Seller's Agent in 2022
Heather Clemmons
Starr Real Estate LLC
(765) 288-1711
29 in this area
502 Total Sales
622 W Charles St Unit 1-3 Muncie, IN 47305
Old West End NeighborhoodEstimated Value: $35,000 - $62,000
2
Beds
3
Baths
1,512
Sq Ft
$33/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Covered patio or porch
- Baseboard Heating
- Corner Lot
- Eat-In Kitchen
- 2-minute walk to Clifton Wallace Park
About This Home
As of March 2022Historic West End Investment Opportunity! This 3-unit triplex sits on the corner of Charles & Gharkey near the heart of downtown Muncie. Currently vacant & ready for a new owner- priced low with needed repairs in mind. Upstairs is a 1 bed, 1 bath apt; downstairs is a 1 bed, 1 bath apt and an efficiency apt. When rented, tenants pay rent + all utilities. Immediate Income Potential! Sold as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $384
Year Built
- Built in 1946
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 43x81
- Corner Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Eat-In Kitchen
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Schools
- East Washington Academy Elementary School
- Northside Middle School
- Central High School
Utilities
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Additional Features
- Covered patio or porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, fuel, heating, sewer, water
- The owner pays for building insurance, maintenance, tax
- Assessor Parcel Number 18-11-16-209-009.000-003
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2022
Closed on
Mar 10, 2022
Sold by
Saivilla Invest Llc
Bought by
622 W Charles Llc
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Heather Clemmons
Starr Real Estate LLC
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
17.67%
Purchase Details
Closed on
Aug 1, 2018
Sold by
Mcnett Sherry
Bought by
Five Stream Ventures Llc
Purchase Details
Closed on
Jul 31, 2018
Sold by
Five Stream Ventures Llc
Bought by
Saivilla Invest Llc
Purchase Details
Closed on
Aug 16, 2005
Sold by
Mann Richard A and Mann Marijean
Bought by
Mcnett Sherry
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 |
|---|---|---|---|
| 622 W Charles Llc | $30,000 | Stauffer Terry A | |
| Five Stream Ventures Llc | -- | None Available | |
| Saivilla Invest Llc | -- | None Available | |
| Mcnett Sherry | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 622 W Charles Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $30,000 | -24.8% | $20 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | For Sale | $39,900 | -- | $26 / 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 | $1,164 | $52,800 | $4,000 | $48,800 |
| 2023 | $1,066 | $27,400 | $3,400 | $24,000 |
| 2022 | $628 | $26,000 | $3,400 | $22,600 |
| 2021 | $502 | $19,700 | $4,300 | $15,400 |
| 2020 | $492 | $19,200 | $4,300 | $14,900 |
| 2019 | $492 | $19,200 | $4,300 | $14,900 |
| 2018 | $476 | $18,400 | $4,300 | $14,100 |
| 2017 | $482 | $18,700 | $4,300 | $14,400 |
| 2016 | $522 | $20,700 | $4,300 | $16,400 |
| 2014 | $239 | $18,000 | $4,100 | $13,900 |
| 2013 | -- | $17,300 | $4,000 | $13,300 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Clemmons
Map
Source: Indiana Regional MLS
MLS Number: 202201667
APN: 18-11-16-209-009.000-003
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