NOT LISTED FOR SALE

2227 W 11th St Muncie, IN 47302

Forest Park Neighborhood

Estimated Value: $113,000 - $127,000

3 Beds
1 Bath
1,120 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $38,900 $35 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $868/month

44 Days on Market

Highlights

  • Enclosed patio or porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2014

This property has an excellent 2 bedroom home with full basement plus two extra income units for the perfect opportunity to live affordably!!! Excellent condition (not perfect) but great value for the $$$$$. Current landlord just ready to move on to other things in life. Excellent paying tenants in all three units currently. Lots of updates, including newer roof on the house. Please give minimum 24 hours notice to show due to giving enough notice to get into all three units. MUST SEE!!!

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 03/31/2014

RE/MAX Real Estate Groups

Last Buyer's Agent

Aaron Orr

RE/MAX Real Estate Groups Listed on: 03/31/2014

RE/MAX Real Estate Groups

Property Details

Home Type

  • Apartment

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Chain Link Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House

Parking

  • Carport
  • Driveway
  • Paved Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Westview Elementary School
  • Wilson Middle School
  • Southside High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 1117461004000

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Legal Description: R AND U L CO 1 ADD E HLF OF 9 STR: 172 |
  • Parcel Number ID: 1117461004000
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Ready, Porch Enclosed, Water Heater Electric
  • Sp Lp Percent: 84.75
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1120
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Sq Ft: 1120
  • Price Per Sq Ft: 34.73
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Total Below Grade Sq Ft: 1120

Exterior Features

  • Exterior: Block, Stone
  • Roof Material: Shingle
  • Fence: Chain Link

Garage/Parking

  • Driveway: Concrete
  • Parking: Paved

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.

Condo/Co-op/Association

  • Other Fees Dollar: 43.2

Schools

  • Elementary School: Westview
  • Middle School: Wilson
  • High School: Southside (Closed)
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x125
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 62800
  • Annual Property Tax: 1256

Multi Family

  • Number Of Units: 3

MLS Schools

  • High School: Southside (Closed)
  • Middle School: Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2015
Sold by
Liggins Baron D
Bought by
Castle Holdings Llc
Current Estimated Value
$118,575

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 12, 2014
Sold by
Knotts Kavin Lee
Bought by
Liggins Baron D
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$45,900
Sold Price
$38,900
Premium/Discount to List
-$7,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
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
Castle Holdings Llc -- Young Ttile
Liggins Baron D -- Youngs Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $38,900 -15.3% $35 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $45,900 -- $41 / 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 $2,558 $122,500 $10,200 $112,300
2023 $2,150 $102,100 $8,500 $93,600
2022 $1,794 $84,300 $8,500 $75,800
2021 $1,630 $76,100 $6,700 $69,400
2020 $1,420 $65,600 $6,700 $58,900
2019 $1,282 $58,700 $5,700 $53,000
2018 $1,448 $67,000 $6,300 $60,700
2017 $1,470 $68,100 $8,500 $59,600
2016 $1,566 $72,900 $9,400 $63,500
2014 $1,309 $63,300 $9,400 $53,900
2013 -- $62,800 $9,400 $53,400
Source: Public Records

Agents Affiliated with this Home

  • Aaron Orr

    Seller's Agent in 2014

    Aaron Orr

    RE/MAX

    (765) 212-1111

    7 in this area

    746 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 20078887

Indiana Regional MLS

APN: 18-11-17-461-004.000-003

Indiana Delaware County Muncie 47302 Forest Park

2227 W 11th St, Muncie, IN

This home is located at 2227 W 11th St, Muncie, IN 47302 since 31 March 2014 and is currently estimated at $122,368, approximately $109 per square foot. 2227 W 11th St is a home located in Delaware County with nearby schools including West 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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