NOT LISTED FOR SALE

Estimated Value: $73,000 - $146,942

8 Beds
3 Baths
2,352 Sq Ft
$40/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $39,000 $17 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $628/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Level Lot
  • Ceiling Fan
  • Energy-Efficient Windows
  • Carpet

About This Home

As of June 2021

3 - units Front house 576 sqft 2 bd Back house 1776 sqft each unit 3 bd 1 parcel - monthly rent 1200

Last Agent to Sell the Property

Rodney Rouch

Berkshire Hathaway Indiana Realty Listed on: 05/01/2021

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Rodney Rouch

Berkshire Hathaway Indiana Realty Listed on: 05/01/2021

Berkshire Hathaway Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1925

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Home Design

  • Triplex
  • Asphalt Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 18-11-17-459-019.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1925
  • Age: 96
  • Style: Tri-Level
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: RUL CO 1st ADD IN 23
  • Parcel Number ID: 18-11-17-459-019.000-003
  • Platted: Yes
  • Amenities: Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 1200
  • Special Features: None

Interior Features

  • Total Sq Ft: 2352
  • Total Finished Sq Ft: 2352
  • Above Grade Finished Sq Ft: 2352
  • Price Per Sq Ft: 16.58
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Dirt, Gravel
  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: AEP/I&M
  • Hvac: Ceiling Fan
  • Number Of W D Hookups: 3

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Southside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 5001
  • Estimated Lot Size Acres: 0.1148

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Units: 3
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Caron Emily
Bought by
Champagne Properties 2 Llc
Total Days on Market
2
Current Estimated Value
$94,486

Purchase Details

Closed on
Oct 31, 2022
Sold by
Desert Denim Rentals Llc
Bought by
Radford Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 3, 2021
Sold by
Criswell Paul
Bought by
Desert Denim Rentals Llc
Seller's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
Buyer's Agent
Rodney Rouch
Berkshire Hathaway Indiana Realty
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%
Original Mortgage
$39,470
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Criswell Paul

Purchase Details

Closed on
Jun 30, 2006
Sold by
Montgomery Thomas and Montgomery Thomas H
Bought by
Deutsche Bank Trust Company Amkericas and Custodian For Meritage Moratgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bruner William J and Bruner Jeanne M
Bought by
Montgomery Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Champagne Properties 2 Llc $150,000 Fidelity National Title
Radford Emily $143,000 --
Desert Denim Rentals Llc -- None Available
Criswell Paul -- None Available
Deutsche Bank Trust Company Amkericas $35,700 None Available
Montgomery Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radford Emily $107,250
Previous Owner Desert Denim Rentals Llc $39,470
Previous Owner Montgomery Thomas $58,800
Previous Owner Montgomery Thomas $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $39,000 -9.1% $17 / Sq Ft
05/03/2021 05/03/21 Price Changed $42,900 +7.5% $18 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $39,900 -- $17 / 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 $1,178 $53,500 $6,800 $46,700
2023 $1,294 $44,500 $5,600 $38,900
2022 $850 $37,100 $5,600 $31,500
2021 $774 $33,300 $4,500 $28,800
2020 $678 $28,500 $4,500 $24,000
2019 $678 $28,500 $4,500 $24,000
2018 $742 $31,700 $5,000 $26,700
2017 $979 $33,000 $6,600 $26,400
2016 $818 $35,500 $7,400 $28,100
2014 $977 $46,700 $7,400 $39,300
2013 -- $46,300 $7,400 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202115361

Indiana Regional MLS

APN: 18-11-17-459-019.000-003