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1716 West 7th Street

1716 West 7th Street, Muncie, IN 47302
Property in Center
Sold Aug 25, 2022
$69,900
$68,633 by Ruoff Mortgage Company Inc
Mortgage Due Sep 01, 2052
Sold Aug 24, 2021
$37,500
$30,000 by Northwest Bank
Mortgage Due Sep 01, 2036
Local assessors in Muncie, IN have categorized 1716 West 7th Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 12,500 ft and the front of the lot was measured at 4,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1716 West 7th Street has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 528 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1716 West 7th Street sold most recently in Aug 23, 2022 for a total of $69,900. If you work out the math, that's approximately a cost of $66.19 per sqft. Before that, the property was also sold for $37,500 in Aug 18, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $594 in taxes each year. 1716 West 7th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,600. If we break it down further, the land itself was valued at $5,600. Improvements to the property, however, were assessed at a total of $43,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 528
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 12,500
  • Lot Size Frontage Feet: 4,000
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROCHESTER & UTICA LAND CO
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: R AND U L CO LOT 20

Ownership

  • Current Owner : HICKS DONNA L
  • Previous Owner : DANIELS ROGER J
  • Owner Before Previous Owner: MULLINS JUANITA RUTH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Muncie Community Schools
  • Census Tract: 000500

Geography

  • Assessors Map Reference: 11-17-H-A-048
  • Account Number: 11 17 430 020 000
  • District: 0001
  • Parcel: 18-11-17-430-020.000-003
  • Lot: 20
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.1829
  • Longitude: -85.4061

    Address

  • Full Address: 1716 W 7th St
  • Address - House Number: 1716
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Muncie
  • Carrier Code: C016
  • 4-Digit Zip Code: 2111
  • Zip Code: 47302

Valuation

    Tax

  • Total Area: 1,584
  • Tax Year: 2023
  • Tax Amount: $594
  • Tax Rate Code Area: 3:MUNCIE C

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 59
  • Final Value: 23,192
  • High Value: 27,865
  • Low Value: 18,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,633
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Aug 25, 2022
  • First Open Lien Mortgage Loan Amount: $68,633
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $48,600
  • Market Land Value: $5,600
  • Market Improvement Value: $43,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,600
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $43,000

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Transaction ID: 11894937494
  • Current Sale Price: $69,900
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 12947
  • Previous Sale Recording Date: Aug 24, 2021
  • Previous Sale Contract Date: Aug 18, 2021
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Aug 25, 2022
  • First Mortgage Loan Amount: $68,633
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST BANK
  • Previous Mortgage Transaction Date: Aug 24, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $30,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Muncie



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Frequently Asked Questions

What neighborhood is 1716 West 7th Street located in?
The 1716 West 7th Street is a located in the neighborhood of Center in Muncie, Muncie.
What is the average sales price for listings in 1716 West 7th Street?
The average sales price for units in 1716 West 7th Street is $0 currently.

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