NOT LISTED FOR SALE

3509 W University Ave Muncie, IN 47304

Estimated Value: $320,000 - $442,000

3 Beds
2.5 Baths
3,535 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $240,000 $68 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,285/month

329 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot

About This Home

As of August 2016

Two new furnaces (2016) and new roof (2015), extensive exterior maintenance, new refrigerator & new dishwasher are brand new updates to this gorgeous single story, 3 bedroom, 2 1/2 bath upscale home in prestigious Gatewood neighborhood. Outstanding floor plan features very spacious rooms filled with natural light and designed for comfort, beauty, convenience and gracious entertaining. A welcoming entry through heavy double doors into the foyer creates a stunning impression as guests glance into the formal living room with fireplace and beyond into the formal dining room. Also accessible from the foyer is a very attractive and functional family room which is confluent with designated informal dining space and large kitchen with an abundance of cabinetry plus a walk-in pantry. Adjacent to the family room is a fabulous heated sunroom overlooking a lovely peaceful private backyard. The east wing of the home includes a luxurious master bedroom suite with closets galore, dressing room. and bathroom plus 2 additional large bedrooms and hall bathroom. Oversize garage has both workshop and garden storage areas. The style, features, possibilities and location of this very special home will appeal to a wide variety of prospective Buyers. Average monthly utilitiesper Seller: Gas:$127/mo, Ele: $112/mo. Original blueprints for home available. Reserved: Valance that matches bedspread. _______________________

Last Agent to Sell the Property

Donna Polcz

RE/MAX Real Estate Groups Listed on: 07/21/2015

RE/MAX Real Estate Groups

Last Buyer's Agent

Steve Slavin

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1957

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 174x145
  • Backs to Open Ground
  • Aluminum or Metal Fence
  • Brick Fence
  • Corner Lot
  • Level Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,535 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Crawl Space
  • Storage In Attic
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Community Well
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 18-11-07-431-001.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,652

Year Built

Built in 1957

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1957
  • Age: 59
  • Style: One Story
  • Total Number of Rooms: 10
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Gatewood Lot 78
  • Parcel Number ID: 18-11-07-431-001.000-003
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Cable Available, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Pocket Doors, Porch Enclosed, Porch Florida, Storm Doors, Twin Sink Vanity, Tub and Separate Shower, Workshop, Main Level Bedroom Suite, Main Floor Laundry
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96
  • Special Features: None

Interior Features

  • Total Sq Ft: 3535
  • Total Finished Sq Ft: 3535
  • Above Grade Finished Sq Ft: 3535
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Wood Burning, Two
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 15x25, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 15x15, On Level: Main
  • Family Room: Dimensions: 17x20, On Level: Main
  • Bedroom 1: Dimensions: 17x18, On Level: Main
  • Bedroom 2: Dimensions: 17x12, On Level: Main
  • Bedroom 3: Dimensions: 18x16, On Level: Main
  • Other Room1: Dimensions: 9x22, On Level: Main
  • Other Room 2: Dimensions: 26x15, On Level: Main
  • Other Room 3: Dimensions: 17x9, On Level: Main
  • Main Level Sq Ft: 3535
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Outbuilding, Dimensions: 10x10
  • Fence: Brick, Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x28
  • Garage Sq Ft: 784

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co
  • Well Type: Community

Condo/Co-op/Association

  • Association Fees: 25
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 174x145
  • Estimated Lot Sq Ft: 32670
  • Estimated Lot Size Acres: 0.75
  • Lot Number: 78
  • Zoning: A Single Family Residential

Tax Info

  • Annual Taxes: 2652
  • Total Assessed Value: 265000
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2015
Closed on
Aug 12, 2016
Sold by
Brown Lee Ann
Bought by
Kessler Karen L
Seller's Agent
Donna Polcz
RE/MAX Real Estate Groups
Buyer's Agent
Steve Slavin
Coldwell Banker Real Estate Group
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$363,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,409
Avg. Annual Appreciation
4.12%
Original Mortgage
$216,000
Outstanding Balance
$174,285
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$169,596
Source: Public Records

Range of Values:

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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
Kessler Karen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Karen L $216,000
Previous Owner Brown Lee Ann $155,800
Previous Owner Brown Lee Ann $152,795
Previous Owner Brown Lee Ann $152,570
Previous Owner Brown Lee Ann $100,000
Previous Owner Brown Lee Ank $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $240,000 -4.0% $68 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
07/21/2015 07/21/15 For Sale $250,000 -- $71 / 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 $3,313 $320,500 $43,400 $277,100
2023 $3,829 $320,500 $43,400 $277,100
2022 $3,369 $323,700 $43,400 $280,300
2021 $2,843 $271,500 $39,100 $232,400
2020 $2,843 $271,500 $39,100 $232,400
2019 $2,669 $254,300 $39,100 $215,200
2018 $2,615 $248,700 $39,100 $209,600
2017 $2,646 $251,800 $35,700 $216,100
2016 $2,933 $280,500 $35,700 $244,800
2014 $2,699 $265,000 $37,600 $227,400
2013 -- $260,400 $37,600 $222,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donna Polcz

    RE/MAX

    Section Image
  • Steve Slavin

    Buyer's Agent in 2016

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    442 Total Sales

    Steve Slavin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201534899

Indiana Regional MLS

APN: 18-11-07-431-001.000-003

Indiana Delaware County Muncie 47304

3509 W University Ave, Muncie, IN

This home is located at 3509 W University Ave, Muncie, IN 47304 since 21 July 2015 and is currently estimated at $363,409, approximately $102 per square foot. This property was built in 1957. 3509 W University Ave 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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