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2800 East Memorial Drive

2800 East Memorial Drive, Muncie, IN 47302
Commercial in Center
2800 East Memorial Drive has been categorized by the local assessors in Muncie, IN as a commercial type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 19,602 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, the home is utilizing gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2800 East Memorial Drive was last sold in Mar 28, 2022 for $150,000. According to our calculations, that's $57.69 per sqft. Current property owners are expected to pay $4,206 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2800 East Memorial Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $118,600. To break that down further, the land itself was valued at $15,900. While improvements to the property were assessed at a total of $102,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Parking Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210726
07/26/2021
Loft
4 Bath
-
$175,900
bedrooms
Loft
bathrooms
4 Bath
-
-
-
Ryan Kramer
RE/MAX Real Estate Groups

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: WALLS FIRST ADDITION
  • Land Acres: 0.45
  • Standard Land Use Code: Restaurant
  • Legal Description 1: WALLS 1ST ADD PT LOT 25 PT WHLF SE QTR S14 T20 R10 0.45 AC

Ownership

  • Current Owner : SILLOH GROUP LLC
  • Previous Owner : MAXWELL ROBERT L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Muncie Community Schools
  • Census Tract: 001300

Geography

  • Assessors Map Reference: 11-14-G-B-157
  • Account Number: 11 14 456 037 000
  • District: 0001
  • Section: 142010
  • Parcel: 18-11-14-456-037.000-003
  • Lot: 25
  • Meridian: SEC 14 TWN 20 RNG 10
  • Municipality: CENTER TOWNSHIP
  • Latitude: 40.1786
  • Longitude: -85.3536

    Address

  • Full Address: 2800 E Memorial Dr
  • Address - House Number: 2800
  • Street Direction: E
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Muncie
  • Carrier Code: C058
  • 4-Digit Zip Code: 4726
  • Zip Code: 47302

Valuation

    Tax

  • Total Area: 2,600
  • Tax Year: 2023
  • Tax Amount: $4,206
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 3:MUNCIE C

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: PREMIER BANK
  • First Open Lien Mortgage Recording Date: May 20, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 29, 2042

    Market Valuation

  • Market Total Value: $118,600
  • Market Land Value: $15,900
  • Market Improvement Value: $102,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,600
  • Assessed Land Value: $15,900
  • Assessed Improvements Value: $102,700

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11887961860
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7704

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER BANK
  • First Mortgage Transaction Date: May 20, 2022
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 29, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Muncie



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2800 East Memorial Drive located in?
The 2800 East Memorial Drive is a commercial located in the neighborhood of Center in Muncie, Muncie.
What is the average sales price for listings in 2800 East Memorial Drive?
The average sales price for units in 2800 East Memorial Drive is $0 currently.

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