$82,000
SOLD JUL 29, 2021
5 Beds
2.5 Baths
2,352 Sq Ft
5,301 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

9% Below List Price

4 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • Privacy Fence
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • 1-minute walk to Washington Park

About This Home

As of January 2023

Updated brick duplex in the Emily Kimbrough Historic District. Very good condition and well maintained with basement. All utilities are separated. Mechanicals including wiring, plumbing and HVAC all updated in 2017-2018. Roof 2007. Off street parking. One unit down and a second unit upstairs.

Last Agent to Sell the Property

Brian Allardt

Coldwell Banker Real Estate Group Listed on: 06/07/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Marjorie Jameson

Berkshire Hathaway Indiana Realty

Berkshire Hathaway Indiana Realty

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 48.22x110
  • Privacy Fence
  • Wood Fence
  • Historic Home

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Patio
  • Suburban Location

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 18-11-15-129-009.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

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

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: 139
  • 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 48 ft Lot 3 and N Pt W 47.50 ft. of Lot 2 Blk 4
  • Parcel Number ID: 18-11-15-129-009.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.11
  • Monthly Gross Income: 825
  • 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: 34.86
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block, Brick, Poured Concrete
  • Flooring: Laminate, Vinyl Tile
  • Main Level Sq Ft: 1280
  • Total Below Grade Sq Ft: 1280
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Stucco
  • Fence: Privacy, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 700
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 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

Lot Info

  • Lot Description: Historic Designation, 0-2.9999
  • Lot Dimensions: 48.22x110
  • Estimated Lot Sq Ft: 5301
  • Estimated Lot Size Acres: 0.1217

Rental Info

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

Tax Info

  • Total Assessed Value: 88900
  • Annual Property Tax: 1590

Multi Family

  • Gross Monthly Rent: 825
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

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%
Views
74
Current Estimated Value
$127,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,768
Avg. Annual Appreciation
11.55%
Original Mortgage
$75,000
Outstanding Balance
$73,046
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$58,657

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 Type Sale Price Title Company
Warranty Deed $100,000 --
Warranty Deed -- None Available
Quit Claim Deed -- --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $3,105 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 New Conventional
Previous Owner $61,500 New Conventional
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: 202121511

Indiana Regional MLS

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