614 N Mulberry St Unit 614-616 Muncie, IN 47305
McKinley Neighborhood
--
Bed
--
Bath
--
Sq Ft
5,227
Sq Ft Lot
About This Home
As of August 2022Located 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
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,947
Avg. Annual Appreciation
33.72%
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
Similar Homes in Muncie, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $89,000 | -- | |
| Warranty Deed | $65,000 | None Available | |
| Corporate Deed | -- | Youngs Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $62,300 | New Conventional | |
| Previous Owner | $31,500 | Future Advance Clause Open End Mortgage |
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
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
-
M
Seller's Agent in 2022
Maxwell Richter
Wilmoth Group
-
T
Buyer's Agent in 2022
Thomas Capers
Capers Realty
-
Seller's Agent in 2021
Heather Clemmons
Starr Real Estate LLC
(765) 288-1711
6 in this area
496 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21861695
APN: 18-11-10-306-013.000-003
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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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