NOT LISTED FOR SALE

3508 E Azalea Ln Muncie, IN 47302

Southside Neighborhood

Estimated Value: $77,000 - $117,000

2 Beds
2 Baths
1,300 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $52,000 $40 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $669/month

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of March 2019

Nice brick duplex. Great investment opportunity. 1 bedroom 1 bath on each side with washer and dryer hookups and large kitchens. Updates include updated bathrooms in each unit, carpet in each unit about 1 year ago, fresh paint in 3510, new a/c on both sides within last 2-3 years, new water heater in 3508 (2018), new sump pump (2018), replacement windows. 3508 rented for $515 with tenant paying all utilities besides sewage, 3510 rented for $490 with tenant paying all utilities except sewage. Shared shed. (2) Refrigerators, (2) Ranges, Washer/dryer in 3508 included in sale.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 02/05/2019

RE/MAX Real Estate Groups

Last Buyer's Agent

Ali Starkey

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, heating
  • The owner pays for sewer
  • Assessor Parcel Number 18-11-24-152-004.000-003

Community Details

Overview

  • 2 Units
  • Driftwood Park Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1955
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DRIFTWOOD PARK REPLAT LOT 4
  • Parcel Number ID: 18-11-24-152-004.000-003
  • Platted: Yes
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1300
  • Total Finished Sq Ft: 1300
  • Above Grade Finished Sq Ft: 1300
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding Sq Ft: 96

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75x125
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Cooling, Heating

Tax Info

  • Annual Property Tax: 1200

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Clements Wesley
Bought by
Co Properties Inc
Current Estimated Value
$102,361

Purchase Details

Listed on
Feb 5, 2019
Closed on
Mar 15, 2019
Sold by
Busy Gal Designs Llc
Bought by
Clements Wesley
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Ali Starkey
RE/MAX Real Estate Groups
List Price
$57,500
Sold Price
$52,000
Premium/Discount to List
-$5,500
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Listed on
Mar 9, 2015
Closed on
Oct 2, 2015
Sold by
Collins Cindy J
Bought by
Busy Gal Designs Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Rebekah Hanna
NextHome Elite Real Estate
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
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
Co Properties Inc -- None Available
Clements Wesley -- None Available
Busy Gal Designs Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2019 03/18/19 Sold $52,000 -9.6% $40 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $57,500 +27.8% $44 / Sq Ft
10/02/2015 10/02/15 Sold $45,000 -9.8% $35 / Sq Ft View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $49,900 -- $38 / 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 $1,595 $60,700 $15,300 $45,400
2023 $1,323 $60,700 $15,300 $45,400
2022 $1,333 $61,200 $15,300 $45,900
2021 $1,205 $54,800 $12,500 $42,300
2020 $1,311 $60,100 $12,500 $47,600
2019 $1,311 $60,100 $12,500 $47,600
2018 $1,311 $60,100 $12,500 $47,600
2017 $1,287 $58,900 $11,400 $47,500
2016 $1,287 $58,900 $11,400 $47,500
2014 $1,230 $59,300 $11,400 $47,900
2013 -- $58,800 $11,400 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kramer

    Seller's Agent in 2019

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    52 in this area

    562 Total Sales

    Ryan Kramer
    Section Image
  • Ali Starkey

    Buyer's Agent in 2019

    Ali Starkey

    RE/MAX

    (765) 729-5004

    5 in this area

    89 Total Sales

    Ali Starkey
    Section Image
  • Rebekah Hanna

    Buyer's Agent in 2015

    Rebekah Hanna

    NextHome Elite Real Estate

    (765) 760-4556

    22 in this area

    401 Total Sales

    Rebekah Hanna
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201904150

Indiana Regional MLS

APN: 18-11-24-152-004.000-003

Indiana Delaware County Muncie 47302 Southside

3508 E Azalea Ln, Muncie, IN

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