Sherry Anderson
RE/MAX Real Estate Groups
(765) 896-4656
76 Total Sales
4 in Thomas Park-Avondale
$25K - $72K Price Range
2207 S Walnut St Muncie, IN 47302
Thomas Park-Avondale NeighborhoodEstimated Value: $75,984
6
Beds
3
Baths
2,136
Sq Ft
$36/Sq Ft
Est. Value
About This Home
As of February 2025Investment opportunity with this fully occupied triplex generating $1,800/month in rental income! Conveniently located in an up-and-coming area, this property features three units. Two 1-bedroom/1-bath units and One 2-bedroom unit/1 bath unit. The utilities are not separate, and the owner pays all utilities. The average monthly utility cost is $175-$300 depending on the month. Tenant in Unit#1($500 rent) is on a month-to-month lease, Tenant in Unit#2($600 rent) is on a year lease and doesn't plan to leave anytime soon. The tenant in Unit#3($700 rent) is on a 6-month lease and plans to renew. The property is being sold AS-IS and owner will not make any repairs. This is a great property to add to your portfolio. 48-hour notice for all showings and only Unit #3 is available to tour until an offer is accepted!
Last Agent to Sell the Property
Shouse Realty Group LLC Brokerage Email: danielle@shouserealtygroup.com License #RB16000635 Listed on: 12/26/2024
Last Buyer's Agent
Dentric Vance
Keller Williams Indy Metro NE License #RB19000713
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,106
Year Built
- Built in 1900
Lot Details
- 3,750
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Vinyl Siding
Schools
- Southside Middle School
- Muncie Central High School
Additional Features
- 2-Story Property
- 3,750 Sq Ft Lot
- Basement
Community Details
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for rent only
- The owner pays for all utilities
- Legal Lot and Block 2,3 / 128
- Assessor Parcel Number 181121241008000003
- Seller Concessions Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2024
Closed on
Feb 21, 2025
Sold by
Bought by
Seller's Agent
Danielle Shouse
Shouse Realty Group LLC
Buyer's Agent
Dentric Vance
Keller Williams Indy Metro NE
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984
Avg. Annual Appreciation
0.87%
Original Mortgage
$56,250
Outstanding Balance
$55,469
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$20,515
Purchase Details
Closed on
May 18, 2022
Sold by
Bought by
Purchase Details
Closed on
Jul 23, 2019
Sold by
Bought by
Purchase Details
Closed on
Nov 7, 2007
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Thomas Park-Avondale, IN
-
Sherry Anderson
-
Rich Lee
Rich Lee
NextHome Elite Real Estate
(765) 217-5168
211 Total Sales
3 in Thomas Park-Avondale
$105K - $229K Price Range
-
Eric Forney
Eric Forney
Keller Williams Indy Metro Partners
(463) 215-6116
1,012 Total Sales
2 in Thomas Park-Avondale
$42K - $45K Price Range
-
Cortney Felton
Cortney Felton
NextHome Elite Real Estate
(765) 896-4471
82 Total Sales
2 in Thomas Park-Avondale
$58K - $95K Price Range
-
Steve Slavin
Steve Slavin
Coldwell Banker Real Estate Group
(888) 409-7231
399 Total Sales
9 in Thomas Park-Avondale
$13K - $104K Price Range
-
Jerrett Flesher
Jerrett Flesher
Flesher Brothers Auctioneering and Real Estate Inc
(765) 789-5956
156 Total Sales
1 in Thomas Park-Avondale
$36,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Stauffer Terry A | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $56,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $75,000 | -11.8% | $35 / Sq Ft |
| 01/12/2025 01/12/25 | Pending | -- | -- | -- |
| 12/26/2024 12/26/24 | For Sale | $85,000 | -- | $40 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,352 | $61,700 | $3,900 | $57,800 |
| 2024 | $1,304 | $59,300 | $3,900 | $55,400 |
| 2023 | $1,106 | $49,400 | $3,200 | $46,200 |
| 2022 | $1,116 | $49,900 | $3,200 | $46,700 |
| 2021 | $1,116 | $49,900 | $3,700 | $46,200 |
| 2020 | $810 | $34,600 | $3,700 | $30,900 |
| 2019 | $810 | $34,600 | $3,700 | $30,900 |
| 2018 | $862 | $37,200 | $4,100 | $33,100 |
| 2017 | $866 | $37,400 | $4,500 | $32,900 |
| 2016 | $866 | $37,400 | $4,500 | $32,900 |
| 2014 | $1,149 | $54,800 | $5,000 | $49,800 |
| 2013 | -- | $54,300 | $5,000 | $49,300 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Shouse
Seller's Agent in 2025
Danielle Shouse
Shouse Realty Group LLC
(480) 226-1817
4 in this area
105 Total Sales
-
D
Buyer's Agent in 2025
Dentric Vance
Keller Williams Indy Metro NE
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22015951
APN: 18-11-21-241-008.000-003
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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