1508 North Woodridge Avenue

Muncie, IN 47304

$189,900
Price
4
Beds
1
Bath
1,152 Sq. Ft.
$165 / Sq. Ft.
1,152
Sq. Ft.
$165
per Sq. Ft.

Description

Perfect Investment Location! With BSU in literally your backyard! Just across the gate in your backyard, Ball State is 200 yards away from the new BSU North dining hall that has Starbucks and Chic-Fil-A. This is one of the closest homes to Worthen Arena, walking distance to any facility on campus, and convenient location for anywhere else in North Muncie. The home offers a newly poured concrete patio, sidewalk leading into Ball State Campus with gate, cozy firepit, and professional landscaping. Inside,...Perfect Investment Location! With BSU in literally your backyard! Just across the gate in your backyard, Ball State is 200 yards away from the new BSU North dining hall that has Starbucks and Chic-Fil-A. This is one of the closest homes to Worthen Arena, walking distance to any facility on campus, and convenient location for anywhere else in North Muncie. The home offers a newly poured concrete patio, sidewalk leading into Ball State Campus with gate, cozy firepit, and professional landscaping. Inside, there are 4 bedrooms, an eat-in kitchen and a large living room. The bathroom has been updated, all appliances are updated (and stay with the home) and the metal roof is 5 years old. This property will fully rented at $2000 per month starting Aug 1, 2024 until July 25, 2025. The tenants would like to extend their lease for a total of three years. Currently there are tenants renting for $1000 per month. This is an exceptional investment opportunity that will attract tenants for years to come.
  1. Listed by Steve Slavin • Coldwell Banker Real Estate Group

Property Details for 1508 North Woodridge Avenue

Style
One Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute
LISTING UPDATED: 04/12/2024 06:45 PM

Property Details for 1508 North Woodridge Avenue

StatusActive
MLS #202412233
Days on Market22
Taxes$2,028 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1952
Lot Size0.15 AC / 6,534 SF
CountyDelaware County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 1508 North Woodridge Avenue

Stories1Residences1Year Built1952Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,205 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,036

Property Taxes

$169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1508 North Woodridge Avenue

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47304
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Fips Code: 18035
  • Directions To Property: McKinley S to Petty, L on Petty to W Parkway to N Woodridge, home on R
  • Sea Wall Type: None
  • Location: City/Town/Suburb, Near College Campus, On College Campus
Taxes and HOA
  • Assessed Value $: $2,023.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2028
  • Parcel Number Id: 18-11-08-226-003.000-003
School Information
  • School District: Muncie Community Schools
  • Elementary: Westview
  • Middle School: Northside
  • High School: Central
Parking
  • Number Of Parking Spaces: 4
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 55x133
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 1152.0
  • Approx Lot Size Sqft: 6534.0
  • Above Grade Finished Sqft: 1152.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 1152.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
  • Main Level Sqft: 1152.0
Property and Assessments
  • New Construction: No
  • Year Built: 1952
  • Age: 72
  • Documents Available: Lease, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Energy Efficient: Roofing
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Near Walking Trail, Cable Available, Countertops-Solid Surf, Deck Open, Eat-In Kitchen, Twin Sink Vanity, Washer Hook-Up
  • Driveway: Asphalt
  • Exterior: Vinyl
  • Fence: Chain Link
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Metal
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 1
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 1
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: Crawl, Slab
  • Cooling: Central Air
  • Flooring: Vinyl
  • Heating/Fuel: Gas, Forced Air
  • HVAC: Ceiling Fan
  • Stories: 1
  • 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: 1
  • Total Number of Half Baths: 0
  • Total Baths: 1
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 1
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Units: 1
Income & Expenses Information
  • Annual Electric Expense: $200.00
  • Annual Fuel Expense: $200.00
  • Annual Gross Rent $: $12,000
  • Annual Insurance Expense: $500
  • Annual Maint. Expense: $100
  • Annual Misc: $100
  • Annual Net Income: $8,472
  • Annual Property Tax: $2,028
  • Annual Trash Expense: $200
  • Annual Water/Sewer Exp: $200
  • Gross Monthly Income: $1,000
  • Gross Monthly Rent: $1,000
Unit Information
Unit 1
  • Unit 1 SqFt: 1152
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 4
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1508
  • Unit 1-Unit Rent $: $1,000
Rental
Rental Information
  • Lease Term: 1 Year, Other
  • Owner Pays: Cooling, Electric, Heating, Lawn Maintenance, Tax, Trash Collection, Water
  • Tenant Pays: Other

Property History for 1508 North Woodridge Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1508 North Woodridge Avenue

Taxable ValueLand$17,100Additions$81,600Total$98,700
Tax Record2023$2,092 ($174 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,152 SqFtAbove Grade Finished SqFt1,152 SqFtStories1Lot Size6,650 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1955CountyDELAWAREAPN18-11-08-226-003.000-003

Schools near 1508 North Woodridge Avenue

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
West View Elementary School
PublicPK to 5

Northside Middle School
Public6 to 8

Muncie Central High School
Public9 to 12

Sutton Elementary School
PublicK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1508 North Woodridge Avenue is a multi-family home for sale in Muncie, IN 47304. This property was listed for sale on April 9, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $189,900. It has been on the market for a total of 22 days and was last sold on February 16, 2012. This listing's school district is Muncie Community Schools. Nearby schools include West View Elementary School, Northside Middle School and Muncie Central High School. 1508 North Woodridge Avenue is a 4-bed, 1-bath, 1,152 sqft multi-family home built in 1952.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

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.