NOT LISTED FOR SALE

Estimated Value: $64,000 - $137,000

2 Beds
1 Bath
1,162 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $48,900 $42 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $619/month

84 Days on Market

Highlights

  • Covered Patio or Porch
  • Bungalow
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Jacks Park

About This Home

As of July 2020

So much to offer at this price! Fantastic investment property here...3 total lots included- 204 Andover (vacant lot across the street) and adjacent lot to the East(Lot #185). 2+1, 1162 square feet with central air, large family room and spacious kitchen. Laundry is convenient with the utility just off of kitchen. Separate outbuilding on the property has a new roof & could be refinished to be an incredible 1 bedroom for additional income or guest house. Also included is the vacant lot across the street (204 Andover). This property could be sold as a package with 215 Andover and 3310 Jefferson (just around the corner). Property sold AS-IS...No repairs or credits, per seller. Tenant has recently signed a year lease (01/2020) at $550 per month. Excellent location near the new ALDI, Texas Roadhouse and shops/restaurants on McGalliard!

Last Buyer's Agent

Steve Slavin

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1948

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 125x121
  • Wood Fence
  • Level Lot

HOA Fees

  • $11 per month

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Northview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-07-34-355-026.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1948

Lot Details

0

HOA Fees

$11 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 130470-003 FAIRFAX
  • Parcel Number ID: 18-07-34-355-026.000-003
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Patio Covered
  • Cross Street: Walnut
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 0734355012000
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1162
  • Total Finished Sq Ft: 1162
  • Above Grade Finished Sq Ft: 1162
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 11x7, On Level: Main
  • Bedroom 2: Dimensions: 10x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 23x18
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 11
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Adjacent lot tax
  • Other Fees Dollar: 128

Schools

  • Elementary School: Northview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125x121
  • Estimated Lot Sq Ft: 15125
  • Estimated Lot Size Acres: 0.35
  • Lot Number: 186

Tax Info

  • Annual Taxes: 846

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 30, 2020
Sold by
Hickey Rory L and Hickey Jo Ellen
Bought by
Humphries Melanie A and Humphries Paul D
Buyer's Agent
Steve Slavin
Coldwell Banker Real Estate Group
List Price
$48,900
Sold Price
$48,900
Current Estimated Value
$98,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,750
Avg. Annual Appreciation
13.64%
Original Mortgage
$39,120
Outstanding Balance
$34,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$64,038

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 20, 2020
Sold by
Rakes William Paul
Bought by
Hickey Rory L and Hickey Jo Ellen
Buyer's Agent
Steve Slavin
Coldwell Banker Real Estate Group
List Price
$48,900
Sold Price
$48,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,120
Outstanding Balance
$34,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$64,038

Purchase Details

Closed on
Jul 30, 2012
Sold by
Rakes William Paul
Bought by
Rakes William Paul

Purchase Details

Closed on
Aug 3, 2005
Sold by
Rakes Bryron L and Rakes Elizabeth F
Bought by
Rakes Elizabeth F and The Elizabeth F Rakes Revocabl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Humphries Melanie A -- None Available
Hickey Rory L -- None Available
Rakes William Paul -- None Available
Rakes Elizabeth F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphries Melanie A $39,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $48,900 0.0% $42 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $48,900 -- $42 / 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 $1,150 $51,600 $8,200 $43,400
2023 $1,150 $51,600 $8,200 $43,400
2022 $1,190 $53,600 $8,200 $45,400
2021 $1,388 $63,500 $8,300 $55,200
2020 $1,238 $56,000 $8,300 $47,700
2019 $1,238 $56,000 $8,300 $47,700
2018 $964 $42,300 $8,300 $34,000
2017 $940 $41,100 $7,500 $33,600
2016 $908 $71,000 $7,500 $63,500
2014 $1,451 $69,900 $6,400 $63,500
2013 -- $69,200 $6,400 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005809

Indiana Regional MLS

APN: 18-07-34-355-026.000-003