Seller's Agent in 2021
John Minor
Whitetail Properties Real Estate
(317) 370-2422
269 Total Sales
8920 W County Road 500 N Muncie, IN 47304
Estimated Value: $360,000 - $582,891
4
Beds
2
Baths
1,400
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- 28.89 Acre Lot
- Pole Barn
- Pasture
- Ranch Style House
- 2 Car Detached Garage
- Central Air
About This Home
As of June 2021A horse lover’s paradise. This property is a hidden gem in a rural setting yet not far from the modern amenities of a bigger city. You will be absolutely stunned by all the facilities this property has to offer to have a thriving horse farm, equestrian or livestock operation. There are 37 horse stalls total on property. The huge main facility/horse barn has almost 16,000 sq. ft. Within it contains a 57x140 indoor arena, lots of horse stalls, 2 tack rooms, a boarder’s room with air/heat and ½ bath. A big 2nd floor office overlooking the indoor arena and plenty of hay storage for 2000 small bales above stalls, feed and tack rooms. Attached to main arena is a shed structure that can house tractor equipment and has an additional horse stalls. Also attached to the main arena on the south end is the living quarters/home. With approx. 1400 sq. ft. it contains 4 bedrooms/2 full baths, living room, kitchen, utility room and screened in porch. There are several other structures on the property including 2 more barns with additional horse stalls/tack room/ workshop and plenty of hay storage, a 2 car garage and workshop/pump house. The land itself provides ample room for all training, operations and just the pure enjoyment of horseback riding. There is an outdoor arena, 2 fenced turnout areas, one with a small pond. The 20 acre back field provides a huge bonus area for riding and producing hay or crops. To fully appreciate this amazing property/opportunity, you must see it, call to schedule your own private showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,082
Year Built
- Built in 1977
Lot Details
- 28.89 Acre Lot
- Level Lot
- Land Lease
Parking
- 2 Car Detached Garage
Home Design
- 1,400 Sq Ft Home
- Ranch Style House
- Property Attached
- Converted Dwelling
- Vinyl Construction Material
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Private Company Owned Well
- Well
- Septic System
Additional Features
- Pole Barn
- Pasture
Listing and Financial Details
- Assessor Parcel Number 18-06-15-300-004.000-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2020
Closed on
Jun 11, 2021
Sold by
Robertson Thomas J and Robertson Barbara J
Bought by
Knudsen Brandon W and Knudsen Amber L
Seller's Agent
John Minor
Whitetail Properties Real Estate
Buyer's Agent
Rich Lee
RE/MAX Real Estate Groups
List Price
$599,900
Sold Price
$434,000
Premium/Discount to List
-$165,900
-27.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,297
Avg. Annual Appreciation
2.04%
Original Mortgage
$340,000
Outstanding Balance
$320,176
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$152,811
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knudsen Brandon W | $434,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knudsen Brandon W | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2021 06/14/21 | Sold | $434,000 | -3.5% | $310 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 11/28/2020 11/28/20 | Price Changed | $449,900 | -25.0% | $321 / Sq Ft |
| 07/16/2020 07/16/20 | For Sale | $599,900 | -- | $429 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,125 | $250,000 | $95,400 | $154,600 |
| 2023 | $2,548 | $222,300 | $65,900 | $156,400 |
| 2022 | $2,275 | $217,300 | $56,900 | $160,400 |
| 2021 | $1,965 | $188,000 | $52,200 | $135,800 |
| 2020 | $3,141 | $181,600 | $52,000 | $129,600 |
| 2019 | $3,078 | $179,800 | $58,200 | $121,600 |
| 2018 | $3,082 | $186,800 | $59,300 | $127,500 |
| 2017 | $2,922 | $191,800 | $58,900 | $132,900 |
| 2016 | $2,835 | $189,100 | $61,400 | $127,700 |
| 2014 | $1,969 | $192,500 | $63,400 | $129,100 |
| 2013 | -- | $185,800 | $56,900 | $128,900 |
Source: Public Records
Agents Affiliated with this Home
-
John Minor
-
Bill Minor
B
Seller Co-Listing Agent in 2021
Bill Minor
Whitetail Properties Real Estate
(317) 446-9500
206 Total Sales
-
Rich Lee
Buyer's Agent in 2021
Rich Lee
RE/MAX
(765) 744-9951
214 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202027827
APN: 18-06-15-300-004.000-008
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