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500 S Varsity Ave; Muncie, IN Property Details

500 S Varsity Ave, Muncie, IN is a Single Family that was built in 1954. This property is currently a cash purchase and is not for sale. Our records show that 500 S Varsity Ave has 2 bedrooms, and 1 bathroom, and a total of 1,082 square feet. The lot size of 500 S Varsity Ave is 7,200 square feet.

Off market
500 S Varsity Ave Muncie, IN 47304
$83,600 Estimated Value
2 Beds
1 Baths
1,082 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1954
  • Est. Equity / %: $144,000 / 100%
  • Gross Yield: 11.692%
  • APN: 18-11-17-109-001.000-003
  • Situs County: Delaware
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,082/SqFt
  • Lot: 7,200/SqFt
  • Living: 1,082/SqFt
  • Building: 1,082/SqFt
  • Ground: 1,082/SqFt

Legal Description

  • Description: COLLEGE SQ 0.0000ACRES STR: 172010 IN: 15 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: 40.19033 / -85.420074
  • Subdivision: College Square
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4455
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Central

Ownership Info

500 S Varsity Ave has no associated ownership info
500 S Varsity Ave has no associated ownership info.

Taxes

500 S Varsity Ave has 10 associated Taxes items

500 S Varsity 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 $83,600. The APN we've located for 500 S Varsity Ave is 18-11-17-109-001.000-003.

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Taxes
  • Assessed Value:  $83,600
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-17-109-001.000-003
  • Assessed Land Value:  14300
  • Market Land Value:  14300
  • Tax Amount:  1780
  • Tax Year:  2025
  • Market Value:  83600
  • Market Year:  2025

Tax History

500 S Varsity Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,600 Land Value $14,300 Improvement Value $69,300 Tax Amount $1,780 Change Rate +0.154345% Assessed CR Tax Rate +0.021292%
Year 2024 Assessed Value $71,700 Land Value $14,300 Improvement Value $57,400 Tax Amount $1,542 Change Rate +0.044022% Assessed CR Tax Rate +0.021506%
Year 2023 Assessed Value $68,400 Land Value $13,000 Improvement Value $55,400 Tax Amount $1,476.98 Change Rate +0.01224% Assessed CR Tax Rate +0.021593%
Year 2022 Assessed Value $59,700 Land Value $13,000 Improvement Value $46,700 Tax Amount $1,459.12 Change Rate +0.357321% Assessed CR Tax Rate +0.024441%
Year 2021 Assessed Value $48,300 Land Value $11,000 Improvement Value $37,300 Tax Amount $1,075 Change Rate +0.054997% Assessed CR Tax Rate +0.022257%
Year 2020 Assessed Value $45,500 Land Value $10,000 Improvement Value $35,500 Tax Amount $1,018.96 Change Rate +0.208731% Assessed CR Tax Rate +0.022395%
Year 2019 Assessed Value $36,700 Land Value $9,100 Improvement Value $27,600 Tax Amount $843 Change Rate -0.036571% Assessed CR Tax Rate +0.02297%
Year 2018 Assessed Value $38,300 Land Value $9,600 Improvement Value $28,700 Tax Amount $875 Change Rate Assessed CR Tax Rate +0.022846%
Year 2017 Assessed Value $38,300 Land Value $10,100 Improvement Value $28,200 Tax Amount $875 Change Rate +0.157438% Assessed CR Tax Rate +0.022846%
Year 2016 Assessed Value $40,400 Land Value $10,700 Improvement Value $29,700 Tax Amount $755.98 Change Rate -0.086959% Assessed CR Tax Rate +0.018712%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $827.98 Change Rate -0.031806% Assessed CR Tax Rate
Year 2014 Assessed Value $40,600 Land Value $10,700 Improvement Value $29,900 Tax Amount $855.18 Change Rate Assessed CR Tax Rate +0.021064%
Year 2013 Assessed Value $42,300 Land Value $11,200 Improvement Value $31,100 Tax Amount Change Rate Assessed CR Tax Rate