2804 N Kaster Ct Muncie, IN 47304
Lantern-Pearwood-Keller Neighborhood
4
Beds
2
Baths
1,874
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- Cul-De-Sac
- Partially Carpeted
- Pleasant View Elementary School Rated A-
- Forced Air Heating and Cooling System
- Community Storage Space
About This Home
As of March 2024Fully Leased @ $1,450/ mo. -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. Leases extend through Feb '21 and July '21.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,706
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
Flooring
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
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
Pet Policy
- Pet Restriction
Building Details
- 2 Separate Electric Meters
- 2 Separate Water Meters
- Insurance Expense $1,080
- Maintenance Expense $400
- Water Sewer Expense $1,200
Additional Features
- 2 Units
- Community Storage Space
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,360
Avg. Annual Appreciation
31.68%
Original Mortgage
$77,000
Outstanding Balance
$76,083
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$85,171
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
Similar Homes in Muncie, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $110,000 | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $77,000 | New Conventional | |
| Previous Owner | $86,400 | New Conventional | |
| Previous Owner | $150,400 | Future Advance Clause Open End Mortgage |
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
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
-
Seller's Agent in 2024
Jeremy Smith
Smith Real Estate
(765) 717-0265
3 in this area
38 Total Sales
-
Seller Co-Listing Agent in 2020
Clairissa Berry
Smith Real Estate
(765) 748-8546
2 in this area
28 Total Sales
-
Seller's Agent in 2019
Ryan Kramer
RE/MAX
(765) 717-2489
3 in this area
586 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202021925
APN: 18-10-01-253-001.000-036
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