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1623 S Madison St; Muncie, IN Property Details

1623 S Madison St, Muncie, IN is a Single Family that was built in 1890. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1623 S Madison St has 4 bedrooms, and 2 bathrooms, and a total of 2,040 square feet. The lot size of 1623 S Madison St is 7,500 square feet.

Off market
1623 S Madison St Muncie, IN 47302
$125,700 Estimated Value
4 Beds
2 Baths
2,040 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1890
  • Purchase Price: $13,000
  • Est. Equity / %: $133,000 / 100%
  • Inv. Liens / Amount: 1 / $46,355
  • Gross Yield: 14.526%
  • APN: 18-11-15-358-029.000-003
  • Situs County: Delaware
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Wood
  • Stories: 2
  • Building Condition: Good
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,040/SqFt
  • Lot: 7,500/SqFt
  • Garage: 285/SqFt
  • Living: 2,040/SqFt
  • Basement: 840/SqFt
  • Building: 2,040/SqFt
  • Ground: 2,040/SqFt
  • Basement Unfinished: 840/SqFt
  • Price Per Square Foot: $6.37

Legal Description

  • Description: GRAY ADD MID 50FT 0.0000ACRES STR: 152010 IN: 46-47-48 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: 40.18047 / -85.38206
  • Subdivision: Gray Add
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3470
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Carport
  • Heating: Hot Water
  • Parking: 1

Ownership Info

1623 S Madison St has no associated ownership info
1623 S Madison St has no associated ownership info.

Taxes

1623 S Madison St has 10 associated Taxes items

1623 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 $125,700. The APN we've located for 1623 S Madison St is 18-11-15-358-029.000-003.

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Taxes
  • Assessed Value:  $125,700
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-15-358-029.000-003
  • Assessed Land Value:  7000
  • Market Land Value:  7000
  • Tax Amount:  3607.48
  • Tax Year:  2025
  • Market Value:  125700
  • Market Year:  2025

Tax History

1623 S Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,700 Land Value $7,000 Improvement Value $118,700 Tax Amount $3,607.48 Change Rate +3.825544% Assessed CR Tax Rate +0.028699%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $747.58 Change Rate +0.017116% Assessed CR Tax Rate
Year 2023 Assessed Value $31,300 Land Value $5,800 Improvement Value $25,500 Tax Amount $735 Change Rate -0.314743% Assessed CR Tax Rate +0.023482%
Year 2022 Assessed Value $29,200 Land Value $5,800 Improvement Value $23,400 Tax Amount $1,072.59 Change Rate +0.865439% Assessed CR Tax Rate +0.036733%
Year 2021 Assessed Value $23,300 Land Value $3,800 Improvement Value $19,500 Tax Amount $574.98 Change Rate -0.082967% Assessed CR Tax Rate +0.024677%
Year 2020 Assessed Value $25,900 Land Value $6,400 Improvement Value $19,500 Tax Amount $627 Change Rate +4.805556% Assessed CR Tax Rate +0.024208%
Year 2019 Assessed Value $38,300 Land Value $6,400 Improvement Value $31,900 Tax Amount $108 Change Rate -0.805405% Assessed CR Tax Rate +0.00282%
Year 2018 Assessed Value $38,300 Land Value $6,400 Improvement Value $31,900 Tax Amount $555 Change Rate +0.09901% Assessed CR Tax Rate +0.014491%
Year 2017 Assessed Value $38,700 Land Value $7,000 Improvement Value $31,700 Tax Amount $505 Change Rate +0.311688% Assessed CR Tax Rate +0.013049%
Year 2016 Assessed Value $38,700 Land Value $7,000 Improvement Value $31,700 Tax Amount $385 Change Rate -0.157549% Assessed CR Tax Rate +0.009948%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $457 Change Rate -0.044333% Assessed CR Tax Rate
Year 2014 Assessed Value $42,400 Land Value $7,900 Improvement Value $34,500 Tax Amount $478.2 Change Rate Assessed CR Tax Rate +0.011278%
Year 2013 Assessed Value $42,000 Land Value $7,900 Improvement Value $34,100 Tax Amount Change Rate Assessed CR Tax Rate