NOT LISTED FOR SALE

2805-2807 W Skylark Dr Muncie, IN 47304

Estimated Value: $164,000 - $210,000

4 Beds
2 Baths
1,850 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $159,333 $86 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,165/month

7 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Partially Fenced Property
  • Royerton Elementary School Rated A-
  • Patio
  • Level Lot

About This Home

As of June 2022

Seller offering duplex that shows strong return on investment. Located in popular Delta School district, each duplex offers 2BR-2BA, attached one-car garage, separate rear patio areas. All brick exterior, nice sized corner lot and easy access to many amenities including commercial retail areas and major thoroughfares. Also in close proximity to access Cardinal Greenway.

Last Agent to Sell the Property

Kerry Wiggerly

Berkshire Hathaway Indiana Realty Listed on: 04/19/2022

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

James Regester

RE/MAX Realty Professionals

RE/MAX Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1969

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 120x177
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Well
  • Electric Water Heater

Additional Features

  • Patio
  • Suburban Location

Community Details

  • $10 Other Monthly Fees
  • 2 Units
  • Dice Acres Subdivision

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, water softener
  • Assessor Parcel Number 18-07-29-329-003.000-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1969
  • Age: 53
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DICE ACRES - FIRST EXT. - LOT #51
  • Parcel Number ID: 18-07-29-329-003.000-007
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.21
  • Monthly Gross Income: 1360
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1850
  • Total Finished Sq Ft: 1850
  • Above Grade Finished Sq Ft: 1850
  • Price Per Sq Ft: 86.13
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone
  • Roof Material: Shingle
  • Fence: Partial
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Ceiling
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: AEP/I&M

Condo/Co-op/Association

  • Other Fee Description: Storm and ditch
  • Other Fees Dollar: 118

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Royerton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120x177
  • Estimated Lot Sq Ft: 21344
  • Estimated Lot Size Acres: 0.49

Rental Info

  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Water Softener

Multi Family

  • Gross Monthly Rent: 1360
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2600

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 9, 2022
Sold by
Gary West
Bought by
Laid Back Living Inc
Seller's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
Buyer's Agent
James Regester
RE/MAX Realty Professionals
List Price
$159,000
Sold Price
$159,333
Premium/Discount to List
$333
0.21%
Current Estimated Value
$182,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,438
Avg. Annual Appreciation
5.97%
Original Mortgage
$336,000
Outstanding Balance
$156,556
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$33,408
Source: Public Records

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Range of Values:

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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
Laid Back Living Inc $478,000 Wesley James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laid Back Living Inc $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $159,333 +0.2% $86 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $159,000 -- $86 / 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 $2,336 $110,900 $23,300 $87,600
2023 $2,336 $110,900 $23,300 $87,600
2022 $2,356 $111,900 $23,300 $88,600
2021 $2,740 $131,100 $16,200 $114,900
2020 $2,330 $110,600 $14,800 $95,800
2019 $2,300 $109,100 $14,800 $94,300
2018 $2,300 $109,100 $14,800 $94,300
2017 $2,298 $109,000 $16,100 $92,900
2016 $2,184 $103,200 $16,100 $87,100
2014 $2,190 $106,800 $16,100 $90,700
2013 -- $105,800 $16,100 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202213978

Indiana Regional MLS

APN: 18-07-29-329-003.000-007