NOT LISTED FOR SALE

614 N Mulberry St Muncie, IN 47305

McKinley Neighborhood

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

6 Beds
4 Baths
3,808 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $65,000 $17 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,251/month

23 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Carpet
  • Eat-In Kitchen
  • Level Lot
  • 4-minute walk to Greenway Pocket Park

About This Home

As of October 2021

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 Listed on: 08/23/2021

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC Listed on: 08/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44x122
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Storage In Attic
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

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

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 18-11-10-306-013.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT HACK RES 43HLF FTX122FT 0.1200ACRES STR: 102010 IN: OUT:
  • Parcel Number ID: 18-11-10-306-013.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Attic Storage, Eat-In Kitchen, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Sp Lp Percent: 81.35
  • Monthly Gross Income: 646
  • Special Features: None

Interior Features

  • Total Sq Ft: 5712
  • Total Finished Sq Ft: 3808
  • Above Grade Finished Sq Ft: 3808
  • Below Grade Sq Ft: 1904
  • Price Per Sq Ft: 17.07
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1904

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 375
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x122
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1150
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Aziz Bhai
Bought by
Winters Enterprise Llc
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.
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 23, 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 LLC
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
36.59%

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 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
10/04/2021 10/04/21 Sold $65,000 -18.6% $17 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $79,900 -- $21 / 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 $1,196 $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

  • 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: Indiana Regional MLS

MLS Number: 202135287

Indiana Regional MLS

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

Indiana Delaware County Muncie 47305 McKinley

614 N Mulberry St, Muncie, IN

This home is located at 614 N Mulberry St, Muncie, IN 47305 since 23 August 2021 and is currently estimated at $206,695, approximately $54 per square foot. This property was built in 1900. 614 N Mulberry St is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, 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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