NOT LISTED FOR SALE

2804 N Kaster Ct Muncie, IN 47304

Lantern-Pearwood-Keller Neighborhood

Estimated Value: $113,600 - $173,000

4 Beds
2 Baths
1,874 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 11, 2024

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

Est. 34% increase in value since last sale

Current estimated payment $990/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 Listed By

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
Total Days on Market
0
Views
11
Current Estimated Value
$147,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,150
Avg. Annual Appreciation
28.23%
Original Mortgage
$77,000
Outstanding Balance
$76,083
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$71,067

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

Range of Values:

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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
Matsuoka Miguel $110,000 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
Previous Owner J W T Properties Inc $150,400
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

  • Jeremy Smith

    Seller's Agent in 2024

    Jeremy Smith

    Smith Real Estate

    (765) 717-0265

    3 in this area

    39 Total Sales

    Jeremy Smith
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    Seller Co-Listing Agent in 2020

    Clairissa Berry

    Smith Real Estate

    (765) 748-8546

    2 in this area

    29 Total Sales

    Clairissa Berry
    Section Image
  • Ryan Kramer

    Seller's Agent in 2019

    Ryan Kramer

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    (765) 717-2489

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Map

Source: Indiana Regional MLS

MLS Number: 202403412

Indiana Regional MLS

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

Indiana Delaware County Muncie 47304 Lantern-Pearwood-Keller

2804 N Kaster Ct, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 2804 N Kaster Ct, Muncie, IN 47304 since 01 February 2024 and is currently estimated at $147,150, approximately $78 per square foot. This property was built in 1974. 2804 N Kaster Ct is a home located in Delaware County with nearby schools including Pleasant View Elementary School, Yorktown Elementary School, and Yorktown Middle School.

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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