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1206 S Madison St; Muncie, IN Property Details

1206 S Madison St, Muncie, IN is a Single Family that was built in 1906. This property is currently Financed and is not for sale. Our records show that 1206 S Madison St has 3 bedrooms, and 2 bathrooms, and a total of 2,240 square feet. The lot size of 1206 S Madison St is 8,374 square feet.

Off market
1206 S Madison St Muncie, IN 47302
$148,900 Listing Price
3 Beds
2 Baths
2,240 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1906
  • Purchase Price: $192,095
  • Open Loans / Balance: 1 / $144,433
  • Est. Equity / %: $-1,433 / -1%
  • Gross Yield: 12.151%
  • APN: 18-11-15-330-002.000-003
  • Situs County: Delaware
  • Length Of Ownership: 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes
  • Attic: true

Measurements

  • Total: 2,240/SqFt
  • Lot: 8,374/SqFt
  • Attic: 2,240/SqFt
  • Garage: 800/SqFt
  • Living: 2,240/SqFt
  • Basement: 594/SqFt
  • Building: 2,240/SqFt
  • Ground: 1,120/SqFt
  • Attic Finished: 1,120/SqFt
  • Basement Unfinished: 594/SqFt
  • Price Per Square Foot: $85.76

Legal Description

  • Description: GAL SUB 0.0000ACRES STR: 152010 IN: 134 OUT:
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Muncie Community Schools
  • Lat / Lon: 40.184452 / -85.381355
  • Subdivision: Galliher Subdivision
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3438
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

1206 S Madison St has no associated ownership info
1206 S Madison St has no associated ownership info.

Taxes

1206 S Madison St has 10 associated Taxes items

1206 S Madison St, Muncie, IN pays taxes in Delaware County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $66,600. The APN we've located for 1206 S Madison St is 18-11-15-330-002.000-003.

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Taxes
  • Assessed Value:  $66,600
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-15-330-002.000-003
  • Assessed Land Value:  4500
  • Market Land Value:  4500
  • Tax Amount:  1440.02
  • Tax Year:  2025
  • Market Value:  66600
  • Market Year:  2025

Tax History

1206 S Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,600 Land Value $4,500 Improvement Value $62,100 Tax Amount $1,440.02 Change Rate +0.325985% Assessed CR Tax Rate +0.021622%
Year 2024 Assessed Value $48,900 Land Value $4,500 Improvement Value $44,400 Tax Amount $1,086 Change Rate +0.872478% Assessed CR Tax Rate +0.022209%
Year 2023 Assessed Value $47,200 Land Value $3,800 Improvement Value $43,400 Tax Amount $579.98 Change Rate +0.703619% Assessed CR Tax Rate +0.012288%
Year 2022 Assessed Value $38,900 Land Value $3,800 Improvement Value $35,100 Tax Amount $340.44 Change Rate -0.24491% Assessed CR Tax Rate +0.008752%
Year 2021 Assessed Value $37,800 Land Value $5,800 Improvement Value $32,000 Tax Amount $450.86 Change Rate +0.194774% Assessed CR Tax Rate +0.011928%
Year 2020 Assessed Value $32,500 Land Value $5,800 Improvement Value $26,700 Tax Amount $377.36 Change Rate +0.055789% Assessed CR Tax Rate +0.011611%
Year 2019 Assessed Value $31,500 Land Value $5,800 Improvement Value $25,700 Tax Amount $357.42 Change Rate +0.047845% Assessed CR Tax Rate +0.011347%
Year 2018 Assessed Value $31,500 Land Value $5,800 Improvement Value $25,700 Tax Amount $341.1 Change Rate -0.125609% Assessed CR Tax Rate +0.010829%
Year 2017 Assessed Value $35,900 Land Value $6,500 Improvement Value $29,400 Tax Amount $390.1 Change Rate +0.051993% Assessed CR Tax Rate +0.010866%
Year 2016 Assessed Value $44,700 Land Value $8,100 Improvement Value $36,600 Tax Amount $370.82 Change Rate -0.162594% Assessed CR Tax Rate +0.008296%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $442.82 Change Rate +0.049585% Assessed CR Tax Rate
Year 2014 Assessed Value $45,400 Land Value $8,100 Improvement Value $37,300 Tax Amount $421.9 Change Rate Assessed CR Tax Rate +0.009293%
Year 2013 Assessed Value $44,900 Land Value $8,100 Improvement Value $36,800 Tax Amount Change Rate Assessed CR Tax Rate