NOT LISTED FOR SALE

720 W Howard St Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $77,000 - $112,000

4 Beds
4 Baths
2,522 Sq Ft
$38/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $29,000 $11 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $623/month

82 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Clifton Wallace Park

About This Home

As of July 2018

Turn-key Tri-plex Zoned as Fourplex with stable income history. Annual Gross Income over $15,000! Landlord pays Water and Sewer. Tenant's pay electric. Owner retiring. Your turn to retire wealthy.

Last Agent to Sell the Property

Michael Dunn

MADUNN.COM Listed on: 03/05/2018

Last Buyer's Agent

Robert Ping

Ping Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 52x75
  • Corner Lot

Home Design

  • Triplex
  • Wood Siding
  • Stone Exterior Construction
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • East Washington Academy Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, sewer, tax
  • Assessor Parcel Number 18-11-16-213-007.000-003

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Fuel Expense $500
  • Maintenance Expense $2,500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MARCH 2 ADD EX N 50 FT LOT 6 |
  • Parcel Number ID: 18-11-16-213-007.000-003
  • Platted: Yes
  • Amenities: Detector-Smoke
  • Special Features: None

Interior Features

  • Total Sq Ft: 3102
  • Total Finished Sq Ft: 2522
  • Above Grade Finished Sq Ft: 2522
  • Below Grade Sq Ft: 580
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Mixed, Vinyl
  • Total Below Grade Sq Ft: 580
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum, Asphalt, Stone, Vinyl, Wood
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 500
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 52x75
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Tax
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1200

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Smith Stephen
Bought by
New Age Homes Llc
Current Estimated Value
$95,000

Purchase Details

Closed on
May 24, 2019
Sold by
Anderson Glen
Bought by
Madyja Llc

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jun 28, 2018
Sold by
Laderman Marvin
Bought by
Anderson Glen
Seller's Agent
Michael Dunn
MADUNN.COM
Buyer's Agent
Robert Ping
Ping Realty, LLC
List Price
$39,900
Sold Price
$29,000
Premium/Discount to List
-$10,900
-27.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Jul 16, 2008
Sold by
Carretti Leslie and Laderman Marvin
Bought by
Laderman Marvin

Purchase Details

Closed on
Sep 26, 2007
Sold by
Penny Foreclosures Iii Llc
Bought by
Carretti Leslie and Laderinan Marvin

Purchase Details

Closed on
Aug 21, 2007
Sold by
Greather Muncie Inc
Bought by
V

Purchase Details

Closed on
May 31, 2007
Sold by
Griffey Brenda Burnett
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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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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
New Age Homes Llc -- Fidelity National Title
Smith Stephen -- Fidelity National Title
Madyja Llc -- None Available
Anderson Glen -- None Available
Laderman Marvin -- None Available
Carretti Leslie -- None Available
V -- None Available
Federal Home Loan Mortgage Corporation $25,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $29,000 -17.1% $11 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $35,000 -12.3% $14 / Sq Ft
03/05/2018 03/05/18 For Sale $39,900 -- $16 / 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 $1,502 $69,700 $2,100 $67,600
2023 $1,502 $69,700 $2,100 $67,600
2022 $1,518 $70,500 $2,100 $68,400
2021 $1,398 $64,500 $2,100 $62,400
2020 $1,398 $64,500 $2,100 $62,400
2019 $1,398 $64,500 $2,100 $62,400
2018 $1,394 $64,300 $2,100 $62,200
2017 $1,380 $63,600 $2,100 $61,500
2016 $1,380 $63,600 $2,100 $61,500
2014 $1,307 $62,300 $2,100 $60,200
2013 -- $61,700 $2,100 $59,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Dunn

    MADUNN.COM

    (765) 749-5342

    51 Total Sales

    Michael Dunn
    Section Image
  • Robert Ping

    Buyer's Agent in 2018

    Robert Ping

    Ping Realty, LLC

    (317) 332-8726

    1 in this area

    108 Total Sales

    Robert Ping
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201808496

Indiana Regional MLS

APN: 18-11-16-213-007.000-003

Indiana Delaware County Muncie 47305 Old West End

720 W Howard St, Muncie, IN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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