NOT LISTED FOR SALE

622 W Charles St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $35,000 - $62,000

4 Beds
3 Baths
1,512 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $30,000 $20 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $375/month

37 Days on Market

About This Home

As of March 2022

Historic 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.

Last Listed By

Heather Clemmons

Starr Real Estate, Inc. Listed on: 01/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $384

Year Built

  • Built in 1946

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 181116209009000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$384

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1946
  • Lot Size Acres: 0.08
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Crawl Space
  • List Price: 39900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 181116209009000003
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 0
  • Lot Size: 3,485

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 384
  • Semi Annual Property Tax Amt: 192
  • Tax Exemption: None

MLS Schools

  • School District: Muncie Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 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, Inc.
Buyer's Agent
Heather Clemmons
Starr Real Estate, Inc.
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Total Days on Market
37
Current Estimated Value
$50,000

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

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
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 -- -- --
01/18/2022 01/18/22 For Sale $39,900 -- $26 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $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

    Seller's Agent in 2022

    Heather Clemmons

    Starr Real Estate, Inc.

    (765) 288-1711

    29 in this area

    502 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21834165

MIBOR Broker Listing Cooperative®

APN: 18-11-16-209-009.000-003

Indiana Delaware County Muncie 47305 Old West End

622 W Charles St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 622 W Charles St, Muncie, IN 47305 since 18 January 2022 and is currently estimated at $50,000, approximately $33 per square foot. This property was built in 1946. 622 W Charles St is a home located in Delaware County with nearby schools including Muncie Central High School, South 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.