Seller's Agent in 2019
Kara DeWeese
KMD Real Estate LLC
(765) 212-7252
17 Total Sales
614 W Charles St Muncie, IN 47305
Old West End NeighborhoodEstimated Value: $53,000 - $124,000
6
Beds
3
Baths
3,266
Sq Ft
$27/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Pocket Doors
- Ceiling height of 9 feet or more
- Covered patio or porch
- Entrance Foyer
- 1-minute walk to Clifton Wallace Park
About This Home
As of May 2019Recently remodeled investment property while still maintaining the original, beautiful features. The many improvements include the roof replaced three years ago and high efficient furnace installed three years ago. Convenient to downtown area. Motivated seller. Great investment opportunity for new or veteran investors. This property offers three units, 3 bedroom, 2 bedroom, and 1 bedroom unit. Offers large kitchen with ample storage, nice size bathrooms, and comfortable living spaces. The 2 bedroom unit is under going renovations, which will be completed by owner prior to closing. The Three bedroom unit has been refreshed. The 1 bedroom and 3 bedroom units is occupied and generating cash flow of $1100 per month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $842
Year Built
- Built in 1843
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 43x140
- Level Lot
Home Design
- Triplex
- Wood Siding
Interior Spaces
- 3-Story Property
- Ceiling height of 9 feet or more
- Pocket Doors
- Entrance Foyer
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered patio or porch
Schools
- Southview Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Tenant pays for cable, electric
- The owner pays for heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 18-11-16-209-011.000-003
Community Details
Building Details
- 3 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $2,500
- Insurance Expense $1,500
- Maintenance Expense $1,200
- Water Sewer Expense $1,200
Additional Features
- 3 Units
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2021
Sold by
Dahdoul Jamal M
Bought by
Glover Teri
Total Days on Market
47
Current Estimated Value
Purchase Details
Listed on
Mar 9, 2019
Closed on
May 28, 2019
Sold by
Shostak Eugene
Bought by
Dahdoul Jamal M
Seller's Agent
Kara DeWeese
KMD Real Estate LLC
Buyer's Agent
Kara DeWeese
KMD Real Estate LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Purchase Details
Closed on
Oct 30, 2012
Sold by
Delaware County Auditor
Bought by
Shostak Eugene
Purchase Details
Closed on
Sep 19, 2005
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
$80,910
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glover Teri | $32,500 | None Available | |
| Dahdoul Jamal M | -- | In Title | |
| Shostak Eugene | $3,102 | -- | |
| Edmonds Jim | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Edmonds Jim | $80,910 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2019 05/29/19 | Sold | $40,000 | -19.8% | $12 / Sq Ft |
| 04/25/2019 04/25/19 | Pending | -- | -- | -- |
| 03/09/2019 03/09/19 | For Sale | $49,900 | -- | $15 / Sq Ft |
Source: Indiana Regional MLS
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 | $1,840 | $86,600 | $5,300 | $81,300 |
| 2023 | $1,306 | $59,900 | $4,400 | $55,500 |
| 2022 | $1,244 | $56,800 | $4,400 | $52,400 |
| 2021 | $934 | $41,300 | $5,700 | $35,600 |
| 2020 | $906 | $39,900 | $5,700 | $34,200 |
| 2019 | $970 | $43,100 | $5,700 | $37,400 |
| 2018 | $934 | $41,300 | $5,700 | $35,600 |
| 2017 | $950 | $42,100 | $5,700 | $36,400 |
| 2016 | $950 | $42,100 | $5,700 | $36,400 |
| 2014 | $755 | $35,600 | $5,400 | $30,200 |
| 2013 | -- | $34,100 | $5,200 | $28,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kara DeWeese
Map
Similar Home in Muncie, IN
Source: Indiana Regional MLS
MLS Number: 201908189
APN: 18-11-16-209-011.000-003
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.
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.
Nearby Homes
- 312 S Gharkey St
- 800 W Charles St
- 802 W Charles St
- 430 S Proud St
- 716 W Jackson St
- 301 S Walnut St Unit 304
- 114 S Walnut St
- 114 S Walnut St Unit 100 & 200
- 830 W North St
- 813 W 5th St
- 320 W 6th St
- 619 W Ashland Ave
- 1325 S Hoyt Ave
- 1408 W Jackson St
- 520 N Alameda Dr
- 517-519 Wheeling Ave
- 402 W 7th St
- 416 N Mulberry St
- 107 S Dicks St
- 1011 S Elm St