NOT LISTED FOR SALE

5500-5502 N Hazelnut St Muncie, IN 47304

Estimated Value: $121,000 - $218,000

4 Beds
2 Baths
1,850 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $159,333 $86 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,055/month

7 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Patio
  • Royerton Elementary School Rated A-
  • Eat-In Kitchen
  • Carpet

About This Home

As of June 2022

Seller offering duplex that shows strong return on investment. Located in popular Delta School district, each duplex offers 2BR-2BA, attached one-car garage, separate rear patio areas. All brick exterior, nice sized corner lot and easy access to many amenities including commercial retail areas and major thoroughfares. Also in close proximity to access Cardinal Greenway.

Last Agent to Sell the Property

Kerry Wiggerly

Berkshire Hathaway Indiana Realty Listed on: 04/19/2022

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

James Regester

Realty Professionals

Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1969

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120x150
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Well
  • Electric Water Heater

Additional Features

  • Patio
  • Suburban Location

Community Details

  • $10 Other Monthly Fees
  • 2 Units
  • Dice Acres Subdivision

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, water, water softener
  • The owner pays for tax
  • Assessor Parcel Number 18-07-29-327-009.000-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1969
  • Age: 53
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DICE ACRES FIRST EXT. - LOT #51
  • Parcel Number ID: 18-07-29-327-009.000-007
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Garage Door Opener, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.84
  • Monthly Gross Income: 1350
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1850
  • Total Finished Sq Ft: 1850
  • Above Grade Finished Sq Ft: 1850
  • Price Per Sq Ft: 86.13
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1850
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Ceiling
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: AEP/I&M

Condo/Co-op/Association

  • Other Fee Description: Storm and ditch
  • Other Fees Dollar: 118

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 120x150
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41

Rental Info

  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Sewer, Water, Water Softener

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2600

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 9, 2022
Sold by
West Gary and West John A
Bought by
Laid Back Living Inc
Seller's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
Buyer's Agent
James Regester
Realty Professionals
List Price
$158,000
Sold Price
$159,333
Premium/Discount to List
$1,333
0.84%
Current Estimated Value
$168,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,478
Avg. Annual Appreciation
1.74%
Original Mortgage
$336,000
Outstanding Balance
$126,233
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$42,578
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
Laid Back Living Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laid Back Living Inc $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $159,333 +0.8% $86 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $158,000 -- $85 / 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 $1,922 $90,200 $24,200 $66,000
2023 $1,922 $90,200 $24,200 $66,000
2022 $1,936 $90,900 $24,200 $66,700
2021 $2,506 $119,400 $15,200 $104,200
2020 $2,132 $100,700 $13,800 $86,900
2019 $2,104 $99,300 $13,800 $85,500
2018 $2,104 $99,300 $13,800 $85,500
2017 $2,104 $99,300 $15,000 $84,300
2016 $2,306 $109,400 $16,200 $93,200
2014 $2,323 $113,500 $16,200 $97,300
2013 -- $112,500 $16,200 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Kerry Wiggerly

    Seller's Agent in 2022

    Kerry Wiggerly

    Berkshire Hathaway Indiana Realty

    (765) 744-2998

    91 Total Sales

    Kerry Wiggerly
    Section Image
  • James Regester

    Buyer's Agent in 2022

    James Regester

    RE/MAX

    (812) 650-3600

    124 Total Sales

    James Regester
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202213976

Indiana Regional MLS

APN: 18-07-29-327-009.000-007

Indiana Delaware County Muncie 47304

5500-5502 N Hazelnut St, Muncie, IN

This home is located at 5500-5502 N Hazelnut St, Muncie, IN 47304 since 19 April 2022 and is currently estimated at $168,811, approximately $91 per square foot. This property was built in 1969. 5500-5502 N Hazelnut St is a home located in Delaware County with nearby schools including Royerton Elementary School, Delta Middle School, and Delta High 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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