NOT LISTED FOR SALE

1525 N Locust St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $54,000 - $110,000

2 Beds
1 Bath
900 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $37,500 $42 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $621/month

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of July 2021

Cute 2 bedroom 1 bath ranch style home close to BSU & Hospital on a corner lot. This home has been a BSU rental for many years. This home features a large family room and kitchen includes stove and refrigerator. Due to this being an Estate Sale there is no Seller's Disclosure and the property is being sold "as is".

Last Listed By

Jim Mochal

Coldwell Banker Real Estate Group Listed on: 06/17/2021

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1919

Lot Details

  • 6,556 Sq Ft Lot
  • Lot Dimensions are 41x160
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-127-009.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1919
  • Age: 102
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Neely Add. N 41 2/3 Lot #1-2-3-4
  • Parcel Number ID: 18-11-09-127-009.000-003
  • Platted: Yes
  • Amenities: Cable Ready, Countertops-Laminate, Detector-Smoke, Stand Up Shower
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.24
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 41.67
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Family Room: Dimensions: 25x11, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 900

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 41x160
  • Estimated Lot Sq Ft: 6556
  • Estimated Lot Size Acres: 0.1505

Tax Info

  • Annual Taxes: 928

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
3 Brothers Campus Properties Llc
Bought by
Malchow Cary and Malchow Amy
Total Days on Market
0
Current Estimated Value
$88,592

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 27, 2021
Sold by
Wilhoit Trust
Bought by
3 Brothers Campus Properties Llc
Seller's Agent
Jim Mochal
Coldwell Banker Real Estate Group
Buyer's Agent
Jim Mochal
Coldwell Banker Real Estate Group
List Price
$42,500
Sold Price
$37,500
Premium/Discount to List
-$5,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
Jul 16, 2010
Sold by
Wilhoit Thomas S
Bought by
Wilhoit Thomas S

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

Purchase History

Date Buyer Sale Price Title Company
Malchow Cary $48,000 Wesley James R
3 Brothers Campus Properties Llc $37,500 None Available
Wilhoit Thomas S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $37,500 -11.8% $42 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $42,500 -- $47 / 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 $1,498 $68,500 $16,800 $51,700
2023 $2,011 $57,100 $14,000 $43,100
2022 $1,156 $51,900 $14,000 $37,900
2021 $1,066 $47,400 $12,700 $34,700
2020 $928 $40,500 $11,600 $28,900
2019 $912 $39,700 $11,600 $28,100
2018 $896 $38,900 $11,600 $27,300
2017 $900 $39,100 $11,600 $27,500
2016 $864 $37,300 $11,100 $26,200
2014 $897 $42,200 $10,600 $31,600
2013 -- $41,900 $10,600 $31,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Mochal

    Seller's Agent in 2021

    Jim Mochal

    Coldwell Banker Real Estate Group

    (765) 748-1005

    5 in this area

    90 Total Sales

    Jim Mochal
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202123231

Indiana Regional MLS

APN: 18-11-09-127-009.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1525 N Locust St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1525 N Locust St, Muncie, IN 47303 since 17 June 2021 and is currently estimated at $88,592, approximately $98 per square foot. This property was built in 1919. 1525 N Locust St is a home located in Delaware County with nearby schools including Muncie Central High School, West View Elementary School, and Northside 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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