NOT LISTED FOR SALE

616 E County Road 500 S Muncie, IN 47302

Estimated Value: $153,050 - $220,000

3 Beds
1 Bath
1,632 Sq Ft
$116/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $11,000 $7 Per Sq Ft

Est. 1,616% increase in value since last sale

Current estimated payment $1,107/month

57 Days on Market

About This Home

As of July 2020

Quiet Country Setting. Perfect Renovation Project or Large Building Lot in Cowan Schools. Large home in need of TLC. Sold "as-is" - Condition of improvements is unknown. Home is NOT Vacant. Please respect the personal property. All Offers will be considered.

Last Agent to Sell the Property

Michael Dunn

MADUNN.COM Listed on: 03/24/2020

Last Buyer's Agent

Karen Dall

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1958

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 120 x 165
  • Lot Has A Rolling Slope

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Schools

  • Cowan Elementary And Middle School
  • Cowan High School

Utilities

  • Well Required
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-15-03-376-009.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 62
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E HLF SW QTR S03 T19 R10 0.44 AC
  • Parcel Number ID: 18-15-03-376-009.000-012
  • Platted: Yes
  • Sp Lp Percent: 50.23
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3264
  • Total Finished Sq Ft: 1632
  • Above Grade Finished Sq Ft: 1632
  • Below Grade Sq Ft: 1632
  • Price Per Sq Ft: 6.74
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1632

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Sewer: Septic
  • Water Utilities: Well Needed

Schools

  • School District: Cowan Community School Corp.
  • Elementary School: Cowan
  • Middle School: Cowan
  • High School: Cowan
  • Elementary School: Cowan

Lot Info

  • Lot Description: Rolling, Slope
  • Lot Dimensions: 120 x 165
  • Estimated Lot Sq Ft: 19166
  • Estimated Lot Size Acres: 0.44

MLS Schools

  • High School: Cowan
  • Middle School: Cowan
  • School District: Cowan Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jul 2, 2020
Sold by
Claspell John R
Bought by
Benfer Cara N and Benfer Dennis Robert
Seller's Agent
Michael Dunn
MADUNN.COM
Buyer's Agent
Karen Dall
Coldwell Banker Real Estate Group
List Price
$29,900
Sold Price
$11,000
Premium/Discount to List
-$18,900
-63.21%
Current Estimated Value
$188,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,763
Avg. Annual Appreciation
70.38%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Claspell John R
Bought by
Claspell John R

Purchase Details

Closed on
Mar 13, 2009
Sold by
Reynolds Michael L and Reynolds Jane E
Bought by
Claspell John R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Benfer Cara N -- None Available
Claspell John R -- None Available
Claspell John R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $11,000 -49.8% $7 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $21,900 -4.4% $13 / Sq Ft
04/22/2020 04/22/20 Price Changed $22,900 -8.0% $14 / Sq Ft
04/07/2020 04/07/20 Price Changed $24,900 -16.7% $15 / Sq Ft
03/24/2020 03/24/20 For Sale $29,900 -- $18 / 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 $968 $132,000 $15,000 $117,000
2023 $668 $109,600 $12,400 $97,200
2022 $588 $96,700 $12,400 $84,300
2021 $227 $43,600 $8,300 $35,300
2020 $21 $39,600 $8,300 $31,300
2019 $21 $37,600 $8,300 $29,300
2018 $21 $38,800 $8,300 $30,500
2017 $21 $30,900 $7,500 $23,400
2016 $21 $29,700 $7,400 $22,300
2014 $21 $31,500 $7,900 $23,600
2013 -- $30,100 $7,900 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202011179

Indiana Regional MLS

APN: 18-15-03-376-009.000-012