$89,500
SOLD DEC 4, 2024
3 Beds
3 Baths
2,784 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

31% Below List Price

93 Days on Market

About This Home

As of December 2024

3 Unit investment, all units have been remolded with new kitchens, new flooring, some new windows, each unit has new gas furnace. 3 separate gas meter for the property. Total monthly rent is $1600.

Last Agent to Sell the Property

Jason Gates

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-289-2400 Listed on: 08/21/2024

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Emilee Gates

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for fuel
  • The owner pays for electric, sewer, tax, water, water softener
  • Assessor Parcel Number 18-11-15-358-014.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1923
  • Age: 101
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: GRAY ADD S40FT N50FT LOT 91-92-93
  • Parcel Number ID: 18-11-15-358-014.000-003
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 82.11
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 4872
  • Total Finished Sq Ft: 2784
  • Above Grade Finished Sq Ft: 2088
  • Below Grade Finished Sq Ft: 696
  • Below Grade Sq Ft: 2088
  • Price Per Sq Ft: 42.86
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 2784

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X150
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Sewer, Tax, Water, Water Softener
  • Tenant Pays: Fuel

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1140

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
Aug 21, 2024
Closed on
Dec 4, 2024
Sold by
1718Selm Llc
Bought by
Pira Llc
Seller's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Emilee Gates
F.C. Tucker Muncie, REALTORS
List Price
$129,000
Sold Price
$89,500
Premium/Discount to List
-$39,500
-30.62%
Total Days on Market
93
Views
60
Current Estimated Value
$94,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,452
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Dec 8, 2020
Sold by
Royal Blue Oak Properties Llc
Bought by
1718Selm Llc

Purchase Details

Listed on
Nov 13, 2019
Closed on
May 15, 2020
Sold by
Parker Tom C and Parker Tammy J
Bought by
Royal Blue Oak Properties Llc
Seller's Agent
Alexa Bailey
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
List Price
$26,000
Sold Price
$20,350
Premium/Discount to List
-$5,650
-21.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.42%
Source: Public Records

Similar Home in Muncie, IN

  • 621 E Main St, Muncie, IN 47305

    $110,000

    • 2 Beds
    • 2 Baths
    • 621 E Main St
    • Muncie, IN

    2 SEPARATE INVESTMENT PROPERTIES ON 1 PARCEL. 6 RENTAL UNITS TOTAL. 621 E. MAIN and 111 S VINE. One unit is almost completely renovated with a new bathroom, kitchen and vinyl plank flooring. The remaining 5 units will need finished. Located on a nice corner lot, near downtown Muncie and the Historic District, this property is also zoned commercial and mixed use, so there are lots of

    Joann Davis F.C.Tucker Muncie, REALTORS®

    Section Image

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

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 $89,500 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $166,927 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $89,500 -17.9% $32 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $109,000 -15.5% $39 / Sq Ft
08/29/2024 08/29/24 For Sale $129,000 0.0% $46 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $129,000 +533.9% $46 / Sq Ft
05/15/2020 05/15/20 Sold $20,350 -21.7% $18 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $26,000 -- $22 / 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 $1,258 $57,500 $5,600 $51,900
2023 $1,140 $51,600 $4,600 $47,000
2022 $1,064 $47,800 $4,600 $43,200
2021 $892 $39,200 $3,100 $36,100
2020 $932 $41,200 $5,100 $36,100
2019 $1,028 $46,000 $5,100 $40,900
2018 $1,024 $45,800 $5,100 $40,700
2017 $1,030 $46,100 $5,600 $40,500
2016 $1,030 $46,100 $5,600 $40,500
2014 $821 $38,900 $7,000 $31,900
2013 -- $38,600 $7,000 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202432157

Indiana Regional MLS

APN: 18-11-15-358-014.000-003