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$124,900 (Sold)

401 N Monroe Street Muncie, IN 47305

Property Description
Investment Opportunity! Tenant Occupied on Month-to-Month Leases. Two Story Apartment Building. 5 Units: 1 bed, 1 bath rents of $400-500/unit. Tenants pay electric .Additional 41x125 gravel lot currently being used as off-street parking. Same owner since 1999. Multiple updates have been done per seller, including roof in 2017 and HVAC in 2018.
Address:401 N Monroe Street Muncie IN 47305
Status:Sold
Sold On: 9/3/2021
Price:$124,900
Bathrooms:0
Year Built:1880
Lot Size:0.11
County: Delaware
Township: Center
School System : Muncie Community
MLS #:21801972
Property Type:5+Units Commercial

Lot Dimensions:5,000
Lot Features:Access Street, Not In Subdivision
Building Utilities:Separate Electric Meter, Sewer, Water, Cable Available, Gas Connected, Municipal Water Connected
Directions:N Madison St, right onto E Gilbert St, left onto Monroe to property on left
Sq. Ft. Source:Assessor
Basement:Yes
Loan Price
$797
Price And Interest $652/month
Property Tax $93/month
MTG INS $0/month
HOME INS $52/month
Price
$124,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$93/month
Home Owner Insurance
$624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$559
Tax Year:2021
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: 1808 - Delaware - Center
City:Muncie
Subdivision: NO SUBDIVISION
Zip Code:47305
School System:Muncie Community
Exterior Features:Driveway Gravel
Exterior Type:Vinyl
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company, Inc
Active
401 North MonroeStreet Muncie, IN 47305

1517 Walnut Street

$149,900

Pending
401 North MonroeStreet Muncie, IN 47305

1203 1St Street

$129,900

Get more information

Listing provided courtesy of Starr Real Estate, Inc..

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, Inc. 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.