NOT LISTED FOR SALE

422 W Howard St Muncie, IN 47305

Old West End Neighborhood
4 Beds
4 Baths
2,700 Sq Ft
3,920 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $8,000 $3 Per Sq Ft

38 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Level Lot
  • Wood Flooring
  • Baseboard Heating
  • 1-minute walk to Clifton Wallace Park

About This Home

As of June 2021

Fantastic investment opportunity! Large 4-unit apartment building with a basement. Two story building 2700 sq ft with a partial basement. Some off street parking. 4- separated electric meters. 1 unit upstairs and 3 units downstairs. The building is currently vacant and ready for new owners to rehab. Part of the property has fire damage.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC Listed on: 05/03/2021

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1896

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x98
  • Level Lot

Home Design

  • Traditional Architecture
  • Masonry Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, maintenance, sewer, tax, water
  • Assessor Parcel Number 18-11-16-234-019.000-003

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Maintenance Expense $1,460
  • Water Sewer Expense $890

Property Details

Home Type

Apartment

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1896
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MESS/RICHEYS ADD 0.0000ACRES STR: 162010 IN: 6 OUT:
  • Parcel Number ID: 18-11-16-234-019.000-003
  • Platted: Yes
  • Amenities: Basement, Porch Covered, Water Heater Electric
  • Special Features: None

Interior Features

  • Total Sq Ft: 3332
  • Total Finished Sq Ft: 2700
  • Above Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 632
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Wood
  • Total Below Grade Sq Ft: 632

Exterior Features

  • Exterior: Masonry
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 950
  • Annual Maintenance Expense: 1460
  • Annual Water Sewer Expense: 890
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x98
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09
  • Lot Number: 6

Rental Info

  • Owner Pays: Building Insurance, Fuel, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1300

Multi Family

  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $8,000 -55.3% $3 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/28/2021 05/28/21 Price Changed $17,900 -10.1% $7 / Sq Ft
05/10/2021 05/10/21 Price Changed $19,900 -20.1% $7 / Sq Ft
05/03/2021 05/03/21 For Sale $24,900 -- $9 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2021

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    30 in this area

    480 Total Sales

    Heather Clemmons
    Section Image
  • Diana Martin

    Buyer's Agent in 2021

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    22 in this area

    3,722 Total Sales

    Diana Martin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202115556

Indiana Regional MLS
Indiana Delaware County Muncie 47305 Old West End

422 W Howard St, Muncie, IN

Not Listed for Sale

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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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