RealtyBid - Details for Property - 1500 W Purdue Ave, Muncie, IN 47304
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1500 W Purdue Ave

Delaware County, Muncie, IN 47304
This auction has been postponed until 05/10/2023.
Property ID 732962
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Details

  • 3 Bedrooms
  • 1 Full Baths
  • 1 Half Baths
  • 1480 Sq Ft
  • Built in 1957
  • 1 Car Garage
  • Gas Heat
  • 8276 Sq Ft Lot

Notes and Disclaimers

  • PROPERTY MAY BE OCCUPIED

    Please note that it is unlawful to trespass on this property. Do not disturb tenant.

Contingencies/Terms Offered

RBI is providing this information as a marketing service only and will not be conducting the foreclosure sale.

One-Year Forecast

Property - 2.93%
ZIP - 2.80%
Metro - 3.78%

Property Insights

House Ranking: 4

65% of houses appreciate more than 0.30% in this ZIP Code

67% of houses are forecast to depreciate more than 2.93% in this ZIP Code

Historical Growth

  Last Year 10 Year
Property + 0.30% + 65.18%
ZIP - 0.66% +66.65%
Metro - 0.44% +69.58%

Index Tools - Valuation Changes

Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

 
Property Changes
 
ZIP Code Changes
 
Metro Changes

View Market Changes By House Using Dynamic Heat Maps

Our heat maps illustrate historic and predicted value trends in the property's ZIP Code area and metro area. Heat maps reveal and forewarn of trends in markets, often showing waves of value changes moving across a geographic area. Each dot represents a home, and its color indicates whether the home is appreciating or depreciating at the time indicated on the map, with green indicating appreciation and red indicating depreciation.

Click the Play button to watch trends unfold over time and into the future.

ZIP Code Area

Metro Area

ValPro - Property Value and Comps

Use interactive ValPro to create your own comps to:
  • understand value of your property and comp properties
  • select and save multiple comps
  • see features that improve or lower value
  • map distance to your property
  • pull maps at street, neighborhood and satellite levels
  • compare Similarity Scores

Properties in color below indicate comps selected.
- Click on a black circle below to add it as a selected comp.
- Click on a colored circle below to remove it as a selected comp.

The confidence score listed below will range between 50 and 100. This calculation is based on how similar the selected comps are to the subject property. The higher the score, the higher the confidence in the estimated valuation.

ZIP Market Segments Analysis

The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



Tier 1
1,364 Sq Ft and less
Tier 2
1,364 - 1,846 Sq Ft
Tier 3
1,846 - 2,438 Sq Ft
Tier 4
2,438 Sq Ft and greater


Tier Comparison By Value Tier

The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

 
 
Last Year Change
 
Forecast
 

Last Year 1-Year Forecast % Rising
Tier 1 + 4.41% - 2.72% + 0.00%
Tier 2 + 4.48% - 2.79% + 0.00%
Tier 3 + 4.54% - 2.82% + 0.00%
Tier 4 + 4.62% - 2.99% + 0.00%

Percentage Of Homes Rising By Value Tier

The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

Fix and Flip

Estimated Value Analysis Using Comparable Flipped Properties

This tool estimates the post-repair value for the subject property based on an analysis of properties with similar characteristics that have been recently been bought, repaired and re-sold.

Square Footage Bedrooms Bathrooms Lot Size Year Built After Repair Value
Median of Fixed & Sold Comps 1,613 3 2 14,148 Sq Ft 1962 $166,250
1500 W PURDUE AVE MUNCIE IN 47304 1,272 3 1 8,280 Sq Ft 1957
Difference Smaller Same amount of Bedrooms Less Bathrooms Smaller Lot Older
Estimated Value using Flips $180,000

