NOT LISTED FOR SALE

2007 W Washington St Muncie, IN 47303

Westside Neighborhood

Estimated Value: $95,000 - $121,997

3 Beds
1 Bath
1,049 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $110,000 $105 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $728/month

21 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Level Lot
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • Wood Siding

About This Home

As of May 2018

Two BSU rentals located 2 blocks south of student center. 2011 Washington is a 3 bedroom, 2007 Washington is a 2 bedroom. Both units are currently rented. 2007 Washington: lot size 50x132; sq. ft. 780; year built 1926.

Last Agent to Sell the Property

Monte Brown

Coldwell Banker Real Estate Group Listed on: 11/06/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Monte Brown

Coldwell Banker Real Estate Group Listed on: 11/06/2017

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Bungalow
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, snow removal, water, deposit value
  • The owner pays for lawn maintenance, maintenance, tax, trash collection
  • Assessor Parcel Number 18-11-08-484-004.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,289
  • Maintenance Expense $1,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,004

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1923
  • Age: 94
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 2011: Westside 0.00000 Ac. STR:082010 IN:585 OUT:; 2007: Westside Add 0.0000 Ac. STR: 082010 IN:586
  • Parcel Number ID: 18-11-08-484-004.000-003
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Countertops-Laminate, Detector-Smoke
  • Location: City/Town/Suburb
  • Parcel Id2: 181108484003000003
  • Sp Lp Percent: 91.74
  • Annual Miscellaneous: 272
  • Monthly Gross Income: 1250
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1349
  • Total Finished Sq Ft: 1049
  • Above Grade Finished Sq Ft: 1049
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 104.86
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl Tile
  • Main Level Sq Ft: 1049
  • Total Below Grade Sq Ft: 300
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1289
  • Annual Maintenance Expense: 1895

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Cable, Electric, Heating, Sewer, Snow Removal, Water, Deposit Value

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
May 22, 2018
Sold by
Gierhart Rentals Llc
Bought by
Furbee Properties Llc
Seller's Agent
Monte Brown
Coldwell Banker Real Estate Group
Buyer's Agent
Monte Brown
Coldwell Banker Real Estate Group
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$103,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,001
Avg. Annual Appreciation
1.02%
Original Mortgage
$82,500
Outstanding Balance
$71,940
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$46,490
Source: Public Records

Range of Values:

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Average Value
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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
Furbee Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furbee Properties Llc $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $110,000 -8.3% $105 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $119,900 -- $114 / 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 $1,996 $94,400 $16,600 $77,800
2023 $1,680 $78,600 $13,800 $64,800
2022 $1,620 $75,600 $13,800 $61,800
2021 $1,544 $71,800 $13,700 $58,100
2020 $1,086 $48,900 $12,400 $36,500
2019 $1,176 $53,400 $12,400 $41,000
2018 $1,130 $51,100 $12,400 $38,700
2017 $1,096 $49,400 $11,200 $38,200
2016 $1,050 $47,100 $10,700 $36,400
2014 $827 $39,200 $8,500 $30,700
2013 -- $37,300 $8,200 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201750609

Indiana Regional MLS

APN: 18-11-08-484-004.000-003