NOT LISTED FOR SALE

2012 W Royerton Rd Muncie, IN 47303

Estimated Value: $219,000 - $366,000

8 Beds
4 Baths
3,915 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $170,000 $43 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,734/month

168 Days on Market

Highlights

  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Storm Windows
  • Royerton Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of November 2019

Super investment opportunity - 4 units - Delta Schools. (Two duplexes) two bedrooms in each unit. one duplex and garage have 2 year old metal roofs. All units rented @$660 a month. Separate 4 car garage (one car garage per unit). Maintenance & insurance are estimates.

Last Agent to Sell the Property

Brenda Ragland

Property House Listed on: 04/29/2019

Last Buyer's Agent

Michael Burke

Burke Realty

Burke Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1973

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 130x220
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Stone Exterior Construction
  • Cedar

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for sewer
  • Assessor Parcel Number 18-07-17-477-021.000-006

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Country Village Subdivision

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $1,100
  • Maintenance Expense $500
  • Trash Expense $400
  • Water Sewer Expense $1,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,204

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Country Village Tract 1
  • Parcel Number ID: 18-07-17-477-021.000-006
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Covered, Storm Windows, Trash Chutes, Water Heater Electric, Water Softener-Rented
  • Cross Street: Wheeling
  • Location: Rural Subdivision
  • Road Surface: Asphalt
  • County Zoning: F Farming Zone
  • Special Features: None

Interior Features

  • Total Sq Ft: 3915
  • Total Finished Sq Ft: 3915
  • Above Grade Finished Sq Ft: 3915
  • Basement Foundation: Slab
  • Flooring: Mixed
  • Main Level Sq Ft: 3882
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Cedar, Stone
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 10
  • Parking: Garage, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: Comcast, DirectTV, Dish Network
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 400
  • Annual Water Sewer Expense: 1172.28
  • Number Electric Meters: 4

Schools

  • Elementary School: Royerton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 130x220
  • Estimated Lot Sq Ft: 34848
  • Estimated Lot Size Acres: 0.8

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 3204.24

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Nov 27, 2019
Sold by
Shiva Real Estate Llc
Bought by
A & D Rental Properties Llc
Seller's Agent
Brenda Ragland
Property House
Buyer's Agent
Michael Burke
Burke Realty
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Current Estimated Value
$279,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,868
Avg. Annual Appreciation
8.62%
Original Mortgage
$136,000
Outstanding Balance
$106,566
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$173,302

Purchase Details

Closed on
Feb 4, 2011
Sold by
Tucker Roger S
Bought by
Shiva Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2010
Sold by
Tucker Roger S and Tucker Phyllis A
Bought by
Tucker Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A & D Rental Properties Llc -- None Available
Shiva Real Estate Llc -- Itic
Tucker Roger A -- Itic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & D Rental Properties Llc $136,000
Previous Owner Shiva Real Estate Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $170,000 -10.5% $43 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $190,000 0.0% $49 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $190,000 0.0% $49 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $190,000 -- $49 / 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 $3,143 $169,500 $24,100 $145,400
2023 $3,272 $174,100 $24,100 $150,000
2022 $3,243 $181,400 $24,100 $157,300
2021 $3,285 $167,100 $23,800 $143,300
2020 $3,410 $168,300 $23,800 $144,500
2019 $3,248 $168,300 $23,800 $144,500
2018 $3,204 $172,500 $23,800 $148,700
2017 $2,841 $153,900 $4,800 $149,100
2016 $2,761 $151,700 $4,800 $146,900
2014 $2,405 $147,500 $4,800 $142,700
2013 -- $145,600 $4,800 $140,800
Source: Public Records

Agents Affiliated with this Home

  • Brenda Ragland

    Seller's Agent in 2019

    Brenda Ragland

    Property House

    (765) 759-5696

    20 Total Sales

    Brenda Ragland
    Section Image
  • Michael Burke

    Buyer's Agent in 2019

    Michael Burke

    Burke Realty

    (765) 808-0832

    143 Total Sales

    Michael Burke
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201916666

Indiana Regional MLS

APN: 18-07-17-477-021.000-006

Indiana Delaware County Muncie 47303

2012 W Royerton Rd, Muncie, IN

Not Listed for Sale

MultiFamily

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