NOT LISTED FOR SALE
8 Beds
4 Baths
3,024 Sq Ft
9,583 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $165,000 $55 Per Sq Ft

2 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Vinyl Flooring

About This Home

As of May 2021

Fully rented, 4 unit, apartment building. Each unit has newer flooring and paint. Most have newer cabinets. Each unit has A/C. Separate electric meters for each unit. 1 block from Dollar General. Rental income $2350 a month.

Last Agent to Sell the Property

Tammy Parker

F.C. Tucker Muncie, REALTORS Listed on: 04/16/2021

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 79x99
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Ceiling
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 18-02-33-229-012.000-025

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $540
  • Trash Expense $432
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1975
  • Age: 46
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Walnut Add Sec 3 0.0000 acres STR: 332209 IN: 36 OUT
  • Parcel Number ID: 18-02-33-229-012.000-025
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.77
  • Monthly Gross Income: 2350
  • Special Features: None

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 3024
  • Above Grade Finished Sq Ft: 3024
  • Price Per Sq Ft: 54.56
  • Basement Foundation: Slab
  • Flooring: Laminate, Vinyl
  • Main Level Sq Ft: 1512
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Gaston Water & Sewage
  • Cable Company: Dish Network
  • Annual Electric: 540
  • Annual Trash Expense: 432
  • Annual Water Sewer Expense: 1500

Schools

  • School District: Wes-Del Community Schools
  • Elementary School: Wes-Del
  • Middle School: Wes-Del
  • High School: Wesdel

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 79X99
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2350
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1469.99

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $165,000 +3.8% $55 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $159,000 -- $53 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202112733

Indiana Regional MLS

APN: 18-02-33-229-012.000-025