NOT LISTED FOR SALE

Estimated Value: $80,000 - $101,000

3 Beds
1 Bath
1,024 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $80,000 $78 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $566/month

22 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Attic Fan
  • Partially Fenced Property

About This Home

As of October 2023

This is a Single Family Home with 3 BR 1 BA features a large parking area off the alley, has a newer A/C unit, water heater and furnace. Laundry in the basement. Currently being used as a rental-This home gives you $950 per month rents paid 100% by SECTION 8, as soon as you purchase it. Tenants with lease through 7/31/2024. *This Seller has other properties for sale: 202325958, 202325946, 202325934 & 202325918

Last Agent to Sell the Property

Mark Kelly

Berkshire Hathaway Indiana Realty Brokerage Phone: 765-744-7060 Listed on: 07/23/2023

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1926

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Partially Fenced Property
  • Wood Fence
  • Sloped Lot

HOA Fees

  • $5 per month

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Attic Fan

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, heating, water
  • The owner pays for tax
  • Assessor Parcel Number 18-11-17-482-007.000-003

Community Details

Overview

  • $5 Other Monthly Fees

Pet Policy

  • Pet Restriction

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,182

Year Built

Built in 1926

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: INVESTMENT
  • Year Built: 1926
  • Age: 97
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: R AND U L CO 1 ADD BLK 24 LOT 6
  • Parcel Number ID: 18-11-17-482-007.000-003
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2048
  • Total Finished Sq Ft: 1024
  • Above Grade Finished Sq Ft: 1024
  • Below Grade Sq Ft: 1024
  • Price Per Sq Ft: 78.13
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Wood
  • Main Level Sq Ft: 1024
  • Total Below Grade Sq Ft: 1024
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Fence: Partial, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Parking: Off Street, Street

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: STORM
  • Other Fees Dollar: 54
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 40X125
  • Estimated Lot Sq Ft: 5000
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 6

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

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
Jul 23, 2023
Closed on
Oct 10, 2023
Sold by
East Wing Property Group Llc
Bought by
Randolph Bryce
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$89,988
Sold Price
$80,000
Premium/Discount to List
-$9,988
-11.1%
Views
37
Current Estimated Value
$87,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,573
Avg. Annual Appreciation
4.75%
Original Mortgage
$66,400
Outstanding Balance
$65,169
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$22,404

Purchase Details

Closed on
Sep 3, 2021
Sold by
Shoestring Group Inc
Bought by
East Wing Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Fannie Mae
Bought by
Shoestring Group Inc

Purchase Details

Closed on
Sep 15, 2010
Sold by
Bennett Carrie J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2007
Sold by
Wells Fargo Bank Co
Bought by
Wells Fargo Bank Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Randolph Bryce -- None Listed On Document
East Wing Property Group Llc -- None Available
Shoestring Group Inc -- None Available
Federal National Mortgage Association $52,249 None Available
Wells Fargo Bank Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Bryce $66,400
Previous Owner East Wing Property Group Llc $93,750
Previous Owner Wells Fargo Bank Co $52,500
Previous Owner Smith Shannon $50,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $80,000 -9.1% $78 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $87,999 -2.2% $86 / Sq Ft
07/23/2023 07/23/23 For Sale $89,988 -- $88 / 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 $1,182 $53,700 $6,800 $46,900
2023 $1,002 $44,700 $5,600 $39,100
2022 $1,076 $37,200 $5,600 $31,600
2021 $776 $33,400 $4,500 $28,900
2020 $680 $28,600 $4,500 $24,100
2019 $680 $28,600 $4,500 $24,100
2018 $744 $31,800 $5,000 $26,800
2017 $1,315 $32,800 $6,600 $26,200
2016 $812 $35,200 $7,400 $27,800
2014 $733 $34,500 $7,400 $27,100
2013 -- $34,300 $7,400 $26,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202325913

Indiana Regional MLS

APN: 18-11-17-482-007.000-003