$57,500
SOLD OCT 1, 2012
-- Bed
-- Bath
2,809 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

17% Below List Price

262 Days on Market

Highlights

  • Porch
  • Level Lot
  • 2-minute walk to Gilbert Park
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of October 2020

3 unit Apt Bldg 2-1 bedroom 1-2 bedroom, all appliances stay. Recently remodeled, new carpet, heating and cooling. All units have been used by a not for profit and have not been rented or leased, no utility information is available. Taxes not assessed- not for profit. This property is in the Kimbrough Historical District.

Last Agent to Sell the Property

Ed Conatser

F.C. Tucker Muncie, REALTORS Listed on: 08/30/2011

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Timothy J (Tim) Foley

Eagle Real Estate, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1898

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Schools

  • Washington Carver Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for building insurance
  • The owner pays for electric, fuel, maintenance, sewer, tax, trash collection, water
  • Other Tax Exemptions
  • Assessor Parcel Number 11103860113000

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $1,000
  • Water Sewer Expense $560

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,680

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1898
  • Age: 116
  • Style: Two Story
  • Legal Description: Kirby's 2 Add and 5 ft Alley Adj 3 |
  • Parcel Number ID: 11103860113000
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Ready, Porch Open, Water Heater Electric, Washer Hook-Up
  • Zoning Description: BV
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2809
  • Total Finished Sq Ft: 2809
  • Above Grade Finished Sq Ft: 2809
  • Below Grade Sq Ft: 1400
  • Price Per Sq Ft: 20.47
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Main Level Sq Ft: 1409
  • Total Below Grade Sq Ft: 1400

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle

Garage/Parking

  • Driveway: Asphalt
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Radiant
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Electric: 1000
  • Annual Fuel Expense: 1000
  • Annual Water Sewer Expense: 560

Schools

  • Elementary School: Washington Carver
  • Middle School: Northside
  • High School: Central
  • Elementary School: Washington Carver

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Owner Pays: Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Building Insurance

Tax Info

  • Total Assessed Value: 53800
  • Exemptions: Tax Exempt

Multi Family

  • Number Of Units: 3

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 23, 2020
Sold by
Maple Branch Properties Llc
Bought by
Kingston Seth
Seller's Agent
Sally Saladino
Golden Rule Realty, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%
Current Estimated Value
$156,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,333
Avg. Annual Appreciation
9.46%
Original Mortgage
$69,750
Outstanding Balance
$62,874
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$121,459

Purchase Details

Closed on
May 25, 2019
Sold by
Thomason Levi and Carmichael Tyrone
Bought by
Maple Branch Properties Llc

Purchase Details

Closed on
Jul 18, 2018
Sold by
Heppner John W
Bought by
Thomason Levi and Carmichael Tyrone

Purchase Details

Listed on
Aug 30, 2011
Closed on
Oct 1, 2012
Sold by
Youth Opportunity Center Inc
Bought by
Heppner John W
Seller's Agent
Ed Conatser
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Timothy J (Tim) Foley
Eagle Real Estate, LLC
List Price
$69,000
Sold Price
$57,500
Premium/Discount to List
-$11,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$56,456
Interest Rate
3.66%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Corporate Deed -- Youngs Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,750 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $56,456 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $120,000 -25.0% $43 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $160,000 +178.3% $57 / Sq Ft
10/01/2012 10/01/12 Sold $57,500 -16.7% $20 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
08/30/2011 08/30/11 For Sale $69,000 -- $25 / 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 $2,680 $128,600 $10,800 $117,800
2023 $2,252 $107,200 $9,000 $98,200
2022 $1,996 $94,400 $13,000 $81,400
2021 $2,188 $104,000 $13,000 $91,000
2020 $1,840 $86,600 $10,800 $75,800
2019 $1,767 $82,800 $10,800 $72,000
2018 $1,273 $78,400 $9,900 $68,500
2017 $1,175 $75,800 $8,600 $67,200
2016 $1,135 $72,600 $8,600 $64,000
2014 $973 $67,900 $8,200 $59,700
2013 -- $67,300 $8,200 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20020825

Indiana Regional MLS

APN: 18-11-10-386-013.000-003