616 W University Ave Muncie, IN 47303
Riverside-Normal City Neighborhood
--
Bed
--
Bath
976
Sq Ft
8,712
Sq Ft Lot
Highlights
- Covered Patio or Porch
- Central Air
- 2-minute walk to Westside Park
- 1-Story Property
- Wood Siding
About This Home
As of July 2016Craftsman Home with a lot of updates done in the past few years. Three bedrooms with one full bath home close to Ball State and the Hospital. Features newer Central air and heating, 200 amp electric services. Newer plumbing, newer kitchen cabinets and flooring. Most of the home has hardwood floors. Exterior painting has been done. Tuck pointing done to all exterior brick areas. Covered rear porch with off street parking. Wood burning fireplace. Basement has had exterior drainage done for lots of extra storage or living space. Would make a good rental or make this your personal home and be close to all the actives in and around the downtown area. The appliances are negotiable but will not be warranty.
Last Agent to Sell the Property
Bob Ford
F.C. Tucker Muncie, REALTORS Listed on: 08/02/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,074
Year Built
- Built in 1925
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Sloped Lot
Parking
- Stone Driveway
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Living Room with Fireplace
- Basement
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 1109410022000
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
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
$96,000
Outstanding Balance
$95,100
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$30,949
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
Burke Realty
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
7.68%
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
Burke Realty
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
Similar Homes in Muncie, IN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $105,000 | Trulock James W | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Youngs Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $96,000 | New Conventional | |
| Previous Owner | $84,000 | Construction | |
| Previous Owner | $62,840 | FHA | |
| Previous Owner | $57,250 | New Conventional |
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
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
131 Total Sales
-
Michael Burke
Buyer's Agent in 2016
Michael Burke
Burke Realty
(765) 808-0832
1 in this area
148 Total Sales
-
B
Seller's Agent in 2012
Bob Ford
F.C. Tucker Muncie, REALTORS
Map
Source: Indiana Regional MLS
MLS Number: 20038860
APN: 18-11-09-410-022.000-003
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