NOT LISTED FOR SALE

Estimated Value: $50,000 - $78,000

4 Beds
2 Baths
1,596 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $25,000 $16 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $439/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of May 2023

Duplex with lots of potential. Large two story home. 2 bedrooms and one bathroom up stairs. 2 bedrooms and 1 bathroom downstairs. Vinyl siding, some updated windows and doors. Currently not rented. Utilities are not separated. This home could be turned back into a large single family. One block off of Madison and Memorial St. Close to shopping restaurants and businesses.

Last Listed By

Heather Clemmons

Starr Real Estate LLC Listed on: 03/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 40x126

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for fuel, sewer, tax, water
  • Assessor Parcel Number 18-11-22-115-013.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1912
  • Age: 111
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: G & O SUB BLK 131 LOT 5
  • Parcel Number ID: 18-11-22-115-013.000-003
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 71.63
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1596
  • Total Finished Sq Ft: 1596
  • Above Grade Finished Sq Ft: 1596
  • Price Per Sq Ft: 15.66
  • Basement Foundation: Crawl
  • Flooring: Mixed

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40X126
  • Estimated Lot Sq Ft: 5040
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 5

Rental Info

  • Owner Pays: Fuel, Sewer, Tax, Water

Tax Info

  • Annual Property Tax: 800

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

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
Jan 18, 2017
Sold by
Delaware County Tax Deed Clerk
Bought by
Napa Realty Llc
Total Days on Market
63
Current Estimated Value
$65,259

Purchase Details

Closed on
Mar 26, 2014
Sold by
Home America Llc
Bought by
Vanaken Sarah Anne

Purchase Details

Closed on
Mar 26, 2013
Sold by
Fannie Mae
Bought by
Home America Llc

Purchase Details

Closed on
Nov 14, 2012
Sold by
Whitener Alan E and Whitener Sara M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 3, 2006
Sold by
Clark Ronald D
Bought by
Whitener Alan E and Whitener Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Interest Rate
6.22%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Napa Realty Llc $1,751 --
Vanaken Sarah Anne -- --
Home America Llc -- --
Federal National Mortgage Association $44,886 None Available
Whitener Alan E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Home America Llc $7,700
Previous Owner Whitener Alan E $21,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $25,000 -28.4% $16 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $34,900 -9.4% $22 / Sq Ft
04/03/2023 04/03/23 Price Changed $38,500 -3.5% $24 / Sq Ft
03/20/2023 03/20/23 Price Changed $39,900 -11.1% $25 / Sq Ft
03/01/2023 03/01/23 For Sale $44,900 -- $28 / 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 $904 $39,300 $5,200 $34,100
2023 $772 $32,700 $4,300 $28,400
2022 $778 $33,000 $4,300 $28,700
2021 $788 $33,500 $4,900 $28,600
2020 $720 $30,100 $4,900 $25,200
2019 $720 $30,100 $4,900 $25,200
2018 $770 $32,600 $5,500 $27,100
2017 $508 $19,500 $6,000 $13,500
2016 $839 $19,500 $6,000 $13,500
2014 $1,146 $34,100 $6,700 $27,400
2013 -- $33,800 $6,700 $27,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202305874

Indiana Regional MLS

APN: 18-11-22-115-013.000-003