NOT LISTED FOR SALE

Estimated Value: $137,000 - $157,119

6 Beds
3 Baths
1,772 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $80,000 $45 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,025/month

138 Days on Market

Highlights

  • Traditional Architecture
  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Emerson Memorial Greenspace Park

About This Home

As of September 2016

Three unit BSU rental on historic North St. Two one bedroom units and one 2 bedroom unit. 2014-2015 gross rental income has been $1445. Addresses are 828, 830 and 832 W North St. This property can be purchased separately or as a 5 property package with MLS #'s: 201612343, 201612287, 201612272, & 201612308.

Last Agent to Sell the Property

Brian Allardt

Coldwell Banker Real Estate Group Listed on: 03/25/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Reika Wilson

Keller Williams Indy Metro North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52x125
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, heating, lawn maintenance, maintenance, sewer
  • Assessor Parcel Number 18-11-09-413-009.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,545

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1924
  • Age: 92
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 9, Riverside Addition, STR 092010 |
  • Parcel Number ID: 18-11-09-413-009.000-003
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Sp Lp Percent: 101.27
  • Monthly Gross Income: 1445
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2342
  • Total Finished Sq Ft: 1772
  • Above Grade Finished Sq Ft: 1772
  • Below Grade Sq Ft: 570
  • Price Per Sq Ft: 45.15
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1138
  • Total Below Grade Sq Ft: 570
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Garage, Unpaved

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x125
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 1445
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1544.98

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
Jan 28, 2022
Sold by
Potter Place Llc
Bought by
Iwasaki Kallin and Iwasaki Kari
Current Estimated Value
$144,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$84,271
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$59,861

Purchase Details

Closed on
Jun 7, 2021
Sold by
Finn Evan M and Finn Erika M
Bought by
Potter Place Llc

Purchase Details

Closed on
Mar 17, 2021
Sold by
Crossroads Property Group Llc
Bought by
Finn Evan M and Finn Erika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
Wilson Proper Llc
Bought by
Crossroads Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2017
Sold by
Wilson Derek A
Bought by
Wilson Proper Llc

Purchase Details

Listed on
Mar 25, 2016
Closed on
Sep 26, 2016
Sold by
B & B Rental Properties Llc
Bought by
Wilson Derek A
Seller's Agent
Brian Allardt
Coldwell Banker Real Estate Group
Buyer's Agent
Reika Wilson
Keller Williams Indy Metro North
List Price
$79,000
Sold Price
$80,000
Premium/Discount to List
$1,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
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
Iwasaki Kallin $125,000 Smith James W
Potter Place Llc -- None Available
Finn Evan M $110,000 None Available
Crossroads Property Group Llc -- None Available
Wilson Proper Llc -- --
Wilson Derek A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwasaki Kallin $90,000
Previous Owner Finn Evan M $82,500
Previous Owner Crossroads Property Group Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $80,000 +1.3% $45 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $79,000 -- $45 / 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 $2,880 $138,600 $18,700 $119,900
2023 $2,687 $124,700 $15,600 $109,100
2022 $2,464 $114,000 $15,600 $98,400
2021 $2,210 $101,900 $16,300 $85,600
2020 $1,883 $86,100 $14,800 $71,300
2019 $1,719 $78,400 $14,100 $64,300
2018 $1,832 $83,900 $15,600 $68,300
2017 $1,667 $75,900 $14,200 $61,700
2016 $1,593 $72,300 $13,500 $58,800
2014 $1,475 $71,600 $12,500 $59,100
2013 -- $68,100 $12,100 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201612333

Indiana Regional MLS

APN: 18-11-09-413-009.000-003