NOT LISTED FOR SALE

800 W Lindweth Place Muncie, IN 47303

Minnetrista Neighborhood

Estimated Value: $129,000 - $150,000

6 Beds
2.5 Baths
2,181 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $108,900 $50 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $875/month

32 Days on Market

Highlights

  • Detached Second Garage
  • Level Lot
  • 3-minute walk to Delaware County Fairgrounds
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

INVESTMENT OPPORTUNITY! Duplex - rent both sides or live in one and rent the other! 1 side is currently rented for $650 / month (Lease renews annually Aug 1st) and is 3 BR, 1 Bath. 2nd side was very recently rented for $650 / month also but is now vacant and ready to be lived in! This side is 3 BR, 1.5 Baths!

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 06/07/2022

RE/MAX Real Estate Groups

Last Buyer's Agent

Dillon McBee

Middletown Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x135
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Parking Spaces
  • Detached Second Garage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, water
  • The owner pays for sewer
  • Assessor Parcel Number 18-11-09-206-016.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,952
  • Water Sewer Expense $420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,480

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1928
  • Age: 94
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LINDWETH ADD EX W 15 FT OF LOT 6 Lot # 6-7
  • Parcel Number ID: 18-11-09-206-016.000-003
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail
  • Sp Lp Percent: 91.59
  • Monthly Gross Income: 1300
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3043
  • Total Finished Sq Ft: 2181
  • Above Grade Finished Sq Ft: 2181
  • Below Grade Sq Ft: 862
  • Price Per Sq Ft: 49.93
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Main Level Sq Ft: 1605
  • Total Below Grade Sq Ft: 862
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 667

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1951.5
  • Annual Water Sewer Expense: 420
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 65x135
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer
  • Tenant Pays: Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1480

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 9, 2022
Sold by
Crehan Melody G
Bought by
Dilly Indy Rentals Llc
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Dillon McBee
Middletown Property Group, LLC
List Price
$118,900
Sold Price
$108,900
Premium/Discount to List
-$10,000
-8.41%
Current Estimated Value
$138,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,174
Avg. Annual Appreciation
7.78%
Original Mortgage
$92,565
Outstanding Balance
$86,738
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$51,336
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
Dilly Indy Rentals Llc -- Trulock James W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dilly Indy Rentals Llc $92,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $108,900 -8.4% $50 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $118,900 0.0% $55 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $118,900 -- $55 / 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 $1,674 $77,800 $9,900 $67,900
2023 $1,676 $77,800 $9,900 $67,900
2022 $1,690 $78,500 $9,900 $68,600
2021 $1,598 $73,900 $11,200 $62,700
2020 $1,528 $70,400 $11,200 $59,200
2019 $1,528 $70,400 $11,200 $59,200
2018 $1,820 $85,000 $11,200 $73,800
2017 $1,798 $83,900 $11,200 $72,700
2016 $1,798 $83,900 $11,200 $72,700
2014 $1,687 $81,700 $11,200 $70,500
2013 -- $80,900 $11,200 $69,700
Source: Public Records

Agents Affiliated with this Home

  • Aaron Orr

    Seller's Agent in 2022

    Aaron Orr

    RE/MAX

    (765) 212-1111

    9 in this area

    730 Total Sales

    Aaron Orr
    Section Image

  • D

    Buyer's Agent in 2022

    Dillon McBee

    Middletown Property Group, LLC

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202222314

Indiana Regional MLS

APN: 18-11-09-206-016.000-003

Indiana Delaware County Muncie 47303 Minnetrista

800 W Lindweth Place, Muncie, IN

This home is located at 800 W Lindweth Place, Muncie, IN 47303 since 07 June 2022 and is currently estimated at $138,074, approximately $63 per square foot. This property was built in 1928. 800 W Lindweth Place is a home located in Delaware County with nearby schools including Muncie Central High School, East Washington Academy, and Northside Middle 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.

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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