NOT LISTED FOR SALE

1609 S Gharkey St Muncie, IN 47302

Thomas Park-Avondale Neighborhood

Estimated Value: $58,000 - $98,000

4 Beds
2 Baths
1,288 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $70,000 $54 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $541/month

924 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Carpet
  • Government Subsidized Program
  • Level Lot
  • 5-minute walk to Ross Community Center

About This Home

As of February 2020

Two units, off street parking each unit has new electric forced air furnace and central air. Interior has been stripped down to the wall studs and has new insulation, complete plumbing and electrical with separate electrical meters. All new interior finishes including kitchen cabinets, counter tops, appliances, bath fixtures, carpet and vinyl flooring. Exterior has new vinyl siding, insulated windows and doors, new dimensional shingles. Landlord pays water and sewer, tenant pays electric. Rents are program subsidized. These units have been updated for maintenance free, worry free ownership.

Last Listed By

Brad Taflinger

The Taflinger Real Estate Group Listed on: 07/03/2017

The Taflinger Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Doors

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Suburban Location
  • Government Subsidized Program

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, maintenance, sewer, water
  • Assessor Parcel Number 18-11-16-454-011.000-003

Community Details

Overview

  • $6 Other Monthly Fees
  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$473

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 130
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Winton Pl S 60 Ft 0.00 Acers STR: 162010 Lots 103-104 |
  • Parcel Number ID: 18-11-16-454-011.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.09
  • Government Subsidized: Yes
  • Monthly Gross Income: 1100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1288
  • Total Finished Sq Ft: 1288
  • Above Grade Finished Sq Ft: 1288
  • Price Per Sq Ft: 54.35
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Lot, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Energy Star A/C
  • Number Electric Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: Stormwater
  • Other Fees Dollar: 72
  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Southview
  • Middle School: Southside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x100
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Green Features

  • Energy Efficient: Doors, Electrical/Lighting, HVAC
  • Energy Efficient Windows/Doors: Energy Star Windows, Insulated Doors, Insulated Glass Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Feb 11, 2020
Sold by
Zachary Barry
Bought by
Black Elizabeth Ann and Graeser Kathryn
Seller's Agent
Brad Taflinger
The Taflinger Real Estate Group
Buyer's Agent
NEIAR NonMember
NonMember NEIAR
List Price
$67,900
Sold Price
$70,000
Premium/Discount to List
$2,100
3.09%
Total Days on Market
924
Current Estimated Value
$83,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,143
Avg. Annual Appreciation
3.38%
Original Mortgage
$68,732
Outstanding Balance
$61,630
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$21,767

Purchase Details

Closed on
Dec 18, 2001
Sold by
Keever Tedd L and Keever Jill Ellen
Bought by
Lambert Rentals And Properties

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Muncie, IN

  • 700 W 11th St, Muncie, IN 47302

    $89,000

    • 6 Beds
    • 3 Baths
    • 700 W 11th St
    • Muncie, IN

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
  • 1317 W Memorial Dr, Muncie, IN 47302

    $75,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 1317 W Memorial Dr
    • Muncie, IN

    Welcome to this charming single-story home located in Muncie, IN. This three-bedroom home offers ample garage space, perfect for parking out of the weather with space to spare. Step outside onto the large deck, ideal for entertaining or simply enjoying your morning coffee in serene privacy thanks to the surrounding fence. Currently leased, this property presents a fantastic opportunity for

    Joann Davis F.C. Tucker Muncie, REALTORS

    Section Image
  • 800 W Charles St, Muncie, IN 47305

    $89,000

    • 3 Beds
    • 2 Baths
    • 800 W Charles St
    • Muncie, IN

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
  • 802 W Charles St, Muncie, IN 47305

    $104,900

    • 3 Beds
    • 2 Baths
    • 802 W Charles St
    • Muncie, IN

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a quadplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 802-808 W Charles St, this 4 unit property

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
See All Homes in Muncie

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
Black Elizabeth Ann -- Ata National Title Group Of
Lambert Rentals And Properties -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Elizabeth Ann $68,732
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $70,000 +3.1% $54 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
07/03/2017 07/03/17 For Sale $67,900 -- $53 / 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 $963 $57,100 $4,900 $52,200
2023 $844 $48,900 $4,900 $44,000
2022 $776 $49,900 $4,900 $45,000
2021 $538 $35,000 $5,300 $29,700
2020 $315 $20,600 $4,600 $16,000
2019 $581 $23,600 $4,100 $19,500
2018 $581 $23,600 $4,100 $19,500
2017 $543 $21,700 $4,200 $17,500
2016 $569 $23,000 $4,600 $18,400
2014 $380 $16,800 $4,400 $12,400
2013 -- $16,100 $4,400 $11,700
Source: Public Records

Agents Affiliated with this Home

  • Brad Taflinger

    Seller's Agent in 2020

    Brad Taflinger

    The Taflinger Real Estate Group

    (765) 748-2104

    7 in this area

    398 Total Sales

    Brad Taflinger
    Section Image

  • N

    Buyer's Agent in 2020

    NEIAR NonMember

    NonMember NEIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201730246

Indiana Regional MLS

APN: 18-11-16-454-011.000-003

Indiana Delaware County Muncie 47302 Thomas Park-Avondale

1609 S Gharkey St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 1609 S Gharkey St, Muncie, IN 47302 since 03 July 2017 and is currently estimated at $83,143, approximately $64 per square foot. This property was built in 1890. 1609 S Gharkey 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.

Nearby Homes