S
Seller's Agent in 2016
Susan Miller
Coldwell Banker Real Estate Group
615 1/2 E Gilbert St Muncie, IN 47305
East Central NeighborhoodEstimated Value: $110,000 - $157,000
2
Beds
2
Baths
2,221
Sq Ft
$57/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Car Attached Garage
- Baseboard Heating
- Wood Flooring
- Ceiling height of 9 feet or more
- 1-minute walk to Gilbert Park
About This Home
As of April 2016Located approximately 1/2 mile from Downtown Muncie, this 2 unit is in an older residential area between Monroe and Vine Street. Both units have just one bedroom and one bath, kitchen and a living area. The lower unit has a separate dining area and a washer/dryer hook-up in the bath. The lower unit was renter for $400 per month until recently. There is a gas furnace for the lower unit and just one gas meter. The upper unit is accessed via an outside entrance off the alley. The seller reports that this 1.5 story could be converted back to a single family home. Please not: these is a small single car attached garage but no other off street parking. Occupants must park 1/2 block away on either Vine or Monroe Streets. The seller has indicated the roof is over 20 years old and the purchaser will be buying "as is". The basement door is located in the garage on the left-please use caution. There are 2 electrical meters. Possession upon closing.
Last Agent to Sell the Property
Susan Miller
Coldwell Banker Real Estate Group Listed on: 01/14/2016
Last Buyer's Agent
Susan Miller
Coldwell Banker Real Estate Group Listed on: 01/14/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1870
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 31x46
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Ceiling height of 9 feet or more
- Partially Finished Basement
- Crawl Space
- Fire and Smoke Detector
- Washer Hookup
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- East Washington Academy Elementary School
- Northside Middle School
- Central High School
Additional Features
- Suburban Location
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 18-11-10-381-009.000-003
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- Electric Expense $1,751
- Fuel Expense $1,150
- Insurance Expense $422
- Water Sewer Expense $326
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2020
Sold by
Payne Jennifer Steele and Payne Stephen W
Bought by
Rohe Kathryn M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$66,709
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$58,882
Purchase Details
Closed on
Oct 17, 2017
Sold by
Mangan Paul C and Vajda Michael P
Bought by
Payne Jennifer Steele and Payne Stephen W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 14, 2016
Closed on
Apr 18, 2016
Sold by
Major Joseph E
Bought by
Mangan Paul C and Vajda Michael P
Seller's Agent
Susan Miller
Coldwell Banker Real Estate Group
Buyer's Agent
Susan Miller
Coldwell Banker Real Estate Group
List Price
$14,900
Sold Price
$5,500
Premium/Discount to List
-$9,400
-63.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.14%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rohe Kathryn M | -- | None Available | |
| Payne Jennifer Steele | -- | -- | |
| Mangan Paul C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rohe Kathryn M | $75,000 | |
| Previous Owner | Payne Jennifer Steele | $46,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2016 04/25/16 | Sold | $5,500 | -63.1% | $2 / Sq Ft |
| 04/04/2016 04/04/16 | Pending | -- | -- | -- |
| 01/14/2016 01/14/16 | For Sale | $14,900 | -- | $7 / 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 | $1,231 | $74,900 | $5,700 | $69,200 |
| 2023 | $1,017 | $60,600 | $4,800 | $55,800 |
| 2022 | $825 | $53,100 | $6,900 | $46,200 |
| 2021 | $934 | $59,000 | $6,900 | $52,100 |
| 2020 | $792 | $50,700 | $5,800 | $44,900 |
| 2019 | $958 | $42,500 | $5,800 | $36,700 |
| 2018 | $912 | $40,200 | $5,300 | $34,900 |
| 2017 | $693 | $39,000 | $4,600 | $34,400 |
| 2016 | $528 | $28,000 | $4,600 | $23,400 |
| 2014 | $767 | $36,200 | $4,300 | $31,900 |
| 2013 | -- | $35,900 | $4,300 | $31,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Indiana Regional MLS
MLS Number: 201601895
APN: 18-11-10-381-009.000-003
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