$114,900
$5K PRICE DROP

1600 W Adams St Muncie, IN 47303

Riverside-Normal City Neighborhood

Estimated payment $738/month

Total Views 4,884
2 Beds
1 Bath
936 Sq Ft
$123 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property

About This Home

Close to BSU and IU. Fully updated with tenant secured through July 2026 at $1,100/month. It offers investors a turnkey, maintenance opportunity with immediate returns and long-term growth potential. Property highlights: new flooring, new light fixtures, fresh paint, new fascia, gutters on west side, new kitchen cabinets, updated electrical, new appliances, and updated bathroom. This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave., 1602 W Adams St.

Listing Agent

Brad Bowman

Home 2 Home Realty Group Brokerage Email: christy@home2homerealtygroup.com Listed on: 08/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Level Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 18-11-16-101-012.000-003

Community Details

Overview

  • West Side / Westside Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1905
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MOCK ADD LOT 10
  • Parcel Number ID: 18-11-16-101-012.000-003
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1413
  • Total Finished Sq Ft: 936
  • Above Grade Finished Sq Ft: 936
  • Below Grade Sq Ft: 477
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 477
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x125
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water, Water Softener

Tax Info

  • Annual Property Tax: 1600

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Central
  • Middle School: Northside
  • 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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List Price
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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 $2,686 $80,000 $12,100 $67,900
2023 $1,488 $69,000 $10,000 $59,000
2022 $1,262 $57,700 $10,000 $47,700
2021 $1,234 $56,300 $10,600 $45,700
2020 $1,072 $48,200 $10,100 $38,100
2019 $1,072 $48,200 $10,100 $38,100
2018 $1,072 $48,200 $10,100 $38,100
2017 $1,072 $48,200 $10,600 $37,600
2016 $1,056 $47,400 $10,500 $36,900
2014 $1,027 $49,200 $11,000 $38,200
2013 -- $49,100 $11,000 $38,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Price Changed $114,900 -4.2% $123 / Sq Ft
08/28/2025 08/28/25 For Sale $119,900 -- $128 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 None Listed On Document
Warranty Deed $46,750 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $168,000 New Conventional
Previous Owner $165,000 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202534538

Indiana Regional MLS

APN: 18-11-16-101-012.000-003

Indiana Delaware County Muncie 47303 Riverside-Normal City

1600 W Adams St, Muncie, IN

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Brad Bowman
Listing Agent
Brad Bowman
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Home 2 Home Realty Group
(765) 435-7068