NOT LISTED FOR SALE

1905 E 16th St Muncie, IN 47302

Southside Neighborhood

Estimated Value: $81,000 - $109,003

2 Beds
1 Bath
1,120 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $12,000 $11 Per Sq Ft

Est. 690% increase in value since last sale

Current estimated payment $556/month

7 Days on Market

Highlights

  • 0.48 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • 5-minute walk to Ball Corp Park

About This Home

As of January 2013

(REO) Property to be sold as is condition. Proof of funds or pre approval letter required with acceptance. Earnest money to be certified funds. 1st look initiative applies for the first 15 days of listing period for owner occupant buyers. This property is eligible under Freddie Mac 1st look initiative through 12-13-12. Please visit www.homesteps.com for current incentives and additional info. Home steps winter sales promotion selling agent bonus of $1000 on owner occupant offers submitted between 11-15-12 and 2-28-13 with escrow closed on or before 4-15-13. No coupon required. Home buyer incentive seller to credit buyer at closing up to $500 towards a home warranty for owner occupants.

Last Agent to Sell the Property

Rodney Rouch

Berkshire Hathaway Indiana Realty Listed on: 11/28/2012

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Rodney Rouch

Berkshire Hathaway Indiana Realty Listed on: 11/28/2012

Berkshire Hathaway Indiana Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 130x160
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1123151012000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 104
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Walls 1 Eureka In 56-57
  • Parcel Number ID: 1123151012000
  • Platted: Yes
  • Amenities: Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 1120
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 1120
  • Price Per Sq Ft: 10.71
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 19x12, On Level: Main
  • Dining Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Unknown
  • Water Utilities: Unknown
  • Electric Company: AEP/I&M
  • Laundry: Dimensions: 12xMain, On Level: 9

Schools

  • Elementary School: Grissom
  • Middle School: Wilson
  • High School: Southside (Closed)

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 130x160
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48

Tax Info

  • Annual Taxes: 557.3
  • Total Assessed Value: 52300
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Jan 14, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rabenstein Kevin A and Murphy Lora L
Seller's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
Buyer's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
List Price
$14,900
Sold Price
$12,000
Premium/Discount to List
-$2,900
-19.46%
Current Estimated Value
$94,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,751
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Sep 12, 2012
Sold by
Walling Rick and Muncie Dist & Equable Ascent
Bought by
Federal Home Loan Mortgage Corporation
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
Rabenstein Kevin A -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $19,200 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2013 01/14/13 Sold $12,000 -19.5% $11 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $14,900 -- $13 / 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 $666 $54,600 $9,500 $45,100
2023 $836 $54,600 $9,500 $45,100
2022 $701 $44,700 $9,500 $35,200
2021 $657 $43,500 $15,500 $28,000
2020 $742 $50,000 $15,500 $34,500
2019 $742 $50,000 $15,500 $34,500
2018 $742 $50,000 $15,500 $34,500
2017 $752 $51,200 $17,100 $34,100
2016 $750 $50,200 $17,100 $33,100
2014 $607 $42,600 $16,300 $26,300
2013 -- $42,300 $16,300 $26,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rodney Rouch

    Berkshire Hathaway Indiana Realty

    (765) 284-6313

    22 in this area

    101 Total Sales

    Rodney Rouch
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Map

Source: Indiana Regional MLS

MLS Number: 20027064

Indiana Regional MLS

APN: 18-11-23-151-012.000-003

Indiana Delaware County Muncie 47302 Southside

1905 E 16th St, Muncie, IN

This home is located at 1905 E 16th St, Muncie, IN 47302 since 28 November 2012 and is currently estimated at $94,751, approximately $84 per square foot. This property was built in 1910. 1905 E 16th St is a home located in Delaware County with nearby schools including Grissom Memorial Elementary School, Muncie Central High School, and Southside 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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