Lot 40 Preserve Ln Muncie, IN 47304

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$7,500 Estimated monthly payments: $38/mo.* (recalculate)
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Courtesy Of Coldwell Banker Lunsford

Property Description


Residential Lot

What a great opportunity to buy a lot in the Carrington Condos Community! Not too long ago, lots have been marketed around $25,000 and now you can buy one for only $7,500! In fact, if you want to buy all 11 of the initial lots listed you'd pay only $79,900. Anyone building would have to build to the covenants and restrictions specifications and any new condo would look like the others. There are 3 condo floor plans to choose from, but the Home Owner's Association is open to subtle changes. Buy 2 lots and you could easily put a 3 car garage. Current owners can buy land next to them to give them extra space between lots. The HOA is now being legally re-formed and will be run by condo owners (not the developer) -- owners should be excited about the stability and transparency of this new HOA! Developers -- this is a great opportunity to buy land at wholesale now as you plan for future retail sales. Grab a lot while you can as this is a very popular community! [Note: lots are bank owned (bank is fro m our community -- quick close possible). Seller to convey property by Special Warranty Deed. Taxes and Legal Descriptions are to be determined - part of a larger parcel. Owners own the land the building would sit on. All other surrounding landscaped land is considered common ground.]
MLS #:  201440026

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  • Style: Other Style

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Schools for
Lot 40 Preserve Ln, Muncie, IN 47304
Elementary School
N/A
Middle School
N/A
High School
Grades 9-12 | Public School
MUNCIE, IN 47303
3400 E STATE ROAD 28
765-288-5597
Distance: 4.4 mi
GreatSchools Rating
6
Parent Rating
5
Student:Teacher Ratio
17:1
Total Students
844
Other Nearby Schools Distance Type Grades GreatSchools Rating Parent Rating
Mitchell Elementary School 1.3 mi Public K-5 2 5
Apple Tree Child Development Cntr 1.7 mi Private PRESCHOOL-K 0 0
North View Elementary School 1.8 mi Public K-5 2-5 4
Northside Middle School 2.2 mi Public 6-8 1 3
Storer Elementary School 2.5 mi Public PRESCHOOL-5 2-5 4
Royerton Elementary School 2.7 mi Public K-5 4-5 5
First Presbyterian Prekndgn School 3.1 mi Private PRESCHOOL-PRESCHOOL 0 0
Hazelwood Christian Preschool 3.3 mi Private PRESCHOOL-PRESCHOOL 0 0
Saint Mary School 3.4 mi Catholic PRESCHOOL-8 3-5 4
West View Elementary School 3.4 mi Public K-5 2-5 4
Muncie Central High School 3.4 mi Public 9-12 2 3
Muncie Area Career Center 3.4 mi Public PRESCHOOL-12 0 0
Wee Wisdom Nursery School 3.6 mi Private PRESCHOOL-K 0 0
Longfellow Elementary School 3.7 mi Public K-5 1 3
Friends Preschool 3.9 mi Private PRESCHOOL-PRESCHOOL 0 0
East Washington Academy 4.1 mi Public K-5 2 0
Youth Opportunity Center 4.4 mi Public 3-12 0 1
Delta Middle School 4.5 mi Public 6-8 3 5
Heritage Hall Christian School 4.5 mi Private PRESCHOOL-12 0 4
Sources: Maponics, LLC, GreatSchools.org and Onboard Informatics 2014. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data for Muncie, IN 47304
  • Median Age: 37.69
  • Married: 38%
  • Number of Households: 13080
  • Households with Children: 2973
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Muncie, IN 47304

      Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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      | 124 North Baldwin Avenue
      | Marion, IN 46952
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