$50,000

Estimated payment $375/month

3 Beds
2 Baths
1,876 Sq Ft
$27 Price per Sq Ft

Highlights

  • Wood Flooring
  • Fenced Yard
  • Forced Air Heating System
  • Covered Patio or Porch

About This Home

Calling all investors and rehab enthusiasts! Here’s your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value.Whether you’re an experienced investor or searching for your next renovation project. Bring your contractor, your creativity, and your plans—this property is ready for its next chapter. Sold As-Is.

Listing Agent

James Meredith

NextHome Elite Real Estate Brokerage Phone: 765-808-4973 Listed on: 07/10/2026

NextHome Elite Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42x120
  • Fenced Yard
  • Sloped Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-11-15-303-021.000-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1898
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SWAIN SUB LOT 3
  • Parcel Number ID: 18-11-15-303-021.000-003
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 3248
  • Total Finished Sq Ft: 1876
  • Above Grade Finished Sq Ft: 1876
  • Above Grade Unfinished Sq Ft: 504
  • Below Grade Sq Ft: 868
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Laminate, Wood
  • Total Below Grade Sq Ft: 868
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 42x120
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,250 $57,100 $5,300 $51,800
2024 $978 $42,900 $5,300 $37,600
2023 $824 $35,800 $4,400 $31,400
2022 $774 $33,300 $4,400 $28,900
2021 $648 $27,000 $2,900 $24,100
2020 $686 $28,900 $4,800 $24,100
2019 $686 $28,900 $4,800 $24,100
2018 $738 $28,800 $4,800 $24,000
2017 $694 $29,300 $5,300 $24,000
2016 $694 $29,300 $5,300 $24,000
2014 $725 $34,100 $6,600 $27,500
2013 -- $33,800 $6,600 $27,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 For Sale $50,000 +809.1% $27 / Sq Ft
02/12/2016 02/12/16 Sold $5,500 -6.8% $4 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
12/28/2015 12/28/15 Price Changed $5,900 -25.3% $4 / Sq Ft
11/30/2015 11/30/15 Price Changed $7,900 -11.2% $6 / Sq Ft
11/06/2015 11/06/15 Price Changed $8,900 0.0% $6 / Sq Ft
11/06/2015 11/06/15 For Sale $8,900 +61.8% $6 / Sq Ft
11/02/2015 11/02/15 Off Market $5,500 -- --
08/03/2015 08/03/15 For Sale $14,900 -- $11 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Sheriffs Deed $6,000 --
Sheriffs Deed -- --
Special Warranty Deed -- Homequest Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $18,905 New Conventional
Source: Public Records

About the Listing Agent

James Meredith

NextHome Elite Real Estate

(765) 415-4524

Section Image

As a lifelong Delaware County resident, I’m deeply connected to our community and enjoy raising my family here. With a solid foundation in real estate investment, I offer a strategic, insightful approach to every transaction. My goal is to empower clients with knowledge, ensuring they feel confident and well-informed at every step. Real estate is more than just numbers to me—I’m passionate about helping people find homes that perfectly align with their lifestyle and aspirations. Whether you’re

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Source: Indiana Regional MLS

MLS Number: 202627555

Indiana Regional MLS

APN: 18-11-15-303-021.000-003

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