NOT LISTED FOR SALE

7308 W County Road 500 N Muncie, IN 47304

Estimated Value: $463,000 - $520,000

4.91 Acres
$98,990 Price per Acre
213,880 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $450,000 $134 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,785/month

17 Days on Market

Highlights

  • Mature Trees
  • Pole Barn
  • No HOA
  • Deck
  • Farmhouse Style Home
  • Formal Dining Room

About This Lot

As of August 2023

Welcome to this charming farm house and property. Situated on 5 acres, this 3 bed/3 full bath home provide comfortable living spaces for all who enter. It is the perfect place to make your own idyllic get away. One of the centerpieces to this property is a fully stocked pond, perfect for fishing and enjoying peaceful moments by the water. With it's small beach, dock and diving board, it provides endless opportunities for relaxation and recreation. The barn features spacious areas for storage and for an already spaced out workshop which includes an air compressor. lathe and plenty of storage for your tinkering needs. Out buildings provide plenty of space for a small gathering of animals. Don't miss this rare opportunity!

Last Agent to Sell the Property

Jerry Gemmecke

F.C. Tucker Company License #RB15000799 Listed on: 06/30/2023

F.C. Tucker Company

Co-Listed By

William Kimes

F.C. Tucker Company License #RB16000172

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1981

Lot Details

  • 4.91 Acre Lot
  • Partially Fenced Property
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,363 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Wes-Del Elementary School
  • Wes-Del Middle/Senior High School

Utilities

  • Heating System Uses Gas
  • Heating System Powered By Owned Propane
  • Well
  • Water Heater

Listing and Financial Details

  • Tax Lot 18-06-14-300-020.000-006
  • Assessor Parcel Number 180614300020000008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Pole Barn
  • Shed
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$2,260

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Farm
  • Architectural Style: Farmhouse
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1981
  • Building Area Total: 3363
  • Garage Y N: Yes
  • Lot Size Acres: 4.91
  • On Market Date: 2023-07-05
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jerryg@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dryer, Microwave, Refrigerator, Washer, Water Heater, Water Softener Rented
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Breakfast Bar, Pantry
  • Living Area: 3363
  • Main Level Bedrooms: 3
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 3363
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Barn Pole, Dock, Out Building With Utilities, Other
  • Foundation Details: Block
  • List Price: 499900
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete
  • Fuel: Propane Owned
  • Garage Sq Ft: 624

Utilities

  • Utilities: Septic System, Well
  • Cooling: Central Electric
  • Heating: Gas
  • Laundry Features: Laundry Room
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Partial Fencing, Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: Hay Storage, Pasture, Stable(s)
  • Lot Size Sq Ft: 213880
  • Parcel Number: 180614300020000008
  • Acres: 3-5 Acres
  • Price Acre: 91649.6945010183

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2260
  • Tax Lot: 18-06-14-300-020.000-006
  • Semi Annual Property Tax Amt: 1130
  • Tax Exemption: None

MLS Schools

  • Elementary School: Wes-Del Elementary School
  • High School: Wes-Del Middle/Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 11, 2023
Sold by
Brasher Gayla Lorraine
Bought by
Kinsey Chloe
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$504,900
Sold Price
$450,000
Premium/Discount to List
-$54,900
-10.87%
Views
49
Current Estimated Value
$486,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,043
Avg. Annual Appreciation
3.77%
Original Mortgage
$405,000
Outstanding Balance
$396,166
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$89,877

Purchase Details

Closed on
Nov 19, 2021
Sold by
Vannater James R
Bought by
Vannater James R and Vannatter James R
Source: Public Records

Range of Values:

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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
Kinsey Chloe -- None Listed On Document
Vannater James R -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey Chloe $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $450,000 -10.0% $134 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $499,900 -1.0% $149 / Sq Ft
06/30/2023 06/30/23 For Sale $504,900 -- $150 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,356 $273,500 $45,400 $228,100
2023 $2,258 $268,800 $40,700 $228,100
2022 $2,259 $271,400 $40,700 $230,700
2021 $2,142 $247,900 $40,700 $207,200
2020 $2,147 $238,300 $40,700 $197,600
2019 $1,981 $224,000 $40,700 $183,300
2018 $1,891 $224,000 $40,700 $183,300
2017 $1,717 $221,700 $37,100 $184,600
2016 $1,655 $218,800 $37,100 $181,700
2014 $1,459 $203,600 $37,100 $166,500
2013 -- $201,800 $37,100 $164,700
Source: Public Records

Agents Affiliated with this Home

  • Jerry Gemmecke

    Seller's Agent in 2023

    Jerry Gemmecke

    F.C. Tucker Company

    (317) 445-2434

    268 Total Sales

    Jerry Gemmecke
    Section Image
  • William Kimes

    Seller Co-Listing Agent in 2023

    William Kimes

    F.C. Tucker Company

    (317) 213-4672

    33 Total Sales

    William Kimes
    Section Image

  • N

    Buyer's Agent in 2023

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2023

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21929626

MIBOR Broker Listing Cooperative®

APN: 18-06-14-300-020.000-008

Indiana Delaware County Muncie 47304

7308 W County Road 500 N, Muncie, IN

This home is located at 7308 W County Road 500 N, Muncie, IN 47304 since 30 June 2023 and is currently estimated at $486,043, approximately $144 per square foot. This property was built in 1981. 7308 W County Road 500 N is a home located in Delaware County with nearby schools including Wes-Del Elementary School and Wes-Del Middle/Senior High School.

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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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