NOT LISTED FOR SALE

5204 N Morrison Rd Muncie, IN 47304

Estimated Value: $163,000 - $189,000

3 Beds
1 Bath
1,129 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $80,000 $71 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,050/month

230 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Royerton Elementary School Rated A-
  • 2 Car Detached Garage
  • Woodwork

About This Home

As of April 2017

Original owners, custom brick ranch, large 2 car detached garage with opener. Extra wide driveway. TV tower. Garden space and fruit trees. Enclosed summer porch. Living room with wood burning fireplace and crown molding. Roof on the house and garage are 2 years old. Newer carpet and vinyl. Plaster walls. Full basement with sump pump. GFA and C/A.

Last Agent to Sell the Property

Rickie Sipe

Property House, Inc. Listed on: 07/15/2016

Last Buyer's Agent

Rickie Sipe

Property House, Inc. Listed on: 07/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1959

Lot Details

  • 0.54 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,129 Sq Ft Home
  • Woodwork
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 180730351002000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$564

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1959
  • Building Area Total: 2258
  • Garage Y N: Yes
  • Lot Size Acres: 0.54
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: rickie@indy.net
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Sump Pump
  • Appliances: None, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Wood Work Painted, Wood Work Stained, Eat-in Kitchen
  • Living Area: 1129
  • Main Level Bedrooms: 3
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1129
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2258

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 89900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.54
  • Parcel Number: 180730351002000007
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 564
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 282
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Apr 27, 2017
Sold by
Hatfield Larry
Bought by
Barker Corey Dl
Seller's Agent
Rickie Sipe
Property House, Inc.
Buyer's Agent
Rickie Sipe
Property House, Inc.
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$175,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,980
Avg. Annual Appreciation
9.75%
Original Mortgage
$78,551
Outstanding Balance
$67,675
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$108,305
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
Barker Corey Dl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Corey Dl $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2017 04/27/17 Sold $80,000 -11.0% $71 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $89,900 +12.4% $80 / Sq Ft
01/13/2017 01/13/17 Off Market $80,000 -- --
09/19/2016 09/19/16 Price Changed $89,900 -5.3% $80 / Sq Ft
07/15/2016 07/15/16 For Sale $94,900 -- $84 / Sq Ft
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 $1,409 $145,700 $16,400 $129,300
2023 $1,209 $133,900 $16,400 $117,500
2022 $1,164 $128,500 $16,400 $112,100
2021 $1,202 $124,600 $18,600 $106,000
2020 $913 $103,900 $15,500 $88,400
2019 $952 $109,800 $16,300 $93,500
2018 $905 $109,800 $16,300 $93,500
2017 $517 $99,900 $16,300 $83,600
2016 $676 $108,300 $18,100 $90,200
2014 $458 $99,700 $16,400 $83,300
2013 -- $98,800 $16,400 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21430496

MIBOR Broker Listing Cooperative®

APN: 18-07-30-351-002.000-007