1811 W Main St Muncie, IN 47303
Riverside-Normal City Neighborhood
5
Beds
2
Baths
1,793
Sq Ft
4,356
Sq Ft Lot
Highlights
- Entrance Foyer
- 1-Story Property
- Central Air
- Tile Flooring
About This Home
As of June 2024This 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
NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 02/23/2024
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
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%
Total Days on Market
82
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,575
Avg. Annual Appreciation
-1.05%
Original Mortgage
$113,625
Outstanding Balance
$112,759
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$37,166
Purchase Details
Closed on
Nov 4, 2022
Sold by
Osborn John W
Bought by
Game Of Homes Llc
Similar Homes in Muncie, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $151,500 | None Listed On Document | |
| Warranty Deed | $151,500 | None Listed On Document | |
| Contract Of Sale | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,625 | New Conventional |
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
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
247 Total Sales
-
Christina Peters Cassell
Buyer's Agent in 2024
Christina Peters Cassell
Peter Khosla, Inc
(615) 638-5917
1 in this area
16 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202405780
APN: 18-11-08-490-003.000-003
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