NOT LISTED FOR SALE

301 S Walnut St Unit 308 Muncie, IN 47305

Downtown Muncie Neighborhood

Estimated Value: $171,886 - $221,000

2 Beds
2 Baths
1,498 Sq Ft
$373/mo HOA Fee

Last Sold July 12, 2022

Last sale price $165,000 $110 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,554/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Walk-In Closet
  • 3-minute walk to Delaware County Plaza Green & Veterans Memorial

About This Home

As of July 2022

Enjoy downtown living! Rarely on the market, now is the chance to purchase a beautiful Mitchell Place Loft! This is the largest unit in the building and is totally move in ready. It features soaring ceiling heights, large exposed metal beams, and gleaming hardwood floors. It offers great views, looking out over Charles and High street. This unit has a versatile space with kitchen with breakfast bar with room for 2 stools. There are 2 large living spaces which could be dining/ living room, or living room / family room, the possibilities are endless! The primary bedroom is large with a spacious closet and attached bath. The second floor has a cozy loft with the second floor bath. Mitchell Place is a secure building with access from Walnut St. and underground parking via the parking elevator. The 3 story building has elevator access to all floors. This building offers low maintenance living with easy access to all the dining, shopping, and events downtown. Assoc dues are $372.82 per month.

Last Listed By

Rebekah Hanna

RE/MAX Real Estate Groups Listed on: 05/20/2022

RE/MAX Real Estate Groups

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1970

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,498 Sq Ft Home
  • Ceiling height of 9 feet or more

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Additional Features

  • Historic Home
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • The Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-16-233-007.308-003

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,338

Year Built

Built in 1970

Lot Details

0

HOA Fees

$373 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1970
  • Age: 52
  • Architectural Style: Historic, Lofted
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THE LOFTS - UNIT 308
  • Parcel Number ID: 18-11-16-233-007.308-003
  • Platted: Yes
  • Amenities: Ceiling-9+, Closet(s) Walk-in, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1498
  • Total Finished Sq Ft: 1498
  • Above Grade Finished Sq Ft: 1498
  • Price Per Sq Ft: 110.15
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 11x17, On Level: Main
  • Kitchen: Dimensions: 9x10, On Level: Main
  • Dining Room: Dimensions: 17x18, On Level: Main
  • Bedroom 1: Dimensions: 12x20, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x11
  • Garage Sq Ft: 220
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.

Condo/Co-op/Association

  • Association Fees: 372.82
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Lot Description: Level

Tax Info

  • Annual Taxes: 1338
  • Total Assessed Value: 124400
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 12, 2022
Sold by
Grouling Snider Eva
Bought by
Smithson Jenny J
Seller's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
Buyer's Agent
Kat Blankenbaker
With the Keys Realty
List Price
$165,000
Sold Price
$165,000
Total Days on Market
3
Current Estimated Value
$192,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,722
Avg. Annual Appreciation
5.66%
Original Mortgage
$148,500
Outstanding Balance
$142,298
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$50,424

Purchase Details

Closed on
Jun 30, 2017
Sold by
Kelsey Matthew L
Bought by
Voran Properties Llc

Purchase Details

Closed on
Mar 20, 2012
Sold by
Salmon Michelle C
Bought by
Kelsey Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,355
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2007
Sold by
Lofts At Mitchell Place Llc
Bought by
Salmon Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,025
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

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
Smithson Jenny J $165,000 Smith James W
Voran Properties Llc -- --
Kelsey Matthew L -- Itic
Salmon Michelle C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smithson Jenny J $148,500
Previous Owner Snider Eva Grouling $92,000
Previous Owner Voran Properties Llc $99,000
Previous Owner Kelsey Matthew L $9,355
Previous Owner Kelsey Matthew L $75,600
Previous Owner Salmon Michelle C $20,025
Previous Owner Salmon Michelle C $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $165,000 0.0% $110 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $165,000 -- $110 / 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 $1,352 $124,400 $16,400 $108,000
2023 $1,352 $124,400 $16,400 $108,000
2022 $1,352 $124,400 $16,400 $108,000
2021 $1,338 $123,000 $15,000 $108,000
2020 $1,338 $123,000 $15,000 $108,000
2019 $1,338 $123,000 $15,000 $108,000
2018 $1,338 $123,000 $15,000 $108,000
2017 $2,400 $114,600 $15,000 $99,600
2016 $2,400 $114,600 $15,000 $99,600
2014 $1,264 $122,100 $15,000 $107,100
2013 -- $122,100 $15,000 $107,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202219389

Indiana Regional MLS

APN: 18-11-16-233-007.308-003