NOT LISTED FOR SALE

1811 W Main St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $141,000 - $162,000

5 Beds
2 Baths
1,793 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $151,500 $84 Per Sq Ft

Current estimated payment $1,016/month

82 Days on Market

Highlights

  • Entrance Foyer
  • 1-Story Property
  • Central Air
  • Tile Flooring

About This Home

As of June 2024

This 5-bedroom, 2-bathroom single-family property could be your next investment. Convenience is a defining feature of this property, situated just a short walk from the village, which is set to undergo a major redevelopment by the summer of 2024. This property is unique in the fact that it is zoned R-5, which means that it can be converted to a multi-family home at the buyer's discretion. This property is currently rented at $1275 per month through July 2024 and at $1400 per month from August 2024 to July 2025. Don't let this incredible opportunity slip away.

Last Agent to Sell the Property

Austin Rich

NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 02/23/2024

NextHome Elite Real Estate

Last Buyer's Agent

Christina Peters Cassell

Peter Khosla, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34x125
  • Property is zoned R-5 Residence Zone, Buyer option to convert to multifamily

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Fire and Smoke Detector
  • Laminate Countertops
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 3 Bedrooms in Basement

Schools

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

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 18-11-08-490-003.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1928
  • Age: 96
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THOS MORGAN SUB EHLF OF LOT 4 & W11HLF FT LOT 3 BLK 15
  • Parcel Number ID: 18-11-08-490-003.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry
  • Improvmnts In Last5 Yrs: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 96.19
  • Zoning Description: Buyer option to convert to multifamily
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1923
  • Total Finished Sq Ft: 1793
  • Above Grade Finished Sq Ft: 1289
  • Below Grade Finished Sq Ft: 504
  • Below Grade Sq Ft: 130
  • Price Per Sq Ft: 117.53
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 16x11, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Den: Dimensions: 17x11, On Level: Basement
  • Extra Room: Foyer, Dimensions: 7x7, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Basement
  • Bedroom 4: Dimensions: 11x11, On Level: Basement
  • Bedroom 5: Dimensions: 11x8, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 634

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Basementx10, On Level: 13

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 34x125
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 2056

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 23, 2024
Closed on
Jun 5, 2024
Sold by
Game Of Homes Llc
Bought by
Nest Egg Holdings Llc
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Christina Peters Cassell
Peter Khosla, Inc
List Price
$164,900
Sold Price
$151,500
Premium/Discount to List
-$13,400
-8.13%
Views
169
Current Estimated Value
$151,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101
Avg. Annual Appreciation
0.05%
Original Mortgage
$113,625
Outstanding Balance
$112,359
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$39,242

Purchase Details

Closed on
Nov 4, 2022
Sold by
Osborn John W
Bought by
Game Of Homes Llc
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
Nest Egg Holdings Llc -- None Listed On Document
Game Of Homes Llc -- None Listed On Document
Game Of Homes Llc $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $151,500 -3.8% $84 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $157,500 -1.5% $88 / Sq Ft
04/03/2024 04/03/24 Price Changed $159,900 -3.0% $89 / Sq Ft
02/23/2024 02/23/24 For Sale $164,900 -- $92 / 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 $2,546 $121,900 $11,000 $110,900
2023 $2,140 $101,600 $9,200 $92,400
2022 $2,056 $97,400 $9,200 $88,200
2021 $1,944 $91,800 $9,100 $82,700
2020 $1,652 $77,200 $8,300 $68,900
2019 $1,652 $77,200 $8,300 $68,900
2018 $1,606 $74,900 $8,300 $66,600
2017 $1,566 $72,900 $7,400 $65,500
2016 $1,498 $69,500 $7,100 $62,400
2014 $1,215 $58,600 $5,600 $53,000
2013 -- $55,800 $5,500 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Austin Rich

    Seller's Agent in 2024

    Austin Rich

    NextHome Elite Real Estate

    (765) 749-4546

    10 in this area

    259 Total Sales

    Austin Rich
    Section Image
  • Christina Peters Cassell

    Buyer's Agent in 2024

    Christina Peters Cassell

    Peter Khosla, Inc

    (615) 638-5917

    1 in this area

    21 Total Sales

    Christina Peters Cassell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202405780

Indiana Regional MLS

APN: 18-11-08-490-003.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1811 W Main St, Muncie, IN

This home is located at 1811 W Main St, Muncie, IN 47303 since 23 February 2024 and is currently estimated at $151,601, approximately $84 per square foot. This property was built in 1928. 1811 W Main 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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