NOT LISTED FOR SALE

5304-5306 N Everett Rd Muncie, IN 47304

Estimated Value: $125,000 - $194,048

4 Beds
2 Baths
1,912 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $80,000 $42 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,014/month

184 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Patio
  • Royerton Elementary School Rated A-
  • Triple Pane Windows
  • Laundry in Utility Room

About This Home

As of February 2017

This is a very well maintained 2 unit duplex on the North end of town in the Royerton/Delta School District. Great proximity to the North end of Muncie. Both units are identical in size and features. Each unit is 956 sq ft of living space, with 2 bedrooms, 1 bath, and have a one car attached garage. The North unit is currently occupied and the tenant pays $475/mo plus utilities. This is a month to month lease and the long term tenant would like stay. The Listing Agent asked two local larger property managers about what may be a current lease amount per unit. They report that possible lease range is likely $550-650/month ($6,600-7,800/year) ($13,200-15,000/yr. for both units). The South unit is vacant. Other details: Roof is 5 years old, water heater is 9 years old, unit has electric ceiling cable heat and AC units stay with the home. Each unit has a refrigerator and oven/range plus one unit has a washer and dryer that remain with the home. Newer carpet in the South unit. Insulated doors. Huge back yard! Easy to show. Call for an appointment.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 07/12/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1970

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 112x135
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Triple Pane Windows
  • Insulated Doors
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Outdoor Features

  • Patio

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, lawn maintenance, snow removal
  • The owner pays for maintenance, sewer, tax
  • Assessor Parcel Number 18-07-29-304-003.000-007

Community Details

Overview

  • 2 Units
  • Brewington Park Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Maintenance Expense $100
  • Water Sewer Expense $421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Age: 47
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Brewington Park Sec A Lot #2 |
  • Parcel Number ID: 18-07-29-304-003.000-007
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Landscaped, Patio Open, Storm Doors
  • Sp Lp Percent: 91.01
  • Monthly Gross Income: 475
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 1912
  • Total Finished Sq Ft: 1912
  • Above Grade Finished Sq Ft: 1912
  • Price Per Sq Ft: 41.84
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1912
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Metal
  • Roof Material: Asphalt, Shingle
  • Fence: Partial, Chain Link
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 100
  • Annual Water Sewer Expense: 421
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Royerton

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 112x135
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Roofing
  • Energy Efficient Windows/Doors: Insulated Doors, Multi Pane Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Tax
  • Tenant Pays: Electric, Lawn Maintenance, Snow Removal

Tax Info

  • Total Assessed Value: 80700
  • Annual Property Tax: 1814

Multi Family

  • Gross Monthly Rent: 475
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Eckerty Kevin D
Bought by
Cardinal Eckonomics Llc
Current Estimated Value
$163,012

Purchase Details

Closed on
Mar 1, 2019
Sold by
Trshp Properties Llc
Bought by
Eckerty Kevin D

Purchase Details

Listed on
Jul 12, 2016
Closed on
Feb 3, 2017
Sold by
Halteman Jay R and Halteman Cathleen
Bought by
Trshp Properties Llc
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$97,900
Sold Price
$80,000
Premium/Discount to List
-$17,900
-18.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Feb 15, 2005
Sold by
Wilkins John H
Bought by
Halteman Jay R and Halteman Catheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Cardinal Eckonomics Llc -- None Listed On Document
Eckerty Kevin D -- None Available
Trshp Properties Llc -- --
Halteman Jay R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halteman Jay R $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $80,000 -18.3% $42 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
07/12/2016 07/12/16 For Sale $97,900 -- $51 / 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 $1,794 $83,800 $21,700 $62,100
2023 $1,794 $83,800 $21,700 $62,100
2022 $1,808 $84,500 $21,700 $62,800
2021 $1,752 $81,700 $23,900 $57,800
2020 $1,848 $86,500 $23,900 $62,600
2019 $1,804 $84,300 $21,700 $62,600
2018 $1,744 $81,300 $21,500 $59,800
2017 $1,748 $81,500 $20,900 $60,600
2016 $1,732 $80,700 $19,900 $60,800
2014 $1,757 $85,200 $19,000 $66,200
2013 -- $79,200 $18,300 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201633388

Indiana Regional MLS

APN: 18-07-29-304-003.000-007