NOT LISTED FOR SALE

3401 S Madison St Muncie, IN 47302

Southside Neighborhood

Estimated Value: $85,443 - $119,000

3 Beds
1 Bath
976 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 05, 2017

Last sale price $48,000 $49 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $632/month

94 Days on Market

About This Home

As of April 2017

Property sitting on nearly a half acre at SW corner of 27th St. Utility shed. New roof shingles in the last 8-10 years.

Last Agent to Sell the Property

Brad Taflinger

Taflinger Real Estate Group License #RB14018444 Listed on: 12/02/2016

Taflinger Real Estate Group

Last Buyer's Agent

Cody Wallace

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,300 Sq Ft Lot

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Carmichael Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, lawncare, sewer, water
  • The owner pays for insurance, no utilities
  • Assessor Parcel Number 181127104013000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1947
  • Lot Size Acres: 0.2135
  • Structure Type: FreeStand
  • Subdivision Name: CARMICHAEL ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Property sitting on nearly a half acre at SW corner of 27th St. Utility shed. New roof shingles in the last 8-10 years.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Insurance, No Utilities, Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Crawl Space
  • List Price: 56900

Garage/Parking

  • Unit Parking: Unpaved,Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 160

Lot Info

  • Parcel Number: 181127104013000003
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner
  • Lot Number: 39-40
  • Lot Size: 9,300

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Lawncare, Sewer, Water

Multi Family

  • Net Operating Income: 10236
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2244
  • Semi Annual Property Tax Amt: 1122
  • Tax Exemption: None
  • Multiple Tax I D: 181127104014000003

MLS Schools

  • School District: Muncie Community
  • Schools: Muncie Central High,South View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Wallace Cody J
Bought by
Kt Investment Homes Llc
Current Estimated Value
$101,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Outstanding Balance
$81,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$20,111

Purchase Details

Listed on
Dec 2, 2016
Closed on
Apr 5, 2017
Sold by
Easterly Phillip R
Bought by
Wallace Cody J
Seller's Agent
Brad Taflinger
Taflinger Real Estate Group
Buyer's Agent
Cody Wallace
eXp Realty, LLC
List Price
$56,900
Sold Price
$48,000
Premium/Discount to List
-$8,900
-15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$45,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2012
Sold by
Easterly Phillip R and Easterly Gordon W
Bought by
Easterly Phillip R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kt Investment Homes Llc -- None Listed On Document
Wallace Cody J -- --
Easterly Phillip R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Cody J $81,000
Closed Wallace Cody J $81,000
Previous Owner Wallace Cody J $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2017 04/05/17 Sold $48,000 -15.6% $49 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $56,900 -- $58 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $7,200 $35,700
2023 $979 $42,900 $7,200 $35,700
2022 $987 $43,300 $7,200 $36,100
2021 $727 $30,300 $6,300 $24,000
2020 $817 $34,800 $7,800 $27,000
2019 $817 $34,800 $7,800 $27,000
2018 $817 $34,800 $7,800 $27,000
2017 $861 $37,000 $8,800 $28,200
2016 $861 $37,000 $8,800 $28,200
2014 $748 $34,600 $8,400 $26,200
2013 -- $34,400 $8,400 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Brad Taflinger

    Seller's Agent in 2017

    Brad Taflinger

    Taflinger Real Estate Group

    (765) 748-2104

    35 in this area

    380 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Cody Wallace

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21455486

MIBOR Broker Listing Cooperative®

APN: 18-11-27-104-013.000-003

Indiana Delaware County Muncie 47302 Southside

3401 S Madison St, Muncie, IN

This home is located at 3401 S Madison St, Muncie, IN 47302 since 02 December 2016 and is currently estimated at $101,111, approximately $103 per square foot. This property was built in 1947. 3401 S Madison St is a home located in Delaware County with nearby schools including South View Elementary School, Muncie Central High School, and Southside 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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