NOT LISTED FOR SALE

Estimated Value: $86,568 - $124,000

6 Beds
2 Baths
2,458 Sq Ft
$42/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $76,000 $31 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $675/month

29 Days on Market

Highlights

  • Laundry in Utility Room
  • Level Lot
  • Vinyl Flooring
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Live in one unit, rent the other. Well maintained duplex; 1 unit up, 1 down. Newer metal roof. Main level unit is vacant and rents for $750-3 bedrooms, 1 bath, laundry, living room, and kitchen. Newer HVAC and water heater. Updated interior-floors, some new windows, updated plumbing, and wiring. Upper unit is occupied with 3 bedrooms, 1 bath. laundry, living rm, kitchen and deck. Newer HVAC and water heater, updated plumbing and wiring.

Last Agent to Sell the Property

Mary Cordle

Berkshire Hathaway Indiana Realty Listed on: 08/12/2021

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,458 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for trash collection, water
  • Assessor Parcel Number 18-11-21-252-009.000-003

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$612

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1954
  • Age: 67
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SW QTR NE QTR 0.1500ACRES STR: 212010 IN: OUT:
  • Parcel Number ID: 18-11-21-252-009.000-003
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Sp Lp Percent: 84.54
  • Monthly Gross Income: 1250
  • Special Features: None

Interior Features

  • Total Sq Ft: 2458
  • Total Finished Sq Ft: 2458
  • Above Grade Finished Sq Ft: 2458
  • Price Per Sq Ft: 30.92
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Unpaved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Muncie Sanitary Dist.
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 500
  • Number Of W D Hookups: 2

Schools

  • School District: Muncie Community Schools

Lot Info

  • Lot Description: Level, Flood Plain
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 1, 2021
Sold by
Johnson Scott
Bought by
Aardvark Rentals Llc
Seller's Agent
Mary Cordle
Berkshire Hathaway Indiana Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%
Current Estimated Value
$104,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,142
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Mar 10, 2015
Sold by
Holland Madonna
Bought by
Johnson Scott
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 Buyer Sale Price Title Company
Aardvark Rentals Llc -- None Available
Johnson Scott $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $76,000 -15.5% $31 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $89,900 -- $37 / 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 $1,176 $52,900 $6,500 $46,400
2023 $1,056 $46,900 $5,400 $41,500
2022 $944 $41,300 $5,400 $35,900
2021 $846 $36,400 $4,200 $32,200
2020 $612 $24,700 $3,000 $21,700
2019 $638 $26,000 $4,300 $21,700
2018 $696 $28,900 $4,800 $24,100
2017 $642 $26,200 $4,400 $21,800
2016 $616 $24,900 $4,200 $20,700
2014 $719 $33,300 $5,200 $28,100
2013 -- $36,900 $5,200 $31,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202133119

Indiana Regional MLS

APN: 18-11-21-252-009.000-003