NOT LISTED FOR SALE

3900 N Franklin St Muncie, IN 47303

Sky Park Neighborhood

Estimated Value: $157,000 - $187,000

4 Beds
2 Baths
1,984 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $90,000 $45 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,073/month

1 Day on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Patio
  • Partially Carpeted

About This Home

As of October 2020

This home is located at 3900 N Franklin St, Muncie, IN 47303 since 26 August 2020 and is currently estimated at $168,000, approximately $84 per square foot. This property was built in 1977. 3900 N Franklin St is a home located in Delaware County with nearby schools including North View Elementary School, Muncie Central High School, and Northside Middle School.

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 08/26/2020

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

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 84x113
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for tax
  • Assessor Parcel Number 18-07-33-430-001.000-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SKYWAY SEC C AND EX E PT STR: 332110 IN: 94
  • Parcel Number ID: 18-07-33-430-001.000-003
  • Platted: Yes
  • Amenities: Patio Open
  • Inside City Limits: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1984
  • Total Finished Sq Ft: 1984
  • Above Grade Finished Sq Ft: 1984
  • Basement Foundation: Slab
  • Flooring: Part Carpet
  • Main Level Sq Ft: 1280
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Stucco
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 84x113
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric, Water

Tax Info

  • Annual Property Tax: 2562

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 9, 2020
Sold by
Stylemark Properties Llc
Bought by
Co Properties Inc
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Ali Starkey
RE/MAX Real Estate Groups
List Price
$109,999
Sold Price
$90,000
Premium/Discount to List
-$19,999
-18.18%
Current Estimated Value
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
12.86%
Original Mortgage
$564,000
Outstanding Balance
$500,733
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$332,733

Purchase Details

Closed on
Jul 31, 2006
Sold by
Garver Laurel J
Bought by
Stylemark Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,149
Interest Rate
6.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Co Properties Inc -- None Available
Co Properties Inc -- None Available
Stylemark Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Co Properties Inc $564,000
Closed Co Properties Inc $564,000
Previous Owner Stylemark Properties Llc $386,149
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $90,000 -18.2% $45 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $109,999 -- $55 / 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 $2,250 $106,600 $18,700 $87,900
2023 $2,250 $106,600 $18,700 $87,900
2022 $3,092 $148,700 $18,700 $130,000
2021 $2,348 $111,500 $16,200 $95,300
2020 $2,000 $94,100 $14,700 $79,400
2019 $2,178 $103,000 $14,700 $88,300
2018 $2,744 $128,100 $14,700 $113,400
2017 $2,598 $124,000 $13,400 $110,600
2016 $2,598 $124,000 $13,400 $110,600
2014 $2,467 $120,700 $12,800 $107,900
2013 -- $119,600 $12,800 $106,800
Source: Public Records

Agents Affiliated with this Home

  • Aaron Orr

    Seller's Agent in 2020

    Aaron Orr

    RE/MAX

    (765) 212-1111

    7 in this area

    718 Total Sales

    Aaron Orr
    Section Image
  • Ali Starkey

    Buyer's Agent in 2020

    Ali Starkey

    RE/MAX

    (765) 729-5004

    87 Total Sales

    Ali Starkey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202034300

Indiana Regional MLS

APN: 18-07-33-430-001.000-003

Indiana Delaware County Muncie 47303 Sky Park

3900 N Franklin St, Muncie, IN

Not Listed for Sale

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