$375,000 Price Analysis    ♡   Muncie, IN 47302 Unknown bed None bath 3,400 SqFt ($110/SqFt) 0.55 acre lot. Built 1941 Listed 2024-03-06, Taxes $1,517 | Ⓧ USDA Ineligible due to location near Muncie |
5 total Units for sale
Located on the Southwest side of Muncie. 3 separate buildings on 2 parcels are being sold together. This sale includes a free-standing home on the North (888 SF), a duplex in the middle (2304 SF, South of the house) and a 2-story duplex (2520 SF) South of the middle duplex with access off 27th St. Total 5 Unit Rent is currently $3, 656/month. 2024 EBITDA is ~$30, 000. Details of Rents -- 3620 W 26th : occupied. $639.00 monthly Rent/Insurance.
2Bed 1BA. | 3623 W 26th- occupied. $836.00 monthly. Rent/water/sewage/trash (the tenant pays a monthly flat fee towards these other utilities and expenses). 2 Bed 1 BA. | 3624 W 26th- occupied. $895.00 monthly. Rent/water/sewage/trash/insurance. 2 Bed 1BA. | 3627 W 26th- occupied. $935.00 monthly. Rent/water/sewage/trash/insurance. 2 Bed 1 BA. | 3629 W 26th- occupied. $745.00 monthly. Rent/Insurance. 1 Bed 1BA. Tenants pay their own electric and gas. 12 Month Cash flow Statement and copies of leases are available. Tenants provide their own washer and dryers EXCEPT for 3629 W 26th. Parcls sold are 181130226-001000002 and 181130226-013000002.
Presented by Steve Slavin at
Coldwell Banker Real Estate Group - Muncie.
Property MLS #21967249 from MIBOR
Heating Features: Electric, Forced Air
Additional Parcels: Yes
Lot Description: Corner Lot
Lot Size Acres: 0.55
Lot Size Square Feet: 23958
Parking Features: Gravel
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 1, Pet Deposit Fee: 1
High School: Muncie Central High School
High School District: Muncie Community Schools
Middle School: Southside Middle School
Map directions Map directions Map directions Map directionsTenant Pays: Sewer, Trash Collection
Unit Type: 2 Bedroom, 1 Bedroom, 2 Bedroom, 2 Bedroom, 2 Bedroom
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Total Rooms in Unit-5: 4
Unit-1 Square Feet: 600
Unit-2 Square Feet: 600
Unit-3 Square Feet: 800
Unit-4 Square Feet: 700
Unit-5 Square Feet: 700
Unit 1 Total Actual Rent: 836
Unit 2 Total Actual Rent: 745
Unit 3 Total Actual Rent: 935
Unit 4 Total Actual Rent: 639
Unit 5 Total Actual Rent: 895
County: Delaware
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Apt>20
Area: 1808 - Delaware - Center
Source Neighborhood: Middletown Park
Parcel Number: 181130226001000002
Postal Code Plus 4: 4906
Subdivision: Middletown Park
Township: Center
Property Subtype: Fourplex
Lot Number: 18-11-30-226-001.000-00218-11-30-226-013.000-002
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $61,700 + $8,200 $69,900 | $1,517 |
| 2020 | $51,300 + $6,900 $58,200 | $1,282 |
| 2019 | $51,300 + $6,900 $58,200 | $1,282 |
| 2018 | $51,300 + $6,900 $58,200 | $1,282 |
| 2017 | $50,700 + $6,900 $57,600 | $1,270 |
| 2017 | $50,700 + $6,900 $57,600 | $1,270 |
| 2016 | $50,100 + $5,500 $55,600 | $1,270 |
| 2015 | $47,200 + $5,200 $52,400 | $1,194 |
| 2013 | $46,700 + $5,200 $51,900 | $1,413 |
| 2012 | $65,400 + $7,500 $72,900 | $2,132 |
| 2011 | $89,300 + $6,900 $96,200 | $2,922 |
| 2010 | $89,300 + $6,900 $96,200 | $2,561 |
$375,000
MIBOR
Foundation Details: Crawl Space, Slab
Levels: One
Property Age: 83
Property Attached: Yes
Roof: Shingle
Architectural Style: TraditonalAmerican
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 | ||||
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.