$70,000
SOLD AUG 18, 2023
2 Beds
1 Bath
990 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

322 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Partially Wooded Lot
  • 1.5 Car Detached Garage
  • Double Pane Windows

About This Home

As of August 2023

This is a rare Lustron Home. 5 were built in Muncie. Lustron homes were designed to be affordable, maintenance-free housing. They were built between 1946-1949 (this one was built in 1949). Due to the World War, there were still restrictions on the use of steel, but one of the available uses for steel at the time was housing. The demand for affordable housing was huge after the war and the US Govt. gave Lustron a loan to build these homes. "Although the Lustron Corporation is a thing of the past, Lustron homes have lived up to their promise of being nearly maintenance-free. The paint was baked into the enamel tiles on the exterior walls and therefore never need to be repainted. The shingles were also made of steel and almost all Lustron homes that are still standing have their original roof (as does this home). Although comparatively small at 1,000 square feet, the architects took extreme measures in saving space. Book shelves were built into the walls, interior doors would roll into the walls, etc." This home is 990 SF, has 2 bedrooms, 1 full bath (with a standing shower), a covered back patio, and a 1.5 car detached cinder block garage. Much of the interior has been repainted with newer vinyl flooring. The refrigerator and range/oven is newer and the range is gas. It also has a newer exterior electrical panel. 2 new Habitat For Humanity homes are currently being built just North of this home on the same side of the street. No appliances are included. Immediate possession.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 08/31/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $217

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x129
  • Level Lot
  • Partially Wooded Lot
  • Historic Home
  • Property is zoned R-1 Residence Zone

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Double Pane Windows
  • Insulated Doors
  • Vinyl Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Gray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-15-355-026.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$217

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 74
  • Style: One Story
  • Architectural Style: Contemporary, Historic, Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: GRAY ADD 50FT AVE ADJ Lot # 28-29-30
  • Parcel Number ID: 18-11-15-355-026.000-003
  • Platted: Yes
  • Amenities: Built-In Bookcase, Cable Available, Countertops-Laminate, Eat-In Kitchen, Patio Covered, Range/Oven Hook Up Gas, Stand Up Shower, Main Floor Laundry, Custom Cabinetry
  • Cross Street: 9th St
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.14
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 990
  • Total Finished Sq Ft: 990
  • Above Grade Finished Sq Ft: 990
  • Price Per Sq Ft: 70.71
  • Basement Foundation: Slab
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Breakfast Room: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Main Level Sq Ft: 990
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 16x20
  • Garage Sq Ft: 320
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • 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, AT&T
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 12

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 50X129
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 217
  • Exemptions: Homestead, Mortgage

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
Oct 21, 2022
Closed on
Aug 15, 2023
Sold by
Spike Capital Solo 401K
Bought by
Shepherd Kiara
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Buckner
Dropped Members
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Views
345
Current Estimated Value
$75,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,995
Avg. Annual Appreciation
3.97%
Original Mortgage
$4,200
Interest Rate
3%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Reyes Luis F Corea
Bought by
Spike Capital Solo 401K

Purchase Details

Closed on
Aug 20, 2020
Sold by
Spike Capital Solo 401K
Bought by
Reyes Luis F Corea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Delaware County Commissioner
Bought by
Spike Capital Solo 401K

Purchase Details

Closed on
Apr 20, 2019
Sold by
Delaware County Auditor
Bought by
Delaware County Commissioners

Purchase Details

Closed on
Feb 20, 2010
Sold by
Brinson Richard and Brinson Angela
Bought by
Watkins Nancy
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Commissioners Deed $8,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $703 None Available
Contract Of Sale $12,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $4,200 No Value Available
Open $67,900 New Conventional
Previous Owner $49,000 New Conventional
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $70,000 0.0% $71 / Sq Ft
08/18/2023 08/18/23 Sold $70,000 +0.1% $71 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/19/2023 07/19/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $69,900 0.0% $71 / Sq Ft
07/05/2023 07/05/23 For Sale $69,900 0.0% $71 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $69,900 0.0% $71 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/24/2023 05/24/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $69,900 0.0% $71 / Sq Ft
05/22/2023 05/22/23 For Sale $69,900 0.0% $71 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/13/2023 05/13/23 Pending -- -- --
11/05/2022 11/05/22 Price Changed $69,900 0.0% $71 / Sq Ft
11/05/2022 11/05/22 Price Changed $69,900 -5.4% $71 / Sq Ft
10/21/2022 10/21/22 For Sale $73,900 0.0% $75 / Sq Ft
08/31/2022 08/31/22 For Sale $73,900 -- $75 / 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 $605 $49,700 $6,500 $43,200
2023 $377 $26,900 $5,400 $21,500
2022 $612 $25,200 $5,400 $19,800
2021 $220 $20,000 $3,600 $16,400
2020 $248 $22,400 $6,000 $16,400
2019 $108 $24,700 $6,000 $18,700
2018 $656 $24,700 $6,000 $18,700
2017 $265 $25,100 $6,500 $18,600
2016 $270 $25,100 $6,500 $18,600
2014 $230 $28,200 $7,300 $20,900
2013 -- $27,900 $7,300 $20,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202236387

Indiana Regional MLS

APN: 18-11-15-355-026.000-003