NOT LISTED FOR SALE

2400 E 29th St Muncie, IN 47302

Estimated Value: $682,134

39 Acres
$17,491 Price per Acre
1,698,840 Sq Ft Lot

Sale Details

Date Sold: January 18, 2023

Last sale price $560,000

Est. 22% increase in value since last sale

Current estimated payment $3,835 / mo

47 Days on Market

About This Lot

As of January 2023

39 acres of prime ground within Muncie city limits! Great opportunity for potential development land. Located near US Highway 35, State Road 3, and State Road 67.

Last Agent to Sell the Property

Russell Harmeyer

Halderman - Harmeyer Real Est License #RB14047000 Listed on: 11/21/2022

Last Buyer's Agent

Russell Harmeyer

Halderman - Harmeyer Real Est License #RB14047000 Listed on: 11/21/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,110

Lot Details

  • 39

Additional Features

  • 39 Acre Lot
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Auction
  • Tax Lot 18112612
  • Assessor Parcel Number 18-11-26-126-001.000-003

Property Details

Property Type

Land

Est. Annual Taxes

$1,110

Lot Details

39 Acres

Listing Details

  • Type: Agric Land,Undeveloped
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Lot Size Acres: 39
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Auction
  • MBR_AttributionContact: rustyh@halderman.com
  • Special Features: Auction

Interior Features

  • SqFt Total: 0

Exterior Features

  • Disclosures: Not Applicable
  • Topography: Level
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Development Status: Not Applicable
  • Lot Size Sq Ft: 1698840
  • Parcel Number: 18-11-26-126-001.000-003
  • Zoning: Variety Business/R5
  • Acres: >20 Acres
  • Land Characteristics: City,Corner,Rectangle
  • Present Zoning: Commercial,Multi-Fam

Tax Info

  • Tax Annual Amount: 1110
  • Tax Lot: 18112612
  • Semi Annual Property Tax Amt: 555
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 11, 2023
Sold by
Bes Development Inc
Bought by
Spegal Christopher J and Spegal Tammy L
Seller's Agent
Russell Harmeyer
Halderman - Harmeyer Real Est
Buyer's Agent
Russell Harmeyer
Halderman - Harmeyer Real Est
List Price
$40,000
Sold Price
$560,000
Premium/Discount to List
$520,000
1300%
Current Estimated Value
$682,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,134
Avg. Annual Appreciation
6.30%
Original Mortgage
$337,800
Outstanding Balance
$309,636
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$372,498
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Spegal Christopher J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spegal Christopher J $337,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Sold $560,000 +1300.0% --
01/08/2023 01/08/23 Pending -- -- --
11/21/2022 11/21/22 For Sale $40,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $1,931 $87,900 $87,900 $0
2024 $1,931 $94,600 $94,600 $0
2023 $1,615 $78,800 $78,800 $0
2022 $1,283 $62,200 $62,200 $0
2021 $1,109 $53,500 $53,500 $0
2020 $1,087 $52,400 $52,400 $0
2019 $1,317 $63,900 $63,900 $0
2018 $1,357 $65,900 $65,900 $0
2017 $1,553 $75,700 $75,700 $0
2016 $1,643 $80,200 $80,200 $0
2014 $1,717 $83,900 $83,900 $0
2013 -- $72,000 $72,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21891083

MIBOR Broker Listing Cooperative®

APN: 18-11-26-126-001.000-003

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