Seller's Agent in 2019
Steve Slavin
Coldwell Banker Real Estate Group
(317) 701-5006
1 in this area
447 Total Sales
2307 E 8th St Muncie, IN 47302
Blaine Neighborhood
6
Beds
2
Baths
2,480
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- Forced Air Heating and Cooling System
- Concrete Flooring
- Laundry closet
- Ceiling Fan
About This Home
As of September 2019NOTE: NOW OFFERING A $9,000 CREDIT WITH ANY ACCEPTABLE OFFER TOWARD FIXING THE GRADING AROUND THE PROPERTY TO HELP ELIMINATE WATER! This is a great possibility for an investor or small business that needs warehouse or large garage space. Zone R4, this property features 2 parcels. This was the old Delaware Glass Building years ago. The main building was built for a construction business with a front reception area, multiple offices with tall ceilings, break room, and a large bathroom with a standing shower. The upstairs features two identical rental units that are 1,240 SqFt with 3 bedrooms. There's a laundry room in each unit. One unit is currently rented month to month at $450/mo with the tenant paying utilities. The other building with access off Ribble Ln, is an excellent 60x40 pole barn with a concrete floor. The Seller has a letter of non-conformity from 1991 and the Building Commissioner is telling us it shouldn't be an issue having a new owner get the same. If it was a business completely different this may require a variance. There is a lot of flexibility how you use this space! Call for an appointment! A1 Foundation Quote available for review.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 0.39 Acre Lot
Home Design
- Triplex
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 2,480 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fire and Smoke Detector
- Laminate Countertops
Flooring
- Carpet
- Concrete
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Washer Hookup
Parking
- 10 Parking Spaces
- Gravel Driveway
- Parking Lot
Schools
- Grissom Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable, electric, fuel, heating, sewer, water
- The owner pays for building insurance, lawn maintenance, tax
- Assessor Parcel Number 18-11-14-378-002.000-003
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $550
- Fuel Expense $550
- Insurance Expense $760
- Maintenance Expense $400
- Water Sewer Expense $600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2019
Closed on
Sep 13, 2019
Sold by
Caudill Laura L
Bought by
Smoot Properties Llc
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Annette Caldwell
RE/MAX at the Crossing.
List Price
$54,900
Sold Price
$20,000
Premium/Discount to List
-$34,900
-63.57%
Total Days on Market
80
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smoot Properties Llc | -- | In Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2019 09/13/19 | Sold | $20,000 | -48.7% | $8 / Sq Ft |
| 08/17/2019 08/17/19 | Pending | -- | -- | -- |
| 07/23/2019 07/23/19 | Price Changed | $39,000 | -21.8% | $16 / Sq Ft |
| 07/18/2019 07/18/19 | Price Changed | $49,900 | -9.1% | $20 / Sq Ft |
| 05/29/2019 05/29/19 | For Sale | $54,900 | -- | $22 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,474 | $69,200 | $8,500 | $60,700 |
| 2023 | $2,474 | $69,200 | $8,500 | $60,700 |
| 2022 | $2,493 | $69,900 | $8,500 | $61,400 |
| 2021 | $2,316 | $63,500 | $8,500 | $55,000 |
| 2020 | $2,316 | $63,500 | $8,500 | $55,000 |
| 2019 | $2,316 | $63,500 | $8,500 | $55,000 |
| 2018 | $2,316 | $63,500 | $8,500 | $55,000 |
| 2017 | $2,280 | $62,100 | $8,500 | $53,600 |
| 2016 | $2,245 | $60,600 | $8,500 | $52,100 |
| 2014 | $2,289 | $73,700 | $8,500 | $65,200 |
| 2013 | -- | $75,000 | $8,500 | $66,500 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Slavin
-
Annette Caldwell
Buyer's Agent in 2019
Annette Caldwell
RE/MAX
(765) 748-5555
3 in this area
130 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201921589
APN: 18-11-14-378-002.000-003
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