$54,000
SOLD JUL 24, 2017

6407 E Piccadilly Rd Muncie, IN 47303

6 Beds
3 Baths
2,523 Sq Ft
0.41 Acres

Recently Sold

$21 Per Sq Ft

23% Below List Price

78 Days on Market

Highlights

  • Covered patio or porch
  • Eat-In Kitchen
  • Storm Doors
  • Selma Elementary School Rated A-
  • Laundry in Utility Room
  • Level Lot

About This Home

As of May 2024

Investor's special!! Great well kept tri plex property. All Electric! Owners pay the taxes and insurance, tenants pay utilities. Newer roof. Refrigerators, stoves in each unit. PLUS each unit has a storage shed. Very clean. Wapahanni schools. Parking for eight cars or more. Roof is 5 years old. Owner pays sewage up to $50 per month, tenant pays over.

Last Agent to Sell the Property

Rickie Sipe

Property House Listed on: 03/29/2017

Last Buyer's Agent

Daniel Norton

CPC Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1971

Lot Details

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

Home Design

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

Interior Spaces

  • 2,523 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Radiant Ceiling
  • Community Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

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

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters
  • Water Sewer Expense $600

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,018

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1971
  • Age: 46
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade 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, Storage, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Porch Covered, Storm Doors, Water Heater Electric, Washer Hook-Up
  • Cross Street: 400 E
  • Location: City/Town/Suburb
  • Road Access: County
  • Road Surface: Asphalt
  • Section Number: 18-20-11
  • Sp Lp Percent: 77.25
  • Monthly Gross Income: 1350
  • Special Features: None

Interior Features

  • Total Sq Ft: 2523
  • Total Finished Sq Ft: 2523
  • Above Grade Finished Sq Ft: 2523
  • Basement Foundation: Slab
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Well Type: Community
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x180
  • Estimated Lot Sq Ft: 17859
  • Estimated Lot Size Acres: 0.41
  • Lot Number: 12

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Tax, Water
  • Tenant Pays: Cable, Electric, Heating, Deposit Value

Tax Info

  • Total Assessed Value: 94100

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

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
$186,900
Sold Price
$175,000
Premium/Discount to List
-$11,900
-6.37%
Total Days on Market
78
Views
92
Current Estimated Value
$174,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$832
Avg. Annual Appreciation
-0.48%
Original Mortgage
$136,000
Outstanding Balance
$134,134
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$40,034

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
1.03%
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:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $175,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $185,000 --
Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 New Conventional
Previous Owner $138,750 New Conventional
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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Map

Source: Indiana Regional MLS

MLS Number: 201712787

Indiana Regional MLS

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