2400 N Reserve St Muncie, IN 47303
Cowing Park Neighborhood
3
Beds
1
Bath
1,040
Sq Ft
0.25
Acres
About This Home
As of April 2022Close to BSU, Minnetrista and Shopping in the Cowing Park subdivision. Long term renter over 10 years on month-to-month lease with rents of $600/mo. 3 bed, 1 bath ranch with a 1 car detached garage and over 1000 sq. ft. of living space. Newer Roof. Perfect for an investor or someone wanting to make this house their home.
Home Details
Home Type
Single Family
Est. Annual Taxes
$414
Year Built
1951
Lot Details
0
Parking
1
Listing Details
- Class: RESIDENTIAL
- Property Sub Type: Site-Built Home
- Year Built: 1951
- Age: 70
- Style: One Story
- Architectural Style: Ranch
- Total Number of Rooms: 6
- Bedrooms: 3
- Number Above Grade Bedrooms: 3
- Total Bathrooms: 1
- Total Full Bathrooms: 1
- Legal Description: COWING PARK ADD 0.0000ACRES STR: 042010 IN: 17 OUT:
- Parcel Number ID: 18-11-04-403-005.000-003
- Platted: Yes
- Amenities: Dryer Hook Up Electric, Eat-In Kitchen, Porch Covered, Main Floor Laundry, Washer Hook-Up
- Investment Property: Yes
- Location: City/Town/Suburb, Near College Campus
- Sp Lp Percent: 81.8
- Year Taxes Payable: 2021
- Special Features: None
- Stories: 1
Interior Features
- Total Sq Ft: 1040
- Total Finished Sq Ft: 1040
- Above Grade Finished Sq Ft: 1040
- Price Per Sq Ft: 47.12
- Basement Foundation: Slab
- Living Great Room: Dimensions: 13x15, On Level: Main
- Kitchen: Dimensions: 10x11, On Level: Main
- Bedroom 1: Dimensions: 9x10, On Level: Main
- Bedroom 2: Dimensions: 8x12, On Level: Main
- Bedroom 3: Dimensions: 10x10, On Level: Main
- Number of Main Level Full Bathrooms: 1
Exterior Features
- Exterior: Vinyl
- Roof Material: Asphalt, Shingle
- Outbuilding1: None
Garage/Parking
- Garage Type: Detached
- Garage Number Of Cars: 1
- Garage Size: Dimensions: 12x22
- Garage Sq Ft: 264
- Garage: Yes
Utilities
- Cooling: Central Air
- Heating Fuel: Gas, Forced Air
- Sewer: City
- Water Utilities: City
- Laundry: Dimensions: Mainx10, On Level: 10
Schools
- School District: Muncie Community Schools
- Elementary School: Northview
- Middle School: Northside
- High School: Central
- Elementary School: Northview
Lot Info
- Lot Description: Level
- Lot Dimensions: 75x150
- Estimated Lot Sq Ft: 11100
- Estimated Lot Size Acres: 0.2548
Tax Info
- Annual Taxes: 1048
MLS Schools
- High School: Central
- Middle School: Northside
- School District: Muncie Community Schools
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2021
Closed on
Apr 20, 2022
Sold by
Munib Ibric
Bought by
Cale Katlyn and Stephens Logan
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Rich Lee
RE/MAX Real Estate Groups
List Price
$109,999
Sold Price
$99,000
Premium/Discount to List
-$10,999
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,171
Avg. Annual Appreciation
3.00%
Original Mortgage
$97,206
Outstanding Balance
$92,428
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$16,681
Purchase Details
Listed on
Aug 2, 2021
Closed on
Aug 20, 2021
Sold by
Shreve Brett
Bought by
Ibric Munib
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.26%
Similar Homes in Muncie, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $99,000 | Wesley James R | |
| Warranty Deed | $49,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $97,206 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $99,000 | -1.0% | $95 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/07/2022 03/07/22 | Price Changed | $99,999 | -4.8% | $96 / Sq Ft |
| 02/18/2022 02/18/22 | Price Changed | $104,999 | -4.5% | $101 / Sq Ft |
| 02/11/2022 02/11/22 | For Sale | $109,999 | 0.0% | $106 / Sq Ft |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | Price Changed | $109,999 | -4.3% | $106 / Sq Ft |
| 01/13/2022 01/13/22 | Price Changed | $114,900 | -2.5% | $110 / Sq Ft |
| 01/10/2022 01/10/22 | Price Changed | $117,900 | -1.8% | $113 / Sq Ft |
| 12/28/2021 12/28/21 | For Sale | $120,000 | +144.9% | $115 / Sq Ft |
| 08/23/2021 08/23/21 | Sold | $49,000 | -18.2% | $47 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $59,900 | -- | $58 / 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 | $414 | $70,100 | $13,000 | $57,100 |
| 2023 | $809 | $70,100 | $13,000 | $57,100 |
| 2022 | $570 | $47,900 | $13,000 | $34,900 |
| 2021 | $638 | $52,000 | $15,500 | $36,500 |
| 2020 | $1,393 | $46,500 | $15,500 | $31,000 |
| 2019 | $1,048 | $46,500 | $15,500 | $31,000 |
| 2018 | $1,204 | $54,300 | $15,500 | $38,800 |
| 2017 | $1,160 | $52,100 | $14,000 | $38,100 |
| 2016 | $1,110 | $49,600 | $13,300 | $36,300 |
| 2014 | $865 | $40,600 | $13,300 | $27,300 |
| 2013 | -- | $40,200 | $13,300 | $26,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Mark Kelly
Berkshire Hathaway Indiana Realty
(765) 744-7060
3 in this area
77 Total Sales
-
Buyer's Agent in 2022
Rich Lee
RE/MAX
(765) 744-9951
2 in this area
212 Total Sales
-
Seller's Agent in 2021
Heather Clemmons
Starr Real Estate LLC
(765) 288-1711
5 in this area
495 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202131352
APN: 18-11-04-403-005.000-003
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