NOT LISTED FOR SALE

614 N Elm St Muncie, IN 47305

McKinley Neighborhood

Estimated Value: $25,877 - $119,000

3 Beds
3 Baths
2,234 Sq Ft
$37/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $16,000 $7 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $512/month

601 Days on Market

About This Home

As of September 2018

Investment Opportunity 3 unit investment property in Muncie! All units rented! Units #2 & #3 are 1 bedroom downstairs apartments with living room, kitchen & bathroom. Unit # 1 is larger with a spacious living room, 2 bedrooms & bathroom upstairs. Each unit has its own entrance. This property has a basement to work on the systems easily. Large lot for more parking. Great opportunity to get into the rental business or add to your portfolio. There are 3 electric meters Tenants pay electric bills.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC License #RB14039183 Listed on: 11/07/2016

Last Buyer's Agent

Robert Ping

Ping Realty, LLC License #RB16001203

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,710 Sq Ft Lot
  • Irregular Lot

Home Design

  • Vinyl Siding

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for lawncare, trash collection, water
  • Assessor Parcel Number 181110308012000003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1900
  • Lot Size Acres: 0.177
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity 3 unit investment property in Muncie! All units rented! Units #2 & #3 are 1 bedroom downstairs apartments with living room, kitchen & bathroom. Unit # 1 is larger with a spacious living room, 2 bedrooms & bathroom upstairs. Each unit has its own entrance. This property has a basement to work on the systems easily. Large lot for more parking. Great opportunity to get into the rental business or add to your portfolio. There are 3 electric meters Tenants pay electric bills.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Lawncare, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 22900

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 181110308012000003
  • Acres: <1/4 Acre
  • Lot Information: Irregular
  • Lot Number: 13-14
  • Lot Size: .177

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 650
  • Semi Annual Property Tax Amt: 325
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Smith Stephen
Bought by
New Age Homes Llc
Current Estimated Value
$83,469

Purchase Details

Closed on
Jul 2, 2019
Sold by
Smith Stephen
Bought by
Madyja Llc

Purchase Details

Listed on
Nov 7, 2016
Closed on
Oct 5, 2018
Sold by
Sinay Matthew
Bought by
Smith Stephen
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Robert Ping
Ping Realty, LLC
List Price
$22,900
Sold Price
$16,000
Premium/Discount to List
-$6,900
-30.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.82%

Purchase Details

Listed on
Jun 18, 2013
Closed on
Jun 28, 2013
Sold by
Desert Investment Group Trust
Bought by
Sinay Matthew
Seller's Agent
Larry Phillips
RE/MAX Real Estate Groups
Buyer's Agent
Larry Phillips
RE/MAX Real Estate Groups
List Price
$7,900
Sold Price
$7,500
Premium/Discount to List
-$400
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Olivieri Corlyce
Bought by
The Desert Investment Group Trust

Purchase Details

Closed on
Oct 29, 2010
Sold by
Jory Cassandra
Bought by
Olivieri Corlyce

Purchase Details

Closed on
May 30, 2010
Sold by
Purvis Steve
Bought by
Jory Cassandra and Olivieri Corlyce

Purchase Details

Closed on
Feb 26, 2010
Sold by
Garlik Investment Properties Inc
Bought by
Purvis Steve

Purchase Details

Closed on
Jun 24, 2008
Sold by
Marino Emmanuel A
Bought by
Garlik Investments Properties Inc

Purchase Details

Closed on
May 7, 2008
Sold by
Wells Fargo Bank Na
Bought by
Marino Emanuel A

Purchase Details

Closed on
Mar 8, 2008
Sold by
Edmonds Jim
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 20, 2004
Sold by
Souffrant Donald J and Souffrant Janet K
Bought by
Edmonds Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
New Age Homes Llc $25,000 Fidelity National Title
Smith Stephen $25,000 Fidelity National Title
Madyja Llc -- None Available
Smith Stephen -- None Available
Sinay Matthew -- --
The Desert Investment Group Trust -- Lawyers Title
Olivieri Corlyce -- Multiple
Jory Cassandra $10,000 --
Jory Cassandra -- Nations Title
Purvis Steve -- First American
Garlik Investments Properties Inc -- None Available
Marino Emanuel A -- None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Edmonds Jim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edmonds Jim $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $16,000 -30.1% $7 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $22,900 0.0% $10 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $22,900 0.0% $10 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $22,900 +43.1% $10 / Sq Ft
05/07/2018 05/07/18 Off Market $16,000 -- --
10/30/2017 10/30/17 Price Changed $22,900 -23.4% $10 / Sq Ft
04/06/2017 04/06/17 For Sale $29,900 0.0% $13 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $29,900 0.0% $13 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $29,900 +298.7% $13 / Sq Ft
07/01/2013 07/01/13 Sold $7,500 -5.1% $3 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $7,900 -- $4 / 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 $560 $22,600 $9,100 $13,500
2023 $794 $34,300 $9,100 $25,200
2022 $1,202 $37,500 $9,100 $28,400
2021 $658 $27,500 $6,800 $20,700
2020 $658 $27,500 $6,800 $20,700
2019 $674 $28,300 $6,800 $21,500
2018 $672 $28,200 $6,800 $21,400
2017 $1,067 $28,200 $6,800 $21,400
2016 $672 $28,200 $6,800 $21,400
2014 $645 $30,100 $6,800 $23,300
2013 -- $29,800 $6,800 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemmons

    Seller's Agent in 2018

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    6 in this area

    502 Total Sales

    Heather Clemmons
    Section Image
  • Robert Ping

    Buyer's Agent in 2018

    Robert Ping

    Ping Realty, LLC

    (317) 332-8726

    111 Total Sales

    Robert Ping
    Section Image
  • Larry Phillips

    Seller's Agent in 2013

    Larry Phillips

    RE/MAX

    (765) 744-5158

    74 Total Sales

    Larry Phillips
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21452141

MIBOR Broker Listing Cooperative®

APN: 18-11-10-308-012.000-003

Indiana Delaware County Muncie 47305 McKinley

614 N Elm St, Muncie, IN

This home is located at 614 N Elm St, Muncie, IN 47305 since 07 November 2016 and is currently estimated at $83,469, approximately $37 per square foot. This property was built in 1900. 614 N Elm St is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes