NOT LISTED FOR SALE

Lot 40 Preserve Ln Muncie, IN 47304

0.05 Acre
-- Price per Acre
2,004 Sq Ft Lot

Last Sold December 21, 2015

Last sale price $7,500

33 Days on Market

About This Lot

As of December 2015

What a great opportunity to buy a lot in the Carrington Condos Community! Not too long ago, lots have been marketed around $25,000 and now you can buy one for only $7,500! In fact, if you want to buy all 11 of the initial lots listed you'd pay only $79,900. Anyone building would have to build to the covenants and restrictions specifications and any new condo would look like the others. There are 3 condo floor plans to choose from, but the Home Owner's Association is open to subtle changes. Buy 2 lots and you could easily put a 3 car garage. Current owners can buy land next to them to give them extra space between lots. The HOA is now being legally re-formed and will be run by condo owners (not the developer) -- owners should be excited about the stability and transparency of this new HOA! Developers -- this is a great opportunity to buy land at wholesale now as you plan for future retail sales. Grab a lot while you can as this is a very popular community! [Note: lots are bank owned (bank is from our community -- quick close possible). Seller to convey property by Special Warranty Deed. Taxes and Legal Descriptions are to be determined - part of a larger parcel. Owners own the land the building would sit on. All other surrounding landscaped land is considered common ground.]

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 09/11/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 09/11/2015

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Lot Details

  • 2,004 Sq Ft Lot
  • Lot Dimensions are 38x50
  • Finished Lot(s)

HOA Fees

  • $1 per month

Parking

  • Public Parking
  • Driveway
  • Paved Parking
  • On-Street Parking

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Additional Features

  • City Lot
  • Heating System Uses Gas

Community Details

  • Carrington Condos Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 18-07-29-175-002.000-007

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Carrington Woods Sec A Pt Tract A, 2.11 Ac, STR 292110 |
  • Parcel Number ID: 18-07-29-175-002.000-007
  • Platted: Yes
  • Location: City, Within 1 Mile to Airport
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Parcel Description: Irregular, Undeveloped, Cable Available
  • Restrictions: Building Restrictions, Covenants
  • Type of Sale: REO/Foreclosure
  • Options: Sell Entirely
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2015
  • Special Features: 1028

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Paved, Public, Street

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Other Fee Description: Ditch fee
  • Other Fees Dollar: 10

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Royerton

Lot Info

  • Lot Dimensions: 38x50
  • Estimated Lot Sq Ft: 2004
  • Estimated Lot Size Acres: 0.046
  • Improvements: Storm Sewers

Tax Info

  • Annual Taxes: 86

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $7,500 0.0% --
10/14/2015 10/14/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $7,500 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201557067

Indiana Regional MLS