NOT LISTED FOR SALE

Estimated Value: $64,000 - $97,000

3 Beds
2 Baths
1,646 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $60,000 $36 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $512/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Laundry in Utility Room
  • Wood Fence
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2022

Come add this investment property to your portfolio! It has it all! This 1.5 story property features 3 bedrooms and 2 baths, a basement, a fenced in backyard with a back patio, and a detached 1 car garage. The current renters pay $650 a month and pay all utilities.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC Listed on: 10/05/2022

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC Listed on: 10/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1947

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Wood Fence

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Laundry in Utility Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Location

  • Suburban Location

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 18-11-17-459-011.000-003

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$694

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1947
  • Age: 75
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: R & U CO 1 ADD BLK 26 LOT 15
  • Parcel Number ID: 18-11-17-459-011.000-003
  • Platted: Yes
  • Amenities: Basement, Deck Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.84
  • Monthly Gross Income: 650
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1896
  • Total Finished Sq Ft: 1646
  • Above Grade Finished Sq Ft: 1646
  • Below Grade Sq Ft: 250
  • Price Per Sq Ft: 36.45
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 250

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Fence: Wood
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1200
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40X125
  • Estimated Lot Sq Ft: 5000
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 694

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 23, 2022
Sold by
B & B Premier Properties Llc
Bought by
Harter Family Partnership Of 1997
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Total Days on Market
14
Views
48
Current Estimated Value
$77,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,411
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Jul 11, 2017
Sold by
Campbell Ramona L
Bought by
B & B Premier Properties Llc

Purchase Details

Closed on
Sep 13, 2013
Sold by
Campbell Ramona L
Bought by
Howard Leslie

Purchase Details

Closed on
Sep 3, 2013
Sold by
Campbell Ramona L
Bought by
Howard Leslie
Source: Public Records

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Range of Values:

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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
Harter Family Partnership Of 1997 $60,000 --
B & B Premier Properties Llc -- --
Howard Leslie -- --
Howard Leslie -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $60,000 -14.2% $36 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $69,900 -- $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 $1,210 $55,100 $6,800 $48,300
2023 $1,024 $45,800 $5,600 $40,200
2022 $870 $38,100 $5,600 $32,500
2021 $794 $34,300 $4,500 $29,800
2020 $694 $29,300 $4,500 $24,800
2019 $692 $29,200 $4,500 $24,700
2018 $756 $32,400 $5,000 $27,400
2017 $108 $35,400 $6,600 $28,800
2016 $108 $38,100 $7,400 $30,700
2014 $43 $38,100 $7,400 $30,700
2013 -- $37,800 $7,400 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202241425

Indiana Regional MLS

APN: 18-11-17-459-011.000-003