%

Purchase Details

Closed on
Oct 12, 2022
Sold by
Sheriff Of Delaware County
Bought by
Federal Home Loan Mortgage Corporation

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
Osborne Lenesia J $2,500 None Listed On Document
Federal Home Loan Mortgage Corporation $23,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trosper Tommy Wayne $36,800
Previous Owner Trosper Tommy Wayne $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $2,500 -13.8% $1 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $2,900 -- $1 / 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 $63 $2,100 $2,100 $0
2023 $856 $37,400 $3,800 $33,600
2022 $108 $37,800 $3,800 $34,000
2021 $108 $26,300 $4,100 $22,200
2020 $108 $22,100 $3,600 $18,500
2019 $108 $22,100 $3,600 $18,500
2018 $108 $22,100 $3,600 $18,500
2017 $108 $20,100 $3,600 $16,500
2016 $108 $21,400 $4,000 $17,400
2014 $43 $21,500 $3,800 $17,700
2013 -- $20,500 $3,800 $16,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rodney Rouch

    Berkshire Hathaway Indiana Realty

    (765) 284-6313

    2 in this area

    107 Total Sales

    Rodney Rouch
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Map

Source: Indiana Regional MLS

MLS Number: 202332248

Indiana Regional MLS

APN: 18-11-16-477-018.000-003

Indiana Delaware County Muncie 47302 South Central

1523 S Franklin St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1523 S Franklin St, Muncie, IN 47302 since 06 September 2023 and is currently estimated at $75,979, approximately $30 per square foot. This property was built in 1890. 1523 S Franklin 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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