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509 S Varsity Ave; Muncie, IN Property Details

509 S Varsity Ave, Muncie, IN is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 509 S Varsity Ave has 3 bedrooms, and 1 bathroom, and a total of 1,124 square feet. The lot size of 509 S Varsity Ave is 7,200 square feet.

Off market
509 S Varsity Ave Muncie, IN 47304
$102,125 Listing Price
3 Beds
1 Baths
1,124 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $102,100
  • Open Loans / Balance: 2 / $107,571
  • Est. Equity / %: $71,429 / 39.9%
  • Gross Yield: 9.044%
  • APN: 18-11-17-108-008.000-003
  • Situs County: Delaware
  • Length Of Ownership: 6 years, 7 months

Rooms

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

Structure

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

Measurements

  • Total: 1,124/SqFt
  • Lot: 7,200/SqFt
  • Garage: 280/SqFt
  • Living: 1,124/SqFt
  • Building: 1,124/SqFt
  • Ground: 1,124/SqFt
  • Price Per Square Foot: $90.84

Legal Description

  • Description: COLLEGE SQUARE LOT 8
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: 40.189995 / -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
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

Ownership Info

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

Taxes

509 S Varsity Ave has 10 associated Taxes items

509 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 $124,500. The APN we've located for 509 S Varsity Ave is 18-11-17-108-008.000-003.

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Taxes
  • Assessed Value:  $124,500
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-17-108-008.000-003
  • Assessed Land Value:  14300
  • Market Land Value:  14300
  • Tax Amount:  1228.5
  • Tax Year:  2025
  • Market Value:  124500
  • Market Year:  2025

Tax History

509 S Varsity Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $124,500 Land Value $14,300 Improvement Value $110,200 Tax Amount $1,228.5 Change Rate +0.104786% Assessed CR Tax Rate +0.009867%
Year 2024 Assessed Value $100,400 Land Value $14,300 Improvement Value $86,100 Tax Amount $1,111.98 Change Rate +0.007228% Assessed CR Tax Rate +0.011075%
Year 2023 Assessed Value $99,600 Land Value $13,000 Improvement Value $86,600 Tax Amount $1,104 Change Rate +0.283721% Assessed CR Tax Rate +0.011084%
Year 2022 Assessed Value $86,000 Land Value $13,000 Improvement Value $73,000 Tax Amount $860 Change Rate +0.075% Assessed CR Tax Rate +0.01%
Year 2021 Assessed Value $69,200 Land Value $11,000 Improvement Value $58,200 Tax Amount $800 Change Rate +0.010127% Assessed CR Tax Rate +0.011561%
Year 2020 Assessed Value $68,400 Land Value $10,000 Improvement Value $58,400 Tax Amount $791.98 Change Rate +0.339841% Assessed CR Tax Rate +0.011579%
Year 2019 Assessed Value $50,200 Land Value $9,100 Improvement Value $41,100 Tax Amount $591.1 Change Rate +0.010117% Assessed CR Tax Rate +0.011775%
Year 2018 Assessed Value $52,400 Land Value $9,600 Improvement Value $42,800 Tax Amount $585.18 Change Rate +0.012948% Assessed CR Tax Rate +0.011168%
Year 2017 Assessed Value $52,100 Land Value $10,100 Improvement Value $42,000 Tax Amount $577.7 Change Rate -0.466081% Assessed CR Tax Rate +0.011088%
Year 2016 Assessed Value $54,900 Land Value $10,700 Improvement Value $44,200 Tax Amount $1,082 Change Rate -0.062392% Assessed CR Tax Rate +0.019709%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,154 Change Rate +0.044155% Assessed CR Tax Rate
Year 2014 Assessed Value $53,100 Land Value $10,700 Improvement Value $42,400 Tax Amount $1,105.2 Change Rate Assessed CR Tax Rate +0.020814%
Year 2013 Assessed Value $34,400 Land Value $11,200 Improvement Value $23,200 Tax Amount Change Rate Assessed CR Tax Rate