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$55,000   Price Analysis
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2327 S Jefferson St
Muncie, IN 47302
2 bed 2 bath 1,882 SqFt ($29/SqFt)
5,227SqFt lot. Built 1895
Listed 2024-05-14, Taxes $550
Ⓧ USDA Ineligible
due to location

near Muncie

If you've been looking for your next investment project

* Sale Pending *

This is the right fit for you. Previous tenants paid $600 a month in rent. There's 3 lots included in the sale of this house. The first floor already has a exceptional layout. There is huge living room area with a picture window to let in natural light and nice hardwood floors. There's 2 coat closets, great for storage. The hardwood floor continues into the dining room. The kitchen already has a row of cabinets that could be painted to brighten up the space.

Add in new light fixtures and flooring and this kit chen would be perfect. The downstairs bedroom has a great sized closet. The full bathroom is also downstairs, plus a bonus room that has a sliding glass door that leads outsde. This bonus room would best be made into an office as the stairs to get to the second level are located in this room. Upstairs is a half bathroom and 2 additional rooms, one room was previously used as a bedroom. 30 year dimensional shingle roof was installed in 2014. With some work, this house could be restored back into a cute and affordable home in the reviving southside neighborhood. Utilities are not able to be turned on, seller is selling as-is.


Presented by Amanda Terrell at
RE MAX Real Estate Groups.


Property MLS #202417024 from IRMLS

Bedrooms: 2
Bedroom 1 Dimensions: 11 x 12
Bedroom 2 Dimensions: 7 x 12
Bedroom 1 Level: Main
Bedroom 2 Level: Upper

Total Rooms: 7
Family Room Dimensions: 10 x 27
Family Room Level: Upper
Living Room Level: Main
Basement Description: Crawl

Total Bathrooms: 1 / 1
Full Bathrooms: 1
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 1
Half Bathrooms On Upper Level: 1

Cooling Features: Central Air
Heating Features: Gas, Forced Air

Dining Room Dimensions: 11 x 13
Dining Room Level: Main
Kitchen Dimensions: 9 x 13
Kitchen Level: Main

Flooring: Hardwood Floors, Carpet, Laminate

Aluminum

Lot Description: Corner
Lot Size Acres: 0.1199954
Lot Size Dimensions: 40x128
Lot Size Square Feet: 5227

Garage Spaces: 2
Garage Description: Detached
Garage Dimensions: 39 x 25
Garage Sqft: 975

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Southview
High School: Central
Middle School: Southside
School District: Muncie Community Schools

South View Elementary School is a public elementary school located approximately 0.3 miles away.
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Muncie Central High School is a public high school located approximately 1.9 miles away.
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Open Arms Christian Academy is a private elementary and middle school located approximately 1.1 miles away.
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Wilson Middle School is a public middle school located approximately 1.1 miles away.
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Annual Tax Amount: 554
Source Listing Status: Pending
County: Delaware County
Directions: South on Madison to 17th St, west to Jefferson, north to home on west side.
Source Property Type: RESIDENTIAL
Parcel Number: 18-11-22-152-016.000-003
Township: Center
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$39,300 + $5,000
$44,300
$550
2020$36,800 + $5,000
$41,800
$506
2019$36,800 + $5,000
$41,800
$496
2018$39,500 + $5,500
$45,000
$508
2017$39,200 + $6,100
$45,300
$508
2017$39,200 + $6,100
$45,300
$508
2016$38,800 + $6,100
$44,900
$522
2015$42,400 + $6,700
$49,100
$443
2013$41,900 + $6,700
$48,600
$2,397
2012$40,900 + $6,700
$47,600
$2,438
2011$42,100 + $6,200
$48,300
$2,126
2010$40,100 + $5,900
$46,000
$912

Listed 2024-05-14
$55,000
IRMLS
Sold 2015-02-19
$36,612
Public Record
Listing removed 2015-02-10
$38,900
Muncie
Listing removed 2015-01-12
$36,900
MIBOR
Relisted 2015-01-12
$38,900
Muncie
Listing removed 2015-01-11
$38,900
Muncie
Listed 2014-10-10
$38,900
Muncie
Listing removed 2014-10-07
$38,900
Muncie
Price Changed 2014-09-16
$38,900
Muncie
Listed 2014-09-12
$36,900
Muncie
Listing removed 2014-06-16
$36,900
Muncie
Listed 2014-04-28
$36,900
MIBOR
Listed 2014-04-17
$36,900
Muncie

Total Square Feet Living: 1882
Year Built: 1895
Above Grade Finished Area: 1882
Property Age: 129
Roof: Shingle
Levels or Stories: 1.5
House Style: One and Half Story
Total Area Main: 1882
Total Area Sqft: 1882
Architectural Style: Bungalow

Sewer: City
Water Source: City
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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.