NOT LISTED FOR SALE

3405 W Riverside Ave Unit 3411-13 / 3501-3503 Muncie, IN 47304

Estimated Value: $151,000 - $218,048

3 Beds
3 Baths
2,537 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $240,000 $95 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,286/month

357 Days on Market

Highlights

  • Storm Windows
  • Central Air
  • 1-Story Property
  • Patio
  • Level Lot

About This Home

As of October 2014

3405-07 ID 181107428025000003 - Value $163,700.00 3411-13 ID 181107428024000004 - Value $145,200.00 3501-03 ID 181107428026000003 - Value $173,400.00

Last Agent to Sell the Property

Cindy Link

RE/MAX Real Estate Groups Listed on: 07/29/2013

RE/MAX Real Estate Groups

Last Buyer's Agent

Michele Rinker

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x175
  • Level Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • Stone Driveway

Outdoor Features

  • Patio

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, maintenance, tax, trash collection
  • Assessor Parcel Number 181107428025000003

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1962
  • Age: 52
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Gatewood IN : 27-28-29 |
  • Parcel Number ID: 181107428025000003
  • Platted: Yes
  • Amenities: Cable Ready, Patio Open, Storm Windows, Water Heater Electric, Washer Hook-Up
  • Sp Lp Percent: 88.99
  • Monthly Gross Income: 42
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2537
  • Total Finished Sq Ft: 2537
  • Above Grade Finished Sq Ft: 2537
  • Price Per Sq Ft: 94.6
  • Basement Foundation: Slab
  • Main Level Sq Ft: 2537
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x175
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Total Assessed Value: 163700
  • Annual Property Tax: 9650

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2013
Closed on
Sep 25, 2014
Sold by
Wilkins Robert
Bought by
Howe Cynthia
Seller's Agent
Cindy Link
RE/MAX Real Estate Groups
Buyer's Agent
Michele Rinker
RE/MAX Real Estate Groups
List Price
$269,700
Sold Price
$240,000
Premium/Discount to List
-$29,700
-11.01%
Current Estimated Value
$188,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,738
Avg. Annual Appreciation
-2.46%
Original Mortgage
$236,000
Outstanding Balance
$183,383
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
-$839
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
Howe Cynthia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Cynthia $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $240,000 -11.0% $95 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $269,700 -- $106 / 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 $3,508 $170,000 $33,600 $136,400
2023 $3,508 $170,000 $33,600 $136,400
2022 $2,592 $124,200 $33,600 $90,600
2021 $2,224 $105,800 $30,300 $75,500
2020 $2,224 $105,800 $30,300 $75,500
2019 $2,112 $100,200 $30,300 $69,900
2018 $2,014 $95,300 $30,300 $65,000
2017 $1,942 $91,700 $27,700 $64,000
2016 $1,942 $91,700 $27,700 $64,000
2014 $1,847 $166,400 $29,100 $137,300
2013 -- $90,200 $29,100 $61,100
Source: Public Records

Agents Affiliated with this Home

  • Cindy Link

    Seller's Agent in 2014

    Cindy Link

    RE/MAX

    (765) 744-4149

    79 Total Sales

    Cindy Link
    Section Image

  • M

    Buyer's Agent in 2014

    Michele Rinker

    RE/MAX

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 20021711

Indiana Regional MLS

APN: 18-11-07-428-025.000-003

Indiana Delaware County Muncie 47304

3405 W Riverside Ave Unit 3411-13 / 3501-3503, Muncie, IN

This home is located at 3405 W Riverside Ave Unit 3411-13 / 3501-3503, Muncie, IN 47304 since 29 July 2013 and is currently estimated at $188,262, approximately $74 per square foot. This property was built in 1962. 3405 W Riverside Ave Unit 3411-13 / 3501-3503 is a home located in Delaware County with nearby schools including West View Elementary School, 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.

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