$120,000

Estimated payment $716/month

Total Views 783
3 Beds
1 Bath
1,040 Sq Ft
$115 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

Fully leased investment property! This property consists of two homes on one parcel. The main home is 1040 sf with 3 bedrooms, 1 bath, and an unfinished basement. The second home is approx 400 sf with 1 bedroom and 1 bath. The main home is rented for $999 and the lease is through 3/31/2027. The second home is rented for $675 and the lease is through 6/30/2027. Tenants pay all utilities. Electric and gas are paid directly by the tenants and property manager bills back the water and sewer to the tenants. This property makes great cash flow and is ready for you to add to your portfolio!

Listing Agent

Rebekah Hanna

NextHome Elite Real Estate Brokerage Phone: 765-760-4556 Listed on: 08/11/2026

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43x120
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 181115405018000003

Community Details

Overview

  • 2 Units
  • Galliher Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1924

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1924
  • Style: Detached
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PARK PLACE S ADD LOT 62
  • Parcel Number ID: 181115405018000003
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Sq Ft: 2080
  • Total Finished Sq Ft: 1040
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Sq Ft: 1040
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Main Level Sq Ft: 1040
  • Total Below Grade Sq Ft: 1040
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Off Street, Street

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.
  • Annual Insurance Expense: 904
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43x120
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12
  • Lot Number: 62

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 646

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 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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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 $646 $26,900 $3,300 $23,600
2024 $522 $20,700 $3,300 $17,400
2023 $544 $20,600 $2,700 $17,900
2022 $472 $17,200 $2,700 $14,500
2021 $471 $17,300 $4,200 $13,100
2020 $424 $15,100 $4,200 $10,900
2019 $415 $14,700 $4,200 $10,500
2018 $415 $14,700 $4,200 $10,500
2017 $453 $16,500 $4,600 $11,900
2016 $541 $20,700 $5,800 $14,900
2014 $551 $25,400 $5,800 $19,600
2013 -- $25,100 $5,800 $19,300
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
08/11/2026 08/11/26 For Sale $120,000 +60.0% $115 / Sq Ft
08/02/2023 08/02/23 Sold $75,000 -8.5% $69 / Sq Ft View Prior Sale
07/20/2023 07/20/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $82,000 0.0% $75 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $82,000 -10.9% $75 / Sq Ft
05/10/2023 05/10/23 Price Changed $92,000 -5.2% $84 / Sq Ft
04/22/2023 04/22/23 For Sale $97,000 -- $89 / 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 -- None Listed On Document
Warranty Deed -- Smith James W
Quit Claim Deed -- None Available
Warranty Deed -- Metropolitian Title Co
Special Warranty Deed -- None Available
Sheriffs Deed $3,000 None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202632561

Indiana Regional MLS

APN: 18-11-15-405-018.000-003

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