$20,350
SOLD MAY 15, 2020
3 Beds
3 Baths
1,160 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

22% Below List Price

167 Days on Market

Highlights

  • Covered patio or porch
  • Ceiling height of 9 feet or more
  • Wood Siding
  • Eat-In Kitchen
  • Forced Air Heating System
  • Carpet

About This Home

As of December 2024

Investment opportunity. This triplex has two downstairs units and one upstairs unit. Unit 1 is rented, the other units are vacant. Can be sold as a package with 801 W. Powers and/or 1425 W. 13th St.

Last Agent to Sell the Property

Alexa Bailey

F.C. Tucker Muncie, REALTORS Listed on: 11/13/2019

Last Buyer's Agent

Jason Gates

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 18-11-21-107-006.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1923
  • Age: 97
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: GRAY ADD S40FT N50FT 0.0000ACRES STR: 152010 IN: 91-92-93 OUT
  • Parcel Number ID: 18-11-21-107-006.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Electric
  • Sp Lp Percent: 78.27
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1856
  • Total Finished Sq Ft: 1160
  • Above Grade Finished Sq Ft: 1160
  • Below Grade Sq Ft: 696
  • Price Per Sq Ft: 17.54
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 696

Exterior Features

  • Exterior: Aluminum, Wood
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • 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: 0-2.9999
  • Lot Dimensions: 40X150
  • Estimated Lot Sq Ft: 5998
  • Estimated Lot Size Acres: 0.1377

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1024

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%
Views
60
Current Estimated Value
$96,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,142
Avg. Annual Appreciation
11.59%

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
34.71%
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 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

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Map

Source: Indiana Regional MLS

MLS Number: 201949852

Indiana Regional MLS

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