$108,900
SOLD AUG 9, 2022
6 Beds
2.5 Baths
2,181 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

8% Below List Price

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$92,565
Outstanding Balance
$87,248
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,715
Source: Public Records

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Range of Values:

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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 -- Trulock James W
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,565 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $140,000 -56.9% --
04/17/2025 04/17/25 For Sale $325,000 +198.4% --
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

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Map

Source: Indiana Regional MLS

MLS Number: 202222314

Indiana Regional MLS

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