NOT LISTED FOR SALE

506 W Centennial Ave Muncie, IN 47303

Minnetrista Neighborhood

Estimated Value: $97,000 - $114,000

2 Beds
1 Bath
1,176 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $50,900 $43 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $653/month

239 Days on Market

Highlights

  • 1 Car Attached Garage
  • Bathtub with Shower
  • Central Air
  • Double Pane Windows
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2019

This has been a great rental that's been super easy to rent for years! Last rented for $650/mo. The home is currently vacant, freshly painted, deep cleaned, and new vinyl plank flooring has been installed. This is a 2 bedroom, 1 bath home with 1,176 SF of living space. 1 car attached garage. At least 2-3 parking spaces available off the back alley on the property. Baseboard heat and full central air with air conditioning. Laundry space off the garage in it's own room. 2017 water heater. Updated Electrical Main Panel. Full chain link fence in the back yard, and the roof is only 3 years old. Garage and laundry floor is now painted (specially garage floor paint with flakes) and looks great. No appliances. A great rental or starter home at a super price. Immediate possession. Linked with investment listing MLS 201837017.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 08/10/2018

Coldwell Banker Real Estate Group

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

  • $898

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cabin
  • Shingle Roof
  • Asphalt Roof
  • Metal Siding
  • Cement Board or Planked

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space
  • Storm Doors
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 18-11-04-454-015.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$898

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 73
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Fairview N Gray 1 Add Lot 6 |
  • Parcel Number ID: 18-11-04-454-015.000-003
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Storm Doors, Tub/Shower Combination, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 104.09
  • Special Features: None

Interior Features

  • Total Sq Ft: 1176
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Price Per Sq Ft: 43.28
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Metal, Cement Board
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Full, Chain Link

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 10x18
  • Garage Sq Ft: 180
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx9, On Level: 10

Schools

  • School District: Muncie Community Schools
  • Elementary School: Northview
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50x150
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 898
  • Total Assessed Value: 39000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
May 8, 2019
Sold by
Eagle Creek Properties Llc
Bought by
Payne Anna K and Payne Adrian K
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Rachel Tucker
RE/MAX Real Estate Groups
List Price
$48,900
Sold Price
$50,900
Premium/Discount to List
$2,000
4.09%
Current Estimated Value
$105,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,088
Avg. Annual Appreciation
12.28%
Original Mortgage
$48,355
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Eagle Creek Properties Llc

Purchase Details

Closed on
Jul 23, 2005
Sold by
Walden Christopher A
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Payne Anna K -- In Title
Eagle Creek Properties Llc -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Anna K $49,902
Closed Payne Anna K $48,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $50,900 +4.1% $43 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $48,900 0.0% $42 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $48,900 -2.0% $42 / Sq Ft
10/25/2018 10/25/18 Price Changed $49,900 -5.7% $42 / Sq Ft
10/04/2018 10/04/18 Price Changed $52,900 -1.9% $45 / Sq Ft
09/07/2018 09/07/18 Price Changed $53,900 -1.8% $46 / Sq Ft
08/10/2018 08/10/18 For Sale $54,900 -- $47 / 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 $871 $75,300 $8,900 $66,400
2023 $840 $72,200 $8,900 $63,300
2022 $764 $64,600 $8,900 $55,700
2021 $654 $53,600 $8,000 $45,600
2020 $552 $45,300 $7,200 $38,100
2019 $497 $41,900 $7,200 $34,700
2018 $832 $35,700 $7,200 $28,500
2017 $898 $39,000 $8,000 $31,000
2016 $898 $39,000 $7,700 $31,300
2014 $927 $43,700 $8,500 $35,200
2013 -- $43,300 $8,500 $34,800
Source: Public Records

Agents Affiliated with this Home

  • Steve Slavin

    Seller's Agent in 2019

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    4 in this area

    434 Total Sales

    Section Image
  • Rachel Tucker

    Buyer's Agent in 2019

    Rachel Tucker

    RE/MAX

    (765) 405-9905

    5 in this area

    141 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201836182

Indiana Regional MLS

APN: 18-11-04-454-015.000-003

Indiana Delaware County Muncie 47303 Minnetrista

506 W Centennial Ave, Muncie, IN

This home is located at 506 W Centennial Ave, Muncie, IN 47303 since 10 August 2018 and is currently estimated at $105,356, approximately $89 per square foot. This property was built in 1946. 506 W Centennial Ave is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, 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.

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