$18,500
SOLD JUL 13, 2015

2007 S Penn St Muncie, IN 47302

Southside Neighborhood
6 Beds
4 Baths
2,270 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

30% Below List Price

82 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • 1-Story Property
  • Corner Lot

About This Home

As of September 2019

Investment opportunity- 2007 S Penn, 1217 E 13th Duplex 1 bedroom 1 bath units, approximate total Sq Ft 1092 each side rents for $375 monthly. 1215 E 13th 4 bdrm 2 bath home approx. total Sq Ft 1178 rents for $675 monthly. Tenants pay all utilities. 2007 Penn pays electric and gas. 1217 E 13th pays electric. Owner pays water and sewage.

Last Agent to Sell the Property

Joann Davis

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Daniel Norton

CPC Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 136x40
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

  • Grissom Elementary School
  • Southside Middle School
  • Central High School

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 18-11-22-209-009.000-003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 3 Separate Water Meters
  • Water Sewer Expense $700

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 115
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: G & O Sub 0.0000 acres STR: 222010 IN: 1 Ou |
  • Parcel Number ID: 18-11-22-209-009.000-003
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 74.3
  • Monthly Gross Income: 1425
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2606
  • Total Finished Sq Ft: 2270
  • Above Grade Finished Sq Ft: 2270
  • Below Grade Sq Ft: 336
  • Price Per Sq Ft: 8.15
  • Basement Foundation: Crawl, Partially Finished
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 336
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 700
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Grissom
  • Middle School: Southside
  • High School: Central
  • Elementary School: Grissom

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 136x40
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 33100
  • Annual Property Tax: 715.2

Multi Family

  • Gross Monthly Rent: 1425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 3

MLS Schools

  • High School: Central
  • Middle School: Southside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Laurence Ottoson
Bought by
Otto & Sons Llc
Total Days on Market
82
Current Estimated Value
$105,597

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 5, 2019
Sold by
Kbet Properties Llc
Bought by
Ottoson Laurence
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Daniel Norton
CPC Real Estate, LLC
List Price
$39,900
Sold Price
$38,400
Premium/Discount to List
-$1,500
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jul 13, 2015
Sold by
Lademan Marvin
Bought by
Kbet Properties Llc
Seller's Agent
Joann Davis
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Daniel Norton
CPC Real Estate, LLC
List Price
$26,500
Sold Price
$18,500
Premium/Discount to List
-$8,000
-30.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%

Purchase Details

Closed on
Mar 17, 2011
Sold by
Mutualbank
Bought by
Laderman Marvin

Purchase Details

Closed on
Sep 15, 2010
Sold by
Winningham Jesse R and Winningham June R
Bought by
Mutualbank

Map

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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- Itic
Sheriffs Deed $23,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $38,400 -3.8% $20 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $39,900 +115.7% $21 / Sq Ft
07/13/2015 07/13/15 Sold $18,500 -30.2% $8 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $26,500 -- $12 / Sq Ft
Source: Indiana Regional MLS

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 $1,592 $73,700 $5,700 $68,000
2023 $1,574 $72,800 $4,800 $68,000
2022 $1,442 $66,200 $4,800 $61,400
2021 $1,150 $51,600 $4,400 $47,200
2020 $3,542 $45,200 $4,400 $40,800
2019 $978 $43,000 $4,200 $38,800
2018 $1,066 $47,400 $4,400 $43,000
2017 $3,582 $47,200 $4,800 $42,400
2016 $1,038 $46,000 $4,800 $41,200
2014 $715 $33,100 $4,800 $28,300
2013 -- $32,400 $4,800 $27,600
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 201511119

Indiana Regional MLS

APN: 18-11-22-209-009.000-003

Indiana Delaware County Muncie 47302 Southside

2007 S Penn St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 2007 S Penn St, Muncie, IN 47302 and is currently priced at $18,500, approximately $8 per square foot. This property was built in 1900. 2007 S Penn 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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