$358,000
SOLD APR 30, 2025
15 Beds
7 Baths
832 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

10% Below List Price

64 Days on Market

Highlights

  • Multiple cooling system units
  • Level Lot
  • 1-Story Property

About This Home

As of April 2025

Sale includes the following properties; 1205 E Memorial Dr - 1207 E Memorial Dr - 1415 S Jefferson St - 2020 S Walling Ave - 2321 N Macedonia Ave - 3104 S Vine St - 3106 S Hackley St Grossing $5,880/month, this package would be a great addition to your portfolio. Can be packaged with 1705 W 9th Package (202504761) 2900 S Elm (202504757) 1109 E 8th (202504745)

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Brokerage Phone: 765-717-2489 Listed on: 02/12/2025

RE/MAX Real Estate Groups

Last Buyer's Agent

Skyler Southern

Golden Sky Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,753

Year Built

  • Built in 1925

Lot Details

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

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 7 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

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

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 18-11-22-383-002.000-003

Community Details

Overview

  • 7 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,753

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1925
  • Age: 100
  • Style: One Story
  • Bedrooms: 15
  • Number Above Grade Bedrooms: 15
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: SUB WAT PR TR BLK 306 LOT 15
  • Parcel Number ID: 18-11-22-383-002.000-003
  • Platted: Yes
  • Sp Lp Percent: 89.52
  • Monthly Gross Income: 5880
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 832
  • Total Finished Sq Ft: 832
  • Above Grade Finished Sq Ft: 832
  • Price Per Sq Ft: 430.29
  • Basement Foundation: Crawl, Full Basement
  • Main Level Sq Ft: 832

Exterior Features

  • Stories: 1

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 5880
  • Number Of Units: 7
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 4
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 5753

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
Feb 12, 2025
Closed on
Apr 29, 2025
Sold by
Foglio Capital Llc
Bought by
Rentovation Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Skyler Southern
Golden Sky Management
List Price
$399,900
Sold Price
$358,000
Premium/Discount to List
-$41,900
-10.48%
Views
19
Current Estimated Value
$243,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,593
Avg. Annual Appreciation
-98.71%

Purchase Details

Closed on
Aug 12, 2019
Sold by
White Marsha K
Bought by
White Marsha K and Janney Kerry

Purchase Details

Closed on
Mar 27, 2019
Sold by
White Marsha K
Bought by
White Marsha K

Purchase Details

Closed on
Jul 14, 2010
Sold by
White Charles T
Bought by
White Charles T and White Marsha

Purchase Details

Closed on
Mar 3, 2005
Sold by
White Charles T and White Antonetta
Bought by
White Charles T
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $358,000 -10.5% $430 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $399,900 0.0% $481 / Sq Ft
04/14/2025 04/14/25 Price Changed $399,900 -38.5% $481 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $650,000 -- $781 / 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 $976 $42,900 $5,100 $37,800
2023 $966 $42,400 $4,600 $37,800
2022 $918 $40,000 $4,600 $35,400
2021 $794 $33,800 $5,000 $28,800
2020 $680 $28,100 $4,200 $23,900
2019 $710 $29,600 $4,500 $25,100
2018 $710 $29,600 $4,500 $25,100
2017 $700 $29,100 $4,200 $24,900
2016 $700 $29,100 $4,200 $24,900
2014 $597 $27,200 $4,200 $23,000
2013 -- $26,900 $4,200 $22,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202504759

Indiana Regional MLS

APN: 18-11-22-383-002.000-003