NOT LISTED FOR SALE

Estimated Value: $90,000 - $227,000

2 Beds
1 Bath
672 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $23,500 $35 Per Sq Ft

Est. 659% increase in value since last sale

Current estimated payment $1,022/month

227 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 1-Story Property
  • Shed

About This Home

As of August 2020

Property apart of a package and to be purchased with 2105 N Janney Ave, 1608 W 9th St, and 1515 W 14th St. Seller IS willing to sell properties individually. Currently rented out for $550/month with tenants paying all of their own utilities. Current lease ending date 10/30/2020. New vinyl windows in 2018 and backyard is fenced in.

Last Agent to Sell the Property

Clairissa Berry

Smith Real Estate Listed on: 12/09/2019

Co-Listed By

Jeremy Smith

Smith Real Estate

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Vinyl Fence
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Southview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 18-11-22-314-005.000-003

Community Details

Overview

  • Galliher Subdivision

Building Details

  • Insurance Expense $612
  • Water Sewer Expense $27

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$549

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1952
  • Age: 68
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SUB WAT AND PR TR BLK 283 LOT 11
  • Parcel Number ID: 18-11-22-314-005.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.36
  • Monthly Gross Income: 550
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 672
  • Total Finished Sq Ft: 672
  • Above Grade Finished Sq Ft: 672
  • Price Per Sq Ft: 34.97
  • Basement Foundation: Crawl
  • Flooring: Mixed, Wood
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Fence: Vinyl
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 612
  • Annual Water Sewer Expense: 27.23
  • Number Of W D Hookups: 1

Schools

  • School District: Muncie Community Schools
  • Elementary School: Southview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Southview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Heating

Multi Family

  • Gross Monthly Rent: 550
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 549

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Mays Curtis L and Mays Wendy L
Bought by
Jacar Investments Llc
Current Estimated Value
$178,333

Purchase Details

Listed on
Dec 9, 2019
Closed on
Aug 13, 2020
Sold by
Home Time Properties Llc
Bought by
Mays Curtis L and Mays Wendy L
Seller's Agent
Clairissa Berry
Smith Real Estate
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$26,900
Sold Price
$23,500
Premium/Discount to List
-$3,400
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.71%

Purchase Details

Closed on
Oct 4, 2017
Sold by
Moore Matthew
Bought by
Hometimes Properties Llc
Source: Public Records

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
Jacar Investments Llc $40,000 Chicago Title
Mays Curtis L -- None Available
Hometimes Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mays Curtis Lee $18,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $23,500 0.0% $35 / Sq Ft
08/11/2020 08/11/20 Off Market $23,500 -- --
07/13/2020 07/13/20 For Sale $26,900 +14.5% $40 / Sq Ft
07/11/2020 07/11/20 Off Market $23,500 -- --
06/10/2020 06/10/20 For Sale $26,900 +14.5% $40 / Sq Ft
06/10/2020 06/10/20 Off Market $23,500 -- --
05/21/2020 05/21/20 Price Changed $26,900 -6.9% $40 / Sq Ft
12/09/2019 12/09/19 For Sale $28,900 -- $43 / 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 $614 $24,800 $5,200 $19,600
2023 $535 $20,800 $4,400 $16,400
2022 $541 $21,100 $4,400 $16,700
2021 $553 $21,700 $5,000 $16,700
2020 $515 $19,800 $5,000 $14,800
2019 $515 $19,800 $5,000 $14,800
2018 $547 $21,400 $5,500 $15,900
2017 $577 $22,900 $6,100 $16,800
2016 $577 $22,900 $6,100 $16,800
2014 $559 $25,200 $6,700 $18,500
2013 -- $25,000 $6,700 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201952347

Indiana Regional MLS

APN: 18-11-22-314-005.000-003