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1407 S May Ave; Muncie, IN Property Details

1407 S May Ave, Muncie, IN is a Single Family that was built in 1928. This property is currently Financed,Bank Sale and is not for sale. Our records show that 1407 S May Ave has 2 bedrooms, and 1 bathroom, and a total of 816 square feet. The lot size of 1407 S May Ave is 6,525 square feet.

Off market
1407 S May Ave Muncie, IN 47302
$53,700 Estimated Value
2 Beds
1 Baths
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1928
  • Purchase Price: $25,000
  • Est. Equity / %: $68,000 / 100%
  • Gross Yield: 17.647%
  • APN: 18-11-14-409-036.000-003
  • Situs County: Delaware
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 816/SqFt
  • Lot: 6,525/SqFt
  • Garage: 576/SqFt
  • Living: 816/SqFt
  • Basement: 816/SqFt
  • Building: 816/SqFt
  • Ground: 816/SqFt
  • Basement Unfinished: 816/SqFt
  • Price Per Square Foot: $30.64

Legal Description

  • Description: MEREDITH SUB N45FT LOT 4
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: 40.182175 / -85.35426
  • Subdivision: Merediths Sub
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3819
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

1407 S May Ave has no associated ownership info
1407 S May Ave has no associated ownership info.

Taxes

1407 S May Ave has 10 associated Taxes items

1407 S May Ave, 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 $53,700. The APN we've located for 1407 S May Ave is 18-11-14-409-036.000-003.

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Taxes
  • Assessed Value:  $53,700
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-14-409-036.000-003
  • Assessed Land Value:  4100
  • Market Land Value:  4100
  • Tax Amount:  240.76
  • Tax Year:  2025
  • Market Value:  53700
  • Market Year:  2025

Tax History

1407 S May Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,700 Land Value $4,100 Improvement Value $49,600 Tax Amount $240.76 Change Rate -0.553304% Assessed CR Tax Rate +0.004483%
Year 2024 Assessed Value $43,100 Land Value $4,100 Improvement Value $39,000 Tax Amount $538.98 Change Rate +0.082333% Assessed CR Tax Rate +0.012505%
Year 2023 Assessed Value $39,000 Land Value $3,400 Improvement Value $35,600 Tax Amount $497.98 Change Rate +0.937213% Assessed CR Tax Rate +0.012769%
Year 2022 Assessed Value $32,200 Land Value $3,400 Improvement Value $28,800 Tax Amount $257.06 Change Rate -0.326786% Assessed CR Tax Rate +0.007983%
Year 2021 Assessed Value $32,300 Land Value $3,300 Improvement Value $29,000 Tax Amount $381.84 Change Rate +0.260864% Assessed CR Tax Rate +0.011822%
Year 2020 Assessed Value $26,700 Land Value $2,600 Improvement Value $24,100 Tax Amount $302.84 Change Rate -0.030726% Assessed CR Tax Rate +0.011342%
Year 2019 Assessed Value $27,900 Land Value $4,300 Improvement Value $23,600 Tax Amount $312.44 Change Rate -0.009385% Assessed CR Tax Rate +0.011199%
Year 2018 Assessed Value $29,300 Land Value $4,500 Improvement Value $24,800 Tax Amount $315.4 Change Rate +1.92037% Assessed CR Tax Rate +0.010765%
Year 2017 Assessed Value $29,700 Land Value $5,300 Improvement Value $24,400 Tax Amount $108 Change Rate Assessed CR Tax Rate +0.003636%
Year 2016 Assessed Value $29,700 Land Value $5,300 Improvement Value $24,400 Tax Amount $108 Change Rate +0.5% Assessed CR Tax Rate +0.003636%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $72 Change Rate +0.666667% Assessed CR Tax Rate
Year 2014 Assessed Value $38,400 Land Value $6,600 Improvement Value $31,800 Tax Amount $43.2 Change Rate Assessed CR Tax Rate +0.001125%
Year 2013 Assessed Value $38,000 Land Value $6,600 Improvement Value $31,400 Tax Amount Change Rate Assessed CR Tax Rate