NOT LISTED FOR SALE

3108-3110 W Cypress Dr Muncie, IN 47304

Estimated Value: $168,000 - $231,000

4 Beds
2 Baths
2,508 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $95,000 $38 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,195/month

273 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Level Lot
  • Royerton Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of March 2016

Great investment. Duplex 2 bedrooms each side, large rooms

Last Agent to Sell the Property

Tammy Parker

F.C. Tucker Muncie, REALTORS Listed on: 04/27/2015

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Tammy Parker

F.C. Tucker Muncie, REALTORS Listed on: 04/27/2015

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 92x155
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Radiant Heating System
  • Cistern
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, lawn maintenance, water
  • The owner pays for sewer
  • Assessor Parcel Number 18-07-29-303-007.000-007

Community Details

Overview

  • 2 Units
  • Brewington Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,414
  • Maintenance Expense $500
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,094

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1971
  • Age: 45
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Brewington Park Sec A Lot 16 |
  • Parcel Number ID: 18-07-29-303-007.000-007
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.58
  • Monthly Gross Income: 1260
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2508
  • Total Finished Sq Ft: 2508
  • Above Grade Finished Sq Ft: 2508
  • Price Per Sq Ft: 37.88
  • Basement Foundation: Slab
  • Flooring: Mixed
  • Main Level Sq Ft: 2508
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Ceiling, Radiant
  • Sewer: City
  • Water Utilities: Cistern
  • Annual Insurance Expense: 1414
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 720
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Royerton

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 92x155
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer
  • Tenant Pays: Cable, Cooling, Electric, Lawn Maintenance, Water

Multi Family

  • Gross Monthly Rent: 1260
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2094

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Feb 1, 2016
Sold by
Mahmoodi Mahnaz
Bought by
Childers Charles K and Childers Jane A
Seller's Agent
Tammy Parker
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Tammy Parker
F.C. Tucker Muncie, REALTORS
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%
Current Estimated Value
$188,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,682
Avg. Annual Appreciation
7.39%
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
Childers Charles K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $95,000 -20.8% $38 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
04/27/2015 04/27/15 For Sale $119,900 -- $48 / 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 $2,334 $110,800 $19,000 $91,800
2023 $2,334 $110,800 $19,000 $91,800
2022 $2,356 $111,900 $19,000 $92,900
2021 $2,244 $106,300 $20,900 $85,400
2020 $2,376 $112,900 $20,900 $92,000
2019 $2,338 $111,000 $19,000 $92,000
2018 $2,250 $106,600 $18,800 $87,800
2017 $2,260 $107,100 $18,200 $88,900
2016 $2,198 $104,000 $17,400 $86,600
2014 $2,257 $110,200 $16,600 $93,600
2013 -- $104,700 $15,900 $88,800
Source: Public Records

Agents Affiliated with this Home

  • Tammy Parker

    Seller's Agent in 2016

    Tammy Parker

    F.C. Tucker Muncie, REALTORS

    (765) 215-5523

    202 Total Sales

    Tammy Parker
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Map

Source: Indiana Regional MLS

MLS Number: 201518577

Indiana Regional MLS

APN: 18-07-29-303-007.000-007

Indiana Delaware County Muncie 47304

3108-3110 W Cypress Dr, Muncie, IN

This home is located at 3108-3110 W Cypress Dr, Muncie, IN 47304 since 27 April 2015 and is currently estimated at $188,682, approximately $75 per square foot. This property was built in 1971. 3108-3110 W Cypress Dr is a home located in Delaware County with nearby schools including Royerton Elementary School, Delta Middle School, and Delta High School.

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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