Taxes
- Assessed Value: $130,900
- Assessed Year: 2025
- Assessed County: Delaware
- APN: 18-11-17-108-007.000-003
- Assessed Land Value: 14300
- Market Land Value: 14300
- Tax Amount: 1286.1
- Tax Year: 2025
- Market Value: 130900
- Market Year: 2025
505 S Varsity Ave; Muncie, IN Property Details
Off market
505 S Varsity Ave Muncie, IN 47304
$88,900 Listing Price
2 Beds
1 Baths
1,336 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1953
- Est. Equity / %: $171,000 / 100%
- Gross Yield: 9.677%
- APN: 18-11-17-108-007.000-003
- Situs County: Delaware
- Length Of Ownership: 3 years, 6 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Wood
- Stories: 1
- Building Condition: Good
- Building Quality: D+
- Roof Cover Type: Asphalt
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,336/SqFt
- Lot: 7,200/SqFt
- Living: 1,336/SqFt
- Building: 1,336/SqFt
- Ground: 1,336/SqFt
Legal Description
- Description: COLLEGE SQUARE LOT 7
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: 40.190147 / -85.420586
- Subdivision: College Square
- Property Class: Residential
- County Use Code: 1
Amenities
- Heating Fuel Type: Gas
- Plus Four: 4456
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
- Parking: 1
Ownership Info
505 S Varsity Ave has no associated ownership info
505 S Varsity Ave has no associated ownership info.
Taxes
505 S Varsity Ave has 10 associated Taxes items
505 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 $130,900. The APN we've located for 505 S Varsity Ave is 18-11-17-108-007.000-003.
Unlock the full reportTax History
505 S Varsity Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $130,900 | Land Value $14,300 | Improvement Value $116,600 | Tax Amount $1,286.1 | Change Rate +4.71905% | Assessed CR | Tax Rate +0.009825% |
| Year 2024 | Assessed Value $107,500 | Land Value $14,300 | Improvement Value $93,200 | Tax Amount $224.88 | Change Rate -0.90825% | Assessed CR | Tax Rate +0.002092% |
| Year 2023 | Assessed Value $113,400 | Land Value $13,000 | Improvement Value $100,400 | Tax Amount $2,451 | Change Rate +0.603837% | Assessed CR | Tax Rate +0.021614% |
| Year 2022 | Assessed Value $97,600 | Land Value $13,000 | Improvement Value $84,600 | Tax Amount $1,528.21 | Change Rate +0.595209% | Assessed CR | Tax Rate +0.015658% |
| Year 2021 | Assessed Value $77,200 | Land Value $11,000 | Improvement Value $66,200 | Tax Amount $958 | Change Rate +0.050416% | Assessed CR | Tax Rate +0.012409% |
| Year 2020 | Assessed Value $73,000 | Land Value $10,000 | Improvement Value $63,000 | Tax Amount $912.02 | Change Rate +7.44463% | Assessed CR | Tax Rate +0.012493% |
| Year 2019 | Assessed Value $62,300 | Land Value $9,100 | Improvement Value $53,200 | Tax Amount $108 | Change Rate | Assessed CR | Tax Rate +0.001734% |
| Year 2018 | Assessed Value $64,900 | Land Value $9,600 | Improvement Value $55,300 | Tax Amount $108 | Change Rate | Assessed CR | Tax Rate +0.001664% |
| Year 2017 | Assessed Value $64,000 | Land Value $10,100 | Improvement Value $53,900 | Tax Amount $108 | Change Rate | Assessed CR | Tax Rate +0.001688% |
| Year 2016 | Assessed Value $67,400 | Land Value $10,700 | Improvement Value $56,700 | Tax Amount $108 | Change Rate +0.5% | Assessed CR | Tax Rate +0.001602% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $72 | Change Rate +0.666667% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $57,000 | Land Value $10,700 | Improvement Value $46,300 | Tax Amount $43.2 | Change Rate | Assessed CR | Tax Rate +0.000758% |
| Year 2013 | Assessed Value $61,300 | Land Value $11,200 | Improvement Value $50,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |