NOT LISTED FOR SALE

817 W Main St Unit 1-6 Muncie, IN 47305

Old West End Neighborhood

Estimated Value: $125,000 - $183,000

11 Beds
6 Baths
3,422 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $36,000 $11 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $1,021/month

321 Days on Market

Highlights

  • 0.27 Acre Lot
  • Forced Air Heating System
  • Carpet
  • Balcony
  • Level Lot
  • 4-minute walk to Community Circle

About This Home

As of April 2019

More potential, More potential, More potential....Two Triplexes (6 units) with large parking lot between them. Readied for individual gas meters. Fairly easy to separate electrical meters. ( 2 have separate gas meters, one furnace and one water heater will need installed per owner.) Some remodeling done. Some more to do. Typical gross rents should be around $2625 with all 6 units rented. Some are being remodeled so they are currently vacant. Two 3 bedrooms, two 2 bedrooms and two 1 bedrooms total units. Some tenants pay utilities. Others paid for by landlord. When remodeled these would have great potential for location, transportation, and access to various opportunity.

Last Listed By

Mark Kelly

Berkshire Hathaway Indiana Realty Listed on: 05/01/2018

Berkshire Hathaway Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 93 x 125
  • Level Lot

Home Design

  • Triplex
  • Poured Concrete
  • Shingle Siding
  • Composite Building Materials

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Parking

  • 14 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • The owner pays for maintenance, sewer
  • Assessor Parcel Number 18-11-09-459-002.000-003

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,800
  • Fuel Expense $1,600
  • Insurance Expense $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 129
  • Style: Tri-Level
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: STEPHENS ADD W HALF | STEPHENS ADD
  • Parcel Number ID: 18-11-09-459-002.000-003
  • Platted: Yes
  • Amenities: Balcony, Cable Available
  • Cross Street: Proud
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 181109459001000003
  • Sp Lp Percent: 73.47
  • Monthly Gross Income: 2250
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 5580
  • Total Finished Sq Ft: 3422
  • Above Grade Finished Sq Ft: 3422
  • Below Grade Sq Ft: 2158
  • Price Per Sq Ft: 10.52
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 2158
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Shingle
  • Roof Material: Composite
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 14
  • Parking: Lot, Off Street, Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Well Type: Unknown
  • Annual Electric: 1800
  • Annual Fuel Expense: 1600
  • Annual Insurance Expense: 1700
  • Number Electric Meters: 5
  • Number Gas Meters: 6
  • Number Water Meters: 2

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: 93 x 125
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Rental Info

  • Owner Pays: Maintenance, Sewer

Multi Family

  • Gross Monthly Rent: 2600
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
H Mas Investments Llc
Bought by
Rentovation Llc
Total Days on Market
321
Current Estimated Value
$161,667

Purchase Details

Closed on
Mar 24, 2021
Sold by
Lm Property Holdings Inc
Bought by
H Mas Investment Llc

Purchase Details

Listed on
May 1, 2018
Closed on
Apr 11, 2019
Sold by
Osonwanne Boniface and Hayes Bryson
Bought by
Lm Property Holdings Inc
Seller's Agent
Mark Kelly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$52,000
Sold Price
$36,000
Premium/Discount to List
-$16,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.18%

Purchase Details

Closed on
Sep 15, 2017
Sold by
Kl Costello Group Llc
Bought by
Osonwanne Boniface and Hayes Bryson

Purchase Details

Closed on
Mar 19, 2008
Sold by
Neff Randy L
Bought by
K L Costello Group Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
K L Costello Group Llc
Bought by
Neff Randy L

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rentovation Llc -- None Listed On Document
H Mas Investment Llc -- None Available
Lm Property Holdings Inc -- Centurion Land Title Inc
Osonwanne Boniface -- --
K L Costello Group Llc -- None Available
Neff Randy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Neff Randy L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $36,000 -26.5% $11 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
12/12/2018 12/12/18 Price Changed $49,000 -5.8% $14 / Sq Ft
11/07/2018 11/07/18 For Sale $52,000 +44.4% $15 / Sq Ft
11/05/2018 11/05/18 Off Market $36,000 -- --
07/25/2018 07/25/18 For Sale $52,000 0.0% $15 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $52,000 -- $15 / 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 $1,436 $66,400 $3,600 $62,800
2023 $1,216 $55,400 $3,000 $52,400
2022 $1,158 $52,500 $3,000 $49,500
2021 $544 $21,800 $3,900 $17,900
2020 $530 $21,100 $3,900 $17,200
2019 $530 $21,100 $3,900 $17,200
2018 $566 $20,200 $3,900 $16,300
2017 $518 $20,500 $3,900 $16,600
2016 $518 $20,500 $3,900 $16,600
2014 $401 $17,900 $3,700 $14,200
2013 -- $17,200 $3,600 $13,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201818941

Indiana Regional MLS

APN: 18-11-09-459-002.000-003