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$167,000

1520 N Wheeling Avenue Muncie, IN  47303

  • 4 Beds
  • 2 Baths
  • 2,532 sq. Ft

Property Description for 1520 N Wheeling Avenue Muncie, IN 47303

Looking for a turnkey rental property in a consistently appreciating area with market monthly rents beating the one percent rule? Or perhaps need more space in an affordable, well-updated home with a great location? Consistently maintained, this well-renovated and updated residence includes new flooring & interior paint, remodeled bathrooms, remodeled kitchen w/new appliances, countertops, fixtures, 2 year old HVAC and more! The floor plan supplies four sizeable bedrooms along with the flex room that has been used as a 5th bedroom and could serve as additional income potential for the next owner or bonus living quarters/hobby area. The living room is large enough to serve two separate functions aside from the dining room, providing an abundance of common space for occupants and more flex/storage in the unfinished basement. Rear deck offers a haven for nice fall days and the detached garage is an excellent bonus to the large driveway that presents ample off-street parking for occupants & guests. Keep $$$ in your pocket with newer mechanicals/roof along with a low-maintenance exterior. Add this asset to your investment portfolio with immediate income potential in a proven & stable rental market or move-in without the burden of spending time & money on expensive renovations. Step into immediate value!

Address:1520 N Wheeling Avenue Muncie IN 47303
Status:Active
on site: 11 days
Price:$167,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,532
Year Built:1924
Lot Size:0.12
County: Delaware
Township: Center
MLS #:22007480
Property Type:Single Family Residence

Lot Dimensions:5355
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,375
Upper Level Sq. Ft. :705
Total Sq. Ft. :2,532
Basement:Yes

Loan Price
$1,085
Price And Interest $871/month
Property Tax $144/month
MTG INS $0/month
HOME INS $70/month
Price
$167,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$144/month
Home Owner Insurance
$840 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 27x11 Main
Kitchen 17x6 Main
Dining Room 11x13 Main
Primary Bedroom 13x11 Main
Bedroom 2 11x13 Main
Bedroom 3 13x14 Upper
Bedroom 4 14x13 Upper
Bonus Room 19x8 Main

Semi-Annual Property Tax:$865
Tax Year:2023
Mandatory HOA Fee:$

Area: 1808 - Delaware - Center
City:Muncie
Subdivision: Subdivision Not Available See Legal
Zip Code:47303

Total Sq. Ft.:2,532
Interior Features:Vaulted Ceiling(s), Pantry
Interior Area(s):Laundry in Unit
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Equipment:Not Applicable
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Electric Oven, Refrigerator, Washer
Total Rooms:8
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Wendall Bontrager with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/17/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Muncie Market Report

109
Avg. DOM
$110.6
Avg. $ / Sq.Ft.
$ 134,997
Med. List Price

The house prices in Muncie are not dropping at the moment. There has been a increase in price of $3,369.91. 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 Up. The average house price is $156,500.00 and the average price per square feet is $114.82 per square feet. At the moment, the amount of homes listed is exactly 1305 houses, with 194 with active status, 105 with pending status and 1006 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 $1,557.82. 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 66 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 2 minutes ago.

At the moment we have 0 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 1827.54 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.