NOT LISTED FOR SALE

1925 W Jackson St Muncie, IN 47303

Westside Neighborhood

Estimated Value: $231,000 - $281,000

11 Beds
3 Baths
3,806 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $178,000 $47 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,772/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of September 2020

Location, Location, Location!! Now is your chance to purchase a great BSU area investment! 10+ bedrooms and 3+ baths. This property is fresh and clean with many updates, including replacement windows, 2 high efficiency furnaces, new gutters 2019, new water service line 2018, and more. This property features a large kitchen, dining room, first and second floor living rooms, and a utility area in the basement. The property is currently leased until Aug 2021, with 7 tenants at $325 per bedroom - $2,275 per month! Tenants pay utilities. Do not miss out - set up your showing today!!

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 06/29/2020

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Parking

  • 7 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 18-11-17-227-001.000-003

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,054

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Age: 110
  • Style: Two Story
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MC AND J 2 ADD Lot 6
  • Parcel Number ID: 18-11-17-227-001.000-003
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Covered
  • Inside City Limits: Yes
  • Sp Lp Percent: 94.18
  • Annual Miscellaneous: 2730
  • Monthly Gross Income: 2275
  • Year Taxes Payable: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4747
  • Total Finished Sq Ft: 3806
  • Above Grade Finished Sq Ft: 3806
  • Below Grade Sq Ft: 941
  • Price Per Sq Ft: 46.77
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1882
  • Total Below Grade Sq Ft: 941
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 7
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Muncie Sanitary Dist.
  • Annual Insurance Expense: 903
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 45x125
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 6

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 111200
  • Annual Property Tax: 2054

Multi Family

  • Gross Monthly Rent: 2275
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of Units Rented: 1

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
Jun 29, 2020
Closed on
Sep 3, 2020
Sold by
Luk Enterprises Llc
Bought by
Sexton Nikida K
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$189,000
Sold Price
$178,000
Premium/Discount to List
-$11,000
-5.82%
Current Estimated Value
$251,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,603
Avg. Annual Appreciation
7.54%
Original Mortgage
$142,400
Outstanding Balance
$127,797
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$126,931

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 2, 2020
Sold by
Hamco Properties Inc
Bought by
Luk Enterprises Llc
Seller's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.87%
Original Mortgage
$108,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Batco Llc
Bought by
Hamco Properties Inc

Purchase Details

Closed on
Jul 20, 2010
Sold by
Struewing Herman J and Struewing Sylvia J
Bought by
Batco Llc

Purchase Details

Closed on
Jan 4, 2010
Sold by
First Merchants Trust Company Na
Bought by
Struewing Herman J and Struewing Sylvia L
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
Sexton Nikida K -- None Available
Luk Enterprises Llc -- In Title
Hamco Properties Inc -- None Available
Batco Llc -- None Available
Struewing Herman J -- Itic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Nikida K $142,400
Previous Owner Luk Enterprises Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $178,000 -5.8% $47 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $189,000 +40.0% $50 / Sq Ft
03/02/2020 03/02/20 Sold $135,000 0.0% $35 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $135,000 -- $35 / 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 $4,816 $235,400 $12,400 $223,000
2023 $4,192 $204,200 $10,300 $193,900
2022 $3,452 $167,200 $10,300 $156,900
2021 $3,412 $165,200 $10,800 $154,400
2020 $2,332 $111,200 $10,300 $100,900
2019 $2,332 $111,200 $10,300 $100,900
2018 $2,054 $97,300 $10,300 $87,000
2017 $2,048 $97,000 $10,800 $86,200
2016 $2,012 $95,200 $10,700 $84,500
2014 $2,207 $108,200 $11,300 $96,900
2013 -- $108,100 $11,300 $96,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kramer

    Seller's Agent in 2020

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    6 in this area

    571 Total Sales

    Section Image
  • Rebekah Hanna

    Seller's Agent in 2020

    Rebekah Hanna

    RE/MAX

    (765) 760-4556

    5 in this area

    410 Total Sales

    Section Image
  • Diana Martin

    Buyer's Agent in 2020

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    10 in this area

    3,824 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202024875

Indiana Regional MLS

APN: 18-11-17-227-001.000-003

Indiana Delaware County Muncie 47303 Westside

1925 W Jackson St, Muncie, IN

This home is located at 1925 W Jackson St, Muncie, IN 47303 since 29 June 2020 and is currently estimated at $253,148, approximately $66 per square foot. This property was built in 1910. 1925 W Jackson 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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