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(SOLD) $177,000

3505 N Lanewood Drive Muncie, IN  47304

  • 2 Beds
  • 2 Baths
  • 1,622 sq. Ft

Property Description for 3505 N Lanewood Drive Muncie, IN 47304

Welcome to this charming brick ranch home, perfect for those seeking comfort and convenience! Featuring 2 bedrooms, 1.5 bathrooms, with an updated kitchen with modern appliances making a spacious layout for family meals or entertaining guests. Enjoy cozy evenings by the gas log fireplace in the family room. Updates include new roof in 2021, new privacy fence in 2023 and updated HVAC. This is a low maintenance home conveniently located to shopping, restaurants and Ball State University! This home combines classic charm with modern updates, making it an ideal choice for your next move!

Address:3505 N Lanewood Drive Muncie IN 47304
Status:Sold
Sold On: 8/19/2024
Price:$174,900
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,622
Year Built:1955
Lot Size:0.24
County: Delaware
Township: Center
MLS #:21991262
Property Type:Single Family Residence

Lot Dimensions:10575
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,622
Total Sq. Ft. :1,622

Loan Price
$1,136
Price And Interest $923/month
Property Tax $139/month
MTG INS $0/month
HOME INS $74/month
Price
$177,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$139/month
Home Owner Insurance
$888 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 13x12 Main
Bedroom 2 13x12 Main
Family Room 24x15 Main
Living Room 20x15 Main
Kitchen 25x12 Main

Semi-Annual Property Tax:$835
Tax Year:2023
Mandatory HOA Fee:$

Area: 1808 - Delaware - Center
City:Muncie
Subdivision: Lanewood
Zip Code:47304

Total Sq. Ft.:1,622
Interior Features:Attic Pull Down Stairs, Bath Sinks Double Main, Hi-Speed Internet Availbl, Eat-in Kitchen, Windows Vinyl
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Exterior Type:Brick
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Total Rooms:5
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Cory Parker with RE/MAX Real Estate Solutions from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/16/2024 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

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 422 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.