714 E Main St Muncie, IN 47305
East Central Neighborhood
--
Bed
--
Bath
2,809
Sq Ft
5,001
Sq Ft Lot
About This Home
As of October 2020Amazing Profiting Investment Property!
This is an historic home that was completely renovated into a triplex. This property holds (2) 1 bedroom 1 bath units Upstairs, (1) 3 bedroom 1 bath unit Downstairs, one main entrance with key and code lock doorknob, separate unit entrances with code and key door knobs, on site common laundry room, common front porch, all units come fully furnished, wifi is connected to each unit, parking area in the back with access from the street and ally way. This property has housed ball state students, ball state professors, etc. 3 bedroom unit is currently rented until 5/31/2021 at $950. The other 2 are currently marketed for rent at $750.
Last Agent to Sell the Property
Sally Saladino
Golden Rule Realty, LLC License #RB19000120 Listed on: 08/07/2020
Last Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,068
Year Built
- Built in 1898
Home Design
- Victorian Architecture
- Vinyl Siding
Additional Features
- 2-Story Property
- 5,001 Sq Ft Lot
- Basement
Community Details
- T Kirby 6 Add Subdivision
Listing and Financial Details
- Tenant pays for noutil
- The owner pays for all utilities
- Assessor Parcel Number 181110386013000003
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
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
Similar Homes in Muncie, IN
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
Average Home Value in this Area
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: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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
-
S
Seller's Agent in 2020
Sally Saladino
Golden Rule Realty, LLC
-
P
Buyer's Agent in 2020
Peter Stewart
Peter Stewart Realty LLC
-
Seller's Agent in 2012
Ed Conatser
F.C. Tucker Muncie, REALTORS
(765) 744-0899
2 in this area
66 Total Sales
-
T
Buyer's Agent in 2012
Timothy J (Tim) Foley
Eagle Real Estate, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21729887
APN: 18-11-10-386-013.000-003
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