3627-3620 West 26th Street

Muncie, IN 47302

$375,000
Price
5
Beds
5
Baths
5,712 Sq. Ft.
$66 / Sq. Ft.
5,712
Sq. Ft.
$66
per Sq. Ft.

Description

5 total Units for sale, located on the Southwest side of Muncie. 3 separate buildings on 2 parcels are being sold together. This sale includes a free-standing home on the North (888 SF), a duplex in the middle (2304 SF, South of the house), and a 2-story duplex (2520 SF) South of the middle duplex with access off 27th St. Total 5 Unit Rent is currently $3,656/month. 2024 EBITDA is ~$30,000. Details of Rents -- 3620 W 26th : occupied. $639.00 monthly Rent/Insurance. 2Bed 1BA. Details of Rents -- 3620...5 total Units for sale, located on the Southwest side of Muncie. 3 separate buildings on 2 parcels are being sold together. This sale includes a free-standing home on the North (888 SF), a duplex in the middle (2304 SF, South of the house), and a 2-story duplex (2520 SF) South of the middle duplex with access off 27th St. Total 5 Unit Rent is currently $3,656/month. 2024 EBITDA is ~$30,000. Details of Rents -- 3620 W 26th : occupied. $639.00 monthly Rent/Insurance. 2Bed 1BA. Details of Rents -- 3620 W 26th : occupied. $639.00 monthly Rent/Insurance. 2Bed 1BA | 3623 W 26th- occupied. $836.00 monthly. Rent/water/sewage/trash (the tenant pays a monthly flat fee towards these other utilities and expenses). 2 Bed 1 BA. Rent/water/sewage/trash (the tenant pays a monthly flat fee towards these other utilities and expenses). 2 Bed 1 BA | 3624 W 26th- occupied. $895.00 monthly. Rent/water/sewage/trash/insurance. 2 Bed 1BA. Rent/water/sewage/trash/insurance. 2 Bed 1BA | 3627 W 26th- occupied. $935.00 monthly. Rent/water/sewage/trash/insurance. 2 Bed 1 BA. Rent/water/sewage/trash/insurance. 2 Bed 1 BA | 3629 W 26th- occupied. $745.00 monthly. Rent/Insurance. 1 Bed 1BA. Tenants pay their own electric and gas. 12 Month Cash flow Statement and copies of leases are available. Tenants provide their own washer and dryers EXCEPT for 3629 W 26th. Parcels sold are 181130226-001000002 and 181130226-013000002.
  1. Listed by Steve Slavin • Coldwell Banker Real Estate Group

Property Details for 3627-3620 West 26th Street

Style
Two Story
Architectural Style
Ranch, Traditional, Other, Cabin/Cottage
Subdivision
Middletown Park
Waterfront
No
Water Features
None
Pet Restrictions
Yes

Location

Listing Courtesy of Coldwell Banker Real Estate Group
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LISTING UPDATED: 03/06/2024 08:55 PM

Property Details for 3627-3620 West 26th Street

StatusActive
MLS #202407181
Days on Market55
Taxes$3,247 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1941
Lot Size0.55 AC / 23,958 SF
CountyDelaware County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
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Building Information for 3627-3620 West 26th Street

Stories2Residences5Year Built1941Building Size-Lot Size0.55 AC / 23,958 SF

Payment Calculator

$2,317 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$271

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3627-3620 West 26th Street

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47305
  • State: IN
  • Township: Center
  • Cross Street: Tillotson Ave
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Fips Code: 18035
  • Directions To Property: Tillotson Ave South over the White River, past the County Jail, W on 26th St.
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2023
  • Parcel Number Id: 18-11-30-226-001.000-002
  • Parcel Id 2: 18-11-30-226-013.000-002
School Information
  • School District: Muncie Community Schools
  • Elementary: Southview
  • Middle School: Northside
  • High School: Central
Parking
  • Number Of Parking Spaces: 8
  • Parking: Gravel, Private
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.55
  • Lot Dimensions: 273x85
  • Lot Number: 38
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 5712.0
  • Upper Level Sqft: 1260.0
  • Approx Lot Size Sqft: 23958.0
  • Above Grade Finished Sqft: 5712.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 5712.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
  • Main Level Sqft: 4452.0
Property and Assessments
  • New Construction: No
  • Year Built: 1941
  • Age: 83
  • Documents Available: LBP Form, Lease, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Energy Efficient: Doors, Roofing, Windows
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast
  • Electric Company: AEP/I&M
  • Sewer: City
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Cable Available, Countertops-Laminate, Detector-Smoke, Landscaped, Patio Open, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Common Amenities: None
  • Driveway: Concrete, Gravel
  • Exterior: Metal, Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 5
  • Number of Washers: 0
  • Number Water Meters: 5
  • Basement: No
  • Basement/Foundation: Crawl, Slab
  • Cooling: Central Air, Window
  • Flooring: Carpet, Wood, Vinyl
  • Heating/Fuel: Electricity, Forced Air, Multiple Heating Systems
  • HVAC: Ceiling Fan, High Efficiency Furnace, HVAC (13 Seer)
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 3
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 5
  • Num of Units Rented: 5
  • Number of Buildings: 3
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $1,656.00
  • Annual Gross Rent $: $43,872
  • Annual Insurance Expense: $2,100
  • Annual Maint. Expense: $816
  • Annual Misc: $500
  • Annual Net Income: $33,959
  • Annual Property Tax: $3,247
  • Annual Trash Expense: $250
  • Annual Water/Sewer Exp: $1,344
  • Gross Monthly Income: $3,656
  • Gross Monthly Rent: $3,656
Unit Information
Unit 1
  • Unit 1 SqFt: 888
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $836.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Garage/Num of Cars: 0
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 3623
  • Unit 1-Unit Rent $: $836
Unit 2
  • Unit 2 SqFt: 888
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $745.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Utility Room
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2629
  • Unit 2-Unit Rent $: $745
Unit 3
  • Unit 3 SqFt: 1416
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $935.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Gas: Tenant
  • Unit 3-Laundry Room: Utility Room
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3627
  • Unit 3-Unit Rent $: $935
Unit 4
  • Unit 4 SqFt: 1260
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 4
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Deposit Amount: $639.00
  • Unit 4-Electric: Tenant
  • Unit 4-Garage: No
  • Unit 4-Gas: Tenant
  • Unit 4-Laundry Room: Utility Room
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 3620
  • Unit 4-Unit Rent $: $639
Unit 5
  • Unit 5 SqFt: 1260
  • Unit 5-Num of Bedrooms: 2
  • Unit 5-Num of Rooms: 4
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: Yes
  • Unit 5-Deposit Amount: $895.00
  • Unit 5-Garage: No
  • Unit 5-Laundry Room: Utility Room
  • Unit 5-Level: Upper
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 3624
  • Unit 5-Unit Rent $: $895
Rental
Rental Information
  • Enrgy Efficient Win/Doors: Double Pane Windows
  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Maintenance, Sewer, Trash Collection
  • Tenant Pays: Electric, Water

Property History for 3627-3620 West 26th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3627-3620 West 26th Street

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

Youth Opportunity Center
Public5 to 12

Muncie Central High School
Public9 to 12

Storer Elementary School
PublicPK 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

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3627-3620 West 26th Street is a multi-family home for sale in Muncie, IN 47302. This property was listed for sale on March 6, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $375,000. This listing's school district is Muncie Community Schools. Nearby schools include South View Elementary School, Youth Opportunity Center and Muncie Central High School. 3627-3620 West 26th Street is a 5-bed, 5-bath, 5,712 sqft multi-family home built in 1941.

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.