NOT LISTED FOR SALE

301 S Walnut St Unit 305 Muncie, IN 47305

Downtown Muncie Neighborhood

Estimated Value: $154,165 - $193,000

2 Beds
2 Baths
1,271 Sq Ft
$229/mo HOA Fee

Last Sold May 17, 2016

Last sale price $94,000 $74 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,221/month

11 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Double Vanity
  • Backs to Open Ground
  • Intercom
  • 3-minute walk to Delaware County Plaza Green & Veterans Memorial

About This Home

As of May 2016

CITY dwellers rejoice! Sleek but practical vibrant downtown condo community is surrounded by coffee shops, restaurants, pubs and shops. Once a furniture store, the converted Lofts provide a trendy & friendly atmosphere of carefree condo living with controlled access and professional management. This condo unit has lots of open flexible space to arrange for your personal lifestyle. Main level has soaring ceilings and huge windows to fill the whole home with natural light. Very bright and spacious living room beyond the entry has full wall of windows and can serve as second bedroom with full bath and laundry nextdoor. Dining room is confluent to kitchen & family room. Attractive fully equipped kitchen has lovely cabinetry and all appliances: electric range, microwave hood, refrigerator, & dishwasher. New kitchen lighting and high shelves to display collectibles were recently added. There is a breakfast/conversation bar between the family room and kitchen which also provides extra counter space. Across the bar in the large bright family room high walls and good light provide great space for art & wall hangings. Family room has stairway to loft which features the large master bedroom, full bathroom with new light and new 18x8ft walk-in closet. New Pergo floors have just been installed in both bathrooms and the new walk-in closet while remaining floors are hardwood. Accent walls have been very recently painted. Windows are very nice and do open. Pets are allowed at the Lofts & downtown is a wonderful place for dog walking. The Lofts have private secure underground parking and additional storage units for each condo. Enjoy dining, theater, art galleries, YMCA, outdoor concerts, public transportation and more right in your neighborhood! Seller hates to leave this wonderful home but is moving out of town.

Last Agent to Sell the Property

Donna Polcz

RE/MAX Real Estate Groups Listed on: 03/31/2016

RE/MAX Real Estate Groups

Last Buyer's Agent

Mark Covault

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $998

Year Built

  • Built in 1970

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,271 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Pocket Doors
  • Intercom

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Backs to Open Ground
  • Suburban Location

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 18-11-16-233-007.305-003

Property Details

Home Type

Condominium

Est. Annual Taxes

$998

Year Built

Built in 1970

Lot Details

0

HOA Fees

$229 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1970
  • Age: 46
  • Style: Multi-Story (3+)
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: The Lofts #305
  • Parcel Number ID: 18-11-16-233-007.305-003
  • Platted: Yes
  • Amenities: Cable Available, Ceiling-9+, Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Intercom, Open Floor Plan, Pocket Doors, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.95
  • Special Features: None

Interior Features

  • Total Sq Ft: 1271
  • Total Finished Sq Ft: 1271
  • Above Grade Finished Sq Ft: 1271
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Tile
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Family Room: Dimensions: 12x18, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Stone
  • Roof Material: Rolled, Rubber
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x10
  • Garage Sq Ft: 100

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Indiana American Water Co

Condo/Co-op/Association

  • Association Fees: 229
  • Association Fees Frequency: Monthly

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Lot Info

  • Lot Description: Level

Tax Info

  • Annual Taxes: 998
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 17, 2016
Sold by
Douthitt Melinda B
Bought by
Beasley Robert C and Campbell Rhonda K
Seller's Agent
Donna Polcz
RE/MAX Real Estate Groups
Buyer's Agent
Mark Covault
F.C. Tucker Muncie, REALTORS
List Price
$95,000
Sold Price
$94,000
Premium/Discount to List
-$1,000
-1.05%
Current Estimated Value
$170,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,541
Avg. Annual Appreciation
4.44%
Original Mortgage
$64,000
Outstanding Balance
$51,518
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$89,704

Purchase Details

Closed on
May 1, 2015
Sold by
Cohen Jeffrey L
Bought by
Douthitt Mellinda B

Purchase Details

Closed on
Feb 14, 2014
Sold by
Terhune Nicholas Robert
Bought by
Cohen Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2007
Sold by
Mitchell Place Llc
Bought by
Terhune Nicolas Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Beasley Robert C -- --
Douthitt Mellinda B -- --
Cohen Jeffrey L -- --
Terhune Nicolas Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Robert C $64,000
Previous Owner Cohen Jeffrey L $67,200
Previous Owner Terhune Nicolas Robert $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $94,000 -1.1% $74 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $95,000 -- $75 / 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 $1,055 $94,700 $16,400 $78,300
2023 $1,055 $94,700 $16,400 $78,300
2022 $1,055 $94,700 $16,400 $78,300
2021 $1,041 $93,300 $15,000 $78,300
2020 $1,041 $93,300 $15,000 $78,300
2019 $1,041 $93,300 $15,000 $78,300
2018 $1,041 $93,300 $15,000 $78,300
2017 $980 $87,200 $15,000 $72,200
2016 $980 $87,200 $15,000 $72,200
2014 $969 $92,600 $15,000 $77,600
2013 -- $92,600 $15,000 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201613377

Indiana Regional MLS

APN: 18-11-16-233-007.305-003