$599,900
$20K PRICE DROP

114 S Walnut St Unit 100 & 200 Muncie, IN 47305

Downtown Muncie Neighborhood

Estimated payment $3,409/month

Total Views 194,672
2 Beds
3 Baths
4,641 Sq Ft
$129 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Great Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Solid Surface Countertops
  • 1-minute walk to Delaware County Plaza Green & Veterans Memorial

About This Home

Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with 2 office spaces on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. Note, the residential part of this building is 2,982 SF, and the commercial space is 1,659 SF). This is 64% residential and 36% commercial. The leased first floor requires 24 hrs notice to show.

Listing Agent

Steve Slavin

Coldwell Banker Real Estate Group Brokerage Phone: 317-701-5006 Listed on: 04/25/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1890

Lot Details

  • 2,800 Sq Ft Lot
  • Level Lot
  • Property is zoned BC Community Business Zone

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wired For Data
  • Built-in Bookshelves
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Soaking Tub
  • Bathtub With Separate Shower Stall

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stone or Rock in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof
  • Energy-Efficient Thermostat

Location

  • Suburban Location

Schools

  • East Washington Academy Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-11-10-363-011.000-003
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 135
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 2
  • Legal Description: B D 21 HLF FT BLK 24 LOT 5
  • Parcel Number ID: 18-11-10-363-011.000-003
  • Platted: Yes
  • Amenities: Alarm System-Security, Built-In Bookcase, Built-In Home Theatre, Cable Available, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Kitchen Island, Range/Oven Hk Up Gas/Elec, Twin Sink Vanity, Wet Bar, Wiring-Data, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Sump Pump, Washer Hook-Up, Custom Cabinetry
  • Cross Street: Main Street
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 6741
  • Total Finished Sq Ft: 4641
  • Above Grade Finished Sq Ft: 4641
  • Below Grade Sq Ft: 2100
  • Price Per Sq Ft: 129.26
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete, Stone
  • Flooring: Tile, Vinyl
  • Living Great Room: Dimensions: 19x18, On Level: Upper
  • Kitchen: Dimensions: 19x11, On Level: Upper
  • Den: Dimensions: 12x11, On Level: Lower
  • Extra Room: Workout Room, Dimensions: 15x9, On Level: Lower
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Other Room1: Upper Rooftop Deck, Dimensions: 20x10, On Level: Upper
  • Other Room 2: Bar Area, Dimensions: 10x7, On Level: Upper
  • Other Room 3: Lower Entry, Dimensions: 26x10, On Level: Lower
  • Main Level Sq Ft: 2541
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2100

Exterior Features

  • Exterior: Brick
  • Roof Material: Rubber
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast/Xfinity, AT&T
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Upperx7, On Level: 8

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Muncie Community Schools
  • Elementary School: East Washington Academy
  • Middle School: Northside
  • High School: Central
  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: zero
  • Estimated Lot Sq Ft: 2800
  • Estimated Lot Size Acres: 0.065

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Insulation, Roofing, Thermostat/Controllers, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 2738
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,738 $146,700 $29,600 $117,100
2023 $2,738 $146,700 $29,600 $117,100
2022 $4,746 $154,600 $31,100 $123,500
2021 $3,762 $121,800 $31,100 $90,700
2020 $3,762 $121,800 $31,100 $90,700
2019 $3,762 $121,800 $31,100 $90,700
2018 $3,762 $121,800 $31,100 $90,700
2017 $3,681 $119,100 $31,100 $88,000
2016 $3,513 $113,500 $29,600 $83,900
2014 $3,712 $121,700 $29,600 $92,100
2013 -- $120,700 $29,600 $91,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $599,900 -1.7% $129 / Sq Ft
05/08/2025 05/08/25 Price Changed $610,000 -1.6% $131 / Sq Ft
04/25/2025 04/25/25 For Sale $620,000 -- $134 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,403 New Conventional
Source: Public Records

About the Listing Agent

Steve Slavin

Coldwell Banker Real Estate Group

(765) 981-6435

Section Image

Steve is a native of Muncie and a graduate of Indiana University with a BA in Economics. He earned his real estate license in 1995 and was a home builder/developer in Henry County. Steve is now a full-time residential realtor® in Muncie. His mother is Linda Needham, now retired in 2014 from 33 years at Coldwell Banker Lunsford. Steve earned the prestigious Coldwell Banker International President’s Premier award in 2015-2024, the highest award from Coldwell Banker, for his superior service to

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    Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic

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  • 3505 W Pettigrew Dr, Muncie, IN 47304

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Source: Indiana Regional MLS

MLS Number: 202514498

Indiana Regional MLS

APN: 18-11-10-363-011.000-003