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$6,500 ↓$500on 2/20/2024(Pending)

715 S Pierce Street Muncie, IN  47305-2138

  • 2 Beds
  • 1 Baths
  • 768 sq. Ft

Property Description for 715 S Pierce Street Muncie, IN 47305-2138

Vacant and Fire Damaged Home. Attention investors and cash buyers: This unique opportunity involves a single-family residence, built in 1900, situated on a 2,604 SqFt lot with a 768 SqFt living area that includes 2 bedrooms and 1 bathroom. Significant fire damage marks this property as a prime candidate for a comprehensive renovation or complete rebuild. Offered as a cash-only purchase, it's a special chance for investors to reshape and rejuvenate a valuable asset. The absence of HOA/COA fees boosts its attractiveness as an investment. Situated in a vibrant area known for its culture and amenities, lively community, enriched with outdoor activities, cultural venues, and educational institutions, promising a diverse lifestyle for future residents. For investors, this property is a blank slate, ready to be transformed into a profitable rental property or a high-value sale post-rehabilitation. The potential for substantial returns in an up-and-coming community is noteworthy. Seize this chance to invest in a property that offers not just financial returns but also the satisfaction of contributing to the revitalization of a thriving community. This is more than an investment; it's a chance to make a significant impact in a neighborhood ripe with potential.

Address:715 S Pierce Street Muncie IN 47305-2138
Status:Pending
on site: 105 days
Price:$6,500
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:768
Year Built:1900
Lot Size:0.06
County: Delaware County
Township: Center
School System : Muncie Community
MLS #:202401899
Property Type:Site-Built Home

Lot Dimensions:62X42
Lot Description:Level
Directions:Start at the intersection of W Jackson St and S High St, near the Carnegie Library. Head east on W Jackson St towards S Mulberry St. Turn left onto S Madison St. Continue on S Madison St, then turn right onto E Main St. Follow E Main St, then make a
Total Sq. Ft. :768
Basement:No

Loan Price
$67
Price And Interest $34/month
Property Tax $30/month
MTG INS $0/month
HOME INS $3/month
Price
$6,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$30/month
Home Owner Insurance
$36 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/20/24 $7,000 $6,500 -7.14%
02/14/24 $8,000 $7,000 -12.5%
02/06/24 $9,999 $8,000 -19.99%

RoomSizeLevel
Master Bedroom 9 x 9 Main
2nd Bedroom 10 x 10 Main
Kitchen 9 x 9 Main
Living Room 9 x 9 Main

Semi-Annual Property Tax:$182
Tax Year:2022
Mandatory HOA Fee:$

City:Muncie
Subdivision: None
Zip Code:47305-2138

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

Total Sq. Ft.:768
Exterior Features:Wood
Fuel:None
Fireplace(s):None
Cool:Other
Heat:None
Total Rooms:4
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Schools in 715 S Pierce Street Muncie, IN  47305-2138


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Listing provided courtesy of Joseph Wootan with List With Freedom.com LLC

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

97
Avg. DOM
$94.27
Avg. $ / Sq.Ft.
$ 125,000
Med. List Price

The house prices in Muncie are not dropping at the moment. There has been a increase in price of $17,880.50. 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 $129,900.00 and the average price per square feet is $95.40 per square feet. At the moment, the amount of homes listed is exactly 1029 houses, with 158 with active status, 117 with pending status and 754 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 $1,583.95. 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 75 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 796 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Muncie is $1,160,000.00. 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 1880 and the newest built house is in year 2023.

The average size of properties in Muncie is 1736.18 sq.ft. , the biggest one being 8868 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.