NOT LISTED FOR SALE

2009 S Penn St Unit 2 Muncie, IN 47302

Southside Neighborhood

Estimated Value: $76,819 - $84,000

2 Beds
1 Bath
576 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $25,500 $44 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $504/month

17 Days on Market

Highlights

  • Laundry in Utility Room
  • Baseboard Heating
  • Wood Siding
  • Ceramic Tile Flooring
  • Level Lot
  • 1-Story Property

About This Home

As of September 2019

Two units. Front property has new flooring. Has laundry in kitchen and rents for $475 with the LANDLORD paying Water, Sewage and lawn care. The back unit rents for $375, but in currently not leased. 2009 ½ is being painted on the outside. LANDLORD pays for nothing at this property.

Last Agent to Sell the Property

Mark Kelly

Berkshire Hathaway Indiana Realty Listed on: 07/26/2019

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Lisa Buckner

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $526

Year Built

  • Built in 1900

Lot Details

  • 5,440 Sq Ft Lot
  • Lot Dimensions are 40x136
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

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

Additional Features

  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • Assessor Parcel Number 18-11-22-209-010.000-003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Property Details

Home Type

Apartment

Est. Annual Taxes

$526

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 119
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: G AND O SUB BLOCK 76 LOT 2
  • Parcel Number ID: 18-11-22-209-010.000-003
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.24
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 576
  • Total Finished Sq Ft: 576
  • Above Grade Finished Sq Ft: 576
  • Price Per Sq Ft: 44.27
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Main Level Sq Ft: 576
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Indiana American Water Co
  • Number Electric Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x136
  • Estimated Lot Sq Ft: 5440
  • Estimated Lot Size Acres: 0.1249
  • Lot Number: 2

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Sewer, Water

Tax Info

  • Total Assessed Value: 26300
  • Annual Property Tax: 526

Multi Family

  • Gross Monthly Rent: 850
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

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
Dec 17, 2021
Sold by
Johnson Jr Arthur P
Bought by
Arthur And Nicole Johnson Living Trust and Livi Nicole
Current Estimated Value
$79,705

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 5, 2019
Sold by
Double G Properties Llc
Bought by
Johnson Arthur P
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Lisa Buckner
RE/MAX Real Estate Groups
List Price
$28,900
Sold Price
$25,500
Premium/Discount to List
-$3,400
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%

Purchase Details

Closed on
Aug 13, 2015
Sold by
Laderman Marvin
Bought by
Double G Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4.09%
Mortgage Type
New Conventional

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
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
Arthur And Nicole Johnson Living Trust -- Frank & Krafts
Johnson Arthur P -- Frank & Kraft
Johnson Arthur P -- None Available
Double G Properties Llc -- --
Laderman Marvin -- Itic
Mutualbank $7,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Double G Properties Llc $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $25,500 -11.8% $44 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $28,900 -- $50 / 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 $974 $42,800 $4,900 $37,900
2023 $956 $41,900 $4,000 $37,900
2022 $884 $38,300 $4,000 $34,300
2021 $720 $30,100 $3,700 $26,400
2020 $602 $24,200 $3,700 $20,500
2019 $580 $23,100 $3,500 $19,600
2018 $644 $26,300 $3,700 $22,600
2017 $650 $26,600 $4,100 $22,500
2016 $636 $25,900 $4,100 $21,800
2014 $493 $22,000 $4,100 $17,900
2013 -- $21,500 $4,100 $17,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Kelly

    Seller's Agent in 2019

    Mark Kelly

    Berkshire Hathaway Indiana Realty

    (765) 744-7060

    7 in this area

    74 Total Sales

    Mark Kelly
    Section Image
  • Lisa Buckner

    Buyer's Agent in 2019

    Lisa Buckner

    RE/MAX

    (765) 215-9665

    19 in this area

    422 Total Sales

    Lisa Buckner
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201932473

Indiana Regional MLS

APN: 18-11-22-209-010.000-003

Indiana Delaware County Muncie 47302 Southside

2009 S Penn St Unit 2, Muncie, IN

This home is located at 2009 S Penn St Unit 2, Muncie, IN 47302 since 26 July 2019 and is currently estimated at $79,705, approximately $138 per square foot. This property was built in 1900. 2009 S Penn St Unit 2 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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