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$549,900 (Pending)

4001 S Burlington Drive Muncie, IN  47302

  • 5 Beds
  • 4 Baths
  • 5,025 sq. Ft

Property Description for 4001 S Burlington Drive Muncie, IN 47302

Now is your opportunity to purchase the Burlingwood Estate originally built in 1875 by one of the first settlers in the area: the Ganter family. In 1926 the home expanded and was converted into a country estate. This historic farmhouse has been meticulously renovated blending original features with modern amenities. Today, the 6.21 acre parklike setting offers all the conveniences of an accessible location to downtown Muncie, while providing a scenic retreat on the drive to Prairie Creek Reservoir. The spacious, well-appointed home offers unmatched elegance with nine and a half-foot ceilings, crown molding, refinished hardwood floors throughout, five sets of interior 12-pane French doors, and multiple original crystal chandeliers. Double-pane, insulating windows are featured throughout the house. A true chef's kitchen was remodeled in 2020. Featuring an abundance of new cabinetry while also preserving an area for the beautiful original solid-wood cabinets with glass doors, marble countertops, classic solid-wood butcher block island, Williams and Sonoma marble-top kitchen island and a separate coffee-bar area with an additional sink. The kitchen is complete with the GE Café Appliance Suite: gas range with dual ovens, double-door refrigerator with freezer drawer, built-in microwave, and dishwasher. The home itself has an impressive layout with 5 bedrooms, 3 and a half bathrooms, and large gathering spaces in the living and dining rooms. The main floor is spacious and bright with plethora of windows throughout creating beautiful views from each room. The staircase off the kitchen leads to the second story mother-in-law suite with two bedrooms and a full bathroom. The main staircase off the foyer leads to the remaining 3 bedrooms including the remodeled primary suite and third full bathroom. The third floor attic is an added gem with loads of space for another bedroom, game room, or study. The large separate garage has two double-depth bays. A staircase leads to a larger upper room, partially finished, and another room that is ideal for storage. Then there is a 40x20ft workshop building, behind the garage, which has both heating and cooling, a smooth concrete floor, several work tables, abundant lighting, and 120 and 240 power available for power tools. Lastly, but certainly not least the home has an established and successful airbnb apartment bringing in $15,000 annually for the past three years.

Address:4001 S Burlington Drive Muncie IN 47302
Status:Pending
on site: 30 days
Price:$549,900
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:5,025
Year Built:1875
Lot Size:6.21
County: Delaware County
Township: Center
School System : Muncie Community
MLS #:202440774
Property Type:Site-Built Home

Lot Dimensions:6.21
Lot Description:6-9.999
Directions:Burlington S. off of Memorial to home on right.
Total Sq. Ft. :5,025
Garage:Detached
Basement:Yes

Loan Price
$3,566
Price And Interest $2,869/month
Property Tax $468/month
MTG INS $0/month
HOME INS $229/month
Price
$549,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$468/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 12 Upper
2nd Bedroom 14 x 12 Upper
3rd Bedroom 19 x 10 Upper
4th Bedroom 11 x 9 Upper
5th Bedroom 11 x 10 Upper
Kitchen 20 x 14 Main
Family Room 15 x 12 Main
Dining Room 17 x 16 Main
Living Room 29 x 14 Main

Semi-Annual Property Tax:$2,808
Tax Year:2023 PAYABLE 2024
Mandatory HOA Fee:$

City:Muncie
Subdivision: None
Zip Code:47302

School System:Muncie Community
High School:Central
Middle School:Northside
Elementary School:Grissom

Total Sq. Ft.:5,025
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Range-Gas, Water Heater Gas, Water Softener-Owned
Exterior Features:Aluminum
Fuel:Gas, Radiant
Fireplace(s):Living/Great Rm
Cool:Wall AC
Heat:Gas, Radiant
Total Rooms:13
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Ali Harrigan with Coldwell Banker Real Estate Group

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 914 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.