NOT LISTED FOR SALE

213 E Columbus Ave Muncie, IN 47305

McKinley Neighborhood

Estimated Value: $62,000 - $234,473

3 Beds
1 Bath
1,087 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $125,000 $115 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $640/month

116 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 3-minute walk to Greenway Pocket Park
  • Level Lot

About This Home

As of July 2018

Sale includes 11 properties consisting of 25 units. Rent roll Excel sheet is attached. 8 units are vacant. Owner pays most utilities. Additional property addresses and tax ID #'s as follows: 643 N Elm - 181110307023000003; 653 N Elm - 181110307020000003; 655 N Elm - 181110307019000003; 715 N Elm - 181110303003000003; 717 N Elm - 181110159019000003; 729 N Elm - 181110159015000003; 733 N Elm - 181110159013000003; 735 N Elm - 181110159012000003; 317 E Myrtle - 181110159011000003; 646 N Mulberry - 181110306006000003. Package price of $175,000 includes 11 properties. Properties can be sold individually at a price to be negotiated.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 02/05/2018

RE/MAX Real Estate Groups

Last Buyer's Agent

Mike Lunsford

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40x80
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,087 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 25 Units

Listing and Financial Details

  • Assessor Parcel Number 18-11-10-306-002.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$486

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 118
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: W L Co 2 Add W 40.8 ft E 81 Hlf Ft 12 0.0000 Acres STR: 102010 IN: 11-12 OUT: |
  • Parcel Number ID: 18-11-10-306-002.000-003
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 71.43
  • Monthly Gross Income: 13401
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1087
  • Total Finished Sq Ft: 1087
  • Above Grade Finished Sq Ft: 1087
  • Price Per Sq Ft: 115
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x80
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Multi Family

  • Gross Monthly Rent: 13400.67
  • Number Of Units: 25
  • Num Of2 Bedrooms: 8
  • Number Of 3 Bedrooms: 5
  • Number Of 4 Bedrooms: 11
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Hickory & Elm Llc
Bought by
Clemmons Properties Llc
Current Estimated Value
$112,868

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 31, 2018
Sold by
Stonebraker Re Holdings Llc
Bought by
Hickory & Elm Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Mike Lunsford
Coldwell Banker Real Estate Group
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.41%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2010
Sold by
First Merchants Bank Na
Bought by
Muncie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 21, 2010
Sold by
Greater America Homes Inc
Bought by
First Merchants Bank Na
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
Clemmons Properties Llc $15,000 None Available
Hickory & Elm Llc -- In Title
Muncie Properties Llc -- Itic
First Merchants Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickory & Elm Llc $100,000
Previous Owner Muncie Properties Llc $74,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $125,000 -28.6% $115 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $175,000 -- $161 / 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 $486 $18,900 $5,600 $13,300
2023 $406 $14,900 $5,600 $9,300
2022 $428 $16,000 $5,600 $10,400
2021 $342 $11,700 $4,100 $7,600
2020 $342 $16,200 $4,100 $12,100
2019 $314 $16,600 $4,100 $12,500
2018 $494 $16,600 $4,100 $12,500
2017 $436 $16,400 $4,100 $12,300
2016 $436 $16,400 $4,100 $12,300
2014 $365 $16,100 $4,100 $12,000
2013 -- $16,000 $4,100 $11,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kramer

    Seller's Agent in 2018

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    560 Total Sales

    Ryan Kramer
    Section Image

  • M

    Buyer's Agent in 2018

    Mike Lunsford

    Coldwell Banker Real Estate Group

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201804221

Indiana Regional MLS

APN: 18-11-10-306-002.000-003

Indiana Delaware County Muncie 47305 McKinley

213 E Columbus Ave, Muncie, IN

This home is located at 213 E Columbus Ave, Muncie, IN 47305 since 05 February 2018 and is currently estimated at $112,868, approximately $103 per square foot. This property was built in 1900. 213 E Columbus Ave is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, and Northside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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