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2517 West Oliver Drive

2517 West Oliver Drive, Muncie, IN 47302
Property in Center
Sold Aug 08, 2017
$81,800
$65,475 by Star Financial Bank
Mortgage Due Sep 01, 2047
Sold Jan 31, 2017
$17,100
Local assessors in Muncie, IN have categorized 2517 West Oliver Drive as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 13,400 square feet. The linear feet between the front and back of the lot was measured at 20,000 ft and the front of the lot was measured at 6,700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2517 West Oliver Drive has a total of 1,305 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Residents rely on central air conditioning for their cooling system. 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, 2517 West Oliver Drive sold most recently in Aug 3, 2017 for a total of $81,800. If you work out the math, that's approximately a cost of $62.68 per sqft. Before that, the property was also sold for $17,100 in Jan 3, 2017. 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 $1,133 in taxes each year. 2517 West Oliver Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,900. If we break it down further, the land itself was valued at $13,600. Improvements to the property, however, were assessed at a total of $86,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,400
  • Lot Size Depth Feet: 20,000
  • Lot Size Frontage Feet: 6,700
  • Total Building Area: 1,305
  • Building Area: 1,305
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,305
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BROOKFIELD TERRACE SEC B
  • Land Acres: 0.308
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROOKFIELD TERRACE SEC B LOT 38

Ownership

  • Current Owner : SCOTT MATTHEW A
  • Current Owner 2: SCOTT ELIZABETH H
  • Previous Owner : MBN PROPERTIES LLC
  • Owner Before Previous Owner: DELAWARE COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 11-20-B- -017
  • Account Number: 11 20 132 012 000
  • District: 0001
  • Parcel: 18-11-20-132-012.000-003
  • Lot: 38
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.176
  • Longitude: -85.4162

    Address

  • Full Address: 2517 W Oliver Dr
  • Address - House Number: 2517
  • Street Direction: W
  • Address - Street Name: Oliver
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Muncie
  • Carrier Code: C007
  • 4-Digit Zip Code: 2087
  • Zip Code: 47302

Valuation

    Tax

  • Total Area: 1,305
  • Tax Year: 2023
  • Tax Amount: $1,133
  • Tax Rate Code Area: 3:MUNCIE C

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 78,786
  • High Value: 113,315
  • Low Value: 44,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,475
  • First Open Lien Mortgage Lender: STAR FINANCIAL BANK
  • First Open Lien Mortgage Recording Date: Aug 08, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $65,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $99,900
  • Market Land Value: $13,600
  • Market Improvement Value: $86,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,900
  • Assessed Land Value: $13,600
  • Assessed Improvements Value: $86,300

    Sales

  • Current Sale Contract Date: Aug 03, 2017
  • Current Sale Recording Date: Aug 08, 2017
  • Current Sale Transaction ID: 1732517097
  • Current Sale Price: $81,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017R10276
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $17,100
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAR FINANCIAL BANK
  • First Mortgage Transaction Date: Aug 08, 2017
  • First Mortgage Loan Amount: $65,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2517 West Oliver Drive located in?
The 2517 West Oliver Drive is a located in the neighborhood of Center in Muncie, Muncie.
What is the average sales price for listings in 2517 West Oliver Drive?
The average sales price for units in 2517 West Oliver Drive is $0 currently.

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