NOT LISTED FOR SALE

9300 S State Road 3 Muncie, IN 47302

Estimated Value: $195,000 - $313,000

5 Beds
1 Bath
2,620 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $127,000 $48 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,558/month

66 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Baseboard Heating
  • Covered patio or porch
  • Ceiling height of 9 feet or more
  • Level Lot

About This Home

As of October 2020

WOW!! First time on the market in 30+ years! Built in 1855, this stately brick home sits on the corner of SR 3 and Shockley Rd. in Cowan. This home has tons of historic details including beautiful trim, a beautiful stairway, gorgeous light fixtures, large rooms, and high ceilings. This home was once a carriage stop between Muncie and New Castle. History was provided from the previous owner: Construction of the home was supervised by Otto Carmichael's father in 1855. In approx. 1938 the wall between the parlor and dining area were removed and the fireplace added. The kitchen was also added in the 1930s followed by the summer kitchen. In 1962 the summer kitchen was enclosed to make the back porch. The home survived two tornados in 1960 and 1965. Located on 4.3 acres, this home is ready for you to come make it your own. The main floor features a HUGE living room, large eat in kitchen that features a really cool floor and painted brick wall. The main floor has 2 bedrooms and the full bath. Up the stairs there are 3 more bedrooms. 2 have HUGE closets. There is also a space that was previously a half bath, but current owners have never had it in use. There is a walk up attic that would be great for storage or with renovations could be additional living space. Being sold as- is. Possession not before 8/9.

Last Agent to Sell the Property

Rebekah Hanna

RE/MAX Real Estate Groups Listed on: 06/08/2020

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1855

Lot Details

  • 4.32 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Cowan Elementary And Middle School
  • Cowan High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-15-10-400-013.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1855
  • Age: 165
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: E HLF SE QTR 4.3200Acres
  • Parcel Number ID: 18-15-10-400-013.000-012
  • Platted: Yes
  • Amenities: Ceiling-9+, Closet(s) Walk-in, Porch Covered
  • Location: Rural
  • Sp Lp Percent: 90.78
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3190
  • Total Finished Sq Ft: 2620
  • Above Grade Finished Sq Ft: 2620
  • Below Grade Sq Ft: 570
  • Price Per Sq Ft: 48.47
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 21x30, On Level: Main
  • Kitchen: Dimensions: 22x12, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x15, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Bedroom 5: Dimensions: 14x15, On Level: Upper
  • Main Level Sq Ft: 1480
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 570

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Baseboard, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Indiana Michigan Power
  • Gas Company: Vectren Energy
  • Laundry: Dimensions: Mainx11, On Level: 7
  • Well Type: Private

Schools

  • School District: Cowan Community School Corp.
  • Elementary School: Cowan
  • Middle School: Cowan
  • High School: Cowan
  • Elementary School: Cowan

Lot Info

  • Lot Description: Level
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 188179
  • Estimated Lot Size Acres: 4.32

Tax Info

  • Annual Taxes: 1229.58
  • Total Assessed Value: 149300
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Cowan
  • Middle School: Cowan
  • School District: Cowan Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Oct 5, 2020
Sold by
Merrill Joan S
Bought by
Holsten Kyle J
Seller's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$150,000
Sold Price
$127,000
Premium/Discount to List
-$23,000
-15.33%
Current Estimated Value
$244,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,819
Avg. Annual Appreciation
12.38%
Original Mortgage
$120,650
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Holsten Kyle J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holsten Kyle J $100,000
Closed Holsten Kyle J $120,650
Previous Owner Merrill Dayrl L $112,952
Previous Owner Merrill Dayrl L $119,505
Previous Owner Merrill Dayrl L $126,882
Previous Owner Merrill Daryl L $139,896
Previous Owner Merrill Dayrl L $147,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $127,000 -9.2% $48 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $139,900 -6.7% $53 / Sq Ft
06/15/2020 06/15/20 For Sale $150,000 0.0% $57 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $150,000 -- $57 / 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 $2,466 $244,300 $48,000 $196,300
2023 $1,762 $202,900 $39,800 $163,100
2022 $1,566 $180,900 $39,800 $141,100
2021 $1,505 $163,400 $39,800 $123,600
2020 $1,431 $149,300 $39,800 $109,500
2019 $1,230 $142,100 $39,800 $102,300
2018 $1,099 $131,200 $39,800 $91,400
2017 $898 $118,700 $31,900 $86,800
2016 $854 $114,000 $31,300 $82,700
2014 $912 $121,900 $33,600 $88,300
2013 -- $116,700 $33,600 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202021107

Indiana Regional MLS

APN: 18-15-10-400-013.000-012