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2407 S Penn St; Muncie, IN Property Details

2407 S Penn St, Muncie, IN is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 2407 S Penn St has 3 bedrooms, and 1 bathroom, and a total of 828 square feet. The lot size of 2407 S Penn St is 4,000 square feet.

Off market
2407 S Penn St Muncie, IN 47302
$50,900 Estimated Value
3 Beds
1 Baths
828 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $51,500
  • Open Loans / Balance: 1 / $23,568
  • Est. Equity / %: $72,432 / 75.45%
  • Gross Yield: 8.35%
  • APN: 18-11-22-254-024.000-003
  • Situs County: Delaware
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 828/SqFt
  • Lot: 4,000/SqFt
  • Garage: 240/SqFt
  • Living: 828/SqFt
  • Building: 828/SqFt
  • Ground: 828/SqFt
  • Price Per Square Foot: $62.20

Legal Description

  • Description: ARCADIA 0.0000ACRES STR: 222010 IN: 10 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: 40.17315 / -85.37303
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4376
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

2407 S Penn St has no associated ownership info
2407 S Penn St has no associated ownership info.

Taxes

2407 S Penn St has 10 associated Taxes items

2407 S Penn 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 $50,900. The APN we've located for 2407 S Penn St is 18-11-22-254-024.000-003.

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Taxes
  • Assessed Value:  $50,900
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-22-254-024.000-003
  • Assessed Land Value:  4300
  • Market Land Value:  4300
  • Tax Amount:  185.54
  • Tax Year:  2025
  • Market Value:  50900
  • Market Year:  2025

Tax History

2407 S Penn St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,900 Land Value $4,300 Improvement Value $46,600 Tax Amount $185.54 Change Rate -0.602698% Assessed CR Tax Rate +0.003645%
Year 2024 Assessed Value $34,900 Land Value $4,300 Improvement Value $30,600 Tax Amount $467 Change Rate +0.015262% Assessed CR Tax Rate +0.013381%
Year 2023 Assessed Value $34,200 Land Value $3,600 Improvement Value $30,600 Tax Amount $459.98 Change Rate +0.880386% Assessed CR Tax Rate +0.01345%
Year 2022 Assessed Value $31,200 Land Value $3,600 Improvement Value $27,600 Tax Amount $244.62 Change Rate -0.149503% Assessed CR Tax Rate +0.00784%
Year 2021 Assessed Value $24,400 Land Value $3,300 Improvement Value $21,100 Tax Amount $287.62 Change Rate +0.111103% Assessed CR Tax Rate +0.011788%
Year 2020 Assessed Value $22,500 Land Value $3,300 Improvement Value $19,200 Tax Amount $258.86 Change Rate +0.073039% Assessed CR Tax Rate +0.011505%
Year 2019 Assessed Value $21,400 Land Value $3,100 Improvement Value $18,300 Tax Amount $241.24 Change Rate -0.067996% Assessed CR Tax Rate +0.011273%
Year 2018 Assessed Value $23,600 Land Value $3,300 Improvement Value $20,300 Tax Amount $258.84 Change Rate -0.004385% Assessed CR Tax Rate +0.010968%
Year 2017 Assessed Value $23,800 Land Value $3,600 Improvement Value $20,200 Tax Amount $259.98 Change Rate +1.460534% Assessed CR Tax Rate +0.010924%
Year 2016 Assessed Value $23,200 Land Value $3,600 Improvement Value $19,600 Tax Amount $105.66 Change Rate -0.43696% Assessed CR Tax Rate +0.004554%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $187.66 Change Rate +0.132392% Assessed CR Tax Rate
Year 2014 Assessed Value $21,600 Land Value $3,600 Improvement Value $18,000 Tax Amount $165.72 Change Rate Assessed CR Tax Rate +0.007672%
Year 2013 Assessed Value $21,200 Land Value $3,600 Improvement Value $17,600 Tax Amount Change Rate Assessed CR Tax Rate