$20,000
SOLD JAN 22, 2016
4 Beds
3 Baths
1,650 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

20% Below List Price

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Wood Siding
  • Storm Windows
  • Level Lot
  • Carpet

About This Home

As of May 2018

3 Unit Investment Property in the Old West End Historic District. Large 2 unit home with Newer Roof and Guttering and 500 SQ FT garage that has been made into a studio Apt. off street parking. New steps. Good Income Property!

Last Agent to Sell the Property

Aaron Orr

RE/MAX Real Estate Groups Listed on: 12/29/2015

RE/MAX Real Estate Groups

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $424

Year Built

  • Built in 1895

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 31x125
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Storm Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Washington Carver Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, maintenance, tax, trash collection
  • Assessor Parcel Number 18-11-16-129-003.000-003

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$424

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1895
  • Age: 121
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PROUD 2ND ADD W HLF LOT 19 |
  • Parcel Number ID: 18-11-16-129-003.000-003
  • Platted: Yes
  • Amenities: Basement, Cable Ready, Porch Open, Storm Windows, Water Heater Electric
  • Sp Lp Percent: 80.32
  • Monthly Gross Income: 417
  • Year Taxes Payable: 423.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 1650
  • Above Grade Finished Sq Ft: 1650
  • Below Grade Sq Ft: 870
  • Price Per Sq Ft: 12.12
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Slab
  • Flooring: Carpet
  • Main Level Sq Ft: 870
  • Total Below Grade Sq Ft: 870
  • Number Of Microwaves: 2

Exterior Features

  • Exterior: Shingle, Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 31x125
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Electric, Fuel, Sewer, Water

Tax Info

  • Total Assessed Value: 20200
  • Annual Property Tax: 423.5

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 8, 2018
Sold by
Spangler John
Bought by
Gossman Adrienne
Seller's Agent
Kara DeWeese
KMD Real Estate LLC
Buyer's Agent
Meghan Fallis
Coldwell Banker Real Estate Group
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$74,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,275
Avg. Annual Appreciation
13.36%

Purchase Details

Listed on
Apr 11, 2015
Closed on
Jan 20, 2016
Sold by
Stone Todd
Bought by
Spangler John
Seller's Agent
Ryan Orr
RE/MAX Real Estate Groups
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Tank Glenn E and Tank Andrea E
Bought by
Stone Todd
Source: Public Records

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 Type Sale Price Title Company
Deed -- None Available
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $30,000 -14.0% $18 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $34,900 +74.5% $21 / Sq Ft
01/26/2016 01/26/16 Sold $20,000 0.0% --
01/22/2016 01/22/16 Sold $20,000 -19.7% $12 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $24,900 0.0% --
01/08/2016 01/08/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $24,900 +24.5% $15 / Sq Ft
12/01/2015 12/01/15 Off Market $20,000 -- --
11/09/2015 11/09/15 Price Changed $24,900 -2.0% --
10/27/2015 10/27/15 Price Changed $25,400 -15.1% --
04/11/2015 04/11/15 For Sale $29,900 -- --
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 $1,302 $59,700 $3,600 $56,100
2023 $581 $49,800 $3,000 $46,800
2022 $1,032 $46,100 $3,000 $43,100
2021 $778 $33,400 $3,900 $29,500
2020 $756 $32,300 $3,900 $28,400
2019 $525 $20,800 $3,900 $16,900
2018 $511 $20,100 $3,900 $16,200
2017 $517 $20,400 $3,900 $16,500
2016 $551 $22,100 $3,900 $18,200
2014 $428 $19,200 $3,700 $15,500
2013 -- $18,400 $3,600 $14,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201557236

Indiana Regional MLS

APN: 18-11-16-129-003.000-003