NOT LISTED FOR SALE

5010 E Riggin Rd Muncie, IN 47303

Estimated Value: $249,000 - $315,000

5 Beds
2 Baths
2,405 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $180,000 $75 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,809/month

56 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Patio
  • Royerton Elementary School Rated A-
  • Cedar Closet
  • Slate Flooring

About This Home

As of August 2017

Peaceful setting at this beautiful 8.37 acre property in the country! This property features a 2400+ sq ft , 4-5 bedroom home with 2 full baths and an oversized 3 car attached garage along with a large pole building, detached 28x20 garage, two smaller outbuildings, well pump house, and a 2- unit cottage rental house. Rental home features 2 units. Upstairs unit rents for $375 and is a one bedroom and downstairs rents for $490 . Tenants on month to month contract and pay their own electric. Seller owns all appliances in rental units and will be included. This cottage house could also be great as a guest home or mother-in-law suite. Pole Barn has previously been rented for $2,000 a year. Home features a fireplace insert , some cedar lined closets, lots of closet and attic storage, two patios, large great room, vaulted ceiling in front bedroom with access to patio, large utility room. *Property is currently attached to additional 26 acres and will be deeded off per survey already completed. Taxes are to be determined (taxes show $0 for now). There are no current exemptions on property. *See attached update list *Cell phone tower on property is not included with the sale and cell phone company has a perpetual easement on the property. *Seller is willing to offer a buyer a first right of refusal on the additional 26 acres. *Baseboard heater in hall not used. *Propane tank is a rental through Ag Best. *Home and cottage have rental water heaters. *Washer and dryer are negotiable. *Cash or Conventional financing only.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 05/17/2017

RE/MAX Real Estate Groups

Last Buyer's Agent

Rachel Tucker

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1964

Lot Details

  • 8.37 Acre Lot
  • Rural Setting

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,405 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace

Flooring

  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Propane
  • Private Company Owned Well
  • Well
  • Water Heater Leased
  • Septic System

Additional Features

  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 18-08-30-300-003.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Age: 53
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt Frac W Hlf SW Qtr S30 T21 R11 34-340 Ac
  • Parcel Number ID: 18-08-30-300-003.000-004
  • Platted: Yes
  • Amenities: Attic Storage, Attic-Walk-up, Closet(s) Cedar, Patio Open, Water Heater Rental
  • Location: Rural
  • Sp Lp Percent: 100.06
  • Special Features: None

Interior Features

  • Total Sq Ft: 2405
  • Total Finished Sq Ft: 2405
  • Above Grade Finished Sq Ft: 2405
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Insert
  • Flooring: Carpet, Slate, Vinyl
  • Living Great Room: Dimensions: 12x32, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Family Room: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Bedroom 3: Dimensions: 8x11, On Level: Main
  • Bedroom 4: Dimensions: 13x12, On Level: Main
  • Bedroom 5: Dimensions: 13x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 51x64

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 43x33
  • Garage Sq Ft: 1419

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: 7xMain, On Level: 13
  • Well Type: Private

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta

Lot Info

  • Lot Description: 6-9.999
  • Estimated Lot Sq Ft: 364597
  • Estimated Lot Size Acres: 8.37

Green Features

  • Energy Efficient: HVAC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Aug 25, 2017
Sold by
Brown Harold L and Brown Lorene
Bought by
Potter Lori M
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Rachel Tucker
RE/MAX Real Estate Groups
List Price
$182,500
Sold Price
$180,000
Premium/Discount to List
-$2,500
-1.37%
Total Days on Market
56
Current Estimated Value
$289,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,653
Avg. Annual Appreciation
6.27%
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 Buyer Sale Price Title Company
Potter Lori M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Lori M $55,000
Open Potter Lori M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $180,000 -1.4% $75 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $182,500 -- $76 / 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 $2,294 $259,100 $37,400 $221,700
2023 $2,446 $259,100 $37,400 $221,700
2022 $2,357 $251,000 $37,400 $213,600
2021 $1,995 $203,200 $37,400 $165,800
2020 $1,846 $186,800 $37,400 $149,400
2019 $1,569 $172,300 $34,000 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201722099

Indiana Regional MLS

APN: 18-08-30-300-021.000-004