NOT LISTED FOR SALE

6407 E Piccadilly Rd Muncie, IN 47303

Estimated Value: $165,000 - $189,000

6 Beds
3 Baths
2,523 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $175,000 $69 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,027/month

84 Days on Market

Highlights

  • Laundry in Utility Room
  • Shed
  • Carpet
  • Selma Elementary School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of May 2024

TRIPLEX in Selma School District, each unit has 2 bedrooms, 1 bathroom. Each unit has includes a Refrigerator & Range and W/D Hookups. Laminate flooring throughout and a large backyard with a shed. Each unit is currently rented out. Tenants pay all utilities and the income is $2050.00 per month. The addresses are 6407,6409,6411 E Piccadilly. Verify all of your own measurements. 24 Hour Notice Required. Please make earnest out to the title company.

Last Agent to Sell the Property

Kathy J Smith

NextHome Elite Real Estate Brokerage Phone: 765-717-9910 Listed on: 01/25/2024

NextHome Elite Real Estate

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1971

Lot Details

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

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Additional Features

  • Shed
  • Radiant Ceiling

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for maintenance, sewer, tax
  • Assessor Parcel Number 18-12-18-228-006.000-010

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1971
  • Style: One Story
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Keystone Add Lot 12
  • Parcel Number ID: 18-12-18-228-006.000-010
  • Platted: Yes
  • Amenities: Off Street Parking
  • County Zoning: R-3 Residence Zone
  • Special Features: None

Interior Features

  • Total Sq Ft: 2523
  • Total Finished Sq Ft: 2523
  • Above Grade Finished Sq Ft: 2523
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 2523
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Schools

  • Elementary School: Selma

Lot Info

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

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Sewer, Tax
  • Tenant Pays: Electric, Water

Tax Info

  • Annual Property Tax: 1070

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 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

Listed on
Jan 25, 2024
Closed on
May 30, 2024
Sold by
Picadilly Llc
Bought by
Golden Sky Capital Llc-S Series 6407 E Picadi
Seller's Agent
Kathy J Smith
NextHome Elite Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$191,600
Sold Price
$175,000
Premium/Discount to List
-$16,600
-8.66%
Views
110
Current Estimated Value
$178,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,945
Avg. Annual Appreciation
1.48%
Original Mortgage
$136,000
Outstanding Balance
$133,443
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$45,502

Purchase Details

Closed on
Apr 23, 2023
Sold by
Mcfadden Michael and Mcfadden Josefa
Bought by
Picadilly Llc

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 19, 2023
Sold by
Water Lane Apartments Llc
Bought by
Mcfadden Michael and Frank-Mcfadden Josefa
Seller's Agent
Laura Wright
PPG Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$138,750
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jul 24, 2017
Sold by
Kendall Doran C and Kendall Joyce
Bought by
Water Lane Apartments Llc
Seller's Agent
Rickie Sipe
Property House
Buyer's Agent
Daniel Norton
CPC Real Estate, LLC
List Price
$69,900
Sold Price
$54,000
Premium/Discount to List
-$15,900
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.18%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Heniser Timothy Gale
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
$45,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Golden Sky Capital Llc-S Series 6407 E Picadi -- None Listed On Document
Picadilly Llc -- None Listed On Document
Mcfadden Michael -- None Listed On Document
Water Lane Apartments Llc -- --
Kendall Doran C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Sky Capital Llc-S Series 6407 E Picadi $136,000
Previous Owner Mcfadden Michael $138,750
Previous Owner Kendall Doran C $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $175,000 0.0% $69 / Sq Ft
05/31/2024 05/31/24 Sold $175,000 -4.3% $69 / Sq Ft View Prior Sale
04/18/2024 04/18/24 Pending -- -- --
04/18/2024 04/18/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $182,900 0.0% $72 / Sq Ft
04/09/2024 04/09/24 Price Changed $182,900 -2.1% $72 / Sq Ft
03/22/2024 03/22/24 For Sale $186,900 0.0% $74 / Sq Ft
03/22/2024 03/22/24 Price Changed $186,900 0.0% $74 / Sq Ft
03/22/2024 03/22/24 Price Changed $186,900 -2.5% $74 / Sq Ft
03/22/2024 03/22/24 For Sale $191,600 0.0% $76 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/09/2024 03/09/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $191,600 0.0% $76 / Sq Ft
02/21/2024 02/21/24 Price Changed $191,600 -2.7% $76 / Sq Ft
01/25/2024 01/25/24 For Sale $196,900 0.0% $78 / Sq Ft
01/25/2024 01/25/24 For Sale $196,900 +15.8% $78 / Sq Ft
01/20/2023 01/20/23 Sold $170,000 -12.8% $202 / Sq Ft View Prior Sale
12/15/2022 12/15/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $195,000 +261.1% $232 / Sq Ft
07/24/2017 07/24/17 Sold $54,000 -22.7% $21 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $69,900 -- $28 / 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 $1,018 $63,000 $10,800 $52,200
2023 $1,027 $63,000 $10,800 $52,200
2022 $1,068 $63,600 $10,800 $52,800
2021 $940 $50,900 $13,000 $37,900
2020 $1,198 $60,100 $13,000 $47,100
2019 $1,071 $55,900 $13,000 $42,900
2018 $1,033 $55,900 $13,000 $42,900
2017 $1,218 $66,100 $13,000 $53,100
2016 $1,214 $67,800 $13,000 $54,800
2014 $1,744 $94,100 $13,000 $81,100
2013 -- $93,200 $13,000 $80,200
Source: Public Records

Agents Affiliated with this Home

  • Kathy J Smith

    Seller's Agent in 2024

    Kathy J Smith

    NextHome Elite Real Estate

    (765) 717-9910

    238 Total Sales

    Kathy J Smith
    Section Image
  • Diana Martin

    Buyer's Agent in 2024

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3,726 Total Sales

    Diana Martin
    Section Image
  • Laura Wright

    Seller's Agent in 2023

    Laura Wright

    PPG Real Estate

    (765) 208-0958

    120 Total Sales

    Laura Wright
    Section Image

  • N

    Buyer's Agent in 2023

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
  • Rickie Sipe

    Seller's Agent in 2017

    Rickie Sipe

    Property House

    (765) 744-2205

    100 Total Sales

    Rickie Sipe
    Section Image

  • D

    Buyer's Agent in 2017

    Daniel Norton

    CPC Real Estate, LLC

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202402454

Indiana Regional MLS

APN: 18-12-18-228-006.000-010

Indiana Delaware County Muncie 47302

6407 E Piccadilly Rd, Muncie, IN

Not Listed for Sale

MultiFamily

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