$225,000
SOLD JUL 9, 2025

520 S Butterfield Rd Muncie, IN 47303

3 Beds
2 Baths
3,942 Sq Ft
9.93 Acres

Recently Sold

$57 Per Sq Ft

20% Below List Price

3 Days on Market

Highlights

  • A-Frame Home
  • Built-in Bookshelves
  • Bathtub with Shower
  • Partially Wooded Lot
  • Double Vanity
  • Ranch Style House

About This Home

As of July 2025

Unique property that includes two homes, pole barn, and 9.932 acres. Approx. 8 +/- acres are tillable. Main home is a 3 bed 2 bath with two large living room areas and a built on sun room full of windows. This home has the attached Bellwood Art Studio where reportedly Bob Ross painted and gave lessons along with other local painters and artists. The spacious art studio and storage area has its own heat and central air with three entrances along with covered car port. The property also has a 30x40 pole barn with concrete floors. The A-Frame on the property,514 & 516 S Butterfield, was the original art studio and then turned into a two unit rental property. Each unit is a 2 bed 1 bath. A long secluded driveway takes you to the property surrounded by farm fields. This property is perfect for an investor or someone looking to rehab the structures, live in the main house, and have rental income in the second home.

Last Agent to Sell the Property

Seth Stanley

NextHome Elite Real Estate Brokerage Phone: 765-749-5817 Listed on: 06/08/2025

NextHome Elite Real Estate

Last Buyer's Agent

Seth Stanley

NextHome Elite Real Estate Brokerage Phone: 765-749-5817 Listed on: 06/08/2025

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1956

Lot Details

  • 9.93 Acre Lot
  • Lot Dimensions are 610x710
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $10 per month

Home Design

  • A-Frame Home
  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,942 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • East Washington Academy Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Septic System

Community Details

  • $10 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 18-11-13-176-001.000-001
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1956

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Age: 69
  • Style: One Story
  • Architectural Style: A-Frame, Ranch
  • Total Number of Rooms: 11
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SE QTR NW QTR S13 T20 R10 9.932 AC
  • Parcel Number ID: 18-11-13-176-001.000-001
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Built-In Bookcase, Countertops-Laminate, Dryer Hook Up Electric, Range/Oven Hk Up Gas/Elec, Twin Sink Vanity, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 80.36
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3942
  • Total Finished Sq Ft: 3942
  • Above Grade Finished Sq Ft: 3942
  • Price Per Sq Ft: 57.08
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x22, On Level: Main
  • Kitchen: Dimensions: 11x18, On Level: Main
  • Dining Room: Dimensions: 11x15, On Level: Main
  • Family Room: Dimensions: 17x21, On Level: Main
  • Extra Room: Art Studio, Dimensions: 26x41, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 10x15, On Level: Main
  • Bedroom 3: Dimensions: 11x14, On Level: Main
  • Other Room1: Studio Storage, Dimensions: 13x20, On Level: Main
  • Other Room 2: Sunroom, Dimensions: 14x23, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 30x40, 1200

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Hot Water
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx12, On Level: 10

Condo/Co-op/Association

  • Other Fee Description: Storm Water and Ditch
  • Other Fees Dollar: 118

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded, 6-9.999
  • Lot Dimensions: 610x710
  • Estimated Lot Sq Ft: 432638
  • Estimated Lot Size Acres: 9.932

Tax Info

  • Annual Taxes: 868.9
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2025
Closed on
Jun 19, 2025
Sold by
Bell Paul G
Bought by
Huston Danny
Seller's Agent
Seth Stanley
NextHome Elite Real Estate
Buyer's Agent
Seth Stanley
NextHome Elite Real Estate
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%
Views
28
Current Estimated Value
$255,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,237
Avg. Annual Appreciation
56.88%
Source: Public Records

Range of Values:

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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
Personal Reps Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $225,000 -19.6% $57 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/08/2025 06/08/25 For Sale $280,000 -- $71 / 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 $987 $195,900 $32,400 $163,500
2023 $2,130 $180,400 $29,000 $151,400
2022 $2,132 $186,600 $25,400 $161,200
2021 $1,968 $170,100 $23,500 $146,600
2020 $1,958 $170,000 $23,400 $146,600
2019 $2,043 $170,200 $25,900 $144,300
2018 $2,028 $170,600 $26,400 $144,200
2017 $2,049 $170,100 $28,500 $141,600
2016 $2,078 $174,400 $29,500 $144,900
2014 $2,168 $220,300 $30,300 $190,000
2013 -- $236,500 $47,700 $188,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202521816

Indiana Regional MLS

APN: 18-11-13-176-001.000-001