NOT LISTED FOR SALE

Estimated Value: $83,000 - $108,000

1 Bed
1 Bath
1,457 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $75,000 $51 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $633/month

44 Days on Market

About This Home

As of September 2022

Nicely renovated 3 bedroom 1 bath investment property. Updates include luxury vinyl plank flooring, newer carpet, and a large backyard. Monthly rent is $1050, and tenants pay all utilities. The current lease expires 09/30/2022. The washer and dryer are included with the sale.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 06/23/2022

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Vinyl Siding

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 181103326015000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1925
  • Lot Size Acres: 0.22
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • MBR_AttributionContact: admin@kramerrealestategroup.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 79900

Garage/Parking

  • Unit Parking: 2 Car Space,Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 3140

Lot Info

  • Parcel Number: 181103326015000003
  • Acres: <1/4 Acre
  • Lot Information: Not Applicable
  • Lot Number: 0
  • Lot Size: 9,583

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 940
  • Semi Annual Property Tax Amt: 470
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community
  • Schools: Muncie Central High,North View Elementary,Northside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 14, 2022
Sold by
Homedone Llc
Bought by
Lau Eddie and Le Michelle
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Views
29
Current Estimated Value
$98,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,072
Avg. Annual Appreciation
9.00%
Original Mortgage
$60,000
Outstanding Balance
$57,672
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$39,376

Purchase Details

Closed on
Jun 23, 2021
Sold by
Revitalize Muncie Llc
Bought by
Homedone Llc

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 24, 2021
Sold by
Luttrell Diane K and Ctp Investments Llc
Bought by
Revitalize Muncie Llc
Seller's Agent
Laura Wright
PPG Real Estate LLC
Buyer's Agent
Laura Wright
PPG Real Estate LLC
List Price
$24,900
Sold Price
$24,000
Premium/Discount to List
-$900
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.60%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Pierce Sam A
Bought by
Ctp Investments Llc
Source: Public Records

Range of Values:

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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
Lau Eddie -- --
Homedone Llc -- None Available
Revitalize Muncie Llc -- None Available
Ctp Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Eddie $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $75,000 -6.1% $51 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $79,900 +232.9% $55 / Sq Ft
03/24/2021 03/24/21 Sold $24,000 -3.6% $16 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $24,900 -- $17 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,330 $60,600 $10,000 $50,600
2023 $1,338 $60,600 $10,000 $50,600
2022 $1,180 $52,700 $10,000 $42,700
2021 $1,058 $46,600 $7,200 $39,400
2020 $1,058 $46,600 $7,200 $39,400
2019 $1,058 $46,600 $7,200 $39,400
2018 $1,085 $48,100 $7,200 $40,900
2017 $1,079 $47,800 $7,200 $40,600
2016 $1,079 $47,800 $7,200 $40,600
2014 $1,061 $50,400 $7,200 $43,200
2013 -- $50,000 $7,200 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21865744

MIBOR Broker Listing Cooperative®

APN: 18-11-03-326-015.000-003