$65,000
SOLD OCT 4, 2021

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

McKinley Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

19% Below List Price

22 Days on Market

About This Home

As of August 2022

Don't miss this investment opportunity! Built to be a Duplex. Separated meters. 2 water heaters, 2 gas furnaces and 2 central air units. This 2-story side by side is over 3800 sq.ft. Spacious 3 bedroom and 1.5-bathroom apartments with w/d hook ups. Currently both units rented on 12-month leases. unit 614 @ $550 month and 616 @ $600 month rents. Renter pays all utilities (gas, electric, w/s/t). Owner provides Mowing. Partial Basement. Large wrap around porch adds plenty of curb appeal to this rare building

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC License #RB14039183 Listed on: 08/24/2021

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC License #RB14039183 Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • 1900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: N Walnut St, right onto E North St, left onto N Mulberry St to property on right
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1900

Interior Features

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

Exterior Features

  • Foundation Details: Block, Full
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1401

Lot Info

  • 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

Tax Info

  • Semi Annual Property Tax Amt: 513
  • Tax Exemption: None
  • Tax Annual Amount: 1026
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21809127

MIBOR Broker Listing Cooperative®

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