NOT LISTED FOR SALE

626 W Main St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $86,000 - $133,000

4 Beds
3 Baths
2,464 Sq Ft
$46/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $10,000 $4 Per Sq Ft

Est. 1,043% increase in value since last sale

Current estimated payment $737/month

497 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted
  • Covered patio or porch
  • Forced Air Heating System
  • 2-minute walk to Community Circle

About This Home

As of November 2018

Great investment. Three units. Close to down town, shopping, dining, river canal, view of the river and the walk/biking trails.

Last Agent to Sell the Property

Rickie Sipe

Property House Listed on: 06/09/2017

Last Buyer's Agent

Lisa Buckner

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 31x125
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Wood Foundation
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • SEER Rated 13+ Air Conditioning Units
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, heating, sewer, water
  • Assessor Parcel Number 18-11-09-456-023.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 128
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Pt Lot 9 SE Qtr on Main St 0.1000 Acres STR 0982010 In Out |
  • Parcel Number ID: 18-11-09-456-023.000-003
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Gas
  • Cross Street: Kilgore
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 092010
  • Sp Lp Percent: 33.44
  • Zoning Description: multi
  • Monthly Gross Income: 1750
  • Special Features: None

Interior Features

  • Total Sq Ft: 4928
  • Total Finished Sq Ft: 2464
  • Above Grade Finished Sq Ft: 2464
  • Above Grade Unfinished Sq Ft: 1232
  • Below Grade Sq Ft: 1232
  • Price Per Sq Ft: 4.06
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block, Brick, Wood
  • Flooring: Carpet, Part Carpet, Vinyl
  • Main Level Sq Ft: 1232
  • Total Below Grade Sq Ft: 1232
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Hvac: HVAC (13 Seer)
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 31x125
  • Estimated Lot Sq Ft: 3877
  • Estimated Lot Size Acres: 0.089
  • Lot Number: 1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Sewer, Water

Tax Info

  • Total Assessed Value: 69900
  • Annual Property Tax: 762

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Wilson Acquisitions Llc
Bought by
Wynn Funds Llc
Current Estimated Value
$114,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$137,954
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$25,954

Purchase Details

Closed on
Oct 18, 2021
Sold by
Johnson Arthur P
Bought by
Wilson Acquisitions Llc

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 8, 2018
Sold by
Stonebraker Re Holdings Llc
Bought by
Johnson Arthur P
Seller's Agent
Rickie Sipe
Property House
Buyer's Agent
Lisa Buckner
RE/MAX Real Estate Groups
List Price
$29,900
Sold Price
$10,000
Premium/Discount to List
-$19,900
-66.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.96%
Source: Public Records

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
Wynn Funds Llc -- None Listed On Document
Wilson Acquisitions Llc $44,000 None Available
Johnson Arthur P -- In Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Funds Llc $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $10,000 -66.6% $4 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
06/09/2017 06/09/17 For Sale $29,900 -- $12 / 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 $1,332 $61,200 $3,600 $57,600
2023 $1,128 $51,000 $3,000 $48,000
2022 $1,076 $48,400 $3,000 $45,400
2021 $804 $34,800 $3,900 $30,900
2020 $410 $33,600 $3,900 $29,700
2019 $308 $33,600 $3,900 $29,700
2018 $752 $32,200 $3,900 $28,300
2017 $762 $32,700 $3,900 $28,800
2016 $762 $32,700 $3,900 $28,800
2014 $623 $29,000 $3,700 $25,300
2013 -- $27,800 $3,600 $24,200
Source: Public Records

Agents Affiliated with this Home

  • Rickie Sipe

    Seller's Agent in 2018

    Rickie Sipe

    Property House

    (765) 744-2205

    2 in this area

    100 Total Sales

    Section Image
  • Lisa Buckner

    Buyer's Agent in 2018

    Lisa Buckner

    RE/MAX

    (765) 215-9665

    4 in this area

    426 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201726078

Indiana Regional MLS

APN: 18-11-09-456-023.000-003

Indiana Delaware County Muncie 47305 Old West End

626 W Main St, Muncie, IN

This home is located at 626 W Main St, Muncie, IN 47305 since 09 June 2017 and is currently estimated at $114,333, approximately $46 per square foot. This property was built in 1890. 626 W Main 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.

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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