NOT LISTED FOR SALE

219 E 8th St Unit 1-4 Muncie, IN 47302

South Central Neighborhood

Estimated Value: $94,000 - $117,000

3 Beds
4 Baths
2,784 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $60,000 $22 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $685/month

47 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating System
  • Carpet
  • Balcony
  • Level Lot

About This Home

As of September 2020

This property is a money maker. 4 unit apartment building close to downtown. Separated electric meters with updated panels in each unit. Currently occupied on month to month terms. 3 (1 bed, 1 bath) units & 1 efficiency. Two units upstairs and Two units down. Off street parking in the back. This property offers a basement for easy access to systems. Newer flooring and paint. Newer metal roof on the back and newer shingles on the main part of the building.

Last Listed By

Heather Clemmons

Starr Real Estate LLC Listed on: 07/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1913

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 43x120
  • Level Lot

Home Design

  • Quadruplex
  • A-Frame Home
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Longfellow Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, lawn maintenance, sewer, tax, water
  • Assessor Parcel Number 18-11-15-352-005.000-003

Community Details

Overview

  • 4 Units
  • Anthony Park Subdivision

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $826
  • Maintenance Expense $500
  • Water Sewer Expense $1,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1913
  • Age: 107
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ANTHONY PARK LOT 100
  • Parcel Number ID: 18-11-15-352-005.000-003
  • Platted: Yes
  • Amenities: Basement, Balcony, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.84
  • Monthly Gross Income: 1825
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 4176
  • Total Finished Sq Ft: 2784
  • Above Grade Finished Sq Ft: 2784
  • Below Grade Sq Ft: 1392
  • Price Per Sq Ft: 21.55
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1392

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Metal
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 826
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1020
  • Number Electric Meters: 5
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43x120
  • Estimated Lot Sq Ft: 5160
  • Estimated Lot Size Acres: 0.1185
  • Lot Number: 100

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Lawn Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 58100
  • Annual Property Tax: 1264

Multi Family

  • Gross Monthly Rent: 1825
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Twass Holdings Llc
Bought by
Sak Property Group Llc
Total Days on Market
47
Current Estimated Value
$109,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$62,795
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$45,957

Purchase Details

Closed on
Sep 20, 2021
Sold by
Knott Llc
Bought by
Twass Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$62,795
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$45,957

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 18, 2020
Sold by
Jamfi Holdings Llc
Bought by
Knott Llc
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 20, 2019
Sold by
Akins Richard
Bought by
Jamfi Holdings Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$35,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2018
Sold by
Webster John S
Bought by
Akins Richard

Purchase Details

Closed on
Jun 1, 2017
Sold by
Johnson Shandra
Bought by
Webster John S

Purchase Details

Closed on
May 3, 2016
Sold by
Hill Frank D and Hill Barbara J
Bought by
Johnson Shandra

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
Sak Property Group Llc $95,000 None Available
Twass Holdings Llc -- None Available
Knott Llc -- None Available
Jamfi Holdings Llc -- In Title
Akins Richard -- None Available
Webster John S -- --
Johnson Shandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sak Property Group Llc $72,000
Previous Owner Jamfi Holdings Llc $35,000
Previous Owner Jones Willa D $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $60,000 -14.2% $22 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $69,900 0.0% $25 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $69,900 +40.1% $25 / Sq Ft
08/23/2019 08/23/19 Sold $49,900 0.0% $18 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $49,900 0.0% $18 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $49,900 -- $18 / 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 $936 $41,400 $3,400 $38,000
2023 $936 $41,400 $3,400 $38,000
2022 $944 $41,800 $3,400 $38,400
2021 $876 $38,400 $3,400 $35,000
2020 $1,176 $53,400 $3,400 $50,000
2019 $1,376 $63,400 $3,400 $60,000
2018 $1,426 $63,200 $3,400 $59,800
2017 $979 $58,100 $3,400 $54,700
2016 $979 $58,100 $3,400 $54,700
2014 $1,203 $57,100 $3,400 $53,700
2013 -- $54,000 $3,400 $50,600
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2020

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    11 in this area

    500 Total Sales

    Heather Clemmons
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Map

Source: Indiana Regional MLS

MLS Number: 202027624

Indiana Regional MLS

APN: 18-11-15-352-005.000-003

Indiana Delaware County Muncie 47302 South Central

219 E 8th St Unit 1-4, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 219 E 8th St Unit 1-4, Muncie, IN 47302 since 16 July 2020 and is currently estimated at $109,601, approximately $39 per square foot. This property was built in 1913. 219 E 8th St Unit 1-4 is a home located in Delaware County with nearby schools including South View Elementary School, Muncie Central High School, and Southside 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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