NOT LISTED FOR SALE

1701-1703 N Reserve St Muncie, IN 47303

Minnetrista Neighborhood

Estimated Value: $129,000 - $259,000

2 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold August 30, 2022

Last sale price $222,500

Est. 16% decrease in value since last sale

Current estimated payment $1,298/month

14 Days on Market

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

Century 21 Bradley Realty Inc

Last Buyer's Agent

James Bradley

Century 21 Bradley Realty Inc Listed on: 08/03/2022

Century 21 Bradley Realty Inc

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,988

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1993
  • Lot Size Acres: 0.37
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Other
  • Amenities: Swimming Pool

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 249900
  • Road Access: CityStreet
  • Roof: Asphalt Shingle

Garage/Parking

  • Unit Parking: Guest Parking,2 Car Space

Utilities

  • Solid Waste: 1
  • HVAC: Gas Forced/Central Air

Fee Information

  • Expenses: 250

Lot Info

  • Parcel Number: 181104451026000003
  • Zoning: R4
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Corner
  • Lot Number: 0
  • Lot Size: 160x100

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Sewer, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2988
  • Semi Annual Property Tax Amt: 1494
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community
  • Schools: Muncie Central High,North View Elementary,Northside Middle

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
$186,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,364
Avg. Annual Appreciation
-6.73%

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
2.47%
Source: Public Records

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
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

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 $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

  • J

    Seller's Agent in 2022

    James Bradley

    Century 21 Bradley Realty Inc

    Section Image

  • R

    Seller's Agent in 2016

    Rickie Sipe

    Property House, Inc.

    Section Image

  • N

    Buyer's Agent in 2016

    Non-BLC Member

    MIBOR REALTOR® Association

    Section Image

  • I

    Buyer's Agent in 2016

    IUO Non-BLC Member

    Non-BLC Office

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21874434

MIBOR Broker Listing Cooperative®

APN: 18-11-04-451-026.000-003

Indiana Delaware County Muncie 47303 Minnetrista

1701-1703 N Reserve St, Muncie, IN

This home is located at 1701-1703 N Reserve St, Muncie, IN 47303 since 03 August 2022 and is currently estimated at $181,280. This property was built in 1993. 1701-1703 N Reserve St is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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