Seller's Agent in 2024
Steve Slavin
Coldwell Banker Real Estate Group
(317) 701-5006
2 in this area
447 Total Sales
204 S Walnut St Muncie, IN 47305
Downtown Muncie NeighborhoodEstimated Value: $512,166
2
Beds
2
Baths
1,992
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- City View
- Vaulted Ceiling
- No HOA
- Deck
- Traditional Architecture
- 3-minute walk to Delaware County Plaza Green & Veterans Memorial
About This Home
As of March 2024Located in the heart of the Walnut Street Historic District this unique property offers living quarters above a commercial tenant space. Note: The upper floor residential unit could be bought separate from the commercial first floor. The residential unit above could be purchased separately, but it's preferred the entire building be sold as one. The commercial space has been leased to a successful restaurant for over 10 years. Income from the commercial space is $2,000 per month with lease running to December 2025. Property was purchased and gutted in 2009, roof replaced in 2017. Exterior Paint in 2023. This property was done right with quality remodeling and good maintenance. Live upstairs and collect the commercial income or purchase as an investment with commercial and residential income! The living quarters consist of an main floor entry area, a heated garage with 12 ft ceiling and 10ft high garage door that has with water on the ground level; large living room/kitchen combo, 2 bedroom (main floor and upper), 2 bathrooms,main floor laundry, walk-in closets, incredible skylight, and outdoor patio on level 2. The main living area has 11ft ceilings. Other updates: new flooring, custom closets, tiled bathrooms, showers and kitchen, solid surface countertops, security system, incredible new appliances and more. Rare opportunity to live in the heart of Downtown Muncie! Move in ready. See the investment listing for more on the first floor. MATTERPORT TOUR NOW LIVE!
Last Listed By
Coldwell Banker Real Estate Group Brokerage Email: steveslavin@coldwellhomes.com License #RB14045844 Listed on: 01/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,560
Year Built
- Built in 1927 | Remodeled
Lot Details
- 2,700
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Vaulted Ceiling
- Skylights
- Vinyl Clad Windows
- Family or Dining Combination
- City Views
- Sump Pump
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- East Washington Academy Elementary School
- Southside Middle School
- Muncie Central High School
Utilities
- Forced Air Heating System
- Electric Water Heater
Additional Features
- 2,700 Sq Ft Lot
- Property is near a bus stop
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 181115101002000003
- Assessor Parcel Number 181115101002000003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2024
Closed on
Mar 15, 2024
Sold by
Allardt Jay E and Allardt Jason A
Bought by
Yellow Bravo Llc
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
List Price
$275,000
Sold Price
$500,000
Premium/Discount to List
$225,000
81.82%
Total Days on Market
1
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,166
Avg. Annual Appreciation
2.13%
Original Mortgage
$350,000
Outstanding Balance
$322,279
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$189,887
Purchase Details
Closed on
Oct 24, 2008
Sold by
Speece Joseph M
Bought by
Allardt Jay E and Allardt Jason A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
5.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yellow Bravo Llc | $500,000 | None Listed On Document | |
| Allardt Jay E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yellow Bravo Llc | $350,000 | |
| Previous Owner | Allardt Jay E | $63,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $500,000 | +5.3% | $251 / Sq Ft |
| 01/13/2024 01/13/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | Price Changed | $475,000 | +72.7% | $238 / Sq Ft |
| 01/11/2024 01/11/24 | For Sale | $275,000 | -- | $138 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,639 | $130,800 | $30,500 | $100,300 |
| 2023 | $3,639 | $130,800 | $30,500 | $100,300 |
| 2022 | $3,669 | $131,900 | $30,500 | $101,400 |
| 2021 | $3,475 | $124,700 | $30,500 | $94,200 |
| 2020 | $3,475 | $124,700 | $30,500 | $94,200 |
| 2019 | $3,475 | $124,700 | $30,500 | $94,200 |
| 2018 | $3,475 | $124,700 | $30,500 | $94,200 |
| 2017 | $3,386 | $121,400 | $30,500 | $90,900 |
| 2016 | $3,269 | $117,100 | $30,500 | $86,600 |
| 2014 | $3,134 | $131,500 | $30,500 | $101,000 |
| 2013 | -- | $130,400 | $30,500 | $99,900 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Slavin
-
Rebekah Hanna
Buyer's Agent in 2024
Rebekah Hanna
RE/MAX Real Estate Groups
(765) 760-4556
3 in this area
420 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21959429
APN: 18-11-15-101-002.000-003
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