NOT LISTED FOR SALE

Estimated Value: $177,000 - $190,000

5 Beds
2.5 Baths
1,720 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $186,000 $108 Per Sq Ft

Current estimated payment $1,315/month

106 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Carpet
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

This exceptional 5-bedroom, 2.5-bathroom home sits on the west side of Ball State University's campus, offering an unparalleled opportunity for investors. The prime location attracts students and renters who want to be near classes and amenities. This property is leased for 23-24 school year at $1800/month and leased for the 24-25 school year at $1875/month. What makes this property even more attractive is it can be bought individually or with any other properties in a comprehensive package. This package includes two other 5-bedroom homes, totaling an impressive 15 bedrooms in all. Don't miss your chance to own a piece of this thriving campus community, where location meets financial potential in the most exceptional way. Properties included in potential package: 1500 N Woodridge 1320 N Woodridge 2115 W Euclid

Last Agent to Sell the Property

Austin Rich

NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 11/03/2023

NextHome Elite Real Estate

Last Buyer's Agent

Michael Burke

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1945

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 49x124
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18-11-08-207-001.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,279

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1945
  • Age: 79
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: MAPLE RIDGE LOT 72
  • Parcel Number ID: 18-11-08-207-001.000-003
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Dryer Hook Up Electric, Stand Up Shower, Main Floor Laundry, Washer Hook-Up
  • Location: Near College Campus
  • Sp Lp Percent: 95.63
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1720
  • Total Finished Sq Ft: 1720
  • Above Grade Finished Sq Ft: 1720
  • Price Per Sq Ft: 108.14
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 19x12, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Den: Dimensions: 13x8, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Main
  • Bedroom 5: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 8

Schools

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

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 49x124
  • Estimated Lot Sq Ft: 6055
  • Estimated Lot Size Acres: 0.139

Tax Info

  • Annual Taxes: 2279

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
Nov 3, 2023
Closed on
Apr 8, 2024
Sold by
Checkmate Goh Llc
Bought by
Zeng And Weis Living Trust and Zeng
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Michael Burke
RE/MAX Real Estate Groups
List Price
$209,500
Sold Price
$186,000
Premium/Discount to List
-$23,500
-11.22%
Views
70
Current Estimated Value
$185,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68
Avg. Annual Appreciation
0.35%
Original Mortgage
$130,200
Outstanding Balance
$128,862
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$57,957

Purchase Details

Closed on
Sep 16, 2022
Sold by
Conrad Jacobs Llc
Bought by
Game Of Checkmate Goh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,654,720
Interest Rate
5.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2020
Sold by
Bsu Beachfront Homes Llc
Bought by
Conrad Jacobs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,862,184
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Zeng And Weis Living Trust $175,000 None Listed On Document
Game Of Checkmate Goh Llc $200,000 --
Conrad Jacobs Llc -- In Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng And Weis Living Trust $130,200
Previous Owner Game Of Checkmate Goh Llc $1,654,720
Previous Owner Conrad Jacobs Llc $2,862,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $186,000 -4.4% $108 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $194,500 -2.5% $113 / Sq Ft
01/12/2024 01/12/24 Price Changed $199,500 -4.8% $116 / Sq Ft
11/03/2023 11/03/23 For Sale $209,500 -- $122 / 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 $3,452 $166,700 $16,300 $150,400
2023 $3,180 $153,100 $16,300 $136,800
2022 $2,280 $108,100 $16,300 $91,800
2021 $1,934 $90,800 $14,300 $76,500
2020 $1,742 $81,200 $11,000 $70,200
2019 $1,638 $76,000 $11,000 $65,000
2018 $1,638 $76,000 $11,000 $65,000
2017 $1,482 $68,200 $10,000 $58,200
2016 $1,482 $68,200 $10,000 $58,200
2014 $1,285 $61,600 $9,500 $52,100
2013 -- $61,000 $9,500 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340542

Indiana Regional MLS

APN: 18-11-08-207-001.000-003