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$80,000 $19,999on 8/21/2024

900 S Penn Street Muncie, IN  47302

  • 968 sq. Ft

Property Description for 900 S Penn Street Muncie, IN 47302

This well-maintained commercial property is an excellent investment for those looking to have an event center or repurpose it for other commercial uses. Previously utilized for parties, baby showers, and a variety of other events, this commercial building is well-equipped for multiple purposes. Including a kitchen area with updated appliances for convenient food preparation and catering, an expansive outside area perfect for additional entertainment or activities, and adaptable floor plan suitable for gatherings, meetings, and social events. The building has been completely remodeled in 2023. The recent updates include new central air unit, new furnace, new gas line, new water line, new plumbing, new siding, new flooring, new sewage line, new privacy fence, new deck, and new electrical. A Wheelchair ramp is also attached to the property. Centrally located with easy access and ample parking, making it ideal for guests and clients. Schedule a viewing today and explore the potential of this exceptional space!

Address:900 S Penn Street Muncie IN 47302
Status:Active
on site: 10 days
Price:$80,000
Bathrooms:0
Sq. Feet:968
Year Built:1942
Lot Size:0.07
County: Delaware
Township: Center
MLS #:21989134
Property Type:Business

Lot Dimensions:3040
Zoning:C1
Directions:GPS Friendly
Total Sq. Ft. :968

Loan Price
$576
Price And Interest $417/month
Property Tax $126/month
MTG INS $0/month
HOME INS $33/month
Price
$80,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$126/month
Home Owner Insurance
$396 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/21/24 $99,999 $80,000 -20%
08/07/24 $105,000 $99,999 -4.76%

Semi-Annual Property Tax:$758
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 1808 - Delaware - Center
City:Muncie
Zip Code:47302

Total Sq. Ft.:968
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Listing provided courtesy of Danielle Shouse with Shouse Realty Group LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/13/2024 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

130
Avg. DOM
$114.29
Avg. $ / Sq.Ft.
$ 139,900
Med. List Price

The house prices in Muncie are not dropping at the moment. There has been a increase in price of $40,586.01. 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 $148,950.00 and the average price per square feet is $107.75 per square feet. At the moment, the amount of homes listed is exactly 925 houses, with 224 with active status, 92 with pending status and 609 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 $1,486.58. 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 64 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 850 minutes ago.

At the moment we have 5 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 1726.7 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.