NOT LISTED FOR SALE

7401 S Cowan Rd Muncie, IN 47302

Estimated Value: $222,000 - $308,000

4 Beds
2.5 Baths
2,416 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $70,000 $29 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,448/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of April 2017

Tri-level home conveniently located only 2 miles from Cowan Schools and Muncie By-Pass. Original two car attached garage has been converted to living space. Two car detached garage. Large patio wood deck, small covered front porch with ramp for easy access. All four bedrooms have hardwood floors, living room has fireplace with insert, gas hot water boiler heat system needs repairs. Immediate possession. Selling price higher than list price, due to multiple offers, went for highest and best.

Last Agent to Sell the Property

Brad Taflinger

The Taflinger Real Estate Group Listed on: 02/06/2017

The Taflinger Real Estate Group

Last Buyer's Agent

Dan Bragg

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $609

Year Built

  • Built in 1961

Lot Details

  • 2.51 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Masonite
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Private Company Owned Well
  • Well
  • Water Heater Leased
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-15-05-426-004.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$609

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1961
  • Age: 56
  • Style: Tri-Level
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: E HLF SE QTR S05 T19 R10 2.510 Ac
  • Parcel Number ID: 18-15-05-426-004.000-012
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Porch Covered, Range/Oven Hook Up Elec, Water Heater Rental, Stand Up Shower, Tub/Shower Combination, Formal Dining Room
  • Location: Rural
  • Sp Lp Percent: 140
  • Special Features: None

Interior Features

  • Total Sq Ft: 3040
  • Total Finished Sq Ft: 2416
  • Above Grade Finished Sq Ft: 2416
  • Above Grade Unfinished Sq Ft: 624
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Wood Burning, Fireplace Insert
  • Flooring: Hardwood Floors, Carpet, Concrete, Vinyl
  • Living Great Room: Dimensions: 18x13, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Dining Room: Dimensions: 10x9, On Level: Main
  • Recreation Room: Dimensions: 26x19, On Level: Lower
  • Extra Room: Bonus Rm, Dimensions: 11x11, On Level: Lower
  • Bedroom 1: Dimensions: 16x11, On Level: Upper
  • Bedroom 2: Dimensions: 11x9, On Level: Upper
  • Bedroom 3: Dimensions: 11x8, On Level: Upper
  • Bedroom 4: Dimensions: 14x10, On Level: Upper
  • Main Level Sq Ft: 1520

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl, Masonite
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage Sq Ft: 720

Utilities

  • Heating Fuel: Electric, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 11xLower, On Level: 8
  • Well Type: Private

Schools

  • School District: Cowan Community School Corp.
  • Elementary School: Cowan
  • Middle School: Cowan
  • High School: Cowan

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: X
  • Estimated Lot Sq Ft: 109336
  • Estimated Lot Size Acres: 2.51

Tax Info

  • Annual Taxes: 608.82
  • Total Assessed Value: 117900
  • Exemptions: Homestead, Mortgage, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 24, 2017
Sold by
Bank Of America
Bought by
Crum Randall
Seller's Agent
Brad Taflinger
The Taflinger Real Estate Group
Buyer's Agent
Dan Bragg
Berkshire Hathaway HomeServices Indiana Realty
List Price
$50,000
Sold Price
$70,000
Premium/Discount to List
$20,000
40%
Current Estimated Value
$250,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,924
Avg. Annual Appreciation
16.21%
Original Mortgage
$85,516
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2016
Sold by
Delaware County Sheriff
Bought by
Bank Of America
Source: Public Records

Range of Values:

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Average Value
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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
Crum Randall -- --
Bank Of America $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crum Randall $85,516
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2017 04/24/17 Sold $70,000 0.0% $29 / Sq Ft
04/24/2017 04/24/17 Sold $70,000 +40.0% $23 / Sq Ft View Prior Sale
02/13/2017 02/13/17 Pending -- -- --
02/09/2017 02/09/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $50,000 0.0% $21 / Sq Ft
01/31/2017 01/31/17 Price Changed $50,000 -34.2% $16 / Sq Ft
01/03/2017 01/03/17 For Sale $76,000 0.0% $25 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/16/2016 11/16/16 Price Changed $76,000 -15.6% $25 / Sq Ft
08/26/2016 08/26/16 For Sale $90,000 -- $30 / 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 $1,447 $164,200 $33,500 $130,700
2023 $998 $136,300 $27,800 $108,500
2022 $874 $123,000 $27,800 $95,200
2021 $1,109 $137,100 $27,800 $109,300
2020 $987 $124,500 $27,800 $96,700
2019 $869 $118,200 $27,800 $90,400
2018 $753 $108,500 $27,800 $80,700
2017 $832 $116,200 $23,300 $92,900
2016 $580 $111,300 $22,800 $88,500
2014 $606 $118,400 $24,600 $93,800
2013 -- $112,700 $24,600 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704599

Indiana Regional MLS

APN: 18-15-05-426-004.000-012