1701-1703 N Reserve St Muncie, IN 47303
Minnetrista NeighborhoodEstimated Value: $135,000 - $271,000
2
Beds
2
Baths
--
Sq Ft
0.37
Acres
About This Home
As of August 2022***Great Investment Opportunity*** This property currently for sale as one parcel that includes a large .37 acre lot with 2 seperate 5 Bedroom, 2 Bath Homes. Homes are mirror Images of one another and were both built in 1993. Each home has Kitchen and Laundry, 3 Bedrooms, and 1 Full Bath on the Main Floor & 2 Bedrooms, 1 Full Bath and a Bonus Room on the Second Floor. The homes share a common backyard area enclosed by a wooden fence which offers deck seating and recreation areas for each home as well as an above ground pool. There is ample off street parking in the front of the property. Cash, Institutional Loans, and 1031 Exchange offers are preferred. Lot could be plated and each home could be a separate parcel with very little work!
Last Agent to Sell the Property
James Bradley
Century 21 Bradley Realty Inc Listed on: 08/03/2022
Last Buyer's Agent
James Bradley
Century 21 Bradley Realty Inc Listed on: 08/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,988
Year Built
- Built in 1993
Lot Details
- 0.37
Home Design
- Contemporary Architecture
- Block Foundation
- Vinyl Siding
Additional Features
- 2-Story Property
- 0.37 Acre Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance, sewer, all utilities
- The owner pays for taxes
- Assessor Parcel Number 181104451026000003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2022
Closed on
Aug 30, 2022
Sold by
Phennix Holdings Llc
Bought by
Zvm Properties Llc
Seller's Agent
James Bradley
Century 21 Bradley Realty Inc
Buyer's Agent
James Bradley
Century 21 Bradley Realty Inc
List Price
$259,900
Sold Price
$222,500
Premium/Discount to List
-$37,400
-14.39%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,523
Avg. Annual Appreciation
-6.25%
Purchase Details
Closed on
Aug 31, 2018
Sold by
Lily Js Rentals Llc
Bought by
Phennix Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2017
Sold by
Gao Jie
Bought by
Lily Js Rentals Llc
Purchase Details
Listed on
Oct 14, 2015
Closed on
Jan 15, 2016
Sold by
Cook Brandie
Bought by
Gao Jie
Seller's Agent
Rickie Sipe
Property House, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$149,900
Sold Price
$143,500
Premium/Discount to List
-$6,400
-4.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Similar Homes in Muncie, IN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zvm Properties Llc | $222,500 | Fidelity National Title | |
| Phennix Holdings Llc | -- | None Available | |
| Lily Js Rentals Llc | -- | -- | |
| Gao Jie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phennix Holdings Llc | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $222,500 | -11.0% | -- |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 08/10/2022 08/10/22 | Price Changed | $249,900 | -3.8% | -- |
| 08/03/2022 08/03/22 | For Sale | $259,900 | +81.1% | -- |
| 01/15/2016 01/15/16 | Sold | $143,500 | -4.3% | -- |
| 10/14/2015 10/14/15 | For Sale | $149,900 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,238 | $155,600 | $23,000 | $132,600 |
| 2023 | $3,335 | $157,700 | $23,000 | $134,700 |
| 2022 | $3,211 | $154,100 | $23,000 | $131,100 |
| 2021 | $3,105 | $148,800 | $27,600 | $121,200 |
| 2020 | $2,734 | $130,300 | $27,600 | $102,700 |
| 2019 | $2,764 | $131,800 | $27,600 | $104,200 |
| 2018 | $2,730 | $130,100 | $27,600 | $102,500 |
| 2017 | $2,666 | $126,900 | $24,900 | $102,000 |
| 2016 | $2,493 | $118,300 | $21,300 | $97,000 |
| 2014 | $2,356 | $114,700 | $17,800 | $96,900 |
| 2013 | -- | $116,100 | $17,800 | $98,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
James Bradley
Century 21 Bradley Realty Inc
(260) 433-5000
1 in this area
52 Total Sales
-
Seller's Agent in 2016
Rickie Sipe
Property House, Inc.
(765) 744-2205
2 in this area
104 Total Sales
-
Non-BLC Member
N
Buyer's Agent in 2016
Non-BLC Member
MIBOR REALTOR® Association
(317) 956-1912
-
I
Buyer's Agent in 2016
IUO Non-BLC Member
Non-BLC Office
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21874434
APN: 18-11-04-451-026.000-003
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