Hang on a second...
USDAProperties.com is almost done...

 

 

 

$89,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
1101 W 1st St
Muncie, IN 47305
3 bed 3 bath 1,862 SqFt ($48/SqFt)
5,250SqFt lot. Built 1980
Listed 2024-04-09, Taxes $1,020
Ⓧ USDA Ineligible
due to location

near Muncie

Add this triplex to your portfolio today!

* Sale Pending *

Separated electric meters. Detached 2 car garage. Tenants pay electric. Owner pys W/T/S. Each unit is a 1 bed/1 bath apartment. Unit 1 is vacant.

Was renting for $500 a month. Unit 2 is seller occupied. Unit 3 is rented. Rent is $450 a month, deposit $450. Current lease ends 4-30-24. Tenant is renewing a year lease at $500 a month.


Presented by Heather Clemmons at
Starr Real Estate.
Listing Agent Photo

Property MLS #202411625 from IRMLS

Bedrooms: 3

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Furnished Description: Building, Land, Lease
Flooring: Carpet, Vinyl

Heating Features: Baseboard

Basement Description: Crawl, Partial Basement

Lot Description: 0-2.9999
Lot Size Acres: 0.1205234
Lot Size Dimensions: 420X1250
Lot Size Square Feet: 5250

Garage Spaces: 3

Elementary School: Westview
High School: Central
Middle School: Northside
School District: Muncie Community Schools

South View Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Muncie Central High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

Northside Middle School is a public middle school located approximately 2 miles away.
directions icon Map directions

Saint Mary School is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Number of Units: 3
Number of 1 Bedroom Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Unit-1 Square Feet: 620
Unit-2 Square Feet: 620
Unit-3 Square Feet: 620
Unit 3 Total Actual Rent: 450

Income Includes: 5400
Lease Term: 1 Year
Tenant Pays: Electric

Community Features: Basement, Countertops-Laminate, Porch Covered

Annual Tax Amount: 1450
Source Listing Status: Pending
County: Delaware County
Directions: East on 8th St to S Elliott, north on Elliott to W 1st St, turn left onto W 1st
Tax Year: 2023
Source Property Type: INVESTMENT
Number of Separate Electric Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Parcel Number: 18-11-16-182-007.000-003
Postal Code Plus 4: 2170
Township: Center
Lot Number: 1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$40,400 + $5,200
$45,600
$1,020
2020$40,000 + $5,200
$45,200
$1,011
2019$39,500 + $5,200
$44,700
$1,002
2018$37,700 + $5,200
$42,900
$966
2017$30,500 + $5,200
$35,700
$820
2017$30,400 + $5,200
$35,600
$820
2016$24,200 + $5,200
$29,400
$821
2015$22,400 + $5,000
$27,400
$660
2013$21,500 + $4,800
$26,300
$1,297
2012$23,600 + $4,900
$28,500
$1,459
2011$23,000 + $6,300
$29,300
$812
2010$32,800 + $6,300
$39,100
$289

Price Changed 2024-05-24
$89,900
IRMLS
Price Changed 2024-05-03
$94,500
IRMLS
Listed 2024-04-09
$99,900
IRMLS
Sold 2017-07-28
$52,500
Public Record
Listing removed 2017-06-20
$57,900
IRMLS
Listing removed 2017-06-02
$57,900
Muncie
Listing removed 2017-06-02
$57,900
Bloomington
Price Changed 2016-12-30
$57,900
Muncie
Listed 2016-03-04
$57,900
Bloomington
Listed 2016-03-04
$57,900
IRMLS
Listed 2016-03-04
$59,900
Muncie
Sold 2007-10-19
$99,000
Public Record

Net Operating Income: 3950

Total Square Feet Living: 1862
Year Built: 1980
Above Grade Finished Area: 1862
Property Age: 44
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Sqft: 1862

Sewer: City
City
Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewunknowngarage
laundry_roomkitchenunknownkitchenbathroom
bathroomunknownunknownunknownkitchen
kitchenkitchenlaundry_roombathroombathroom
bedroomunknownunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.