2617 E 8th St Muncie, IN 47302
Southeast Muncie NeighborhoodEstimated Value: $75,000 - $93,000
2
Beds
1
Bath
784
Sq Ft
$109/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%
Total Days on Market
90
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
$30,320
Avg. Annual Appreciation
8.37%
Original Mortgage
$54,003
Outstanding Balance
$48,751
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$35,590
Create a Home Valuation Report for This Property
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Similar Homes in Muncie, IN
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Seller's Agent in 2020
Michael Lambert
Leading Home Realty
(765) 717-4723
1 in this area
161 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201934027
APN: 18-11-14-452-015.000-003
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