NOT LISTED FOR SALE

603 E Adams St Muncie, IN 47305

East Central Neighborhood

Estimated Value: $50,000

3 Beds
5 Baths
2,581 Sq Ft
$19/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $40,000 $15 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $304/month

93 Days on Market

Highlights

  • Porch
  • Level Lot
  • 2-minute walk to Washington Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2012

5 unit investment property to be sold with vacant lot at 605 E Adams and 13 unit apartment building at 316 S Monroe. List price for three properties is $147,000. #4 is currently being used for storage; #5 has new carpet & vinyl; #2 & #3 are efficiency apartments; new roof shingles; fireplace not usuable;

Last Agent to Sell the Property

Sharon Strahan

RE/MAX Real Estate Groups Listed on: 06/27/2012

RE/MAX Real Estate Groups

Last Buyer's Agent

MEIAR NonMember

NonMember MEIAR

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1922

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x125
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1.5-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Washington Carver Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for maintenance, trash collection
  • The owner pays for building insurance, electric, fuel, sewer, tax, water
  • Assessor Parcel Number 1115131001000

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,370
  • Fuel Expense $1,253
  • Insurance Expense $1,428
  • Water Sewer Expense $377

Property Details

Home Type

Apartment

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1922
  • Style: One and Half Story
  • Legal Description: Coffeens 1st Addn |
  • Parcel Number ID: 1115131001000
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Open, Water Heater Gas
  • Zoning Description: res
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2581
  • Total Finished Sq Ft: 2581
  • Above Grade Finished Sq Ft: 2581
  • Below Grade Sq Ft: 921
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement
  • Main Level Sq Ft: 1845
  • Total Below Grade Sq Ft: 921

Exterior Features

  • Exterior: Shingle, Wood
  • Roof Material: Shingle

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Electric: 1370
  • Annual Fuel Expense: 1253
  • Annual Insurance Expense: 1428
  • Annual Water Sewer Expense: 377

Condo/Co-op/Association

  • Other Fees Dollar: 72

Schools

  • Elementary School: Washington Carver

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62x125
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Owner Pays: Building Insurance, Electric, Fuel, Sewer, Tax, Water
  • Tenant Pays: Maintenance, Trash Collection

Tax Info

  • Annual Property Tax: 1020

Multi Family

  • Number Of Units: 5

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2018
Sold by
Irving Russell and Taylor Ean
Bought by
Butter Dish Llc
Current Estimated Value
$50,000

Purchase Details

Closed on
Jul 7, 2017

Purchase Details

Closed on
Jun 22, 2017
Sold by
Blanch Christina and Wait William Mark
Bought by
Irving Russell and Taylor Ean

Purchase Details

Closed on
Jun 10, 2015
Sold by
Blase Daniela
Bought by
Waid William Mark and Blanch Christina Louise

Purchase Details

Closed on
May 16, 2013
Sold by
Solid House Inv Llc
Bought by
Blas Daniela

Purchase Details

Listed on
Jun 27, 2012
Closed on
Oct 23, 2012
Sold by
K L Costello Group Llc
Bought by
Solid House Investements Llc
Seller's Agent
Sharon Strahan
RE/MAX Real Estate Groups
Buyer's Agent
MEIAR NonMember
NonMember MEIAR
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
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
Butter Dish Llc -- --
-- -- --
Irving Russell -- --
Waid William Mark -- --
Blas Daniela -- --
Solid House Investements Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2012 10/23/12 Sold $40,000 -11.1% $15 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $45,000 -- $17 / 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 $477 $12,300 $6,300 $6,000
2023 $477 $12,300 $6,300 $6,000
2022 $477 $12,300 $6,300 $6,000
2021 $519 $13,700 $6,300 $7,400
2020 $477 $12,300 $4,900 $7,400
2019 $477 $12,300 $4,900 $7,400
2018 $147 $4,900 $4,900 $0
2017 $438 $16,500 $4,900 $11,600
2016 $304 $9,800 $4,900 $4,900
2014 $845 $39,200 $4,900 $34,300
2013 -- $37,300 $4,900 $32,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sharon Strahan

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2012

    MEIAR NonMember

    NonMember MEIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20020472

Indiana Regional MLS

APN: 18-11-15-131-001.000-003

Indiana Delaware County Muncie 47305 East Central

603 E Adams St, Muncie, IN

Not Listed for Sale

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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