Comparables

Comps Used Distance Bedrooms Baths Square Footage Lot Size Year Built First Sale Date First Sale Value Second Sale Date Second Sale Value Valuation
1717 W 10TH ST ANDERSON IN 46016 33.3 miles 2 2 1,660 Sq Ft 5,184 Sq Ft 1937 2/23/2022 $ 45,000 5/9/2022 $142,000 $152,000
1727 OAKWOOD DR ANDERSON IN 46011 33.3 miles 3 3 1,826 Sq Ft 11,900 Sq Ft 1972 11/8/2021 $205,000 1/19/2022 $210,500 $231,000
1704 GREENWOOD DR ANDERSON IN 46011 33.3 miles 3 2 1,212 Sq Ft 9,600 Sq Ft 1993 8/3/2021 $132,000 8/6/2021 $158,000 $179,000
1702 ARROW AVE ANDERSON IN 46016 33.2 miles 3 1 1,322 Sq Ft 6,600 Sq Ft 1914 4/28/2022 $ 91,500 12/9/2022 $127,074 $144,000
1618 W 17TH ST ANDERSON IN 46016 33.1 miles 2 1 870 Sq Ft 5,900 Sq Ft 1945 12/6/2021 $ 23,500 5/20/2022 $ 80,000 $102,000
805 OAKDALE DR ANDERSON IN 46011 33.1 miles 4 3 3,072 Sq Ft 29,584 Sq Ft 1970 11/16/2020 $281,600 6/3/2021 $250,900 $273,000
6216 ROCKY RD ANDERSON IN 46013 32.6 miles 3 3 2,372 Sq Ft 11,610 Sq Ft 2002 9/22/2021 $256,000 5/2/2022 $324,200 $277,000
608 ERNIE LU AVE ANDERSON IN 46013 31.6 miles 3 2 1,391 Sq Ft 19,500 Sq Ft 1966 7/19/2021 $148,800 10/26/2021 $215,900 $203,000
11 ORLEANS AVE ANDERSON IN 46013 30.8 miles 3 2 1,125 Sq Ft 13,300 Sq Ft 1964 9/23/2021 $ 86,000 12/1/2021 $196,900 $200,000
321 E 39TH ST ANDERSON IN 46013 30.2 miles 2 1 875 Sq Ft 5,952 Sq Ft 1946 12/8/2021 $ 62,500 8/24/2022 $ 96,900 $109,000
328 E 36TH ST ANDERSON IN 46013 30.2 miles 1 2 1,242 Sq Ft 4,920 Sq Ft 1946 5/20/2022 $ 47,000 11/28/2022 $147,400 $105,000
4745 N STATE ROAD 9 ANDERSON IN 46012 30 miles 2 1 884 Sq Ft 108,508 Sq Ft 1950 12/16/2020 $173,400 10/25/2021 $150,000 $166,000
5016 N STATE ROAD 9 ANDERSON IN 46012 29.8 miles 3 1 1,648 Sq Ft 16,379 Sq Ft 1952 5/12/2022 $ 92,000 11/7/2022 $268,505 $185,000
423 E 300 N ANDERSON IN 46012 29.5 miles 3 2 1,589 Sq Ft 41,100 Sq Ft 1940 1/13/2022 $ 80,940 8/16/2022 $249,000 $268,000
5933 N OLIVIA DR ALEXANDRIA IN 46001 29 miles 3 3 2,006 Sq Ft 16,830 Sq Ft 1967 9/11/2020 $147,800 6/4/2021 $197,700 $193,000
1021 RANIKE DR ANDERSON IN 46012 28.6 miles 3 2 1,566 Sq Ft 18,975 Sq Ft 1968 8/9/2022 $172,900 10/6/2022 $190,000 $188,000
939 W POST RD ANDERSON IN 46012 28.2 miles 3 3 1,936 Sq Ft 14,500 Sq Ft 1962 8/10/2021 $167,400 1/25/2022 $230,763 $200,000
1830 ALLEN LN ANDERSON IN 46012 27.7 miles 4 3 2,124 Sq Ft 22,550 Sq Ft 1974 10/13/2020 $110,000 3/10/2021 $180,000 $243,000
2814 MARSHA DR ANDERSON IN 46012 26.8 miles 3 2 1,797 Sq Ft 13,685 Sq Ft 1965 4/6/2021 $143,500 12/17/2021 $176,100 $186,000
3012 SPRING DR ANDERSON IN 46012 26 miles 3 2 2,052 Sq Ft 14,763 Sq Ft 1972 11/25/2020 $195,900 10/4/2021 $149,900 $228,000
3563 E 300 N ANDERSON IN 46012 22.3 miles 3 2 1,659 Sq Ft 16,945 Sq Ft 1970 12/30/2020 $203,100 8/30/2021 $231,600 $220,000
118 N 8TH ST MIDDLETOWN IN 47356 15 miles 1 1 1,002 Sq Ft 6,098 Sq Ft 1940 11/12/2021 $ 45,000 3/23/2022 $106,900 $151,000
405 E MORGAN ST KNIGHTSTOWN IN 46148 13.7 miles 2 1 780 Sq Ft 5,663 Sq Ft 1955 10/13/2020 $104,200 10/1/2021 $121,100 $136,000
8261 N SCHINDEL RD ALBANY IN 47320 12.7 miles 3 2 1,853 Sq Ft 43,560 Sq Ft 1971 11/4/2020 $160,000 4/7/2021 $165,200 $211,000
6412 W COUNTY ROAD 350 S KNIGHTSTOWN IN 46148 12.2 miles 3 2 2,112 Sq Ft 43,996 Sq Ft 1968 4/20/2021 $100,861 2/11/2022 $285,000 $225,000
8350 S FLORAL AVE KNIGHTSTOWN IN 46148 10.4 miles 3 2 2,370 Sq Ft 25,700 Sq Ft 1995 8/25/2020 $276,500 3/9/2021 $234,900 $322,000
