NOT LISTED FOR SALE

406 E Gilbert St Muncie, IN 47305

Downtown Muncie Neighborhood

Estimated Value: $109,000 - $150,000

4 Beds
3 Baths
2,320 Sq Ft
$57/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2019

Last sale price $18,450 $8 Per Sq Ft

Est. 623% increase in value since last sale

Current estimated payment $920 / mo

12 Days on Market

Highlights

  • Laundry in Utility Room
  • Level Lot
  • 3-minute walk to Gilbert Park
  • Forced Air Heating System

About This Home

As of February 2019

Sold AS-IS. Bank approval needed on all offers. CPC is the property managing this property. Total of 16 properties in portfolio for sale. Properties can be packaged together. MLS #s:201850042,201850034, 201850033, 201850019, 201850014, 201850022, 201850023, 201850025, 201850032, 201850030, 201850028, 201850029, 201850020, 201850021, 201850026, 201850010

Last Agent to Sell the Property

Kari Blevins

Coldwell Banker Real Estate Group Listed on: 11/09/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Aaron Orr

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electric, fuel, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 181110354008000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

4,125 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1870
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: JW ADD W 33 FT 0.0000Acres STR:102010 IN: 6 OUT: |
  • Parcel Number ID: 181110354008000003
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3507
  • Total Finished Sq Ft: 2320
  • Above Grade Finished Sq Ft: 2320
  • Below Grade Sq Ft: 1187
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Main Level Sq Ft: 1187
  • Total Below Grade Sq Ft: 1187

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33X125
  • Estimated Lot Sq Ft: 4125
  • Estimated Lot Size Acres: 0.095

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1372

Multi Family

  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Bought by
Current Estimated Value
$133,333

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 28, 2019
Sold by
Bought by
Seller's Agent
Kari Blevins
Coldwell Banker Real Estate Group
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$29,900
Sold Price
$18,450
Premium/Discount to List
-$11,450
-38.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Meridian Title
-- In Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $18,450 -38.3% $8 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $29,900 -- $13 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,368 $113,000 $8,900 $104,100
2024 $2,006 $94,900 $8,900 $86,000
2023 $1,610 $75,100 $7,400 $67,700
2022 $1,444 $66,800 $10,700 $56,100
2021 $1,574 $73,300 $10,700 $62,600
2020 $1,330 $61,100 $8,900 $52,200
2019 $1,490 $69,100 $8,900 $60,200
2018 $1,414 $65,300 $8,100 $57,200
2017 $1,372 $63,200 $7,100 $56,100
2016 $1,318 $60,500 $7,100 $53,400
2014 $1,277 $61,700 $6,700 $55,000
2013 -- $61,100 $6,700 $54,400
Source: Public Records

Agents Affiliated with this Home

  • Kari Blevins

    Seller's Agent in 2019

    Kari Blevins

    Coldwell Banker Real Estate Group

    (765) 729-7977

    175 Total Sales

    Kari Blevins
    Section Image
  • Aaron Orr

    Buyer's Agent in 2019

    Aaron Orr

    RE/MAX

    (765) 212-1111

    670 Total Sales

    Aaron Orr
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201850019

Indiana Regional MLS

APN: 18-11-10-354-008.000-003

Indiana Delaware County Muncie 47305 Downtown Muncie

406 E Gilbert St, 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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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