NOT LISTED FOR SALE

223 S Mckinley Ave Muncie, IN 47303

Westside Neighborhood

Estimated Value: $161,000 - $207,000

7 Beds
3 Baths
2,132 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $184,000 $86 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,163/month

71 Days on Market

Highlights

  • Great Room
  • Enclosed Patio or Porch
  • Landscaped
  • 2 Car Detached Garage
  • Entrance Foyer
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

Excellent opportunity to own a 7 bedroom/ 3 full bathroom rental unit close to Ball State University. This home is two stories with a finished basement. 2 bedrooms upstairs, 3 on main level and 2 in the finished basement. Currently rented through July of 2023 at $2,010.00 per month. Tenants pay electric, gas, water and sewage. This is a perfect fit for someone building their real estate portfolio or wanting to get started with an investment property. This property can be sold in a group with mls number 202243241 and mls number 202243261.

Last Agent to Sell the Property

Austin Rich

NextHome Elite Real Estate Listed on: 10/18/2022

NextHome Elite Real Estate

Last Buyer's Agent

Austin Rich

NextHome Elite Real Estate Listed on: 10/18/2022

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x130
  • Landscaped
  • Property is zoned R-4 Residence Zone

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Entrance Foyer
  • Great Room
  • Laminate Countertops
  • Washer and Electric Dryer Hookup

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • ENERGY STAR/Reflective Roof
  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 18-11-17-227-019.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,872

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 82
  • Style: One and Half Story
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MC&J 2 ADD LOT 33
  • Parcel Number ID: 18-11-17-227-019.000-003
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Countertops-Laminate, Dryer Hook Up Electric, Foyer Entry, Landscaped, Porch Enclosed, Great Room, Washer Hook-Up
  • Cross Street: Adams
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 80.74
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2132
  • Total Finished Sq Ft: 2132
  • Above Grade Finished Sq Ft: 1456
  • Below Grade Finished Sq Ft: 676
  • Price Per Sq Ft: 126.37
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Basement Material: Block
  • Flooring: Concrete, Vinyl
  • Living Great Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Family Room: Dimensions: 22x13, On Level: Basement
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 13x9, On Level: Main
  • Bedroom 4: Dimensions: 13x9, On Level: Upper
  • Bedroom 5: Dimensions: 14x13, On Level: Upper
  • Main Level Sq Ft: 1174
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 676

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx6, On Level: 7

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 43x130
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Green Features

  • Energy Efficient: Roofing

Tax Info

  • Annual Taxes: 1872

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 2, 2023
Sold by
Game Of Homes Llc
Bought by
Rel Homes Llc
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Austin Rich
NextHome Elite Real Estate
List Price
$227,900
Sold Price
$184,000
Premium/Discount to List
-$43,900
-19.26%
Views
81
Current Estimated Value
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,000
Avg. Annual Appreciation
0.99%
Original Mortgage
$365,850
Outstanding Balance
$341,818
Interest Rate
5.14%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$153,151

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 1, 2023
Sold by
1M & M Properties Llc
Bought by
Game Of Homes Llc
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Austin Rich
NextHome Elite Real Estate
List Price
$227,900
Sold Price
$184,000
Premium/Discount to List
-$43,900
-19.26%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,850
Outstanding Balance
$341,818
Interest Rate
5.14%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$153,151

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 16, 2016
Sold by
Stewart Timothy L
Bought by
1M & M Propertise Llc
Seller's Agent
Tom Parker
Buyer's Agent
Tom Parker
List Price
$79,900
Sold Price
$125,000
Premium/Discount to List
$45,100
56.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Rel Homes Llc $487,800 --
Game Of Homes Llc $487,800 --
1M & M Propertise Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rel Homes Llc $40,000
Open Rel Homes Llc $365,850
Previous Owner 1M & M Propertise Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $184,000 -19.3% $86 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $227,900 +82.3% $107 / Sq Ft
12/16/2016 12/16/16 Sold $125,000 +56.4% $58 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $79,900 -- $37 / 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 $2,646 $126,900 $13,200 $113,700
2023 $2,419 $109,800 $11,000 $98,800
2022 $1,930 $91,100 $11,000 $80,100
2021 $1,872 $88,200 $11,500 $76,700
2020 $1,604 $74,800 $11,000 $63,800
2019 $1,528 $71,000 $11,000 $60,000
2018 $1,526 $70,900 $11,000 $59,900
2017 $1,526 $70,900 $11,600 $59,300
2016 $1,500 $69,600 $11,500 $58,100
2014 $1,487 $72,200 $12,100 $60,100
2013 -- $72,000 $12,100 $59,900
Source: Public Records

Agents Affiliated with this Home

  • Austin Rich

    Seller's Agent in 2023

    Austin Rich

    NextHome Elite Real Estate

    (765) 749-4546

    6 in this area

    254 Total Sales

    Section Image

  • T

    Seller's Agent in 2016

    Tom Parker

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202243251

Indiana Regional MLS

APN: 18-11-17-227-019.000-003

Indiana Delaware County Muncie 47303 Westside

223 S Mckinley Ave, Muncie, IN

This home is located at 223 S Mckinley Ave, Muncie, IN 47303 since 18 October 2022 and is currently estimated at $182,333, approximately $85 per square foot. This property was built in 1940. 223 S Mckinley Ave is a home located in Delaware County with nearby schools including West View Elementary School, Muncie Central High School, and Northside 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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