NOT LISTED FOR SALE

6406 E Piccadilly Rd Muncie, IN 47303

Estimated Value: $121,150 - $188,000

6 Beds
3 Baths
2,523 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $72,000 $29 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $949/month

363 Days on Market

Highlights

  • Porch
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Selma Elementary School Rated A-
  • Storm Windows
  • Level Lot

About This Home

As of April 2019

Here is you chance to own a nice investment property! Live in one unit and rent the other two, pay the mortgage and still make money. This property sold FHA the last time. New roof. Large yard. Parking for six cars. Large one car garage or shed to keep all the equipment like mower, etc. Located in the popular Liberty-Perry school area.

Last Agent to Sell the Property

Rickie Sipe

Property House Listed on: 02/20/2018

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1970

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,523 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Radiant Ceiling
  • Cable TV Available

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric, sewer, water
  • The owner pays for building insurance, maintenance, tax, trash collection
  • Assessor Parcel Number 18-12-18-227-006.000-010

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,167

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1970
  • Age: 49
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Keystone Addition 0.0000 Acres STR 182011 In 2 Out |
  • Parcel Number ID: 18-12-18-227-006.000-010
  • Platted: Yes
  • Amenities: Off Street Parking, Storage, Cable Ready, Detector-Smoke, Eat-In Kitchen, Porch Open, Storm Windows
  • Location: City/Town/Suburb
  • Section Number: 182011
  • Sp Lp Percent: 96
  • Monthly Gross Income: 102
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2523
  • Total Finished Sq Ft: 2523
  • Above Grade Finished Sq Ft: 2523
  • Price Per Sq Ft: 28.54
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Number Electric Meters: 3
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Liberty-Perry Community S.D.
  • Elementary School: Selma
  • Middle School: Selma
  • High School: Wapahani
  • Elementary School: Selma

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x180
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41
  • Lot Number: 2

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Electric, Sewer, Water

Tax Info

  • Exemptions: Homestead, Mortgage, Supplemental
  • Annual Property Tax: 1166.64

Multi Family

  • Gross Monthly Rent: 14700
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Southern Skyler and Goldstein Alec
Bought by
Golden Sky Capital Llc S
Total Days on Market
363
Current Estimated Value
$152,788

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 5, 2019
Sold by
Briscoe Kimberlee
Bought by
Southern Skyler
Seller's Agent
Rickie Sipe
Property House
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
May 11, 2016
Sold by
Kendall Doran C and Kendall Joyce
Bought by
Briscoe Kimberlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,750
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2005
Sold by
Heniser Timothy G and Spence Bonnie J
Bought by
Kendall Doran C and Kendall Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.88%
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
Golden Sky Capital Llc S -- None Available
Southern Skyler -- None Available
Briscoe Kimberlee -- --
Kendall Doran C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briscoe Kimberlee $67,750
Previous Owner Kendall Doran C $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $72,000 0.0% $29 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/11/2019 02/11/19 Off Market $72,000 -- --
08/21/2018 08/21/18 For Sale $75,000 +4.2% $30 / Sq Ft
08/21/2018 08/21/18 Off Market $72,000 -- --
02/20/2018 02/20/18 For Sale $75,000 -- $30 / 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 $1,108 $68,700 $10,800 $57,900
2023 $1,128 $69,300 $10,800 $58,500
2022 $1,173 $70,000 $10,800 $59,200
2021 $1,232 $67,100 $13,000 $54,100
2020 $1,728 $87,200 $13,000 $74,200
2019 $1,772 $93,200 $13,000 $80,200
2018 $1,167 $93,800 $13,000 $80,800
2017 $778 $66,700 $13,000 $53,700
2016 $757 $66,700 $13,000 $53,700
2014 $1,250 $96,700 $13,000 $83,700
2013 -- $96,100 $13,000 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201806243

Indiana Regional MLS

APN: 18-12-18-227-006.000-010