Seller's Agent in 2020
Michael Lambert
Leading Home Realty
(765) 717-4723
160 Total Sales
2617 E 8th St Muncie, IN 47302
Southeast Muncie NeighborhoodEstimated Value: $78,000 - $93,000
2
Beds
1
Bath
784
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- 0.78 Acre Lot
- Backs to Open Ground
- Bungalow
- Open Floorplan
- Eat-In Kitchen
- Landscaped
About This Home
As of January 2020Very nice 2 bedroom 1 bath home that has an open concept floor plan. The house has been well taken care of! The house has 2 large bedroom with large closets, large living room open to the kitchen and a finished front porch area that would be a great spot for a computer or reading area. Also includes a 1 bedroom apartment that is currently rented for $400 per month. Live in one and rent the other to pay the payment. Outside you will notice a large 2 car garage and a 2 car carport with a large yard. This would be great investment property for 2 rentals or a home owner who wants some addition income to cover living expenses. Two properties included in sale 2617 E 8th St, Muncie IN 47302 2615 E 8th St, Muncie IN 47302
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $839
Year Built
- Built in 1925
Lot Details
- 0.78 Acre Lot
- Lot Dimensions are 97x134x268
- Backs to Open Ground
- Chain Link Fence
- Landscaped
- Level Lot
Home Design
- Bungalow
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Parking
- 2 Car Garage
- Gravel Driveway
- Off-Street Parking
Location
- Suburban Location
Schools
- Grissom Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Tenant pays for electric
- The owner pays for sewer, water
- Assessor Parcel Number 18-11-14-452-015.000-003
Community Details
Overview
- 2 Units
- Nu Ringos Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2019
Closed on
Jan 13, 2020
Sold by
Evans Mary M
Bought by
Williams Reginald C and Williams Carolyn J
Seller's Agent
Michael Lambert
Leading Home Realty
Buyer's Agent
Michael Lambert
Leading Home Realty
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
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
$31,921
Avg. Annual Appreciation
8.05%
Original Mortgage
$54,003
Outstanding Balance
$48,181
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$38,740
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Reginald C | -- | In Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Reginald C | $54,003 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2020 01/13/20 | Sold | $55,000 | -8.2% | $70 / Sq Ft |
| 11/04/2019 11/04/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | Price Changed | $59,900 | -7.7% | $76 / Sq Ft |
| 08/06/2019 08/06/19 | For Sale | $64,900 | -- | $83 / 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 | $839 | $59,100 | $9,900 | $49,200 |
| 2023 | $801 | $54,400 | $8,200 | $46,200 |
| 2022 | $630 | $45,800 | $8,200 | $37,600 |
| 2021 | $651 | $46,000 | $8,100 | $37,900 |
| 2020 | $535 | $38,400 | $6,200 | $32,200 |
| 2019 | $365 | $43,400 | $10,400 | $33,000 |
| 2018 | $373 | $45,400 | $10,900 | $34,500 |
| 2017 | $391 | $47,000 | $12,800 | $34,200 |
| 2016 | $391 | $47,000 | $12,800 | $34,200 |
| 2014 | $510 | $60,500 | $13,300 | $47,200 |
| 2013 | -- | $52,400 | $13,300 | $39,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Lambert
Map
Source: Indiana Regional MLS
MLS Number: 201934027
APN: 18-11-14-452-015.000-003
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