NOT LISTED FOR SALE

3009 N Reserve St Muncie, IN 47303

Cowing Park Neighborhood

Estimated Value: $63,000 - $103,000

2 Beds
1 Bath
816 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $55,000 $67 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $564/month

4 Days on Market

Highlights

  • 0.51 Acre Lot
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of September 2024

This property has a ton of potential. Located next to Starbucks and Raising Cain's, this property is 3 lots and totals around .50 acres. The house is 816 SF, has 2 bedrooms and a bath. As you can see from the photographs, this house will need a total remodel. The previous tenant lost power on a very cold winter day and the pipes burst and flooded the house. The owner then spent thousands of dollars correcting the issue and rebuilt the floor joists. The home has a large detached garage with a concrete floor. The furnace is newer. You could easily build other structures on the extra lots.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Brokerage Phone: 317-701-5006 Listed on: 09/04/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Michael Dunn

MADUNN.COM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1939

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150x150
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Location

  • Suburban Location

Schools

  • Northview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • North Crest / Northcrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-04-252-013.000-003
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,158

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1939
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Northcrest Addition Lot 57,58,& 59
  • Parcel Number ID: 18-11-04-252-013.000-003
  • Platted: Yes
  • Amenities: Cable Available, Sump Pump
  • Cross Street: McGalliard
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 816
  • Total Finished Sq Ft: 816
  • Above Grade Finished Sq Ft: 816
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 18x11, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Main Level Sq Ft: 816
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x25
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast, AT&T
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Mainx11, On Level: 12

Schools

  • Elementary School: Northview

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 150x150
  • Estimated Lot Sq Ft: 22216
  • Estimated Lot Size Acres: 0.51

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1158

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Sep 27, 2024
Sold by
Trust Agreement Of Patricia A Rhoads and Rhoads Patricia A
Bought by
Gurmeher Llc
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Michael Dunn
MADUNN.COM
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Views
8
Current Estimated Value
$88,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,369
Avg. Annual Appreciation
51.03%

Purchase Details

Closed on
Sep 23, 2021
Sold by
Rhoads Patricia A
Bought by
Rhoads Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gurmeher Llc $55,000 None Listed On Document
Rhoads Patricia A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $55,000 -21.3% $67 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $69,900 -- $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 $1,164 $61,900 $12,400 $49,500
2023 $1,158 $52,000 $12,400 $39,600
2022 $1,168 $57,400 $12,400 $45,000
2021 $996 $43,900 $8,200 $35,700
2020 $996 $43,900 $8,200 $35,700
2019 $996 $43,900 $8,200 $35,700
2018 $1,056 $46,900 $8,700 $38,200
2017 $996 $43,900 $7,900 $36,000
2016 $952 $41,700 $7,500 $34,200
2014 $815 $38,100 $7,500 $30,600
2013 -- $37,800 $7,500 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Steve Slavin

    Seller's Agent in 2024

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    5 in this area

    426 Total Sales

    Steve Slavin
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Dunn

    MADUNN.COM

    (765) 749-5342

    1 in this area

    52 Total Sales

    Michael Dunn
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202433914

Indiana Regional MLS

APN: 18-11-04-252-013.000-003

Indiana Delaware County Muncie 47303 Cowing Park

3009 N Reserve St, Muncie, IN

Not Listed for Sale

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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