NOT LISTED FOR SALE

Estimated Value: $136,000 - $177,536

4 Beds
2 Baths
1,874 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $110,000 $59 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,040/month

Highlights

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Pleasant View Elementary School Rated A-
  • Laundry closet
  • Partially Carpeted

About This Home

As of March 2024

Excellent investment opportunity in Muncie's near west side and Yorktown Schools. Great location on nearly 1/2 acre @ end of cul-de-sac and adjacent to McGalliard Road and Muncie's commercial business district. 2 unit, 2 bedroom duplex. Several new upgrades and subsequent rent increases. Exterior storage closets on front porches.

Last Agent to Sell the Property

Jeremy Smith

Smith Real Estate Brokerage Phone: 765-717-0265 Listed on: 02/01/2024

Last Buyer's Agent

Jeremy Smith

Smith Real Estate Brokerage Phone: 765-717-0265 Listed on: 02/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1974

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 223
  • Cul-De-Sac

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, water, deposit value
  • The owner pays for building insurance, lawn maintenance, sewer, trash collection
  • Assessor Parcel Number 18-10-01-253-001.000-036

Community Details

Overview

  • 2 Units
  • Keller West Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,862

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Age: 50
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Keller West Lot 8
  • Parcel Number ID: 18-10-01-253-001.000-036
  • Platted: Yes
  • Amenities: Storage
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1550
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1874
  • Total Finished Sq Ft: 1874
  • Above Grade Finished Sq Ft: 1874
  • Price Per Sq Ft: 58.7
  • Basement Foundation: Slab
  • Flooring: Laminate, Mixed, Part Carpet
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Wood
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Number Electric Meters: 2
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Yorktown Community Schools
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)
  • Middle School: Yorktown
  • High School: Yorktown
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 100 x 223
  • Estimated Lot Sq Ft: 20068
  • Estimated Lot Size Acres: 0.4607

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Trash Collection
  • Tenant Pays: Cable, Electric, Water, Deposit Value

Multi Family

  • Gross Monthly Rent: 1550
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1862

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 1, 2024
Sold by
Carreon Antonio O
Bought by
Matsuoka Miguel and Arnedo Marife C
Seller's Agent
Jeremy Smith
Smith Real Estate
Buyer's Agent
Jeremy Smith
Smith Real Estate
List Price
$110,000
Sold Price
$110,000
Views
11
Current Estimated Value
$163,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,384
Avg. Annual Appreciation
28.87%
Original Mortgage
$77,000
Outstanding Balance
$75,712
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$87,672

Purchase Details

Listed on
Jun 12, 2020
Closed on
Nov 11, 2020
Sold by
Veneratio Asset Management Llc
Bought by
Carreon Antonio O
Seller's Agent
Jeremy Smith
Smith Real Estate
Buyer's Agent
Jeremy Smith
Smith Real Estate
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$86,400
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Matsuoka Miguel -- None Listed On Document
Carreon Antonio O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsuoka Miguel $77,000
Previous Owner Carreon Antonio O $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $110,000 0.0% $59 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $110,000 +1.9% $59 / Sq Ft
11/11/2020 11/11/20 Sold $108,000 -6.1% $58 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $115,000 0.0% $61 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $115,000 +32.9% $61 / Sq Ft
01/25/2019 01/25/19 Sold $86,500 -3.8% $46 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $89,900 -- $48 / 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 $2,093 $92,200 $16,800 $75,400
2023 $1,972 $92,200 $16,800 $75,400
2022 $1,990 $93,100 $16,800 $76,300
2021 $1,834 $85,300 $15,600 $69,700
2020 $1,670 $77,100 $15,600 $61,500
2019 $1,710 $79,100 $15,600 $63,500
2018 $1,706 $78,700 $15,600 $63,100
2017 $1,702 $78,500 $15,600 $62,900
2016 $1,822 $84,500 $14,000 $70,500
2014 $1,757 $84,500 $14,000 $70,500
2013 -- $81,700 $14,000 $67,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403412

Indiana Regional MLS

APN: 18-10-01-253-001.000-036