NOT LISTED FOR SALE

616 W University Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $110,000 - $140,000

3 Beds
1 Bath
976 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $64,000 $66 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $929/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered patio or porch
  • Central Air
  • Traditional Architecture
  • 1-Story Property
  • 2-minute walk to Westside Park

About This Home

As of July 2016

This home has 3 bedrooms, 1 full bathroom and is located right next to BSU and the hospital. Great location for your home or a rental. Hardwood floors throughout most of the home. Fireplace in the living room. Nice covered porch and off street parking. Appliances are included.

Last Agent to Sell the Property

Nate Jennings

RE/MAX Real Estate Groups Listed on: 04/23/2016

RE/MAX Real Estate Groups

Last Buyer's Agent

Michael Burke

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 18-11-09-410-022.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 91
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ALA Place Sub 5 Lot 1
  • Parcel Number ID: 18-11-09-410-022.000-003
  • Platted: Yes
  • Amenities: Patio Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 106.67
  • Special Features: None

Interior Features

  • Total Sq Ft: 976
  • Total Finished Sq Ft: 976
  • Above Grade Finished Sq Ft: 976
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Fireplace: Living/Great Rm, Wood Burning
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 8x9, On Level: Main
  • Dining Room: Dimensions: 11x13, On Level: Main
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 66X132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 1

Tax Info

  • Annual Taxes: 1226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Cardinal Rentals Llc
Bought by
Wynn Funds Llc
Total Days on Market
12
Current Estimated Value
$127,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$95,351
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$24,695

Purchase Details

Closed on
May 11, 2022
Sold by
Neal Austin M
Bought by
Cardinal Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.72%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 23, 2016
Closed on
Jul 7, 2016
Sold by
Coleman David H and Coleman Debra A
Bought by
Neal Austin M and Neal Jay E
Seller's Agent
Nate Jennings
RE/MAX Real Estate Groups
Buyer's Agent
Michael Burke
RE/MAX Real Estate Groups
List Price
$60,000
Sold Price
$64,000
Premium/Discount to List
$4,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$62,840
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 2, 2012
Closed on
Aug 22, 2012
Sold by
Carroll Charles L and Carroll Brenna
Bought by
Coleman David H and Coleman Debra A
Seller's Agent
Bob Ford
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Michael Burke
RE/MAX Real Estate Groups
List Price
$56,000
Sold Price
$49,500
Premium/Discount to List
-$6,500
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Clevenger Teresa L
Bought by
Carroll Charles L and Carroll Brenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,250
Interest Rate
5.78%
Mortgage Type
New Conventional
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
Wynn Funds Llc -- None Listed On Document
Cardinal Rentals Llc $105,000 Trulock James W
Neal Austin M -- --
Coleman David H -- Youngs Title
Carroll Charles L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Funds Llc $96,000
Previous Owner Cardinal Rentals Llc $84,000
Previous Owner Neal Austin M $62,840
Previous Owner Carroll Charles L $57,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $64,000 +6.7% $66 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $60,000 +21.2% $61 / Sq Ft
08/22/2012 08/22/12 Sold $49,500 -11.6% $51 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $56,000 -- $57 / 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 $2,540 $121,600 $22,000 $99,600
2023 $2,026 $95,900 $18,400 $77,500
2022 $992 $88,400 $18,400 $70,000
2021 $910 $80,200 $19,100 $61,100
2020 $791 $68,300 $17,400 $50,900
2019 $737 $62,900 $16,600 $46,300
2018 $763 $67,600 $18,400 $49,200
2017 $681 $61,000 $16,700 $44,300
2016 $665 $58,100 $15,900 $42,200
2014 $1,293 $62,500 $14,700 $47,800
2013 -- $59,500 $14,200 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Nate Jennings

    Seller's Agent in 2016

    Nate Jennings

    RE/MAX

    (765) 702-4732

    1 in this area

    142 Total Sales

    Nate Jennings
    Section Image
  • Michael Burke

    Buyer's Agent in 2016

    Michael Burke

    RE/MAX

    (765) 808-0832

    2 in this area

    163 Total Sales

    Michael Burke
    Section Image

  • B

    Seller's Agent in 2012

    Bob Ford

    F.C. Tucker Muncie, REALTORS

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201618156

Indiana Regional MLS

APN: 18-11-09-410-022.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

616 W University Ave, Muncie, IN

This home is located at 616 W University Ave, Muncie, IN 47303 since 23 April 2016 and is currently estimated at $127,649, approximately $130 per square foot. This property was built in 1925. 616 W University Ave is a home located in Delaware County with nearby schools including Muncie Central High School, West View Elementary School, 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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