NOT LISTED FOR SALE

612 W Adams St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $93,000 - $113,000

4 Beds
3 Baths
2,136 Sq Ft
$49/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $22,700 $11 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $679/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 2-minute walk to Clifton Wallace Park

About This Home

As of February 2019

Sold AS-IS. Bank approval needed on all offers. CPC is the property managing this property. Total of 16 properties in portfolio for sale. Properties can be packaged together. MLS #s:201850042,201850034, 201850033, 201850019, 201850014, 201850022, 201850023, 201850025, 201850032, 201850030, 201850028, 201850029, 201850020, 201850021, 201850026, 201850010

Last Agent to Sell the Property

Kari Blevins

Coldwell Banker Real Estate Group Listed on: 11/09/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Aaron Orr

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 2,790 Sq Ft Lot
  • Lot Dimensions are 45x62
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electric, fuel, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 181116204015000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1895
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: SS ADD W 45 FT 0.0000Acres STR: 162010 IN: 8 OUT: |
  • Parcel Number ID: 181116204015000003
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 56.89
  • Monthly Gross Income: 1074
  • Special Features: None

Interior Features

  • Total Sq Ft: 3204
  • Total Finished Sq Ft: 2136
  • Above Grade Finished Sq Ft: 2136
  • Below Grade Sq Ft: 1068
  • Price Per Sq Ft: 10.63
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Total Below Grade Sq Ft: 1068

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Muncie Community Schools
  • Elementary School: Southview
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45X62
  • Estimated Lot Sq Ft: 2790
  • Estimated Lot Size Acres: 0.064

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 26900
  • Annual Property Tax: 653.98

Multi Family

  • Gross Monthly Rent: 1074
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Chase Equities Muncie Llc
Bought by
M And M Estates Llc
Current Estimated Value
$103,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$889,462
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$800,444

Purchase Details

Listed on
Nov 9, 2018
Closed on
Feb 28, 2019
Sold by
Stonebraker Re Holdings Llc
Bought by
Chase Equities Muncie Llc
Seller's Agent
Kari Blevins
Coldwell Banker Real Estate Group
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$39,900
Sold Price
$22,700
Premium/Discount to List
-$17,200
-43.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.18%
Source: Public Records

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Range of Values:

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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
M And M Estates Llc -- Meridian Title
Chase Equities Muncie Llc -- In Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M And M Estates Llc $892,500
Previous Owner Muncie Properties Llc $1,042,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $22,700 -43.1% $11 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $39,900 -- $19 / 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 $1,226 $55,900 $3,600 $52,300
2023 $956 $42,400 $3,000 $39,400
2022 $914 $40,300 $3,000 $37,300
2021 $692 $29,200 $3,900 $25,300
2020 $672 $28,200 $3,900 $24,300
2019 $668 $28,000 $3,900 $24,100
2018 $646 $26,900 $3,900 $23,000
2017 $654 $27,300 $3,900 $23,400
2016 $654 $27,300 $3,900 $23,400
2014 $431 $19,400 $3,700 $15,700
2013 -- $18,700 $3,600 $15,100
Source: Public Records

Agents Affiliated with this Home

  • Kari Blevins

    Seller's Agent in 2019

    Kari Blevins

    Coldwell Banker Real Estate Group

    (765) 729-7977

    182 Total Sales

    Kari Blevins
    Section Image
  • Aaron Orr

    Buyer's Agent in 2019

    Aaron Orr

    RE/MAX

    (765) 212-1111

    5 in this area

    762 Total Sales

    Aaron Orr
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Map

Source: Indiana Regional MLS

MLS Number: 201850032

Indiana Regional MLS

APN: 18-11-16-204-015.000-003

Indiana Delaware County Muncie 47305 Old West End

612 W Adams St, Muncie, IN

This home is located at 612 W Adams St, Muncie, IN 47305 since 09 November 2018 and is currently estimated at $103,667, approximately $48 per square foot. This property was built in 1895. 612 W Adams St is a home located in Delaware County with nearby schools including Muncie Central High School, South 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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