NOT LISTED FOR SALE

Estimated Value: $118,000 - $148,000

3 Beds
3 Baths
864 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $130,000 $150 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $818/month

16 Days on Market

About This Home

As of June 2024

Charming triplex with cozy 1 bed, 1 bath units conveniently located near downtown Muncie. Two of the three units are already rented, providing immediate income. The third unit offers potential for updates, making it an ideal opportunity for new investors looking to enter the market.

Last Agent to Sell the Property

Marty Dulworth

RE/MAX Real Estate Solutions Brokerage Email: marty@martydulworth.com License #RB22002095 Listed on: 04/15/2024

RE/MAX Real Estate Solutions

Last Buyer's Agent

Tracie Harter

F.C. Tucker/Thompson

F.C. Tucker/Thompson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1930

Lot Details

  • 5,000

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex

Additional Features

  • 2-Story Property
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 12 / 36
  • Assessor Parcel Number 181117479001000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 43333
  • MBR_AttributionContact: marty@martydulworth.com
  • Attribution Contact: marty@martydulworth.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 150000
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt>20
  • Lot Size Sq Ft: 5000
  • Parcel Number: 181117479001000003
  • Acres: <1/4 Acre
  • Price Acre: 1083333

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 900
  • Tax Block: 36
  • Tax Lot: 12
  • Semi Annual Property Tax Amt: 450
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 3, 2024
Sold by
Mucke Christopher A
Bought by
Flagstone Properties Llc
Seller's Agent
Marty Dulworth
RE/MAX Real Estate Solutions
Buyer's Agent
Tracie Harter
F.C. Tucker/Thompson
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
49
Current Estimated Value
$134,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,377
Avg. Annual Appreciation
2.95%
Original Mortgage
$104,000
Outstanding Balance
$102,859
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$31,518

Purchase Details

Closed on
Sep 24, 2018
Sold by
Rivera Jose S
Bought by
Mucke Michele M

Purchase Details

Closed on
Aug 19, 2005
Sold by
Pence David R and Pence Jill E
Bought by
Rivera Jese S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flagstone Properties Llc $130,000 Absolute Title
Mucke Michele M -- None Available
Rivera Jese S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flagstone Properties Llc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $130,000 -13.3% $150 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $150,000 -- $174 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,026 $45,900 $6,800 $39,100
2023 $655 $38,200 $5,600 $32,600
2022 $749 $31,900 $5,600 $26,300
2021 $683 $28,600 $4,500 $24,100
2020 $657 $27,300 $2,200 $25,100
2019 $657 $27,300 $2,200 $25,100
2018 $717 $30,300 $2,500 $27,800
2017 $727 $30,800 $3,300 $27,500
2016 $769 $32,900 $3,700 $29,200
2014 $686 $32,000 $7,400 $24,600
2013 -- $31,800 $7,400 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21972266

MIBOR Broker Listing Cooperative®

APN: 18-11-17-479-001.000-003