$370,000
SOLD FEB 14, 2025

5115 W River Rd Muncie, IN 47304

6 Beds
3.5 Baths
4,950 Sq Ft
2.54 Acres

Recently Sold

$75 Per Sq Ft

13% Below List Price

23 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Primary Bedroom Suite
  • Backs to Open Ground
  • Pleasant View Elementary School Rated A-
  • Open Floorplan
  • Great Room

About This Home

As of February 2025

Nestled along the picturesque White River, this one-of-a-kind 6-bedroom, 3.5-bathroom property is the perfect blend of luxury, comfort, and opportunity. Located on a highly sought-after road, the home offers unparalleled views of the river from its expansive deck, creating a breathtaking backdrop for relaxation or entertaining. With easy access to outdoor activities like fishing, tubing, and canoeing, this is more than just a home—it's a lifestyle. Properties like this, perched on the river, rarely come to market, making it a truly unique find. Designed with versatility in mind, the property boasts a spacious (apart from the main home) main-level guest quarters featuring a private entrance and exit, three bedrooms, a full kitchen, and a cozy living room. Ideal for use as a mother-in-law suite, rental income, or a private retreat for extended family, this area provides endless possibilities for the new owners. Additional amenities include a partial basement perfect for storage or shelter and not one but two heated garage bays that can accommodate up to five vehicles, catering to car enthusiasts or those in need of substantial workspace. From its stunning river views to its thoughtfully designed living spaces, this home offers the perfect combination of beauty and practicality. Whether you're seeking a private sanctuary on over 2.5 acres or a multi-generational home with income potential, this property is a rare opportunity to own a piece of riverside paradise. Don’t miss the chance to make this extraordinary home yours. A Breathtaking Riverfront Retreat is what everyone needs.

Last Agent to Sell the Property

Austin Rich

NextHome Elite Real Estate Brokerage Phone: 765-749-4546 Listed on: 12/14/2024

NextHome Elite Real Estate

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1972

Lot Details

  • 2.54 Acre Lot
  • 100 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Landscaped
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Property is zoned R-1 Residence Zone

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Workshop
  • Utility Room in Garage
  • Water Views
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Ceiling
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • ADA Inside
  • Suburban Location

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 18-10-13-200-011.000-035
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1972
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE QTR & PT NE QTR (RIVER ROAD TRAIL) S13 T20 R09 1.27 AC PT NE QTR & PT NE QTR (RIVER ROAD TRAIL) S13 T20 R09 1.27 AC
  • Parcel Number ID: 18-10-13-200-011.000-035
  • Platted: Yes
  • Amenities: ADA Features, Alarm System-Security, Breakfast Bar, Cable Ready, Ceiling Fan(s), Countertops-Laminate, Crown Molding, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Guest Quarters, Landscaped, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Cross Street: Morrison
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near Walking Trail
  • County Zoning: R-1 Residence Zone
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5190
  • Total Finished Sq Ft: 4950
  • Above Grade Finished Sq Ft: 4950
  • Below Grade Sq Ft: 240
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 21x16, On Level: Main
  • Extra Room: 6th Bedroom, Dimensions: 15x12, On Level: Upper
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Bedroom 4: Dimensions: 11x8, On Level: Upper
  • Bedroom 5: Dimensions: 15x12, On Level: Upper
  • Main Level Sq Ft: 4140
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 240

Exterior Features

  • Exterior: Block
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None
  • Water Frontage: 100
  • Water Name: White River

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 36x27
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Ceiling, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: DirectTV
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 10
  • Water Type: River
  • Well Type: Private

Schools

  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Irregular, Rolling, Slope, 0-2.9999, Water View, Waterfront-High Bank
  • Estimated Lot Sq Ft: 110642
  • Estimated Lot Size Acres: 2.54

Green Features

  • Energy Efficient: Appliances, Doors, Roofing, Water Heater

Tax Info

  • Annual Taxes: 2639
  • Exemptions: Homestead

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Feb 14, 2025
Sold by
Lapin Florence M
Bought by
Jennings Jared and Jennings Kortney
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
129
Current Estimated Value
$403,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,527
Avg. Annual Appreciation
10.74%
Original Mortgage
$220,000
Outstanding Balance
$214,682
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$188,845
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $370,000 -6.3% $75 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/05/2025 01/05/25 Price Changed $395,000 -7.1% $80 / Sq Ft
12/14/2024 12/14/24 For Sale $425,000 -- $86 / 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 $3,111 $306,500 $24,200 $282,300
2023 $2,663 $259,500 $24,200 $235,300
2022 $2,368 $230,000 $24,200 $205,800
2021 $2,293 $222,100 $26,600 $195,500
2020 $2,029 $196,100 $16,700 $179,400
2019 $2,058 $200,600 $17,500 $183,100
2018 $1,892 $184,000 $17,500 $166,500
2017 $2,009 $196,300 $21,400 $174,900
2016 $1,855 $180,100 $14,300 $165,800
2014 $1,899 $182,900 $14,300 $168,600
2013 -- $178,900 $13,600 $165,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202447239

Indiana Regional MLS

APN: 18-10-13-200-011.000-035