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5604 Fernwood Way

Muncie, IN 47304

3 bd 3 ba 1,947 sqft Built 1994 Lot 8,276 sqft single_family
Most recent sale
$200,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $200,000 Public Record
Jul 11, 2022 Sold $200,000 IRMLS
May 12, 2022 Listed $184,500 MLS #202217702
Nov 24, 2009 Sold $84,294 Public Record
Oct 18, 2009 Listing removed $84,900 Muncie
Oct 2, 2009 Listed $84,900 MLS #39687
Mar 17, 2009 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $145,000 $16,100 $161,100 $1,728
2022 $122,200 $16,100 $138,300 $1,501
2021 $101,300 $17,100 $118,400 $1,302
2020 $98,300 $15,600 $113,900 $1,257
2019 $98,900 $14,100 $113,000 $1,247
2018 $89,900 $14,100 $104,000 $1,158
2017 $83,100 $13,500 $96,600 $1,167
2016 $80,700 $13,500 $94,200 $1,083
2015 $80,600 $13,500 $94,100 $1,023
2014 $80,600 $13,500 $94,100 $941
2013 $82,900 $13,500 $96,400 $1,416
2012 $82,900 $13,900 $96,800 $1,426
2011 $71,800 $12,100 $83,900 $833
2010 $71,800 $12,100 $83,900 $763

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,947 sqft
Lot size
8,276 sqft
ZIP code
47304
City
Muncie
Street
Fernwood Way
Coordinates
40.20662, -85.45137

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5604 Fernwood Way last sell?
5604 Fernwood Way most recently sold on Jul 18, 2022 for $200,000.
What is the current tax assessment for 5604 Fernwood Way?
The most recent total assessment for 5604 Fernwood Way (year 2024) is $161,100 with $1,728 in property tax.
How does 5604 Fernwood Way's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $200,000.
When was 5604 Fernwood Way built?
5604 Fernwood Way was built in 1994.
How does 5604 Fernwood Way compare to others on Fernwood Way?
We track 6 other properties on Fernwood Way. Browse the list under "Other properties on Fernwood Way" to compare beds, baths, and sale history.
What are the property facts for 5604 Fernwood Way?
5604 Fernwood Way is a 3 bed, 3 bath, 1,947 sqft, 8,276 sqft lot single_family.
Is 5604 Fernwood Way a flip candidate?
No — 5604 Fernwood Way does not appear in our flips dataset.
Is 5604 Fernwood Way a tax-appeal candidate?
No — 5604 Fernwood Way 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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