NOT LISTED FOR SALE

Estimated Value: $59,000 - $125,000

4 Beds
2 Baths
1,512 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $118,750 $79 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $653/month

36 Days on Market

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • 1-Story Property
  • Laundry in Utility Room
  • Level Lot

About This Home

As of April 2020

A total of 4 units within 2 duplexes. New in 2014: roof, plumbing, electrical and some drywall. Windows replaced 2019. Refrigerator and Oven/Range stay with all units. Washer/dryer hookups in all units. All units have tenants with a monthly gross rent income of $2000. Owner pays water/sewage bills. Please give 24 hour notice to show. Sold AS-IS.

Last Agent to Sell the Property

Kari Blevins

Coldwell Banker Real Estate Group Listed on: 01/14/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Marilyn Huddleston

Berkshire Hathaway Indiana Realty

Berkshire Hathaway Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1965

Lot Details

  • 9,200 Sq Ft Lot
  • Lot Dimensions are 50x184
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Location

  • Suburban Location

Schools

  • Grissom Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Radiant Ceiling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 18-11-23-176-003.000-003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Water Meters
  • Water Sewer Expense $1,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,156

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Age: 55
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: NW COR SE QTR NW QTR 0.2100Acres STR: 232010 IN: OUT:, NW COR SE QTR NW QTR STR: 232010 AC: 0.210000
  • Parcel Number ID: 18-11-23-176-003.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 181123176004000003
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 95
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1512
  • Total Finished Sq Ft: 1512
  • Above Grade Finished Sq Ft: 1512
  • Price Per Sq Ft: 78.54
  • Basement Foundation: Slab
  • Flooring: Laminate
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Dimensional Shingles
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Heating Fuel: Electricity, Baseboard, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1380
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x184
  • Estimated Lot Sq Ft: 9200
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Total Assessed Value: 86200
  • Annual Property Tax: 2155.98

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

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
Jan 14, 2020
Closed on
Apr 16, 2020
Sold by
Smith Tonya
Bought by
Yegge Roger
Seller's Agent
Kari Blevins
Coldwell Banker Real Estate Group
Buyer's Agent
Marilyn Huddleston
Berkshire Hathaway Indiana Realty
List Price
$150,000
Sold Price
$118,750
Premium/Discount to List
-$31,250
-20.83%
Current Estimated Value
$96,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,722
Avg. Annual Appreciation
-1.82%

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 8, 2014
Sold by
Fannie Mae
Bought by
Buie Tonya
Seller's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Christopher Perry
Property House
List Price
$38,500
Sold Price
$35,000
Premium/Discount to List
-$3,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Suntrust Mtg Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 15, 2014
Sold by
Delaware County Sheriff
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Mar 14, 2006
Sold by
Barnes Alfred M and Barnes Peggy J
Bought by
Whitener Alan 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
$73,800
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Fogle William H and Fogle Barbara M
Bought by
Barnes Alfred M and Barnes Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,883
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Yegge Roger -- None Available
Buie Tonya -- State Wide Title
Federal National Mortgage Association -- --
Suntrust Mortgage Inc $129,747 --
Whitener Alan -- None Available
Barnes Alfred M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitener Alan $73,800
Previous Owner Barnes Alfred M $61,883
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $118,750 -5.0% $79 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $125,000 -16.7% $83 / Sq Ft
01/14/2020 01/14/20 For Sale $150,000 +328.6% $99 / Sq Ft
05/30/2014 05/30/14 Sold $35,000 -9.1% $12 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $38,500 -- $13 / 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 $1,438 $66,500 $7,600 $58,900
2023 $1,438 $66,500 $7,600 $58,900
2022 $1,342 $61,700 $7,600 $54,100
2021 $1,304 $59,800 $7,000 $52,800
2020 $980 $43,600 $6,100 $37,500
2019 $980 $43,600 $6,100 $37,500
2018 $1,142 $49,000 $6,400 $42,600
2017 $1,082 $48,700 $6,400 $42,300
2016 $1,042 $46,700 $6,400 $40,300
2014 $985 $47,100 $7,500 $39,600
2013 -- $46,700 $7,500 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202001597

Indiana Regional MLS

APN: 18-11-23-176-003.000-003