NOT LISTED FOR SALE

Estimated Value: $107,000 - $152,646

5 Beds
2.5 Baths
2,352 Sq Ft
$55/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $100,000 $43 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $923/month

121 Days on Market

Highlights

  • Patio
  • Central Air
  • 1-minute walk to Washington Park
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of January 2023

This home is located at 212 S Pershing Dr, Muncie, IN 47305 since 18 August 2022 and is currently estimated at $130,162, approximately $55 per square foot. This property was built in 1882. 212 S Pershing Dr is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High School, and Northside Middle School.

Last Agent to Sell the Property

Marjorie Jameson

Berkshire Hathaway Indiana Realty Listed on: 08/18/2022

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Kathy J Smith

NextHome Elite Real Estate

NextHome Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1882

Lot Details

  • 5,301 Sq Ft Lot
  • Lot Dimensions are 48.22 x 110
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • East Washington Academy Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for sewer
  • Assessor Parcel Number 18-11-15-129-009.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • Insurance Expense $700
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,590

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1882
  • Age: 140
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Coffman 1st addition N 48ft Lot3.
  • Parcel Number ID: 18-11-15-129-009.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Patio Open
  • Sp Lp Percent: 86.96
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3632
  • Total Finished Sq Ft: 2352
  • Above Grade Finished Sq Ft: 2352
  • Below Grade Sq Ft: 1280
  • Price Per Sq Ft: 42.52
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Laminate, Vinyl Tile
  • Total Below Grade Sq Ft: 1280
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Stucco
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 700
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Southside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48.22 x 110
  • Estimated Lot Sq Ft: 5301
  • Estimated Lot Size Acres: 0.1217

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Sewer
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1590

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
Aug 18, 2022
Closed on
Jan 18, 2023
Sold by
Nicholas Olfoh
Bought by
Blackman Jeffrey and Blackman Jennifer Annette
Seller's Agent
Marjorie Jameson
Berkshire Hathaway Indiana Realty
Buyer's Agent
Kathy J Smith
NextHome Elite Real Estate
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Total Days on Market
121
Views
74
Current Estimated Value
$130,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,162
Avg. Annual Appreciation
11.41%
Original Mortgage
$75,000
Outstanding Balance
$73,046
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$57,116

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 29, 2021
Sold by
Hootenanny Llc
Bought by
Oifoh Nicholas
Seller's Agent
Brian Allardt
Coldwell Banker Real Estate Group
Buyer's Agent
Marjorie Jameson
Berkshire Hathaway Indiana Realty
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$61,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Rabel Tracy D and Rabel Tina L
Bought by
Hootenanny Llc

Purchase Details

Closed on
Oct 16, 2012
Sold by
Jacskson Joseph E and Jackson Beverly L
Bought by
Rabel Tracy
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
Blackman Jeffrey $100,000 --
Oifoh Nicholas -- None Available
Hootenanny Llc -- --
Rabel Tracy $3,105 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackman Jeffrey $75,000
Previous Owner Oifoh Nicholas $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $100,000 -13.0% $43 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $115,000 0.0% $49 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $115,000 0.0% $49 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $115,000 0.0% $49 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $115,000 +40.2% $49 / Sq Ft
07/29/2021 07/29/21 Sold $82,000 -8.9% $35 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $90,000 -- $38 / 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 $2,400 $114,600 $12,200 $102,400
2023 $1,201 $90,000 $10,100 $79,900
2022 $1,724 $80,800 $14,600 $66,200
2021 $1,886 $88,900 $14,700 $74,200
2020 $1,590 $74,100 $12,300 $61,800
2019 $580 $23,600 $12,300 $11,300
2018 $556 $22,400 $11,100 $11,300
2017 $526 $20,900 $9,700 $11,200
2016 $526 $26,600 $9,700 $16,900
2014 $443 $20,000 $6,800 $13,200
2013 -- $39,100 $6,800 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202234538

Indiana Regional MLS

APN: 18-11-15-129-009.000-003