NOT LISTED FOR SALE

1806 W Adams St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $156,000 - $185,000

6 Beds
4 Baths
2,240 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $141,500 $63 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,115/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Level Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of April 2022

This Duplex is close to BSU/BMH and has 3 Bedrooms and 2 Bathrooms Downstairs and 3 Bedrooms and 2 Bathrooms Upstairs. Both units have Refrigerator, Range, Dishwasher and Coin Operated Washer and Dryer (.75 Cents for Washer & .25 Cents for Dryer). There is a new vanity in both bathrooms. Living Room TV Stays with home. Roof is 2 years old and there is also a 1-Car Garage. Furnace DS is approximately 4 years old and the furnace upstairs is older, both Central Air Units are about 4 Years old. Current rent is $375.00 per room + $10 per month for Dog and landlord pays all utilities (Through July 2022). Seller has 3 properties in total for sale, 1800 W Charles and 315 S McKinley. (They are all within 1 block of each other).

Last Agent to Sell the Property

Kathy J Smith

NextHome Elite Real Estate Listed on: 02/08/2022

NextHome Elite Real Estate

Last Buyer's Agent

Michael Lambert

Leading Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1898

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Crawl Space
  • Laminate Countertops
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for cooling, electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 19-11-17-228-008.000-003

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,482
  • Fuel Expense $1,019
  • Water Sewer Expense $1,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,593

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1898
  • Age: 124
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Mock Addition
  • Parcel Number ID: 19-11-17-228-008.000-003
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 104.89
  • Monthly Gross Income: 2225
  • Year Taxes Payable: 1593.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Price Per Sq Ft: 63.17
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Main Level Sq Ft: 1120
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Electric: 2482
  • Annual Fuel Expense: 1019
  • Annual Water Sewer Expense: 1575
  • Number Of W D Hookups: 1

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6250
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 2225
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1593

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 1, 2022
Sold by
Clock Lawrence S and Clock Rebecca S
Bought by
Leading Home Sales & Rentals Corp
Seller's Agent
Kathy J Smith
NextHome Elite Real Estate
Buyer's Agent
Michael Lambert
Leading Home Realty
List Price
$134,900
Sold Price
$141,500
Premium/Discount to List
$6,600
4.89%
Current Estimated Value
$168,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,582
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,280,000
Outstanding Balance
$541,533
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$377,824
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
Leading Home Sales & Rentals Corp -- Wesley James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leading Home Sales & Rentals Corp $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $141,500 +4.9% $63 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $134,900 -- $60 / 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 $2,682 $128,700 $15,100 $113,600
2023 $2,271 $106,000 $12,600 $93,400
2022 $1,904 $88,100 $12,600 $75,500
2021 $1,850 $85,600 $13,200 $72,400
2020 $1,593 $73,000 $12,600 $60,400
2019 $1,593 $73,000 $12,600 $60,400
2018 $1,591 $72,900 $12,600 $60,300
2017 $1,593 $73,000 $13,200 $59,800
2016 $1,566 $71,700 $13,100 $58,600
2014 $1,523 $74,000 $12,400 $61,600
2013 -- $73,900 $12,400 $61,500
Source: Public Records

Agents Affiliated with this Home

  • Kathy J Smith

    Seller's Agent in 2022

    Kathy J Smith

    NextHome Elite Real Estate

    (765) 717-9910

    11 in this area

    222 Total Sales

    Kathy J Smith
    Section Image
  • Michael Lambert

    Buyer's Agent in 2022

    Michael Lambert

    Leading Home Realty

    (765) 717-4723

    10 in this area

    160 Total Sales

    Michael Lambert
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202203973

Indiana Regional MLS

APN: 18-11-17-228-008.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1806 W Adams St, Muncie, IN

This home is located at 1806 W Adams St, Muncie, IN 47303 since 08 February 2022 and is currently estimated at $168,082, approximately $75 per square foot. This property was built in 1898. 1806 W Adams St is a home located in Delaware County with nearby schools including West View Elementary School, Muncie Central High School, 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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