NOT LISTED FOR SALE

1707 S Elm St Unit Muncie Muncie, IN 47302

South Central Neighborhood

Estimated Value: $50,000 - $116,000

4 Beds
2 Baths
2,296 Sq Ft
$36/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $40,000 $17 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $591/month

35 Days on Market

About This Home

As of November 2022

Great duplex opportunity! This property features 3 bedrooms/1 bath downstairs and 2 bedrooms/1 bath upstairs. It has separated electric meters, a spacious front porch, and possible parking in the back. This property has tons of potential and would be an amazing addition to any portfolio.

Last Listed By

Heather Clemmons

Starr Real Estate License #RB14039183 Listed on: 10/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x127

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,296 Sq Ft Home
  • 2.5-Story Property

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1890

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1707 S Elm St
  • Second Address Number: 1707
  • Estimated Year Built: 1890
  • Geo Address Line: 1707 S Elm St
  • Geo Longitude: -85.383242
  • Geo Primary City: Muncie
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2.5
  • Number Three Bed Units: 1
  • Number Two Bed Units: 1
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Total Number Rooms: 9
  • Has Basement: Yes, Partial Basement
  • Price Per S Q F T: 17.42
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Crawl, Basement
  • Porch/Deck Type: Covered
  • Roof Type: Shingle

Utilities

  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2022-10-05
  • Estimated Number Acres: 0.15
  • Land Contract: No
  • Lot Size: 50x127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 8, 2022
Sold by
Napa Realty Llc
Bought by
New Age Homes Llc
Seller's Agent
Heather Clemmons
Starr Real Estate
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Total Days on Market
35
Current Estimated Value
$83,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,166
Avg. Annual Appreciation
36.21%

Purchase Details

Closed on
Jan 18, 2017
Sold by
Delaware County Tax Deed Clerk
Bought by
Napa Realty Llc

Purchase Details

Closed on
May 23, 2006
Sold by
Bruner William J and Bruner Jeanne M
Bought by
Harris Thomas A and Harris Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,985
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

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
New Age Homes Llc -- --
Napa Realty Llc $6,001 --
Harris Thomas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Thomas A $50,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $40,000 -17.5% $17 / Sq Ft
10/17/2022 10/17/22 Price Changed $48,500 -2.8% $21 / Sq Ft
10/05/2022 10/05/22 For Sale $49,900 -- $22 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,562 $72,700 $6,400 $66,300
2023 $1,505 $57,800 $5,400 $52,400
2022 $1,178 $53,500 $5,400 $48,100
2021 $980 $43,600 $3,500 $40,100
2020 $1,028 $46,000 $5,900 $40,100
2019 $1,082 $48,700 $5,900 $42,800
2018 $1,080 $48,600 $5,900 $42,700
2017 $1,088 $49,000 $6,500 $42,500
2016 $1,088 $49,000 $6,500 $42,500
2014 $1,215 $58,600 $7,300 $51,300
2013 -- $58,100 $7,300 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10045013

APN: 18-11-15-357-024.000-003