Large Location Icon

505 N Ludlow Rd; Muncie, IN Property Details

505 N Ludlow Rd, Muncie, IN is a Duplex 2 Units that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 505 N Ludlow Rd has 4 bedrooms, and 1 bathroom, and a total of 1,716 square feet. The lot size of 505 N Ludlow Rd is 23,500 square feet.

Off market
505 N Ludlow Rd Muncie, IN 47304
$128,000 Estimated Value
4 Beds
1 Baths
1,716 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Est. Equity / %: $175,000 / 100%
  • APN: 18-10-12-305-022.000-035
  • Situs County: Delaware
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Condition: Average
  • Building Quality: D+
  • Roof Cover Type: Asphalt
  • Sewer Type: None
  • Water Source: Yes

Measurements

  • Total: 1,716/SqFt
  • Lot: 23,500/SqFt
  • Garage: 528/SqFt
  • Living: 1,716/SqFt
  • Building: 1,716/SqFt
  • Ground: 1,716/SqFt

Legal Description

  • Description: WEST ACRES 0.0000ACRES STR: 122009 IN: 40 OUT:
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Yorktown Community Schools
  • Lat / Lon: 40.197063 / -85.46001
  • Subdivision: Westacres
  • Property Class: Residential
  • County Use Code: 2

Amenities

  • Plus Four: 9779
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

505 N Ludlow Rd has no associated ownership info
505 N Ludlow Rd has no associated ownership info.

Taxes

505 N Ludlow Rd has 10 associated Taxes items

505 N Ludlow Rd, 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 $128,000. The APN we've located for 505 N Ludlow Rd is 18-10-12-305-022.000-035.

Unlock the full report
Taxes
  • Assessed Value:  $128,000
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-10-12-305-022.000-035
  • Assessed Land Value:  18500
  • Market Land Value:  18500
  • Tax Amount:  2654
  • Tax Year:  2025
  • Market Value:  128000
  • Market Year:  2025

Tax History

505 N Ludlow Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $128,000 Land Value $18,500 Improvement Value $109,500 Tax Amount $2,654 Change Rate +0.2871% Assessed CR Tax Rate +0.020734%
Year 2024 Assessed Value $101,400 Land Value $18,500 Improvement Value $82,900 Tax Amount $2,062 Change Rate +0.403065% Assessed CR Tax Rate +0.020335%
Year 2023 Assessed Value $101,400 Land Value $18,500 Improvement Value $82,900 Tax Amount $1,469.64 Change Rate +0.002538% Assessed CR Tax Rate +0.014493%
Year 2022 Assessed Value $102,300 Land Value $18,500 Improvement Value $83,800 Tax Amount $1,465.92 Change Rate +0.045517% Assessed CR Tax Rate +0.01433%
Year 2021 Assessed Value $93,300 Land Value $17,200 Improvement Value $76,100 Tax Amount $1,402.1 Change Rate +0.16758% Assessed CR Tax Rate +0.015028%
Year 2020 Assessed Value $78,500 Land Value $17,200 Improvement Value $61,300 Tax Amount $1,200.86 Change Rate -0.051079% Assessed CR Tax Rate +0.015298%
Year 2019 Assessed Value $104,900 Land Value $17,200 Improvement Value $87,700 Tax Amount $1,265.5 Change Rate +0.048241% Assessed CR Tax Rate +0.012064%
Year 2018 Assessed Value $104,800 Land Value $17,200 Improvement Value $87,600 Tax Amount $1,207.26 Change Rate +0.003041% Assessed CR Tax Rate +0.01152%
Year 2017 Assessed Value $102,700 Land Value $15,600 Improvement Value $87,100 Tax Amount $1,203.6 Change Rate +0.018222% Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $81,600 Land Value $15,600 Improvement Value $66,000 Tax Amount $1,182.06 Change Rate -0.027959% Assessed CR Tax Rate +0.014486%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,216.06 Change Rate -0.248993% Assessed CR Tax Rate
Year 2014 Assessed Value $112,300 Land Value $16,400 Improvement Value $95,900 Tax Amount $1,619.24 Change Rate Assessed CR Tax Rate +0.014419%
Year 2013 Assessed Value $81,300 Land Value $16,400 Improvement Value $64,900 Tax Amount Change Rate Assessed CR Tax Rate