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Cowan Home for Sale

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    $293,000

    • 3 Beds
    • 2 Baths
    • 1,660 Sq Ft

    700 W Michelle Ct, Muncie, IN 47302

    Mini Horse Farm! Move in ready one story home, 3 BR, 2 Baths. Open concept with wood burning stove in LR-DR combo, replacement windows with laminate and hardwood floors. Huge utility room with lots of storage. Two solar panels that keeps your electric bill low. Horse barn with 3 stalls & rubber matts, open arena, electricity, heated water hose and an extra stall for hay storage, 2 white

    Gwen Montgomery RE/MAX Real Estate Groups

    700 W Michelle Ct, Muncie, IN 47302

Why Live in Cowan

Tucked between fields of grain, Cowan is a small Delaware County community that offers a slower pace of life than the hubbub of nearby Muncie. Residents trade proximity to shops and restaurants for spacious lots, rural landscapes and abundant ...

Frequently Asked Questions

Is Cowan a good place to live?
Cowan is a good place to live. Cowan is considered very car-dependent and somewhat bikeable. Cowan is a rural neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Cowan has 5 parks for recreational activities. It has a median age of 45. The average household income is $88,226 which is below the national average. College graduates make up 25.6% of residents. A majority of residents in Cowan are home owners, with 11.5% of residents renting and 88.5% of residents owning their home. A local real estate agent serving Cowan can help you decide if this neighborhood is the right one for you. Learn more on our Cowan neighborhood guide.
Is Cowan, IN a safe neighborhood?
Cowan, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Cowan?
The median home price in Cowan is $285,000. If you put a 20% down payment of $57,000 and had a 30-year fixed mortgage with an interest rate of 6.16%, your estimated principal and interest payment would be $1,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $60K a year to afford the median home price in Cowan. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Cowan is $88K.
What are the best public schools in Cowan?
The best public schools that serve Cowan are:
What are the most popular zip codes in Cowan, Muncie, IN?
The most popular zip codes in Cowan, Muncie, IN include 47302, 47356, 47386, 47334 and 47304.
What are the most popular neighborhoods near Cowan, Muncie, IN?
The most popular neighborhoods near Cowan, Muncie, IN are Southside, Thomas Park-Avondale, Forest Park, South Central and Industry.
Are home prices dropping in Cowan?
Yes, home prices in Cowan are down 3% in the last 12 months.

Home Trends in Cowan, IN

Housing Trends

Median Sale Price
$172,500
Median Single Family Sale Price
$176,500
Average Price Per Sq Ft
$107
Number of Homes for Sale
1
Last 12 months Home Sales
2
Months of Supply
6.00
Median List Price
$285,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-3%
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