NOT LISTED FOR SALE

514 W Main St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $82,352 - $112,000

3 Beds
2 Baths
-- Sq Ft
4,199 Sq Ft Lot

Last Sold October 25, 2019

Last sale price $20,000

Est. 398% increase in value since last sale

Current estimated payment $645/month

42 Days on Market

About This Home

As of October 2019

Tri-plex , two units down and one up. One unit is an efficiency, the other ones offer 2 bedrooms each. Case #156-005473

Last Agent to Sell the Property

Gwen Montgomery

RE/MAX Real Estate Groups Listed on: 08/21/2019

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 4,199 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Community Details

  • Jacksons Donation Subdivision

Listing and Financial Details

  • The owner pays for no utilities
  • Assessor Parcel Number 181109457012000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1895
  • Lot Size Acres: 0.0964
  • Structure Type: Triplex
  • Subdivision Name: JACKSONS DONATION
  • Inspection Warranties: Not Applicable
  • Property Description: Tri-plex , two units down and one up. One unit is an efficiency, the other ones offer 2 bedrooms each. Case #156-005473
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: HUD-Owned
  • Foundation Details: Concrete Perimeter, Crawl Space
  • List Price: 23000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 181109457012000003
  • Acres: <1/4 Acre
  • Lot Information: Other
  • Lot Number: 6
  • Lot Size: 4,200

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 720
  • Semi Annual Property Tax Amt: 360
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community
  • Schools: Muncie Central High,Northside Middle,South View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 28, 2019
Sold by
Hud
Bought by
514Ma1305trust
Seller's Agent
Gwen Montgomery
RE/MAX Real Estate Groups
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$23,000
Sold Price
$20,000
Premium/Discount to List
-$3,000
-13.04%
Current Estimated Value
$99,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,588
Avg. Annual Appreciation
31.51%

Purchase Details

Closed on
May 8, 2019
Sold by
Bank Of America
Bought by
Hud

Purchase Details

Closed on
Sep 13, 2017
Sold by
Delaware County Sheriff
Bought by
Bank Of America

Purchase Details

Closed on
Dec 30, 2005
Sold by
Kousari Ehsan and Kousari Atta
Bought by
Hummer Jarrod A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,337
Interest Rate
6.34%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
514Ma1305trust -- None Available
Hud -- None Available
Bank Of America $52,500 --
Hummer Jarrod A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hummer Jarrod A $60,392
Previous Owner Hummer Jarrod A $52,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $20,000 -13.0% --
10/03/2019 10/03/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $23,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $1,228 $56,000 $4,800 $51,200
2023 $1,088 $49,000 $4,000 $45,000
2022 $1,038 $46,500 $4,000 $42,500
2021 $788 $34,000 $5,100 $28,900
2020 $766 $32,900 $5,100 $27,800
2019 $748 $32,000 $4,600 $27,400
2018 $720 $30,600 $4,600 $26,000
2017 $516 $31,000 $4,600 $26,400
2016 $516 $31,000 $4,600 $26,400
2014 $397 $26,800 $4,400 $22,400
2013 -- $25,800 $4,300 $21,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gwen Montgomery

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2019

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2019

    IUO Non-BLC Member

    Non-BLC Office

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21663272

MIBOR Broker Listing Cooperative®

APN: 18-11-09-457-012.000-003

Indiana Delaware County Muncie 47305 Old West End

514 W Main St, Muncie, IN

This home is located at 514 W Main St, Muncie, IN 47305 since 21 August 2019 and is currently estimated at $99,588. This property was built in 1895. 514 W Main St is a home located in Delaware County with nearby schools including Muncie Central High School, South View Elementary 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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