523 W 8th St Unit 525 Muncie, IN 47302
Thomas Park-Avondale NeighborhoodEstimated Value: $72,000 - $85,000
3
Beds
1.5
Baths
1,541
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating System
- Level Lot
- 2 Car Detached Garage
About This Home
As of August 2020Investment Opportunity. 3 bedroom, 1.5 bath. Currently rented for 650/mo on a 12 month lease (Sec 8 approved). 2 car detached garage. Updated furnace & newer windows. Possible investor package with 4 other listings on 8th St.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $108
Year Built
- Built in 1885
Lot Details
- 5,124 Sq Ft Lot
- Lot Dimensions are 42x122
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,541 Sq Ft Home
- 2-Story Property
- Crawl Space
- Gas Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Schools
- Southview Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 18-11-16-453-011.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2024
Sold by
Cardinal Rentals Llc
Bought by
Wynn Funds Llc
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$107,238
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$29,224
Purchase Details
Closed on
Nov 7, 2022
Sold by
Horner Houston and Horner Katie E
Bought by
Cardinal Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.08%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 26, 2022
Sold by
Potter Place Llc
Bought by
Horner Houston and Horner Katie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,950
Interest Rate
3.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2020
Closed on
Aug 10, 2020
Sold by
Jamfi Holdings Llc
Bought by
Potter Place Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Dustin Ford
RE/MAX Real Estate Groups
List Price
$39,900
Sold Price
$40,000
Premium/Discount to List
$100
0.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Purchase Details
Closed on
Oct 31, 2019
Sold by
Bridges Community Services Inc
Bought by
Jamfi Holdings Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Muncie, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wynn Funds Llc | -- | None Listed On Document | |
| Cardinal Rentals Llc | -- | -- | |
| Horner Houston | $54,600 | Smith James W | |
| Potter Place Llc | -- | None Available | |
| Jamfi Holdings Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wynn Funds Llc | $108,000 | |
| Previous Owner | Cardinal Rentals Llc | $64,000 | |
| Previous Owner | Horner Houston | $40,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2020 08/12/20 | Sold | $40,000 | +0.3% | $26 / Sq Ft |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- |
| 07/16/2020 07/16/20 | For Sale | $39,900 | -- | $26 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $952 | $42,100 | $3,800 | $38,300 |
| 2023 | $821 | $35,600 | $3,800 | $31,800 |
| 2022 | $829 | $36,000 | $3,800 | $32,200 |
| 2021 | $613 | $25,200 | $4,100 | $21,100 |
| 2020 | $535 | $21,300 | $3,600 | $17,700 |
| 2019 | $108 | $21,000 | $3,600 | $17,400 |
| 2018 | $108 | $21,000 | $3,600 | $17,400 |
| 2017 | $108 | $19,100 | $3,600 | $15,500 |
| 2016 | $108 | $20,300 | $4,000 | $16,300 |
| 2014 | $43 | $22,000 | $4,000 | $18,000 |
| 2013 | -- | $20,900 | $4,000 | $16,900 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Clemmons
Seller's Agent in 2020
Heather Clemmons
Starr Real Estate LLC
(765) 288-1711
32 in this area
500 Total Sales
-
Dustin Ford
Buyer's Agent in 2020
Dustin Ford
RE/MAX
(765) 428-6800
5 in this area
147 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202027701
APN: 18-11-16-453-011.000-003
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