NOT LISTED FOR SALE

Estimated Value: $37,462 - $122,000

2 Beds
2 Baths
1,332 Sq Ft
$48/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $24,000 $18 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $409/month

133 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Clifton Wallace Park
  • Partially Carpeted

About This Home

As of February 2020

This home is located at 903 W Charles St, Muncie, IN 47305 since 23 September 2019 and is currently estimated at $63,366, approximately $47 per square foot. This property was built in 1890. 903 W Charles St is a home located in Delaware County with nearby schools including Muncie Central High School, South View Elementary School, and Northside Middle School.

Last Listed By

Aaron Orr

RE/MAX Real Estate Groups Listed on: 09/23/2019

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 29x125
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 18-11-16-211-003.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $3,276
  • Insurance Expense $213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$330

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 130
  • Style: One and Half Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PROUDS 2 ADD EX E33.25FT STR: 162010 IN: 17 |
  • Parcel Number ID: 18-11-16-211-003.000-003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 92.66
  • Monthly Gross Income: 842
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1493
  • Total Finished Sq Ft: 1332
  • Above Grade Finished Sq Ft: 1332
  • Below Grade Sq Ft: 161
  • Price Per Sq Ft: 18.02
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 161
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 3276
  • Annual Insurance Expense: 213

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 29x125
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Owner Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 841.66
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 330

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Jb Elite Properties Llc
Bought by
903 W Charles Llc
Total Days on Market
133
Current Estimated Value
$63,366

Purchase Details

Listed on
Sep 23, 2019
Closed on
Feb 21, 2020
Sold by
Ames J William J and Ames Twyla J
Bought by
Jb Elite Properties Llc
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Michael Burke
RE/MAX Real Estate Groups
List Price
$25,900
Sold Price
$24,000
Premium/Discount to List
-$1,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%
Original Mortgage
$132,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
903 W Charles Llc $37,500 None Listed On Document
Jb Elite Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jb Elite Properties Llc $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $24,000 -7.3% $18 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $25,900 -- $19 / 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 $700 $29,600 $3,400 $26,200
2023 $600 $24,600 $2,800 $21,800
2022 $576 $23,400 $2,800 $20,600
2021 $462 $17,700 $3,600 $14,100
2020 $452 $17,200 $3,600 $13,600
2019 $452 $17,200 $3,600 $13,600
2018 $438 $16,500 $3,600 $12,900
2017 $444 $16,800 $3,600 $13,200
2016 $444 $16,800 $3,600 $13,200
2014 $341 $14,900 $3,400 $11,500
2013 -- $14,300 $3,300 $11,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201942190

Indiana Regional MLS

APN: 18-11-16-211-003.000-003