NOT LISTED FOR SALE

Estimated Value: $162,000 - $200,000

3 Beds
2 Baths
1,962 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $77,000 $39 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,101/month

90 Days on Market

About This Home

As of March 2016

This wonderfully maintained three bedroom house in Muncie's Layne Crest Addition is now on the market with the owner wanting to downsize. This is a great first home for a family with two large and finished rooms in the basement, including a full bar, walk out access into the backyard, laundry area and a full bathroom. The main level features a breakfast bar, living area along with three bedrooms and a full bath. Fenced in back yard and a one car garage attached to the house with plenty of storage area. Short drive to Ball State and I-69 corridor with its NW location in Muncie.

Last Agent to Sell the Property

Todd Merickel

KMD Real Estate LLC Listed on: 11/11/2015

Last Buyer's Agent

Michael Sims

Coldwell Banker Real Estate Group

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1962
  • Age: 54
  • Style: Bi-Level
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Layne Crest Lot #124
  • Parcel Number ID: 18-11-05-256-006.000-003
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Bar, Breakfast Bar, Cable Ready, Disposal, Garage Door Opener, Utility Sink, Tub/Shower Combination, Great Room
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.37
  • Special Features: None

Interior Features

  • Total Sq Ft: 1962
  • Total Finished Sq Ft: 1962
  • Above Grade Finished Sq Ft: 1037
  • Below Grade Finished Sq Ft: 925
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet
  • Living Great Room: Dimensions: 14x16, On Level: Main
  • Kitchen: Dimensions: 8x11, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Recreation Room: Dimensions: 11x23, On Level: Lower
  • Bedroom 1: Dimensions: 9x13, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 925

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 13x26
  • Garage Sq Ft: 338

Utilities

  • Cooling: Attic Fan
  • Heating Fuel: Gas, Baseboard, Floor
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast
  • Laundry: Dimensions: 18xLower, On Level: 23

Schools

  • School District: Muncie Community Schools
  • Elementary School: Storer
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 67x107

Tax Info

  • Annual Taxes: 340
  • Exemptions: Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2015
Closed on
Mar 31, 2016
Sold by
Perry Jane Lynn
Bought by
Rothermel Mark A
Seller's Agent
Todd Merickel
KMD Real Estate LLC
Buyer's Agent
Michael Sims
Coldwell Banker Real Estate Group
List Price
$81,900
Sold Price
$77,000
Premium/Discount to List
-$4,900
-5.98%
Current Estimated Value
$177,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,357
Avg. Annual Appreciation
9.29%
Original Mortgage
$73,150
Outstanding Balance
$58,821
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$117,132
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
Rothermel Mark A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothermel Mark A $73,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $77,000 -6.0% $39 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $81,900 -- $42 / 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 $1,464 $134,600 $12,700 $121,900
2023 $1,464 $134,600 $12,700 $121,900
2022 $1,354 $123,600 $12,700 $110,900
2021 $1,155 $103,700 $12,400 $91,300
2020 $731 $87,900 $11,800 $76,100
2019 $483 $80,500 $11,300 $69,200
2018 $442 $79,900 $11,300 $68,600
2017 $303 $75,200 $10,100 $65,100
2016 $309 $75,200 $10,100 $65,100
2014 $335 $73,400 $10,100 $63,300
2013 -- $74,000 $10,100 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201552753

Indiana Regional MLS

APN: 18-11-05-256-006.000-003