NOT LISTED FOR SALE

502 E Adams St Muncie, IN 47305

East Central Neighborhood
5 Beds
5 Baths
3,424 Sq Ft
0.36 Acres

Last Sold February 28, 2019

Last sale price $74,700 $22 Per Sq Ft

14 Days on Market

Highlights

  • 0.36 Acre Lot
  • Level Lot
  • 2-minute walk to Cornerstone Park
  • Forced Air Heating System
  • Carpet

About This Home

As of February 2019

Includes parcel 18-11-15-126-009.000-003. Five unit property - some have been updated. Great investment opportunity. Four units are occupied. Utilities are included with rent. Total of 16 properties in portfolio for sale. MLS #s: 201850042,201850034, 201850033, 201850019, 201850014, 201850022, 201850023, 201850025, 201850032, 201850030, 201850028, 201850029, 201850020, 201850021, 201850026, 201850010

Last Listed By

Kari Blevins

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

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,424 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for electric, heating, tax, water softener
  • Assessor Parcel Number 18-11-15-126-008.000-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Age: 69
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Coff 1 Add. W 75 ft. 0.0000 Acres STR: 152010 IN: 5-6 OUT: |
  • Parcel Number ID: 18-11-15-126-008.000-003
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 75.45
  • Monthly Gross Income: 2350
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3424
  • Total Finished Sq Ft: 3424
  • Above Grade Finished Sq Ft: 3424
  • Price Per Sq Ft: 21.82
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet

Exterior Features

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

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 15769
  • Estimated Lot Size Acres: 0.362

Rental Info

  • Lease Term: Week to Week, Month to Month, 1 Year
  • Owner Pays: Electric, Heating, Tax, Water Softener

Multi Family

  • Gross Monthly Rent: 2354
  • Number Of Units: 5
  • Num Of1 Bedrooms: 5

Tax Info

  • Annual Property Tax: 2610.98

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $74,700 -24.5% $22 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $99,000 -- $29 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

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

    1 in this area

    180 Total Sales

    Kari Blevins
    Section Image
  • Aaron Orr

    Buyer's Agent in 2019

    Aaron Orr

    RE/MAX

    (765) 212-1111

    4 in this area

    774 Total Sales

    Aaron Orr
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201850010

Indiana Regional MLS

Indiana Delaware County Muncie 47305 East Central

502 E Adams St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 502 E Adams St, Muncie, IN 47305 since 09 November 2018. This property was built in 1950. 502 E Adams St is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High School, and Northside Middle School.

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 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.