7801 N COUNTY ROAD 320 E ALBANY IN 47320 8.3 miles 3 2 1,600 Sq Ft 222,592 Sq Ft 1973 9/30/2020 $264,200 6/23/2021 $314,700 $250,000
3014 S BURLINGTON DR MUNCIE IN 47302 6.8 miles 2 2 1,428 Sq Ft 30,928 Sq Ft 1954 10/22/2020 $218,900 5/25/2021 $287,500 $186,000
6704 N APPLE LN MUNCIE IN 47303 6.1 miles 3 1 2,020 Sq Ft 12,750 Sq Ft 1959 3/3/2021 $ 75,075 10/27/2021 $213,000 $190,000
3508 N BURGESS RD MUNCIE IN 47304 5.9 miles 3 2 1,248 Sq Ft 25,000 Sq Ft 1971 9/16/2020 $154,100 6/30/2021 $135,100 $161,000
1700 S JERSEY AVE MUNCIE IN 47302 5.3 miles 3 1 1,406 Sq Ft 6,768 Sq Ft 1947 6/3/2021 $ 29,000 10/5/2021 $229,700 $ 88,000
716 N 14TH ST NEW CASTLE IN 47362 4.7 miles 3 1 1,616 Sq Ft 17,119 Sq Ft 1900 6/7/2022 $ 38,000 10/26/2022 $120,000 $142,000
1219 THORNBURG ST NEW CASTLE IN 47362 4.4 miles 4 1 1,900 Sq Ft 4,095 Sq Ft 1900 8/11/2021 $132,200 3/23/2022 $155,000 $142,000
1113 IVYWOOD CT NEW CASTLE IN 47362 4.4 miles 4 3 2,407 Sq Ft 15,507 Sq Ft 1977 3/2/2021 $220,300 6/30/2021 $287,400 $254,000
512 E COUNTY ROAD 300 S NEW CASTLE IN 47362 4.3 miles 3 1 1,075 Sq Ft 6,011 Sq Ft 1972 1/28/2022 $ 60,000 7/7/2022 $138,000 $139,000
116 N 8TH ST NEW CASTLE IN 47362 4 miles 2 2 1,232 Sq Ft 3,006 Sq Ft 1900 6/7/2022 $ 36,000 11/4/2022 $114,000 $ 93,000
4412 W PEACHTREE LN MUNCIE IN 47304 3.9 miles 3 1 1,386 Sq Ft 7,303 Sq Ft 1960 11/24/2021 $ 40,000 5/2/2022 $149,300 $150,000
630 E COUNTY ROAD 650 N SPRINGPORT IN 47386 3.8 miles 3 1 1,161 Sq Ft 113,692 Sq Ft 1900 12/29/2020 $181,100 5/27/2021 $125,000 $208,736
800 MELODY LN NEW CASTLE IN 47362 3.7 miles 3 4 2,112 Sq Ft 39,204 Sq Ft 1954 9/8/2020 $273,100 6/29/2021 $247,300 $280,000
5605 N VISTA VIEW DR MUNCIE IN 47304 3 miles 3 3 2,452 Sq Ft 10,300 Sq Ft 2004 9/22/2020 $208,100 7/14/2021 $156,300 $290,000
3008 W ETHEL AVE MUNCIE IN 47304 2.2 miles 3 2 1,604 Sq Ft 9,900 Sq Ft 2004 6/4/2020 $111,500 4/13/2021 $126,500 $159,000
2401 S MULBERRY ST MUNCIE IN 47302 2 miles 2 1 884 Sq Ft 4,040 Sq Ft 1925 2/28/2022 $562,500 5/19/2022 $120,000 $ 56,000
2700 W BERKSHIRE DR MUNCIE IN 47304 1.6 miles 4 3 4,291 Sq Ft 26,985 Sq Ft 1968 6/19/2020 $282,400 3/29/2021 $293,600 $388,000
3016 S HOYT AVE MUNCIE IN 47302 1.3 miles 2 1 1,610 Sq Ft 14,375 Sq Ft 1951 12/16/2021 $ 93,800 5/23/2022 $ 95,000 $115,000
3413 N MILTON ST MUNCIE IN 47304 1.1 miles 3 2 1,422 Sq Ft 9,300 Sq Ft 1962 6/11/2021 $ 65,100 1/3/2022 $136,800 $121,000
2001 W WOODMONT DR MUNCIE IN 47304 0.8 miles 4 1 2,574 Sq Ft 13,920 Sq Ft 1961 4/20/2020 $183,000 3/15/2021 $154,700 $219,000
8301 N COSTAMESA RD MUNCIE IN 47303 0.7 miles 0 2 2,296 Sq Ft 18,025 Sq Ft 1971 8/18/2021 $101,600 12/16/2021 $193,100 $209,000
3404 N VIRGINIA AVE MUNCIE IN 47304 0.4 miles 3 1 1,809 Sq Ft 10,500 Sq Ft 1955 3/15/2021 $112,500 7/27/2021 $139,300 $149,000
3713 N GLENWOOD AVE MUNCIE IN 47304 0.2 miles 3 2 1,316 Sq Ft 12,600 Sq Ft 1958 5/7/2021 $110,000 9/27/2021 $167,300 $ 87,000

This property is being sold at a public auction.

Trustee Sale Details

Auction date and time
Date May 10, 2023
Start Time 10:00 AM
Location

Bidding Instructions

All bidders must show proof of identity as well as proof of authority to purchase on behalf of a legal entity.

Property Disclosures

Contact

Customer Service *Contact Customer Service (877) 518-5700

Foreclosing Attorney

*The Wirbicki Law Group, LLC 312-360-9455
Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.