$123,600
SOLD APR 14, 2025

2304 E Memorial Dr Muncie, IN 47302

Blaine Neighborhood
6 Beds
2 Baths
2,634 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

5% Below List Price

17 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Partially Fenced Property
  • Corner Lot
  • Forced Air Heating System
  • Carpet

About This Home

As of April 2025

GREAT investment opportunity!!! One side is a two bedroom and the other side is a 4 bedroom. Both are currently occupied. Both sides have individual electric and gas meters.

Last Agent to Sell the Property

Lisa Buckner

RE/MAX Real Estate Groups Listed on: 02/18/2025

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1925

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 46x150
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Laminate Countertops
  • Laundry in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 181114383023000003
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,858

Year Built

Built in 1925

Lot Details

6,900 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WALLS 2 ADD E 2 FT OF 215 LOT 214-215
  • Parcel Number ID: 181114383023000003
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Deck Open, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 6138
  • Total Finished Sq Ft: 2634
  • Above Grade Finished Sq Ft: 2634
  • Above Grade Unfinished Sq Ft: 2634
  • Below Grade Sq Ft: 870
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1764
  • Total Below Grade Sq Ft: 870
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Fence: Partial, Chain Link
  • Stories: 1.5

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2

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.
  • Cable Company: Comcast/Xfinity
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 46x150
  • Estimated Lot Sq Ft: 6900
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 1857.98

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 4 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 8, 2025
Sold by
Arthur And Nicole Johnson Living Trust and Johnson Arthur P
Bought by
Ruezga Maria G and Ruezga Edmundo
Seller's Agent
Lisa Buckner
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$130,000
Sold Price
$123,600
Premium/Discount to List
-$6,400
-4.92%
Views
37
Current Estimated Value
$124,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708
Avg. Annual Appreciation
0.64%
Original Mortgage
$92,700
Outstanding Balance
$91,866
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$32,442

Purchase Details

Closed on
Dec 17, 2021
Sold by
Johnson Jr Arthur P
Bought by
Arthur And Nicole Johnson Living Trust and Livi Nicole

Purchase Details

Closed on
Sep 30, 2019
Sold by
Five Stream Ventures Llc
Bought by
Johnson Arthur

Purchase Details

Closed on
Sep 27, 2019
Sold by
G & T Properties
Bought by
Five Stream Ventures Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $123,600 First American Title
Warranty Deed -- Frank & Kraft
Warranty Deed -- Frank & Kraft
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,700 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $123,600 -4.9% $47 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $130,000 -- $49 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,196 $131,400 $6,100 $125,300
2024 $2,196 $104,400 $6,100 $98,300
2023 $1,858 $87,500 $5,500 $82,000
2022 $1,724 $80,800 $5,500 $75,300
2021 $1,458 $67,500 $4,800 $62,700
2020 $872 $63,000 $3,200 $59,800
2019 $888 $61,000 $5,400 $55,600
2018 $888 $65,100 $5,400 $59,700
2017 $1,398 $64,500 $5,100 $59,400
2016 $872 $38,200 $5,100 $33,100
2014 $1,103 $63,000 $5,100 $57,900
2013 -- $62,400 $5,100 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202505084

Indiana Regional MLS

APN: 18-11-14-383-023.000-003

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