2 months on rocket

1501 W 7th St, Muncie, IN, 47302

$109,000

Home List Price

$1,294*

Closing Credit

3 Bedrooms
1 Full Bath
$113/SqFt
House

Location

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1501 W 7th St, Muncie$109,000

Buyer Closing Credits

$1,294*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1886
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
MLS #202440734
Lot Size0.14 Acres
StatusActive

About 1501 W 7th St

Room to grow on this quiet Avondale street. Freshly painted Living Room with some original hardwoods. Brand New Kitchen from top to bottom. 3BD, & 1 Bath on main floor with newer laminate floors. Cute newer bathroom with Sliding Barn Door. Newer Roof on garage and west half of house. Nice new windows and wrapped trim make the exterior almost maintenance free. Full Privacy Fence around large back yard! Corner lot. Detached one-car garage. AND this 1880s home was built with an unfinished attic that Could have 2-3 more rooms! The windows & trim were done to the same quality as downstairs, but it has been a one-story house all this time. Immediate possession!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1886

Listing Office:

  • Office Name: MADUNN.COM
  • Office Phone: (765) 749-5342
  • Listing Agent: Michael Dunn

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Vinyl

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 1501 W 7th St
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Lot Features

Lot Information:

  • Lot: Corner Lot, Sloped
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Kilgore (Trade School Lofts), turn South on Perkins to home on corner of 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $780
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Muncie, IN.

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Muncie, IN

City

Med. Sold Price

$145K

Med. Price/SqFt

$98

Avg. Days On Market

23

# of Sold Homes

100

1501 W 7th St vs Muncie

62 DAYS ON ROCKET

+39 Days

$109,000

-$36K Less

$113/SqFt

+$14 More

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $14/SqFt more than other homes in Muncie, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202440734

Listing Office:

  • Office Name: MADUNN.COM
  • Office Phone: (765) 749-5342
  • Listing Agent: Michael Dunn

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$780$30,100
2019$808$34,500
2017$876$37,900

History based on county public records data.

Payment Calculator

$612

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$393

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-948441
3
/10

  • South View Elementary School

  • 2100 S Franklin St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-948442
4
/10

  • West View Elementary School

  • 3401 W Gilbert St

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-948443
6
/10

  • East Washington Academy

  • 1000 E Washington St

  • 1.72 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,496. Typical income of Muncie, IN residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Muncie, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Muncie, IN?

Muncie's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The market is balanced, with a healthy mix of ownership and rental opportunities, catering to a range of preferences and budgets.

Is Muncie, IN a good place to live?

Muncie is celebrated for its vibrant community spirit and cultural offerings. The city prides itself on its local events, including festivals and fairs that highlight the area's history and arts scene. The community's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.

Are things conveniently located in Muncie, IN?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of specialized care. The public library system is active, providing resources and programming for residents of all ages. Retail and dining options are plentiful, reflecting Muncie's local culture and culinary diversity.

What does the transportation in Muncie, IN look like?

Transportation in Muncie includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, providing access to key areas within the city. The community is also mindful of walkability, with certain areas being more pedestrian-friendly. While specific ride-sharing services are operational, their availability may vary throughout the city.

Frequently Asked Questions About 1501 W 7th St

What is the listing price of this property?

The listing price of 1501 W 7th St property is $109,000.

What type of property is this?

The property 1501 W 7th St is a house located in Muncie, Indiana, 47302.

Is this property for sale now?

Active Listing: 1501 W 7th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $780 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1501 W 7th St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1501 W 7th St is 1886.

Rocket Homes›Indiana›Delaware County›Muncie›47302›1501 W 7th St

This home is located at 1501 W 7th St in Muncie, IN and zip code 47302. This home was built in 1886. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $109,000.

In November 2024 more than 14 listings in Muncie, IN were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 56 were sold below. Between October 2024 and November 2024, Muncie, IN real estate market has seen increase in the number of listings by 6.7%. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $145,000.

From Rocket Homes Real Estate and based on county public records data.

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