NOT LISTED FOR SALE

9801 S Rinker St Muncie, IN 47302

Cowan Neighborhood

Estimated Value: $84,000 - $221,000

6 Beds
3 Baths
2,156 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $120,000 $56 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,199/month

140 Days on Market

Highlights

  • 2 Car Garage
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Eat-In Kitchen
  • Ceiling Fan
  • Level Lot

About This Home

As of December 2020

Listing includes additional addresses: 701 Mallisa Ave & 703 Mallisa Ave. 2 parcels

Last Listed By

Mark Covault

F.C. Tucker Muncie, REALTORS Listed on: 07/14/2020

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1964

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80x132
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for lawn maintenance, maintenance, water, water softener
  • Assessor Parcel Number 18-15-16-206-003.000-012

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,042
  • Maintenance Expense $2,986

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1964
  • Age: 56
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Cowans Rinkers 2 Add Lot #1-2 |
  • Parcel Number ID: 18-15-16-206-003.000-012
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Water Heater Electric
  • Location: City/Town/Suburb
  • Parcel Id2: 18-15-16-206-003.000-012
  • Sp Lp Percent: 92.38
  • Annual Miscellaneous: 983
  • Monthly Gross Income: 1600
  • Special Features: None

Interior Features

  • Total Sq Ft: 2156
  • Total Finished Sq Ft: 2156
  • Above Grade Finished Sq Ft: 2156
  • Price Per Sq Ft: 55.66
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Garage, Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 2042
  • Annual Maintenance Expense: 2986
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80x132
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Water, Water Softener
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Dec 17, 2020
Sold by
Burden Larry and Stout Jerry
Bought by
Woodhill Llc
Seller's Agent
Mark Covault
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
140
Current Estimated Value
$180,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,333
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Aug 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Burden Larry and Stout Jerry

Purchase Details

Closed on
Jul 6, 2009
Sold by
Ault Deborah and Ault Thomas A
Bought by
Deutsche Bank National Trust Company

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
Woodhill Llc -- None Available
Burden Larry -- None Available
Deutsche Bank National Trust Company $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodhill Llc $1,064,000
Previous Owner Ault Thomas A $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $120,000 -7.6% $56 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $129,900 -- $60 / 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 $2,341 $116,000 $12,800 $103,200
2023 $2,223 $116,000 $12,800 $103,200
2022 $2,165 $117,100 $12,800 $104,300
2021 $1,284 $63,300 $12,800 $50,500
2020 $1,292 $63,300 $12,800 $50,500
2019 $1,269 $63,300 $12,800 $50,500
2018 $1,264 $63,200 $12,800 $50,400
2017 $948 $47,200 $12,000 $35,200
2016 $954 $47,200 $12,000 $35,200
2014 $911 $49,400 $12,000 $37,400
2013 -- $48,900 $12,000 $36,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Covault

    Seller's Agent in 2020

    Mark Covault

    F.C. Tucker Muncie, REALTORS

    (765) 289-2228

    1 in this area

    40 Total Sales

    Mark Covault
    Section Image

  • D

    Buyer's Agent in 2020

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3 in this area

    3,916 Total Sales

    Diana Martin
    Section Image
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Map

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Source: Indiana Regional MLS

MLS Number: 202026902

Indiana Regional MLS

APN: 18-15-16-206-004.000-012

Indiana Delaware County Muncie 47302 Cowan

9801 S Rinker St, Muncie, IN

Homes for Sale in Muncie, IN

This home is located at 9801 S Rinker St, Muncie, IN 47302 since 14 July 2020 and is currently estimated at $161,667, approximately $74 per square foot. This property was built in 1964. 9801 S Rinker St is a home located in Delaware County with nearby schools including Cowan Elementary School and Cowan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.