$89,500
SOLD DEC 4, 2024
4 Beds
3 Baths
3,667 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

19% Below List Price

86 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Wood Siding
  • Ceiling Fan
  • Level Lot
  • 3-minute walk to Clifton Wallace Park

About This Home

As of December 2024

3 Unit Investment Property.. Unit 1, Studio (Vacant) Rent $550. Unit 2, 2 bedroom (Vacant) Rent $700. Unit 3, 2 bedroom (Leased through 4/30/25) Rent $1000 with utilities included in rent. All units have been completely remodeled with new kitchens, baths, windows, doors, furnace, electrical.

Last Agent to Sell the Property

Jason Gates

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-289-2400 Listed on: 08/28/2024

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Emilee Gates

F.C. Tucker Muncie, REALTORS

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1896

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for building insurance, lawn maintenance, sewer, tax, water
  • Assessor Parcel Number 18-11-16-238-012.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,411

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1896
  • Age: 128
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: OUT LOT 1 5 FT X 40FT MESS & RICHEY S16 T20 R10 0.100 AC
  • Parcel Number ID: 18-11-16-238-012.000-003
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan
  • Sp Lp Percent: 81.44
  • Monthly Gross Income: 2250
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 5028
  • Total Finished Sq Ft: 3667
  • Above Grade Finished Sq Ft: 2306
  • Below Grade Finished Sq Ft: 1361
  • Below Grade Sq Ft: 1361
  • Price Per Sq Ft: 38.81
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 2722
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 40X120X
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2250
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1411

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Dec 4, 2024
Sold by
419Whoward Llc
Bought by
Pira Llc
Seller's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Emilee Gates
F.C. Tucker Muncie, REALTORS
List Price
$109,900
Sold Price
$89,500
Premium/Discount to List
-$20,400
-18.56%
Total Days on Market
86
Views
52
Current Estimated Value
$95,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,892
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Dec 8, 2020
Sold by
Royal Blue Oak Properties Llc
Bought by
419W Howard Llc

Purchase Details

Listed on
Apr 4, 2020
Closed on
May 19, 2020
Sold by
Advanced Properties Solutions Llc
Bought by
Royal Blue Oak Properties Llc
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Jason Gates
F.C. Tucker Muncie, REALTORS
List Price
$15,000
Sold Price
$8,100
Premium/Discount to List
-$6,900
-46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.96%

Purchase Details

Closed on
Apr 30, 2019
Sold by
Delaware County Commissioner
Bought by
Advanced Property Solutions Ll

Purchase Details

Closed on
Apr 20, 2019
Sold by
Delaware County Auditor
Bought by
Delaware County Commissioners

Purchase Details

Closed on
Nov 3, 2011
Sold by
Blanton Brenda
Bought by
Tabb Marcus

Purchase Details

Closed on
Jan 26, 2006
Sold by
Deckard Cecil and Deckard Betty E
Bought by
Blanton Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $89,500 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Commissioners Deed $4,800 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $6,332 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,006 None Available
Warranty Deed -- Title Express
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,500 New Conventional
Previous Owner $53,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $89,500 -18.6% $24 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $109,900 0.0% $30 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $109,900 -8.3% $30 / Sq Ft
10/05/2024 10/05/24 Price Changed $119,900 -20.0% $33 / Sq Ft
09/08/2024 09/08/24 For Sale $149,900 0.0% $41 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $149,900 +1750.6% $41 / Sq Ft
05/19/2020 05/19/20 Sold $8,100 -46.0% $4 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $15,000 -- $7 / 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 $1,440 $66,600 $4,600 $62,000
2023 $654 $27,300 $3,800 $23,500
2022 $628 $26,000 $3,800 $22,200
2021 $508 $20,000 $4,900 $15,100
2020 $496 $19,400 $4,900 $14,500
2019 $108 $35,800 $4,900 $30,900
2018 $849 $34,300 $4,900 $29,400
2017 $805 $34,800 $4,900 $29,900
2016 $4,092 $34,800 $4,900 $29,900
2014 $646 $30,100 $4,700 $25,400
2013 -- $28,800 $4,500 $24,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202433007

Indiana Regional MLS

APN: 18-11-16-238-012.000-003