This Large 4-bed (w/ possible 5th), 2-bath handyman special in Muncie is being sold with Owner Financing with NO CREDIT CHECK for only $2,000 down and $825/month
If you can put more down, your payment will be lower.
2-Story, 1818 SqFt, 4-bed, 2-bath house in Muncie. Walking distance to Heekin Park, an 8-minute drive to Ball State University, and 12 minutes to Delaware County Regional Airport.
This house was previously a 2-unit and has been mostly converted back to a single family house. Some parts of the 2nd floor kitchen are still there, but once removed, this could be a 5 bedroom home.
There is plenty to do so bring your tool belt: several boarded up windows on the 2nd floor will need repaired or replaced. A drop ceiling has fallen down about a foot. The exterior deck is not safe to walk on. A busted toilet will need replaced. The furnace is old - operation unknown. UPDATE: we are in the process of upgrading the electrical service and installing a 200amp panel (to remove the existing 60 amp fuse panel). The rest of the house will need to be re-wired.
The property still has some of the former occupant's belongings and will need to be cleaned out.
Currently the electric is OFF, the water is OFF and the heat is OFF.
Here are a few photos of the interior...
This property is being sold on a Land Contract for $82,000 (estimated after-repair value is $115,000) with $2,000 down and $825 a month for 30 years at 11.1% interest. This payment includes taxes and will never change.
There are NO pre-payment penalties, NO balloon payments, and NO adjustable rates. The only way you will ever lose your home is if you don't make your payments.
GENERAL DISCLAIMER: Info deemed reliable but not guaranteed. Always inspect the property before buying. All properties are sold "AS-IS" and may require some repairs, potentially major, before they can be occupied. Buyer agrees to pay the cost of all repairs and maintenance.
If this looks like something you might be interested in and you would like to see MORE PHOTOS and some VIDEOS, please fill out both web forms.
(Due to state mandated cutoff times, if this form is filled out after 9pm and before 8:55am, the system generated acknowledgement text will not be sent until 9am)