Seller's Agent in 2025
Justin Lowe
Ellsbury Group
(765) 401-1122
2 in this area
46 Total Sales
Estimated Value: $160,000 - $184,000
Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack" their way to financial freedom. Investment Highlights Three Streams of Income: With all three units fully leased to reliable tenants, you'll benefit from a powerful, diversified income stream from day one. Unlike single-family homes, a triplex significantly mitigates the financial impact of a single vacancy. Prime Muncie Location: Situated in a high-demand area near [mention a specific local landmark, e.g., Ball State University, downtown Muncie, IU Health Ball Memorial Hospital], this property consistently attracts a strong pool of tenants, including students, faculty, and young professionals. Its proximity to jobs, dining, and entertainment ensures low turnover and competitive rental rates. Strong Financial Performance: Muncie's real estate market is on the rise, with home values and rental rates seeing consistent growth. This triplex is a high-performing asset that offers both immediate, attractive cash flow and the potential for a substantial increase in value over time.
Last Agent to Sell the Property
Ellsbury Group License #RB19001645 Listed on: 08/07/2025
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carniello Dustin | -- | Fayette County Title | |
| Ibyh Llc | $20,000 | None Available | |
| Johnson Willie | -- | None Available | |
| Johnson Willie | -- | None Available | |
| Johnson Roy | -- | None Available | |
| Johnson Roy | $6,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carniello Dustin | $144,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/26/2025 12/26/25 | Sold | $170,000 | -10.5% | $80 / Sq Ft |
| 11/10/2025 11/10/25 | Pending | -- | -- | -- |
| 09/24/2025 09/24/25 | For Sale | $190,000 | 0.0% | $90 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $190,000 | -- | $90 / Sq Ft |
| 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 | $1,392 | $64,200 | $2,100 | $62,100 |
| 2024 | $1,142 | $51,700 | $2,100 | $49,600 |
| 2023 | $422 | $30,500 | $2,100 | $28,400 |
| 2022 | $592 | $24,200 | $2,100 | $22,100 |
| 2021 | $477 | $22,200 | $2,100 | $20,100 |
| 2020 | $656 | $33,000 | $4,200 | $28,800 |
| 2019 | $768 | $33,000 | $4,200 | $28,800 |
| 2018 | $766 | $32,900 | $4,200 | $28,700 |
| 2017 | $764 | $32,800 | $4,200 | $28,600 |
| 2016 | $764 | $32,800 | $4,200 | $28,600 |
| 2014 | $632 | $35,000 | $8,100 | $26,900 |
| 2013 | -- | $34,700 | $8,100 | $26,600 |
Seller's Agent in 2025
Justin Lowe
Ellsbury Group
(765) 401-1122
2 in this area
46 Total Sales
Seller Co-Listing Agent in 2025
David Orton
Ellsbury Group
(317) 412-1572
2 in this area
16 Total Sales
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22055484
APN: 18-11-10-490-022.000-003
Ask me questions while you tour the home.