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(SOLD) $57,000

1506 E Main Street Muncie, IN  47305-2035

  • 4 Beds
  • 2 Baths
  • 1,944 sq. Ft

Property Description for 1506 E Main Street Muncie, IN 47305-2035

Investors, here’s a great opportunity to check out this property needs work, and is ready to fix and flip! This property was once a single family home and converted to a 2 unit property. These 2 units were recently rented for $500 and $700 per month, tenants pay utilities. Separate electric and gas meters. Each unit has 2 bedrooms, 1 bathroom, living room, and kitchen. The downstairs unit also has access to the basement with washer and dryer hookups. Detached garage has 2 separate sides.

Address:1506 E Main Street Muncie IN 47305-2035
Status:Sold
Sold On: 7/31/2024
Price:$64,900
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,944
Year Built:1900
Lot Size:0.14
County: Delaware County
Township: Center
School System : Muncie Community
MLS #:202415430
Property Type:Duplex

Lot Dimensions:50x125
Directions:On the N side of the street, just W of Lincoln and E of Brady
Total Sq. Ft. :1,944
Basement:Yes

Loan Price
$321
Price And Interest $297/month
Property Tax $0/month
MTG INS $0/month
HOME INS $24/month
Price
$57,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$288 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
4th Bedroom 2 x 2 Info Not Available
Family Room 500 x null Info Not Available

Tax Year:2024
Mandatory HOA Fee:$

City:Muncie
Subdivision: None
Zip Code:47305-2035

School System:Muncie Community
High School:Central
Middle School:Northside
Elementary School:East Washington Academy

Total Sq. Ft.:1,944
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Melanie White with Berkshire Hathaway Indiana Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Muncie Market Report

116
Avg. DOM
$104.65
Avg. $ / Sq.Ft.
$ 139,900
Med. List Price

The house prices in Muncie are indeed dropping at the moment. There has been a decrease in price of $5,783.40. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Muncie are going Down. The average house price is $142,500.00 and the average price per square feet is $111.33 per square feet. At the moment, the amount of homes listed is exactly 1341 houses, with 221 with active status, 119 with pending status and 1001 sold in Muncie .

The most popular place to buy a home in Muncie is 1808 - Delaware - Center. 1808 - Delaware - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Muncie .

The average amount of property taxes you would have to pay for a home in Muncie is $1,502.84. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Muncie are staying listed for an average of 65 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Muncie was 421 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Muncie is $1,479,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Muncie is $15,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Muncie in year 1841 and the newest built house is in year 2024.

The average size of properties in Muncie is 1762.72 sq.ft. , the biggest one being 8226 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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