$69,500
SOLD MAR 31, 2025
2 Beds
2 Baths
1,056 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

25% Below List Price

48 Days on Market

Highlights

  • Shed
  • Level Lot
  • 1-Story Property
  • Central Air
  • Vinyl Flooring

About This Home

As of March 2025

Wealth Maker! Welcome to this great opportunity of a property featuring two units! Upgraded with recently replaced roof, recently replaced furnaces, and more! Both units are currently occupied on a month to month bases, and tenant's would like to remain. Don't let this fantastic investment opportunity pass you by!

Last Agent to Sell the Property

Taylor Licht

RE/MAX Complete Brokerage Phone: 765-729-5865 Listed on: 01/28/2025

RE/MAX Complete

Last Buyer's Agent

Aaron Orr

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 18-11-14-331-043.000-003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $773
  • Fuel Expense $352
  • Water Sewer Expense $742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,331

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 100
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WALLS 2 ADD LOT 110
  • Parcel Number ID: 18-11-14-331-043.000-003
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 75.14
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2112
  • Total Finished Sq Ft: 1056
  • Above Grade Finished Sq Ft: 1056
  • Below Grade Sq Ft: 1056
  • Price Per Sq Ft: 65.81
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 1056
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 772.68
  • Annual Fuel Expense: 351.84
  • Annual Water Sewer Expense: 742.2
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Fuel, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1331

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 28, 2025
Closed on
Mar 31, 2025
Sold by
Rollins Jerry
Bought by
Kristophers Holdings Llc
Seller's Agent
Taylor Licht
RE/MAX Complete
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$92,500
Sold Price
$69,500
Premium/Discount to List
-$23,000
-24.86%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.49%

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 14, 2016
Sold by
Enochs Margie A
Bought by
Rollins Jerry
Seller's Agent
Rickie Sipe
Property House, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
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 Type Sale Price Title Company
Warranty Deed $69,500 None Listed On Document
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $69,500 -24.9% $66 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $92,500 +208.3% $88 / Sq Ft
09/14/2016 09/14/16 Sold $30,000 -14.0% $28 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $34,900 -- $33 / 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 $1,564 $72,800 $5,500 $67,300
2023 $1,331 $61,100 $5,000 $56,100
2022 $1,241 $56,600 $5,000 $51,600
2021 $1,057 $47,400 $4,400 $43,000
2020 $987 $43,900 $2,900 $41,000
2019 $840 $36,600 $4,800 $31,800
2018 $886 $38,900 $4,800 $34,100
2017 $874 $38,300 $4,600 $33,700
2016 $866 $37,900 $4,600 $33,300
2014 $639 $29,800 $4,600 $25,200
2013 -- $29,500 $4,600 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202502644

Indiana Regional MLS

APN: 18-11-14-331-043.000-003