NOT LISTED FOR SALE

614 N Mulberry St Unit 614-616 Muncie, IN 47305

McKinley Neighborhood

Estimated Value: $104,000 - $257,000

-- Bed
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $89,000

Est. 132% increase in value since last sale

Current estimated payment $1,251/month

37 Days on Market

About This Home

As of August 2022

Located walking distance to Muncie Central High School, this is a MASSIVE duplex that has very large units that are fully rented! This cash flowing duplex has 3 bedrooms and 1.5 bathrooms PER UNIT. Add to your portfolio as an easy cash flowing duplex, or rehab the property to increase the value and rents. There are plenty of options with this great property. Schedule a tour today!

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group Listed on: 06/07/2022

Last Buyer's Agent

Thomas Capers

Capers Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1900

Lot Details

  • 5,227

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • The owner pays for lawncare, taxes
  • Assessor Parcel Number 181110306013000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1900
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full
  • List Price: 99000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 181110306013000003
  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 0
  • Lot Size: 5,227

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1026
  • Semi Annual Property Tax Amt: 513
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 29, 2022
Sold by
Aziz Bhai
Bought by
Winters Enterprise Llc
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Thomas Capers
Capers Realty
List Price
$99,000
Sold Price
$89,000
Premium/Discount to List
-$10,000
-10.1%
Views
5
Current Estimated Value
$206,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,695
Avg. Annual Appreciation
35.11%
Original Mortgage
$62,300
Outstanding Balance
$59,954
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$146,741

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 30, 2021
Sold by
B & B Premier Properties Llc
Bought by
Bhai Aziz and Noorani Rozina
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Heather Clemmons
Starr Real Estate, Inc.
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.79%

Purchase Details

Closed on
Oct 31, 2011
Sold by
O D C S Building Corporation
Bought by
B & B Premier Properties Llc
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
Winters Enterprise Llc $89,000 --
Bhai Aziz $65,000 None Available
B & B Premier Properties Llc -- Youngs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winters Enterprise Llc $62,300
Previous Owner B & B Premier Properties Llc $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $89,000 -10.1% --
07/14/2022 07/14/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $99,000 0.0% --
06/23/2022 06/23/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $99,000 +52.3% --
10/04/2021 10/04/21 Sold $65,000 -18.6% --
09/16/2021 09/16/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $79,900 -- --
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 $1,196 $54,400 $7,400 $47,000
2023 $1,196 $54,400 $7,400 $47,000
2022 $1,314 $60,300 $7,400 $52,900
2021 $988 $44,000 $5,400 $38,600
2020 $1,026 $45,900 $5,400 $40,500
2019 $1,004 $44,800 $5,400 $39,400
2018 $1,002 $44,700 $5,400 $39,300
2017 $1,000 $44,600 $5,400 $39,200
2016 $1,000 $44,600 $5,400 $39,200
2014 $829 $39,300 $5,400 $33,900
2013 -- $38,900 $5,400 $33,500
Source: Public Records

Agents Affiliated with this Home

  • Maxwell Richter

    Seller's Agent in 2022

    Maxwell Richter

    Wilmoth Group

    (317) 842-3400

    1 in this area

    267 Total Sales

    Section Image
  • Thomas Capers

    Buyer's Agent in 2022

    Thomas Capers

    Capers Realty

    (574) 217-5894

    2 in this area

    87 Total Sales

    Section Image
  • Heather Clemmons

    Seller's Agent in 2021

    Heather Clemmons

    Starr Real Estate LLC

    (765) 288-1711

    6 in this area

    502 Total Sales

    Heather Clemmons
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21861695

MIBOR Broker Listing Cooperative®

APN: 18-11-10-306-013.000-003

Indiana Delaware County Muncie 47305 McKinley

614 N Mulberry St Unit 614-616, Muncie, IN

This home is located at 614 N Mulberry St Unit 614-616, Muncie, IN 47305 since 07 June 2022 and is currently estimated at $206,695. This property was built in 1900. 614 N Mulberry St Unit 614-616 is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, and Northside Middle School.

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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.

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