$139,900
SOLD APR 27, 2022

811 W Main St Unit 1-5 Muncie, IN 47305

Old West End Neighborhood
9 Beds
5.5 Baths
3,940 Sq Ft
4,125 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

7% Below List Price

258 Days on Market

Highlights

  • Covered patio or porch
  • Laundry Facilities
  • 4-minute walk to Community Circle
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2022

Investment opportunity! 5-unit apartment building minutes from White River and BSU. 2.5 story property. On and off-Street parking available. The units are currently rented on 12-month leases. rent range $425-600 a month with utilities included. Units #1,2,3 and 5 are all 2 bedrooms. Unit #4 is a 1 bedroom. Units #5 has a 1.5 bath. Shared laundry room in the back with coin operated washer and dryers. The property features a metal roof and basement for easy access to systems.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate LLC

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1890

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Level Lot

Home Design

  • Converted Dwelling
  • Metal Roof

Interior Spaces

  • 2.5-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, fuel, heating, sewer, water
  • Assessor Parcel Number 18-11-09-459-005.000-003

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,468
  • Fuel Expense $2,468
  • Water Sewer Expense $2,468

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,720

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1890
  • Age: 132
  • Style: Two and Half Story
  • Architectural Style: Converted House
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: STEPHENS W52HLF FT EX W18.10FT LOT 2
  • Parcel Number ID: 18-11-09-459-005.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Ready, Porch Covered, Water Heater Electric, Water Heater Gas, Sump Pump
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.33
  • Monthly Gross Income: 717
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 5466
  • Total Finished Sq Ft: 3940
  • Above Grade Finished Sq Ft: 3940
  • Below Grade Sq Ft: 1526
  • Price Per Sq Ft: 35.51
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1526

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Stories: 2.5

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Lot, Paved, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2468
  • Annual Fuel Expense: 2468
  • Annual Water Sewer Expense: 2468
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • 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: 33x125
  • Estimated Lot Sq Ft: 4125
  • Estimated Lot Size Acres: 0.0947
  • Lot Number: 2

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2550
  • Number Of Dryers: 1
  • Number Of Units: 5
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2720

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $139,900 0.0% $26 / Sq Ft
04/27/2022 04/27/22 Sold $139,900 -6.7% $36 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $149,900 0.0% $38 / Sq Ft
03/09/2022 03/09/22 Price Changed $149,900 +3.5% $38 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale -- -- --
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $144,900 0.0% $37 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale -- -- --
01/12/2022 01/12/22 For Sale $144,900 0.0% $37 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/16/2021 12/16/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $144,900 0.0% $27 / Sq Ft
11/16/2021 11/16/21 Price Changed $144,900 -9.4% $37 / Sq Ft
11/03/2021 11/03/21 For Sale $159,900 0.0% $41 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/29/2021 09/29/21 Price Changed $159,900 -8.6% $41 / Sq Ft
08/27/2021 08/27/21 Price Changed $174,900 -2.8% $44 / Sq Ft
06/30/2021 06/30/21 For Sale $179,900 -- $46 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202125810

Indiana Regional MLS