NOT LISTED FOR SALE

Estimated Value: $97,000 - $124,000

3 Beds
3 Baths
3,150 Sq Ft
$36/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $37,000 $12 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $672/month

28 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 4-minute walk to Ross Community Center
  • Partially Fenced Property
  • Carpet

About This Home

As of May 2017

Triplex investment! Southside property located in a residential area close to bus line and shopping. Tenants pay electric. All units are rented. $1,050 potential monthly income!

Last Agent to Sell the Property

Kristie Robinson

Coldwell Banker Real Estate Group Listed on: 03/29/2017

Last Buyer's Agent

Kristie Robinson

Coldwell Banker Real Estate Group Listed on: 03/29/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1946

Lot Details

  • 5,101 Sq Ft Lot
  • Lot Dimensions are 60x85
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

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

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 18-11-16-454-023.000-003

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $638
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$598

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1946
  • Age: 71
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Winton Place S 85' of 106
  • Parcel Number ID: 18-11-16-454-023.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Cross Street: Memorial (12th)
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.5
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 3150
  • Total Finished Sq Ft: 3150
  • Above Grade Finished Sq Ft: 3150
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2025
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Block, Vinyl
  • Roof Material: Shingle
  • Fence: Partial, Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 638.4
  • Annual Water Sewer Expense: 600

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Southside
  • High School: Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x85
  • Estimated Lot Sq Ft: 5101
  • Estimated Lot Size Acres: 0.1171

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 24500
  • Annual Property Tax: 598

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Levitz Reed and Levitz Meredith
Bought by
Osner Rental Properties Llc
Current Estimated Value
$105,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Outstanding Balance
$58,161
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$51,323

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 11, 2017
Sold by
Stonoff James Bradley
Bought by
Levitz Reed and Levitz Meredith
Seller's Agent
Kristie Robinson
Coldwell Banker Real Estate Group
Buyer's Agent
Kristie Robinson
Coldwell Banker Real Estate Group
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
Mar 26, 2008
Sold by
Wells Fargo Bank Na
Bought by
Stonoff James Bradley

Purchase Details

Closed on
Mar 21, 2008
Sold by
Fannie Mae
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hargrave Georgia Ann and West Brenda K
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 2, 2006
Sold by
Lutterman Scott
Bought by
West Brenda K and Hargrave Georgla Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Osner Rental Properties Llc -- None Available
Levitz Reed -- --
Stonoff James Bradley -- None Available
Wells Fargo Bank Na -- None Available
Fannie Mae -- None Available
West Brenda K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osner Rental Properties Llc $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $37,000 -7.5% $12 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $40,000 -- $13 / 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 $1,080 $48,600 $3,900 $44,700
2023 $930 $41,100 $3,900 $37,200
2022 $940 $41,600 $3,900 $37,700
2021 $682 $28,700 $4,100 $24,600
2020 $590 $24,100 $3,600 $20,500
2019 $590 $24,100 $3,600 $20,500
2018 $590 $24,100 $3,600 $20,500
2017 $546 $21,900 $3,700 $18,200
2016 $598 $24,500 $4,100 $20,400
2014 $511 $23,400 $4,100 $19,300
2013 -- $22,300 $4,100 $18,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201712960

Indiana Regional MLS

APN: 18-11-16-454-023.000-003