NOT LISTED FOR SALE

5505-5507 W Keller Rd Muncie, IN 47304

Lantern-Pearwood-Keller Neighborhood

Estimated Value: $161,000 - $176,000

4 Beds
2 Baths
1,624 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $150,000 $92 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,123/month

41 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Built-In Features
  • Pleasant View Elementary School Rated A-
  • Eat-In Kitchen
  • Shed

About This Home

As of August 2023

CASH OFFERS ONLY! Highly desirable duplex located in prime location in the Yorktown School District. Both sides have 2 beds/1 bath, Central A/C & one car attached garage. The huge yard with shed will also help bring top dollar rent. With some simple TLC (flooring, paint and a few cosmetic updates), this duplex has the potential to bring top dollar rent. Two units up the street recently rented for $1200 and $1250 (slightly larger square footage). New well appr. 10 years ago (over 100 ft deep). Excellent spot near restaurants, shopping, amenities and I-69.

Last Listed By

Stephanie Cooper

RE/MAX Real Estate Groups Listed on: 06/08/2023

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1974

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Carpet
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

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

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Private Water Source
  • Private Company Owned Well
  • Well
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 18-10-01-254-003.000-036

Community Details

Overview

  • 2 Units
  • Keller West Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Age: 49
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 13, 111374-036 KELLER WEST SEC A & B
  • Parcel Number ID: 18-10-01-254-003.000-036
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Attic Pull Down Stairs, Attic Storage, Built-in Desk, Cable Available, Deck Open, Eat-In Kitchen, Garage Door Opener, Landscaped, Water Softener-Owned, Water Softener-Rented
  • Cross Street: Morrison Road
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.91
  • Year Taxes Payable: 2022 paid 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 1624
  • Above Grade Finished Sq Ft: 1624
  • Above Grade Unfinished Sq Ft: 616
  • Price Per Sq Ft: 92.36
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Ceiling
  • Sewer: Public
  • Water Utilities: Private, Well
  • Well Type: Private
  • Number Of W D Hookups: 2

Schools

  • School District: Yorktown Community Schools
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)
  • Middle School: Yorktown
  • High School: Yorktown
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x180
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 24, 2023
Sold by
Bickel Maurice D
Bought by
Yzz Ventures Llc
Seller's Agent
Stephanie Cooper
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Total Days on Market
41
Views
30
Current Estimated Value
$171,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,186
Avg. Annual Appreciation
4.22%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

  • 921 W Carson St, Muncie, IN 47303

    $164,000

    • 3 Beds
    • 1 Bath
    • 1,242 Sq Ft
    • 921 W Carson St
    • Muncie, IN

    NOTE: A NEW ROOF IS NOW INSTALLED! Excellent home or investment property near the Ball State Campus! This is 1,242 SF of living space, 3 bedrooms (one on the main floor), 1 bath, with ample surface parking in the rear. This is currently leased for $900/mo to July 21, 2025. The tenant pays all utilities. Washer/Dryer is in the basement. Hot water heater is only 1 year old. The furance/AC

    Steve Slavin Coldwell Banker Real Estate Group

    Section Image
  • 602 N Mckenzie St, Muncie, IN 47304

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,945 Sq Ft
    • 602 N Mckenzie St
    • Muncie, IN

    Well maintained duplex grossing $1,675/month.

    Ryan Kramer RE/MAX Real Estate Groups

    Section Image
  • 830 W North St, Muncie, IN 47303

    $139,000

    • 6 Beds
    • 3 Baths
    • 1,772 Sq Ft
    • 830 W North St
    • Muncie, IN

    Calling all investors! This incredible triplex in the sought-after area of Muncie, IN is the great opportunity for an investment property. Located just minutes away from Ball State University and the picturesque Cardinal Greenway. It features two downstairs units and one upstairs; and a detached garage to us at your discursion. Don't miss out on this prime real estate opportunity in this great

    Joann Davis F.C. Tucker Muncie, REALTORS

    Section Image
  • 520 N Alameda Dr, Muncie, IN 47303

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,853 Sq Ft
    • 520 N Alameda Dr
    • Muncie, IN

    Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

    Lisa Buckner RE/MAX Real Estate Groups

    Section Image
  • 517-519 Wheeling Ave, Muncie, IN 47303

    $167,000

    • 5 Beds
    • 2 Baths
    • 2,948 Sq Ft
    • 517-519 Wheeling Ave
    • Muncie, IN

    Great investment opportunity just 1.5 miles from Ball State University. This tri-plex is generating more than $3k per month in rental income as all three units are leased. Each unit is equipped with oven/range, refrigerator, washer and dryer.

    Heather Upton Keller Williams Indy Metro NE

    Section Image
  • 400 E Highland Ave, Muncie, IN 47303

    $199,000

    • 4 Beds
    • 2 Baths
    • 3,272 Sq Ft
    • 400 E Highland Ave
    • Muncie, IN

    Step inside this beautifully remodeled duplex. The home has been renovated from top to bottom with high end materials built to last. The location is one of the best being walking distance to the new YMCA, Minnetrista cultural center, downtown Muncie, and the Cardinal Greenway walking trail. The main level has central air, designer lvp flooring throughout, a dream bathroom with marble tile and

    Ali Starkey RE/MAX Real Estate Groups

    Section Image
  • 1709 S Elm St, Muncie, IN 47302

    $160,000

    • 2 Beds
    • 1 Bath
    • 1709 S Elm St
    • Muncie, IN

    Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH

    Ryan Boots Boots Realty, LLC

    Section Image
See All Homes in Muncie

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
Yzz Ventures Llc $150,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $150,000 -9.1% $92 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $165,000 0.0% $102 / Sq Ft
07/14/2023 07/14/23 Price Changed $165,000 -5.7% $102 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $175,000 -- $108 / 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 $2,090 $98,100 $16,200 $81,900
2023 $2,093 $98,100 $16,200 $81,900
2022 $2,111 $99,000 $16,200 $82,800
2021 $1,947 $90,800 $15,000 $75,800
2020 $1,869 $86,900 $15,000 $71,900
2019 $1,979 $92,400 $15,000 $77,400
2018 $1,979 $92,400 $15,000 $77,400
2017 $1,971 $92,000 $15,000 $77,000
2016 $1,974 $92,100 $15,000 $77,100
2014 $1,905 $91,900 $15,000 $76,900
2013 -- $91,100 $15,000 $76,100
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Cooper

    Seller's Agent in 2023

    Stephanie Cooper

    RE/MAX

    (765) 591-2100

    4 in this area

    134 Total Sales

    Stephanie Cooper
    Section Image

  • D

    Buyer's Agent in 2023

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    8 in this area

    3,918 Total Sales

    Diana Martin
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202319315

Indiana Regional MLS

APN: 18-10-01-254-003.000-036

Indiana Delaware County Muncie 47304 Lantern-Pearwood-Keller

5505-5507 W Keller Rd, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 5505-5507 W Keller Rd, Muncie, IN 47304 since 08 June 2023 and is currently estimated at $171,186, approximately $105 per square foot. This property was built in 1974. 5505-5507 W Keller Rd is a home located in Delaware County with nearby schools including Pleasant View Elementary School, Yorktown Elementary School, and Yorktown Middle 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.

Nearby Homes