NOT LISTED FOR SALE

517 S Varsity Ave Muncie, IN 47304

Carlton-Ludingwood Neighborhood

Estimated Value: $142,000 - $169,000

3 Beds
1.5 Baths
1,144 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $120,000 $105 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $885/month

1 Day on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of September 2021

MOVE IN READY!! IMMEDIATE POSSESSION!! CLOSE TO BSU, HOSPITAL AND MORE! UPDATED 3 BEDROOM 1.5 BATH HOME WITH LARGE LIVING ROOM AND ALL NEW KITCHEN WITH ISLAND AND DINING AREA. NEW CARPET AND LAMINATE FLOORING THROUGHOUT. NEW CENTRAL AIR NEW HEATING WESTVIEW ELEMENTARY.

Last Agent to Sell the Property

John Rhodes

Rhodes Realty Listed on: 08/17/2021

Last Buyer's Agent

Michael Burke

Burke Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,144 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laminate Countertops
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 18-11-17-108-010.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: College Square Addn. - Lot # 10 |
  • Parcel Number ID: 18-11-17-108-010.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.08
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1144
  • Total Finished Sq Ft: 1144
  • Above Grade Finished Sq Ft: 1144
  • Price Per Sq Ft: 104.9
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 19x11, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Extra Room: MECHANICAL ROOM, Dimensions: 6x7
  • Bedroom 1: Dimensions: 25x10, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Basement
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Muncie Sanitary Dist.

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60X120
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Tax Info

  • Annual Taxes: 640

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 29, 2021
Sold by
Thompson Tony
Bought by
Webb Colton D and Keeley Ashley N
Seller's Agent
John Rhodes
Rhodes Realty
Buyer's Agent
Michael Burke
Burke Realty
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$152,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,352
Avg. Annual Appreciation
6.13%
Original Mortgage
$105,000
Outstanding Balance
$95,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$56,602

Purchase Details

Closed on
Apr 26, 2010
Sold by
Thompson Tony
Bought by
Layne Karla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
4.86%
Mortgage Type
Seller Take Back
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
Webb Colton D -- None Listed On Document
Webb Colton D $120,000 None Available
Layne Karla K $84,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Colton D $105,000
Previous Owner Layne Karla K $84,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $120,000 +0.1% $105 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $119,900 -- $105 / 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 $934 $82,600 $14,300 $68,300
2023 $914 $78,800 $13,000 $65,800
2022 $806 $68,400 $13,000 $55,400
2021 $673 $55,300 $11,000 $44,300
2020 $641 $52,200 $10,000 $42,200
2019 $568 $47,500 $9,100 $38,400
2018 $563 $49,600 $9,600 $40,000
2017 $557 $49,500 $10,100 $39,400
2016 $607 $52,300 $10,700 $41,600
2014 $464 $48,300 $10,700 $37,600
2013 -- $51,900 $11,200 $40,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Rhodes

    Rhodes Realty

    (765) 354-9820

    1 in this area

    28 Total Sales

    John Rhodes
    Section Image
  • Michael Burke

    Buyer's Agent in 2021

    Michael Burke

    Burke Realty

    (765) 808-0832

    3 in this area

    146 Total Sales

    Michael Burke
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202133985

Indiana Regional MLS

APN: 18-11-17-108-010.000-003

Indiana Delaware County Muncie 47304 Carlton-Ludingwood

517 S Varsity Ave, Muncie, IN

This home is located at 517 S Varsity Ave, Muncie, IN 47304 since 17 August 2021 and is currently estimated at $152,352, approximately $133 per square foot. This property was built in 1953. 517 S Varsity Ave is a home located in Delaware County with nearby schools including West View Elementary School, 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.

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