NOT LISTED FOR SALE

Estimated Value: $211,000 - $239,000

5 Beds
2 Baths
2,448 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2024

Last sale price $218,000 $89 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,557 / mo

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Laundry in Utility Room

About This Home

As of June 2024

This home is located at 705 W Riverside Ave, Muncie, IN 47303 since 17 April 2024 and is currently estimated at $225,575, approximately $92 per square foot. This property was built in 1915. 705 W Riverside Ave is a home located in Delaware County.

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Brokerage Phone: 765-717-2489 Listed on: 04/17/2024

RE/MAX Real Estate Groups

Last Buyer's Agent

Jon Kindred

Real Broker, LLC

Real Broker, LLC

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Level Lot

Parking

  • 5 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Utility Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 18-11-09-403-002.000-003

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Alameda Place Subdivision
  • Insurance Expense $1,069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,980

Year Built

Built in 1915

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1915
  • Style: One and Half Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ALAMEDA PLACE SUB 2 BLK 3 LOT 5
  • Parcel Number ID: 18-11-09-403-002.000-003
  • Platted: Yes
  • Inside City Limits: Yes
  • Parcel Id2: 18-11-09-403-002.000-003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4896
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Below Grade Sq Ft: 2448
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Wood, Vinyl
  • Main Level Sq Ft: 1224
  • Total Below Grade Sq Ft: 2448
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1069
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 x 125
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

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

Tax Info

  • Annual Property Tax: 2980

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 1
  • Number Of Washers: 1

MLS Schools

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

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 17, 2024
Sold by
Bought by
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Jon Kindred
Real Broker, LLC
List Price
$224,900
Sold Price
$218,000
Premium/Discount to List
-$6,900
-3.07%
Views
36
Current Estimated Value
$225,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,575
Avg. Annual Appreciation
1.62%
Original Mortgage
$174,400
Outstanding Balance
$170,722
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$54,853

Purchase Details

Closed on
May 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverside-Normal City, IN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$51,504 --
$63,710 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $174,400
Previous Owner $699,764
Previous Owner $108,000
Previous Owner $2,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $218,000 -3.1% $89 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $224,900 +336.7% $92 / Sq Ft
07/27/2016 07/27/16 Sold $51,504 +21.5% $17 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $42,400 -- $14 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,808 $185,000 $18,000 $167,000
2024 $3,296 $159,400 $18,000 $141,400
2023 $2,980 $143,600 $15,000 $128,600
2022 $2,730 $131,100 $15,000 $116,100
2021 $2,448 $117,000 $15,600 $101,400
2020 $2,140 $101,600 $14,200 $87,400
2019 $1,968 $93,000 $13,500 $79,500
2018 $2,100 $99,600 $15,000 $84,600
2017 $1,652 $77,200 $13,600 $63,600
2016 $1,702 $79,700 $13,000 $66,700
2014 $1,801 $87,900 $12,000 $75,900
2013 -- $83,600 $11,600 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202413014

Indiana Regional MLS

APN: 18-11-09-403-002.000-003

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