NOT LISTED FOR SALE

315 S Jefferson St Muncie, IN 47305

Downtown Muncie Neighborhood

Estimated Value: $170,519

-- Bed
2 Baths
3,859 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $139,900 $36 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,183/month

60 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Canan Commons Park

About This Home

As of March 2022

Historic 2 story building in downtown Muncie, Indiana, with 4000 square feet. Quality remodel of an older structure into a very functional office layout including 2 story open foyer, curved walls, glass block partitions, built-in reception desk and much more. Significant investment by the current including 2 new high efficiency HVAC units. Multiple possibilities such as office, retail, live-work space or convert to apartments. You will not be disappointed by the property.

Last Agent to Sell the Property

Brian Allardt

Coldwell Banker Real Estate Group Listed on: 12/13/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1900

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 45x62.5

Parking

  • 3 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet

Location

  • Suburban Location

Schools

  • East Washington Academy Elementary School
  • Southside Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18-11-15-106-012.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,486

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Total Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Pt NW Qtr E 62 hlf ft x 40 ft S15 T20 R10 0.060 AC
  • Parcel Number ID: 18-11-15-106-012.000-003
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4309
  • Total Finished Sq Ft: 3859
  • Above Grade Finished Sq Ft: 3859
  • Below Grade Sq Ft: 450
  • Price Per Sq Ft: 36.25
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 450

Exterior Features

  • Exterior: Brick
  • Roof Material: Build-up, Flat
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Hvac: High Efficiency Furnace

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 45x62.5
  • Estimated Lot Sq Ft: 2788
  • Estimated Lot Size Acres: 0.064

Tax Info

  • Annual Property Tax: 3486

Multi Family

  • Number Of Units: 1

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
Dec 13, 2021
Closed on
Mar 25, 2022
Sold by
Onleal Properties Limited
Bought by
Steinke Ian M
Seller's Agent
Brian Allardt
Coldwell Banker Real Estate Group
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$170,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,619
Avg. Annual Appreciation
3.29%
Original Mortgage
$104,250
Outstanding Balance
$76,900
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,816

Purchase Details

Closed on
Apr 14, 2016
Sold by
Ernstberger Eric L
Bought by
Onieal Propertues Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2015
Sold by
Rundell Erntberger Inv
Bought by
Erntberger Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.64%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Steinke Ian M $139,900 Smith James W
Onieal Propertues Limited -- --
Erntberger Eric L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinke Ian M $104,250
Previous Owner Onieal Propertues Limited $112,000
Previous Owner Erntberger Eric L $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $139,900 0.0% $36 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $139,900 0.0% $36 / Sq Ft
02/07/2022 02/07/22 Price Changed $139,900 -6.1% $36 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $149,000 -- $39 / 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 $3,348 $108,000 $11,000 $97,000
2023 $3,495 $112,900 $11,000 $101,900
2022 $3,531 $114,100 $11,000 $103,100
2021 $3,270 $105,400 $11,000 $94,400
2020 $3,540 $114,400 $11,000 $103,400
2019 $3,540 $114,400 $11,000 $103,400
2018 $3,540 $114,400 $11,000 $103,400
2017 $3,987 $129,300 $11,000 $118,300
2016 $2,925 $93,900 $10,500 $83,400
2014 $2,575 $83,800 $10,500 $73,300
2013 -- $83,000 $10,500 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Brian Allardt

    Seller's Agent in 2022

    Brian Allardt

    Coldwell Banker Real Estate Group

    (765) 808-1400

    4 in this area

    63 Total Sales

    Brian Allardt
    Section Image
  • Diana Martin

    Buyer's Agent in 2022

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    4 in this area

    3,788 Total Sales

    Diana Martin
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202151236

Indiana Regional MLS

APN: 18-11-15-106-012.000-003

Indiana Delaware County Muncie 47305 Downtown Muncie

315 S Jefferson St, Muncie, IN

This home is located at 315 S Jefferson St, Muncie, IN 47305 since 13 December 2021 and is currently estimated at $170,519, approximately $44 per square foot. This property was built in 1900. 315 S Jefferson St is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High School, and Northside Middle 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.

Nearby Homes