511 W Charles St

3,854 Sq. Ft.
$36 / Sq. Ft.
3,854
Sq. Ft.
$36
per Sq. Ft.

Description

4 Unit Investment Property, 3 of the units rent for $650 with tenants paying electric & gas. 1 unit rents for $750 with utilities included in the rent. All units remodeled with new kitchens, new flooring & paint. 4 new gas furnaces 2 new ac units.4 Unit Investment Property, 3 of the units rent for $650 with tenants paying electric & gas. 1 unit rents for $750 with utilities included in the rent. All units remodeled with new kitchens, new flooring & paint. 4 new gas furnaces 2 new ac units.
  1. Listed by Jason Gates • F.C. Tucker Muncie, REALTORS

Property Details for 511 West Charles Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 09/30/2024 01:38 PM

Property Details for 511 West Charles Street

StatusSold
MLS #202432955
Days on Market9
Taxes$720 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyDelaware County

Location

Listing Courtesy of F.C. Tucker Muncie, REALTORS

Sold By NonMember MEIAR

Add your commute

Building Information for 511 West Charles Street

Stories2Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$758 per month

30 year fixed, 6.36% Interest

Principal and Interest

$698

Property Taxes

$60

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 511 West Charles Street

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47305
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Fips Code: 18035
  • Directions To Property: West Kilgore to Charles, East to Property
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 18-11-16-234-004.000-003
School Information
  • School District: Muncie Community Schools
  • Elementary: Southview
  • Middle School: Southside
  • High School: Central
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.11
  • Lot Dimensions: 40X152
  • Below Grade Unfin Sqft: 1372.0
  • Total Square Feet: 5226.0
  • Approx Lot Size Sqft: 4792.0
  • Above Grade Finished Sqft: 2482.0
  • Below Grade Finished Sqft: 1372.0
  • Total Below Grade Sqft: 2744.0
  • Total Finished Sqft: 3854.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Ceiling Fan
  • Exterior: Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 4
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air, None
  • Flooring: Laminate
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 4
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Buildings: 1
  • Number of Units: 4
  • Restrictions: No
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $32,400
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $31,680
  • Annual Property Tax: $720
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $2,700
  • Gross Monthly Rent: $2,700
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $650
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage: No
  • Unit 2-Laundry Room: Utility Room
  • Unit 2-Level: Main
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $650
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Currently Rented: No
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $750
Unit 4
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Currently Rented: Yes
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: None
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $650
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Water
  • Tenant Pays: Electric, Fuel

Property History for 511 West Charles Street

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Sold

Indiana Regional MLS #202432955

$140,000
Sep 6, 2024

Pending

Indiana Regional MLS #202432955

Aug 28, 2024

Listed (Active)

Indiana Regional MLS #202432955

$169,900
DateEvent & SourcePrice
09/30/2024

Sold

Indiana Regional MLS #202432955

$140,000
09/06/2024

Pending

Indiana Regional MLS #202432955

08/28/2024

Listed (Active)

Indiana Regional MLS #202432955

$169,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 511 West Charles Street

Taxable ValueLand$2,300Additions$84,200Total$86,500
Tax Record2025$1,838 ($153 / month)
Home Facts
Baths4Total Finished SqFt2,482 SqFtAbove Grade Finished SqFt2,482 SqFtStories2Lot Size6,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyDELAWAREAPN18-11-16-234-004.000-003Fireplace TypeHas Fireplace

Schools near 511 West Charles Street

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
South View Elementary School
PublicPK to 5

Muncie Central High School
PublicPK to 12

Northside Middle School
Public6 to 8

Youth Opportunity Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Muncie, REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.