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Off market
  • Tax assessed value
    $57,100

    2111-2113 S Elm St, Muncie, IN 47302

    3beds
    2,124sqft
    SingleFamily
    Built in 1910
    4,791 Square Feet Lot
    $-- Zestimate®
    $27/sqft
    $1,617 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,617/mo

    Zestimate® history
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    What's special

    Collect $11,400/year OR MORE on this 2-Unit Property in Muncie, IN! • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 2 income-producing units! PRICED TO MOVE QUICKLY: $30,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Only 2.5 miles from Ball State University! ? Pro forma cap rate 15.7% after repairs ? Cash on cash return 18.6% ? 5 year annual ROI 45.5% per year ? 10k in repairs needed ? Great unit mix of one 2 bed/1 bath and one 1 bed/1 bath ? Priced to MOVE ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 765-766-4011 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 765-766-4011 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: Partially finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,124 sqft

    Property

    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 181122111012000003

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Muncie

    Financial & listing details

    • Price per square foot: $27/sqft
    • Tax assessed value: $57,100
    • Annual tax amount: $424
    • Contingency: Act With No Contingency

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/23/2017Listing removed$30,000$14/sqft
    Source: Owner Report a problem
    1/30/2017Price change$30,000+200%$14/sqft
    Source: Owner Report a problem
    11/30/2016Listed for sale$10,000+53.8%$5/sqft
    Source: RE/MAX Real Estate Groups #201653344 Report a problem
    2/29/2016Sold$6,500-40.9%$3/sqft
    Source: Public Record Report a problem
    11/30/2015Pending sale$11,000$5/sqft
    Source: RE/MAX Real Estate Groups #21385722 Report a problem
    11/3/2015Listed for sale$11,000$5/sqft
    Source: RE/MAX REAL ESTATE GROUPS #201551121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$424 +19.8%$57,100 +169.3%
    2024$354 -0.6%$21,200 +19.8%
    2023$356 -3.3%$17,700 -0.6%
    2022$368 +142.1%$17,800 -3.3%
    2021$152 +0%$18,400 +142.1%
    2020$152 -9.5%$7,600
    2019$168 -41.3%$7,600 -9.5%
    2018$286 -79.8%$8,400 -5.6%
    2017$1,416 +77%$8,900 -65.9%
    2016$800 -9.3%$26,100 -40.7%
    2014$882 -4.7%$44,000 +0.9%
    2013$925 +8.1%$43,600 +1.9%
    2012$856 -4.9%$42,800 -4.9%
    2011$900 +5.1%$45,000 +5.1%
    2010$856 +1.4%$42,800 +1.4%
    2009$844 $42,200
    Find assessor info on the county website

    Neighborhood: Industry

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southview
    • Middle: Southside
    • High: Central

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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