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516 S Varsity Ave; Muncie, IN Property Details

516 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 516 S Varsity Ave has 2 bedrooms, and 1 bathroom, and a total of 1,464 square feet. The lot size of 516 S Varsity Ave is 7,200 square feet.

Off market
516 S Varsity Ave Muncie, IN 47304
$117,600 Estimated Value
2 Beds
1 Baths
1,464 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1954
  • Est. Equity / %: $145,000 / 100%
  • Inv. Liens / Amount: 1 / $228
  • Gross Yield: 10.146%
  • APN: 18-11-17-109-005.000-003
  • Situs County: Delaware
  • Length Of Ownership: 3 years, 7 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: 1,464/SqFt
  • Lot: 7,200/SqFt
  • Garage: 528/SqFt
  • Living: 1,464/SqFt
  • Building: 1,464/SqFt
  • Ground: 1,464/SqFt

Legal Description

  • Description: COLLEGE SQUARE 0.0000ACRES STR: 172010 IN: 11 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: 40.189674 / -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
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

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

Taxes

516 S Varsity Ave has 10 associated Taxes items

516 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 $117,600. The APN we've located for 516 S Varsity Ave is 18-11-17-109-005.000-003.

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Taxes
  • Assessed Value:  $117,600
  • Assessed Year:  2025
  • Assessed County:  Delaware
  • APN:  18-11-17-109-005.000-003
  • Assessed Land Value:  14300
  • Market Land Value:  14300
  • Tax Amount:  2460
  • Tax Year:  2025
  • Market Value:  117600
  • Market Year:  2025

Tax History

516 S Varsity Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $117,600 Land Value $14,300 Improvement Value $103,300 Tax Amount $2,460 Change Rate +0.174785% Assessed CR Tax Rate +0.020918%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,094 Change Rate +0.98303% Assessed CR Tax Rate
Year 2023 Assessed Value $93,800 Land Value $13,000 Improvement Value $80,800 Tax Amount $1,055.96 Change Rate +0.28936% Assessed CR Tax Rate +0.011258%
Year 2022 Assessed Value $81,100 Land Value $13,000 Improvement Value $68,100 Tax Amount $818.98 Change Rate +0.066408% Assessed CR Tax Rate +0.010098%
Year 2021 Assessed Value $65,200 Land Value $11,000 Improvement Value $54,200 Tax Amount $767.98 Change Rate +0.049182% Assessed CR Tax Rate +0.011779%
Year 2020 Assessed Value $61,600 Land Value $10,000 Improvement Value $51,600 Tax Amount $731.98 Change Rate +0.096468% Assessed CR Tax Rate +0.011883%
Year 2019 Assessed Value $55,900 Land Value $9,100 Improvement Value $46,800 Tax Amount $667.58 Change Rate +0.010321% Assessed CR Tax Rate +0.011942%
Year 2018 Assessed Value $58,400 Land Value $9,600 Improvement Value $48,800 Tax Amount $660.76 Change Rate +0.012318% Assessed CR Tax Rate +0.011314%
Year 2017 Assessed Value $58,100 Land Value $10,100 Improvement Value $48,000 Tax Amount $652.72 Change Rate +0.22095% Assessed CR Tax Rate +0.011234%
Year 2016 Assessed Value $61,200 Land Value $10,700 Improvement Value $50,500 Tax Amount $534.6 Change Rate -0.118694% Assessed CR Tax Rate +0.008735%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $606.6 Change Rate +0.007641% Assessed CR Tax Rate
Year 2014 Assessed Value $61,000 Land Value $10,700 Improvement Value $50,300 Tax Amount $602 Change Rate Assessed CR Tax Rate +0.009869%
Year 2013 Assessed Value $63,500 Land Value $11,200 Improvement Value $52,300 Tax Amount Change Rate Assessed CR Tax Rate