$25,000
SOLD NOV 8, 2019
3 Beds
3 Baths
2,198 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

16% Below List Price

29 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Carpeted
  • 3-minute walk to Clifton Wallace Park
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2019

This home is located at 722 W Charles St, Muncie, IN 47305 and is currently priced at $25,000, approximately $11 per square foot. This property was built in 1895. 722 W Charles St is a home located in Delaware County with nearby schools including Muncie Central High School, South View Elementary School, and Northside Middle School.

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Last Buyer's Agent

Lisa Buckner

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1895

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 62x100
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, sewer, water
  • Assessor Parcel Number 18-11-16-208-008.000-003

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $6,529
  • Insurance Expense $393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$580

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1895
  • Age: 124
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: MARCH 1 ADD S 100FT STR: 162010 IN: 7 |
  • Parcel Number ID: 18-11-16-208-008.000-003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 83.61
  • Monthly Gross Income: 1360
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3454
  • Total Finished Sq Ft: 2198
  • Above Grade Finished Sq Ft: 2198
  • Below Grade Sq Ft: 1256
  • Price Per Sq Ft: 11.37
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 1256
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 6529
  • Annual Insurance Expense: 393
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Southview
  • Middle School: Southside
  • High School: Central
  • Elementary School: Southview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 62x100
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Owner Pays: Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1360
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 580

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Gilbert Linnel
Bought by
722 W Charles Llc
Total Days on Market
29
Current Estimated Value
$109,333

Purchase Details

Listed on
Oct 10, 2019
Closed on
Nov 8, 2019
Sold by
Ames J William J and Ames Twyla J
Bought by
Linnel Gilbert
Seller's Agent
Ryan Orr
RE/MAX Real Estate Groups
Buyer's Agent
Lisa Buckner
RE/MAX Real Estate Groups
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.42%

Map

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 Type Sale Price Title Company
Warranty Deed -- Smith James W
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $25,000 0.0% $11 / Sq Ft
11/08/2019 11/08/19 Sold $25,000 -16.4% $11 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/22/2019 10/22/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $29,900 0.0% $14 / Sq Ft
09/23/2019 09/23/19 For Sale $29,900 -- $14 / Sq Ft
Source: Indiana Regional MLS

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 $1,158 $52,500 $5,400 $47,100
2023 $982 $43,700 $4,500 $39,200
2022 $940 $41,600 $4,500 $37,100
2021 $732 $31,200 $5,900 $25,300
2020 $712 $30,200 $5,900 $24,300
2019 $712 $30,200 $5,900 $24,300
2018 $688 $29,000 $5,900 $23,100
2017 $698 $29,500 $5,900 $23,600
2016 $698 $29,500 $5,900 $23,600
2014 $559 $25,800 $5,600 $20,200
2013 -- $24,700 $5,400 $19,300
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 201942189

Indiana Regional MLS

APN: 18-11-16-208-008.000-003