NOT LISTED FOR SALE

5509 W Keller Rd Muncie, IN 47304

Lantern-Pearwood-Keller Neighborhood

Estimated Value: $190,000 - $233,000

4 Beds
4 Baths
1,960 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $94,000 $48 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,276/month

20 Days on Market

Highlights

  • Laundry in Utility Room
  • Tile Flooring
  • 4 Car Garage
  • Pleasant View Elementary School Rated A-
  • Central Air
  • Level Lot

About This Home

As of July 2016

.

Last Agent to Sell the Property

Mark Kelly

Berkshire Hathaway Indiana Realty Listed on: 04/19/2016

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Michael Lambert

Leading Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1974

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Garage
  • Driveway

Schools

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

Utilities

  • Central Air
  • Radiant Ceiling

Additional Features

  • Outbuilding
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, lawn maintenance
  • The owner pays for maintenance
  • Assessor Parcel Number 18-10-01-254-002.000-036

Community Details

Overview

  • 2 Units
  • Keller West Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,042

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: KELLER WEST 0.0000ACRES STR: 012009 IN: 12 OUT: |
  • Parcel Number ID: 18-10-01-254-002.000-036
  • Platted: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1960
  • Total Finished Sq Ft: 1960
  • Above Grade Finished Sq Ft: 1960
  • Flooring: Carpet, Tile
  • Main Level Sq Ft: 1960

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 336

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Number Electric Meters: 2
  • Number Water Meters: 2

Schools

  • 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

  • Lease Term: Month to Month
  • Owner Pays: Maintenance
  • Tenant Pays: Cable, Electric, Heating, Lawn Maintenance

Tax Info

  • Annual Property Tax: 2042

Multi Family

  • 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
Apr 19, 2016
Closed on
Jul 29, 2016
Sold by
Hiatt Real Estate Holdings Inc
Bought by
Kambham Uday
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Michael Lambert
Leading Home Realty
List Price
$108,800
Sold Price
$94,000
Premium/Discount to List
-$14,800
-13.6%
Current Estimated Value
$207,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,191
Avg. Annual Appreciation
8.77%
Original Mortgage
$70,500
Outstanding Balance
$56,359
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$150,832
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kambham Uday -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kambham Uday $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $94,000 -13.6% $48 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $108,800 -- $56 / 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 $2,236 $105,400 $16,200 $89,200
2023 $2,236 $105,400 $16,200 $89,200
2022 $2,256 $106,400 $16,200 $90,200
2021 $2,078 $97,500 $15,000 $82,500
2020 $1,980 $92,600 $15,000 $77,600
2019 $2,098 $98,500 $15,000 $83,500
2018 $2,098 $98,500 $15,000 $83,500
2017 $2,076 $97,400 $15,000 $82,400
2016 $2,076 $97,400 $15,000 $82,400
2014 $2,005 $97,100 $15,000 $82,100
2013 -- $94,100 $15,000 $79,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Kelly

    Seller's Agent in 2016

    Mark Kelly

    Berkshire Hathaway Indiana Realty

    (765) 744-7060

    71 Total Sales

    Mark Kelly
    Section Image
  • Michael Lambert

    Buyer's Agent in 2016

    Michael Lambert

    Leading Home Realty

    (765) 717-4723

    2 in this area

    160 Total Sales

    Michael Lambert
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201616577

Indiana Regional MLS

APN: 18-10-01-254-002.000-036

Indiana Delaware County Muncie 47304 Lantern-Pearwood-Keller

5509 W Keller Rd, Muncie, IN

Not Listed for Sale

MultiFamily

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