NOT LISTED FOR SALE

822 W Howard St Muncie, IN 47305

Old West End Neighborhood
4 Beds
4 Baths
2,118 Sq Ft
7,405 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $125,000 $59 Per Sq Ft

134 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Ceiling Fan
  • Wood Flooring
  • Landscaped
  • Level Lot

About This Home

As of May 2024

Investment opportunity! All 4 units now leased! There have been a number of improvements to this property since the last owner. This is a bit unique as there's another house on the property that is unfinished that is included with this parcel. There's tons of opportunity with this! All units are 1 bed and 1 bath. 2 main floor units are currently rented at $685 and $725 per month total (through 6/24 & 7/24) and the 2 upstairs units are rented at $700 and $671 per month total (through 4/25 & 5/25). Included in the rent total rent prices, tenants pay for a portion of utilities. More specifics available on lease information if needed. $2,250 is the total monthly cash flow after utilities and fees ($27,000 per year cash flow). The vacant pictures are the units upstairs. The seller has never lived in the home and he's motivated to sell!

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Brokerage Phone: 317-701-5006 Listed on: 10/13/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1885

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62x125
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 18-11-16-212-013.000-003

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $1,000
  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1885
  • Age: 139
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PROUDS 2ND ADD LOT 57
  • Parcel Number ID: 18-11-16-212-013.000-003
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Detector-Smoke, Landscaped, Porch Covered, Water Heater Gas
  • Cross Street: Proud
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.33
  • Monthly Gross Income: 22500
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2243
  • Total Finished Sq Ft: 2118
  • Above Grade Finished Sq Ft: 2118
  • Below Grade Sq Ft: 125
  • Price Per Sq Ft: 59.02
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Wood, Tile
  • Main Level Sq Ft: 1059
  • Total Below Grade Sq Ft: 125
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 300
  • Number Electric Meters: 4

Schools

  • School District: Muncie Community Schools
  • Elementary School: Southview
  • Middle School: Southside
  • High School: Central
  • Elementary School: Southview

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 62x125
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Cable, Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 2250
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1296

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $125,000 -16.7% $59 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
10/13/2023 10/13/23 For Sale $150,000 +614.3% $71 / Sq Ft
06/07/2018 06/07/18 Sold $21,000 -15.7% $5 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $24,900 -- $6 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Slavin

    Seller's Agent in 2024

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    5 in this area

    430 Total Sales

    Steve Slavin
    Section Image
  • Diana Martin

    Buyer's Agent in 2024

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    23 in this area

    3,805 Total Sales

    Diana Martin
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202337783

Indiana Regional MLS
Indiana Delaware County Muncie 47305 Old West End

822 W Howard St, Muncie, IN

This home is located at 822 W Howard St, Muncie, IN 47305 since 13 October 2023. This property was built in 1885. 822 W Howard St is a home located in Delaware County with nearby schools including Muncie Central High School, South 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.

Nearby Homes