NOT LISTED FOR SALE

3509 W University Ave Muncie, IN 47304

Estimated Value: $329,000 - $360,000

3 Beds
2.5 Baths
3,535 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 12, 2016

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

Est. 43% increase in value since last sale

Current estimated payment $2,184/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 Listed By

Donna Polcz

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

RE/MAX Real Estate Groups

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
  • 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%
Total Days on Market
329
Current Estimated Value
$343,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,881
Avg. Annual Appreciation
4.19%
Original Mortgage
$216,000
Outstanding Balance
$174,285
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$169,596

Range of Values:

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Average Value
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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

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Map

Source: Indiana Regional MLS

MLS Number: 201534899

Indiana Regional MLS

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