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508 S Varsity Ave; Muncie, IN Property Details

508 S Varsity Ave, Muncie, IN is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 508 S Varsity Ave has 2 bedrooms, and 1 bathroom, and a total of 768 square feet. The lot size of 508 S Varsity Ave is 7,200 square feet.

Off market
508 S Varsity Ave Muncie, IN 47304
$83,200 Estimated Value
2 Beds
1 Baths
768 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1953
  • Est. Equity / %: $123,000 / 100%
  • Gross Yield: 8.517%
  • APN: 18-11-17-109-003.000-003
  • Situs County: Delaware
  • Length Of Ownership: 19 years, 8 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: 768/SqFt
  • Lot: 7,200/SqFt
  • Garage: 308/SqFt
  • Living: 768/SqFt
  • Building: 768/SqFt
  • Ground: 768/SqFt

Legal Description

  • Description: COLLEGE SQUARE 0.0000ACRES STR: 172010 IN: 13 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: 40.18998 / -85.42008
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4455
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

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

Taxes

508 S Varsity Ave has 10 associated Taxes items

508 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 $83,200. The APN we've located for 508 S Varsity Ave is 18-11-17-109-003.000-003.

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Taxes
  • Assessed Value:  $83,200
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-17-109-003.000-003
  • Assessed Land Value:  14300
  • Market Land Value:  14300
  • Tax Amount:  1772
  • Tax Year:  2025
  • Market Value:  83200
  • Market Year:  2025

Tax History

508 S Varsity Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,200 Land Value $14,300 Improvement Value $68,900 Tax Amount $1,772 Change Rate +0.197297% Assessed CR Tax Rate +0.021298%
Year 2024 Assessed Value $68,600 Land Value $14,300 Improvement Value $54,300 Tax Amount $1,480 Change Rate -0.026316% Assessed CR Tax Rate +0.021574%
Year 2023 Assessed Value $70,600 Land Value $13,000 Improvement Value $57,600 Tax Amount $1,520 Change Rate +0.235792% Assessed CR Tax Rate +0.02153%
Year 2022 Assessed Value $61,500 Land Value $13,000 Improvement Value $48,500 Tax Amount $1,229.98 Change Rate +0.114133% Assessed CR Tax Rate +0.02%
Year 2021 Assessed Value $49,800 Land Value $11,000 Improvement Value $38,800 Tax Amount $1,103.98 Change Rate +0.053436% Assessed CR Tax Rate +0.022168%
Year 2020 Assessed Value $47,000 Land Value $10,000 Improvement Value $37,000 Tax Amount $1,047.98 Change Rate +0.089376% Assessed CR Tax Rate +0.022297%
Year 2019 Assessed Value $42,700 Land Value $9,100 Improvement Value $33,600 Tax Amount $962 Change Rate -0.038% Assessed CR Tax Rate +0.022529%
Year 2018 Assessed Value $44,600 Land Value $9,600 Improvement Value $35,000 Tax Amount $1,000 Change Rate -0.003984% Assessed CR Tax Rate +0.022422%
Year 2017 Assessed Value $44,800 Land Value $10,100 Improvement Value $34,700 Tax Amount $1,004 Change Rate +0.125561% Assessed CR Tax Rate +0.022411%
Year 2016 Assessed Value $47,200 Land Value $10,700 Improvement Value $36,500 Tax Amount $892 Change Rate -0.074689% Assessed CR Tax Rate +0.018898%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $964 Change Rate +0.053345% Assessed CR Tax Rate
Year 2014 Assessed Value $43,600 Land Value $10,700 Improvement Value $32,900 Tax Amount $915.18 Change Rate Assessed CR Tax Rate +0.02099%
Year 2013 Assessed Value $46,800 Land Value $11,200 Improvement Value $35,600 Tax Amount Change Rate Assessed CR Tax Rate