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1200 Balsam Dr

Muncie, IN 47304

4 bd 4 ba 3,083 sqft Built 1965 Lot 16,275 sqft single_family
Most recent sale
$310,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 21, 2024 Sold $375,000 Public Record
May 23, 2024 Listed $399,998 IRMLS
Oct 28, 2022 Sold $334,900 IRMLS
Aug 26, 2022 Listed $334,900 MLS #202235670
Aug 24, 2022 Listed $334,900 MLS #21879125
Apr 11, 2022 Sold $310,000 Public Record
Apr 7, 2022 Sold $310,000 IRMLS
Mar 20, 2022 Relisted $290,000 MLS #202206853
Mar 12, 2022 Relisted $290,000 MLS #202206853
Mar 4, 2022 Listed $290,000 MLS #202206853

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $251,600 $25,000 $276,600 $2,799
2022 $201,200 $22,700 $223,900 $2,273
2021 $174,000 $21,900 $195,900 $3,951
2020 $162,600 $19,900 $182,500 $3,684
2019 $149,200 $19,900 $169,100 $3,416
2018 $144,900 $19,900 $164,800 $3,330
2017 $139,400 $18,900 $158,300 $3,200
2016 $137,900 $18,900 $156,800 $3,170
2015 $145,000 $18,000 $163,000 $3,294
2014 $136,600 $18,000 $154,600 $3,092
2013 $129,800 $18,000 $147,800 $4,057
2012 $129,600 $18,000 $147,600 $4,041
2011 $130,700 $16,800 $147,500 $1,859
2010 $123,400 $16,800 $140,200 $1,450
2009 $127,200 $17,800 $145,000 $1,393

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,083 sqft
Lot size
16,275 sqft
ZIP code
47304
City
Muncie
Street
Balsam Dr
Coordinates
40.20280, -85.48672

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,860
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1200 Balsam Dr last sell?
1200 Balsam Dr most recently sold on Apr 11, 2022 for $310,000.
What is the current tax assessment for 1200 Balsam Dr?
The most recent total assessment for 1200 Balsam Dr (year 2024) is $276,600 with $2,799 in property tax.
How does 1200 Balsam Dr's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $310,000.
When was 1200 Balsam Dr built?
1200 Balsam Dr was built in 1965.
How does 1200 Balsam Dr compare to others on Balsam Dr?
We track 8 other properties on Balsam Dr. Browse the list under "Other properties on Balsam Dr" to compare beds, baths, and sale history.
What are the property facts for 1200 Balsam Dr?
1200 Balsam Dr is a 4 bed, 4 bath, 3,083 sqft, 16,275 sqft lot single_family.
Is 1200 Balsam Dr a flip candidate?
No — 1200 Balsam Dr does not appear in our flips dataset.
Is 1200 Balsam Dr a tax-appeal candidate?
No — 1200 Balsam Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.7%
Implied 1-yr
-34.8%
2026 Q3
$104.4K
2026 Q4
$83.6K
ZIP 47304 — Median Price History + Forecast

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