NOT LISTED FOR SALE

624 E Adams St Muncie, IN 47305

East Central Neighborhood

Estimated Value: $126,000 - $174,605

3 Beds
2 Baths
2,580 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $32,500 $13 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $956/month

23 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • Storm Windows
  • Privacy Fence
  • 1-minute walk to Washington Park

About This Home

As of February 2012

Well-kept remodeled duplex near downtown (& Ivy Tech) with lots of character. Both units include range & refrig. Upper unit has brand new carpet and paint. Lower unit leased thru Aug. 2013.

Last Agent to Sell the Property

Donna Polcz

RE/MAX Real Estate Groups Listed on: 11/28/2011

RE/MAX Real Estate Groups

Co-Listed By

Marjorie Jameson

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Donna Polcz

RE/MAX Real Estate Groups Listed on: 11/28/2011

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 62x85
  • Privacy Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Storm Windows
  • Washer Hookup

Outdoor Features

  • Covered patio or porch

Schools

  • East Washington Academy Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 181115127009000003

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $845
  • Maintenance Expense $2,058
  • Water Sewer Expense $858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 114
  • Style: Two Story
  • Legal Description: Coffeys Add, ex. N 40 ft. |
  • Parcel Number ID: 181115127009000003
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Covered, Storm Windows, Water Heater Electric, Washer Hook-Up
  • Location: Near College Campus
  • Sp Lp Percent: 81.45
  • Zoning Description: Multi
  • Annual Miscellaneous: 346
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3380
  • Total Finished Sq Ft: 2580
  • Above Grade Finished Sq Ft: 2580
  • Below Grade Sq Ft: 800
  • Price Per Sq Ft: 12.6
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Total Below Grade Sq Ft: 800

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Fence: Chain Link, Privacy

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Insurance Expense: 845
  • Annual Maintenance Expense: 2058
  • Annual Water Sewer Expense: 858

Schools

  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62x85
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 57800
  • Annual Property Tax: 782.42

Multi Family

  • Number Of Units: 2

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2015
Sold by
Waid William Mark
Bought by
Waid William Mark and Waid Christina Louise
Current Estimated Value
$141,651

Purchase Details

Closed on
Jun 17, 2014
Sold by
Allen Dennis R
Bought by
Waid William Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Outstanding Balance
$39,508
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$98,247

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 1, 2012
Sold by
Hartig Debra A
Bought by
Allen Dennis R
Seller's Agent
Donna Polcz
RE/MAX Real Estate Groups
Buyer's Agent
Donna Polcz
RE/MAX Real Estate Groups
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$24,375
Interest Rate
3.91%
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
Waid William Mark -- --
Waid William Mark -- --
Allen Dennis R -- In Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waid William Mark $51,200
Previous Owner Allen Dennis R $24,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2012 02/02/12 Sold $32,500 -18.5% $13 / Sq Ft
12/21/2011 12/21/11 Pending -- -- --
11/28/2011 11/28/11 For Sale $39,900 -- $15 / 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 $2,025 $127,800 $13,800 $114,000
2023 $1,705 $106,500 $11,500 $95,000
2022 $1,510 $95,300 $16,600 $78,700
2021 $1,678 $104,700 $16,700 $88,000
2020 $1,391 $87,200 $13,900 $73,300
2019 $1,357 $85,800 $13,900 $71,900
2018 $1,256 $81,000 $12,600 $68,400
2017 $1,208 $78,200 $10,900 $67,300
2016 $1,168 $75,000 $10,900 $64,100
2014 $899 $63,200 $8,900 $54,300
2013 -- $32,500 $8,900 $23,600
Source: Public Records

Agents Affiliated with this Home

  • Donna Polcz

    Seller's Agent in 2012

    Donna Polcz

    RE/MAX

    (765) 744-2877

    Section Image
  • Marjorie Jameson

    Seller Co-Listing Agent in 2012

    Marjorie Jameson

    Berkshire Hathaway Indiana Realty

    (765) 749-1696

    4 in this area

    113 Total Sales

    Marjorie Jameson
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20020287

Indiana Regional MLS

APN: 18-11-15-127-009.000-003

Indiana Delaware County Muncie 47305 East Central

624 E Adams St, Muncie, IN

This home is located at 624 E Adams St, Muncie, IN 47305 since 28 November 2011 and is currently estimated at $141,651, approximately $54 per square foot. This property was built in 1900. 624 E Adams St is a home located in Delaware County with nearby schools including East Washington Academy, Muncie Central High 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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