NOT LISTED FOR SALE

601 N Alameda Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $155,000 - $182,984

4 Beds
2.5 Baths
2,374 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $81,200 $34 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,121/month

27 Days on Market

Highlights

  • Living Room with Fireplace
  • Storm Windows
  • Partially Fenced Property
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Westside Park

About This Home

As of February 2014

Located not far from Ball State, this is an excellent investment property that is currently leased and has multiple updates. This home offers over 2,300 sq ft of living space, 4 bedrooms (on 3 floors), 2.5 baths, large entry, living room with fireplace, dining room, kitchen, utility room, deck, enclosed front porch, and large bedrooms. The home is currently leased at $1,500/mo through July 19, 2014. Addnl lease data is on the investment listing within the MLS (MLS #55016). Updates include: Water heater (10), stove/range (09), carpet (12), thermostat (12), furnace (12), toilets (12), refrigerator (11), dryer (10), drywall/insulation (12), vanity (12), double vanity (11), newer lights and fans, freshly painted, updated plumbing, and landscaping. Comes with good parking. Great cash flow. Call for an appointment -- tenants may need time to prepare for showings.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 12/23/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

MEIAR NonMember

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2.5-Story Property
  • Living Room with Fireplace
  • Storm Windows
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18109406022000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 124
  • Style: Two and Half Story
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Alameda Sub 2 Lot #4
  • Parcel Number ID: 18109406022000
  • Platted: Yes
  • Amenities: Cable Available, Storm Windows
  • Zoning Description: Res
  • Special Features: None

Interior Features

  • Total Sq Ft: 2374
  • Total Finished Sq Ft: 2374
  • Above Grade Finished Sq Ft: 2374
  • Below Grade Sq Ft: 512
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Upper
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 24x24, On Level: Upper
  • Main Level Sq Ft: 999
  • Total Below Grade Sq Ft: 512

Exterior Features

  • Exterior: Shingle
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial, Privacy
  • Outbuilding2: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, Vectren Corp
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Laundry: Dimensions: 7xMain, On Level: 11

Condo/Co-op/Association

  • Other Fees Dollar: 10

Schools

  • Elementary School: Storer
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Tax Info

  • Annual Taxes: 1824
  • Total Assessed Value: 86800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Alc Capital 3 Llc
Bought by
Wynn Funds Llc
Current Estimated Value
$163,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Outstanding Balance
$111,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$48,622

Purchase Details

Closed on
Dec 18, 2019
Sold by
Alc Capital 2 Llc
Bought by
Alc Capital 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,880,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2016
Sold by
Dane & Derek Llc
Bought by
Alc Capital 2 Llc

Purchase Details

Closed on
Aug 15, 2005
Sold by
Michael Ronald W and Michael Marsha L
Bought by
Kosior Kazimierz W and Kosior Sandra G
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
Wynn Funds Llc -- None Listed On Document
Alc Capital 3 Llc -- In Title
Alc Capital 2 Llc -- --
Dane & Derek Llc -- --
Kosior Kazimierz W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Funds Llc $111,000
Previous Owner Alc Capital 3 Llc $8,880,000
Previous Owner Liu Catherine $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $81,200 -9.7% $34 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $89,900 -- $38 / 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 $2,588 $124,000 $18,000 $106,000
2023 $2,174 $103,300 $15,000 $88,300
2022 $2,190 $104,100 $15,000 $89,100
2021 $2,054 $115,400 $15,600 $99,800
2020 $2,054 $97,300 $14,200 $83,100
2019 $1,904 $89,100 $13,500 $75,600
2018 $2,033 $95,500 $15,000 $80,500
2017 $1,847 $86,300 $13,600 $72,700
2016 $1,769 $82,400 $13,000 $69,400
2014 $1,869 $91,300 $12,000 $79,300
2013 -- $86,800 $11,600 $75,200
Source: Public Records

Agents Affiliated with this Home

  • Steve Slavin

    Seller's Agent in 2014

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    10 in this area

    434 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    MEIAR NonMember

    NonMember MEIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20053231

Indiana Regional MLS

APN: 18-11-09-406-022.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

601 N Alameda Ave, Muncie, IN

This home is located at 601 N Alameda Ave, Muncie, IN 47303 since 23 December 2013 and is currently estimated at $165,996, approximately $69 per square foot. This property was built in 1890. 601 N Alameda Ave is a home located in Delaware County with nearby schools including Muncie Central High School, West View Elementary School, and Northside 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.

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