NOT LISTED FOR SALE

709 S Morrison Rd Muncie, IN 47304

Estimated Value: $238,974 - $282,000

4 Beds
4 Baths
2,212 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $210,000 $95 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,647/month

22 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Pleasant View Elementary School Rated A-
  • Level Lot

About This Home

As of August 2021

INVESTMENT OPPORTUNITY! DUPLEX! both sides are 2 BR 1.5 Bath. 709 side rents for $800/mo and is on a 3 yr lease. 711 side rents for $1000/mo and is on a 1 year lease.

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 06/27/2021

RE/MAX Real Estate Groups

Last Buyer's Agent

Aaron Orr

RE/MAX Real Estate Groups Listed on: 06/27/2021

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1998

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cooling, heating, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 18-10-13-276-001.000-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,862

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1998
  • Age: 23
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: RIVERBEND COMMONS STR: 132009 IN: 1 OUT:
  • Parcel Number ID: 18-10-13-276-001.000-016
  • Platted: Yes
  • Amenities: Near Walking Trail
  • Sp Lp Percent: 95.5
  • Monthly Gross Income: 1800
  • Special Features: None

Interior Features

  • Total Sq Ft: 2212
  • Total Finished Sq Ft: 2212
  • Above Grade Finished Sq Ft: 2212
  • Price Per Sq Ft: 94.94
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 44

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Yorktown Community Schools
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)
  • Middle School: Yorktown
  • High School: Yorktown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .38a
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38

Rental Info

  • Lease Term: 1 Year, 3 or More Years
  • Owner Pays: Tax
  • Tenant Pays: Cooling, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Ullom Justin and Ullom Sandra
Bought by
Sandalwood Homes Llc
Current Estimated Value
$252,994

Purchase Details

Closed on
Aug 28, 2024
Sold by
Iq3 Properties Llc
Bought by
Ullom Justin and Ullom Sandra

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 5, 2021
Sold by
Long Chadwick A
Bought by
Iq3 Properties Llc
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Source: Public Records

Range of Values:

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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
Sandalwood Homes Llc -- None Listed On Document
Ullom Justin $227,600 None Listed On Document
Iq3 Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iq3 Properties Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $210,000 -4.5% $95 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $219,900 -- $99 / 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 $3,644 $176,800 $43,600 $133,200
2023 $3,718 $180,500 $43,600 $136,900
2022 $3,748 $182,000 $43,600 $138,400
2021 $3,258 $157,500 $42,000 $115,500
2020 $2,970 $143,100 $42,000 $101,100
2019 $2,798 $134,500 $42,000 $92,500
2018 $2,846 $136,900 $42,000 $94,900
2017 $2,812 $135,200 $39,300 $95,900
2016 $2,760 $132,600 $39,300 $93,300
2014 $2,687 $132,200 $39,300 $92,900
2013 -- $132,300 $39,300 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202125235

Indiana Regional MLS

APN: 18-10-13-276-001.000-016