NOT LISTED FOR SALE

805 W Riverside Ave Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated Value: $54,000 - $601,287

-- Bed
-- Bath
1,620 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $41,667 $26 Per Sq Ft

Est. 494% increase in value since last sale

Current estimated payment $1,545/month

199 Days on Market

Highlights

  • Porch
  • Level Lot
  • 4-minute walk to Emerson Memorial Greenspace Park
  • Forced Air Heating System

About This Home

As of May 2012

3 unit rental near BSU & BMH. Good rental history and income. 2-1 bedroom units downstairs and 1-2 bedroom unit upstairs with large rooms. Students can walk to class. To be sold with 809 and 815 W Riverside, which are right next door. Priced to sell.

Last Agent to Sell the Property

Darcy Dill

Berkshire Hathaway Indiana Realty Listed on: 10/10/2011

Last Buyer's Agent

Ted Cook

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1891

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54x140
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

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

Outdoor Features

  • Porch

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 1109402006000

Community Details

Overview

  • 3 Units
  • River Side / Riverside Subdivision

Building Details

  • Electric Expense $1,285
  • Fuel Expense $1,573
  • Insurance Expense $470
  • Maintenance Expense $655
  • Water Sewer Expense $1,437

Property Details

Home Type

Apartment

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1891
  • Age: 123
  • Style: Two Story
  • Legal Description: Riverside E 4ft of 3 lot #2-3 |
  • Parcel Number ID: 1109402006000
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Open, Water Heater Gas
  • Zoning Description: R4
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1620
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 1620
  • Below Grade Sq Ft: 888
  • Price Per Sq Ft: 25.72
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Main Level Sq Ft: 888
  • Total Below Grade Sq Ft: 888

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Electric: 1285
  • Annual Fuel Expense: 1573
  • Annual Insurance Expense: 470
  • Annual Maintenance Expense: 655
  • Annual Water Sewer Expense: 1437

Condo/Co-op/Association

  • Other Fees Dollar: 11.4

Schools

  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 54x140
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Building Insurance, Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 71600
  • Annual Property Tax: 1432

Multi Family

  • Number Of Units: 3

MLS Schools

  • High School: Central
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2013
Sold by
B3 & R Venture Properties Llc
Bought by
Lofts On Riverside Llc
Current Estimated Value
$247,339

Purchase Details

Listed on
Oct 10, 2011
Closed on
May 14, 2012
Sold by
Traub Alec G
Bought by
B & R Venture Propertiesllc
Seller's Agent
Darcy Dill
Berkshire Hathaway Indiana Realty
Buyer's Agent
Ted Cook
F.C. Tucker Muncie, REALTORS
List Price
$64,900
Sold Price
$41,667
Premium/Discount to List
-$23,233
-35.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Mar 15, 2007
Sold by
Hazzard Jamez D and Hazzard Delores B
Bought by
Traub Alec G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Foster Michael W and Foster Shirley
Bought by
Hazzard James D and Hazzard Delores E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Lofts On Riverside Llc -- --
B & R Venture Propertiesllc -- Youngs Title
Traub Alec G -- None Available
Hazzard James D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Traub Alec G $51,200
Previous Owner Hazzard James D $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $41,667 -35.8% $26 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $64,900 -- $40 / 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 $2,151 $71,700 $71,700 $0
2023 $1,794 $59,800 $59,800 $0
2022 $1,794 $59,800 $59,800 $0
2021 $1,869 $62,300 $62,300 $0
2020 $1,701 $56,700 $56,700 $0
2019 $1,620 $54,000 $54,000 $0
2018 $1,800 $60,000 $60,000 $0
2017 $1,626 $54,200 $54,200 $0
2016 $1,548 $51,600 $51,600 $0
2014 $1,434 $47,800 $47,800 $0
2013 -- $13,300 $13,300 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darcy Dill

    Berkshire Hathaway Indiana Realty

  • T

    Buyer's Agent in 2012

    Ted Cook

    F.C. Tucker Muncie, REALTORS

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 20020493

Indiana Regional MLS

APN: 18-11-09-402-006.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

805 W Riverside Ave, Muncie, IN

This home is located at 805 W Riverside Ave, Muncie, IN 47303 since 10 October 2011 and is currently estimated at $236,822, approximately $146 per square foot. This property was built in 1891. 805 W Riverside Ave is a home located in Delaware County with nearby schools including Muncie Central High School, West View Elementary School, 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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