NOT LISTED FOR SALE

2412 W 11th St Muncie, IN 47302

Forest Park Neighborhood

Estimated Value: $70,000 - $101,000

3 Beds
1 Bath
1,152 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $25,000 $22 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $526/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • Forced Air Heating System
  • Lot Has A Rolling Slope
  • Laundry in Utility Room
  • Partially Carpeted
  • 1-Story Property

About This Home

As of July 2019

Good solid investment house in quiet neighborhood. Tenant wants to stay! 3 Bedroom, 1 Bath, on a wooded hillside lot with a nice shed. $575/mo rent.

Last Agent to Sell the Property

Michael Dunn

MADUNN.COM Listed on: 06/10/2019

Last Buyer's Agent

Daniel Norton

CPC Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Insurance Expense $800
  • Maintenance Expense $750

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, sewer, trash collection, water
  • Assessor Parcel Number 18-11-17-457-016.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$566

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1929
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ROCHESTER & UTICA LAND CO Addition to the City of Muncie BLOCK 28 LOT 15
  • Parcel Number ID: 18-11-17-457-016.000-003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1152
  • Total Finished Sq Ft: 1152
  • Above Grade Finished Sq Ft: 1152
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Part Carpet, Vinyl
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 750
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Westview

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 40 x 125
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 566

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Larry Ottoson
Bought by
Otto & Sons Llc
Current Estimated Value
$82,945

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 19, 2019
Sold by
Cliff Joseph A
Bought by
Ottoson Larry
Seller's Agent
Michael Dunn
MADUNN.COM
Buyer's Agent
Daniel Norton
CPC Real Estate, LLC
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%

Purchase Details

Closed on
Jun 13, 2018
Sold by
Cliff Joseph and Cliff Marlene
Bought by
Cliff Joseph A and Marlene C Cliff

Purchase Details

Closed on
Dec 19, 2014
Sold by
Knotts Kevin Lee
Bought by
Cliff Joseph and Cliff Marlene

Purchase Details

Closed on
May 7, 2014
Sold by
Knotts Joleen
Bought by
Knotts Kevin Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Otto & Sons Llc -- None Listed On Document
Ottoson Larry -- None Available
Cliff Joseph A -- None Available
Cliff Joseph -- Young Title
Knotts Kevin Lee -- Youngs Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2019 07/22/19 Sold $25,000 -16.4% $22 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $29,900 -- $26 / 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 $1,076 $48,400 $6,800 $41,600
2023 $919 $40,300 $5,600 $34,700
2022 $786 $33,700 $5,600 $28,100
2021 $718 $30,300 $4,500 $25,800
2020 $631 $26,000 $4,500 $21,500
2019 $519 $20,400 $4,500 $15,900
2018 $566 $22,700 $5,000 $17,700
2017 $589 $23,900 $6,600 $17,300
2016 $630 $25,900 $7,400 $18,500
2014 $557 $25,500 $7,400 $18,100
2013 -- $25,300 $7,400 $17,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Dunn

    MADUNN.COM

    (765) 749-5342

    1 in this area

    50 Total Sales

    Michael Dunn
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel Norton

    CPC Real Estate, LLC

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201923723

Indiana Regional MLS

APN: 18-11-17-457-016.000-003

Indiana Delaware County Muncie 47302 Forest Park

2412 W 11th St, Muncie, IN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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