$114,900
$5K PRICE DROP

Estimated payment $719/month

Total Views 6,326
4 Beds
1 Bath
1,193 Sq Ft
$96 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property
  • Level Lot
  • Carpet

About This Home

Long term tenant in this investment property. Current lease through January 2026. Great location near BSU and IU Health. Instant income with monthly rent of $927 a month. 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

  • $1,400

Year Built

  • Built in 1937

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Pets Allowed with Restrictions

Listing and Financial Details

  • The owner pays for maintenance, tax
  • Assessor Parcel Number 18-11-04-357-014.000-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1937
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BELMONT LOT 171
  • Parcel Number ID: 18-11-04-357-014.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate
  • Location: City/Town/Suburb
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1193
  • Total Finished Sq Ft: 1193
  • Above Grade Finished Sq Ft: 1193
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 1

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Muncie Sanitary Dist.
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x130
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Cable, Electric, Fuel, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1400

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 4 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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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 $1,524 $70,300 $10,700 $59,600
2023 $1,308 $59,500 $9,800 $49,700
2022 $1,188 $53,500 $9,800 $43,700
2021 $998 $44,000 $9,800 $34,200
2020 $918 $40,000 $8,900 $31,100
2019 $862 $37,200 $8,900 $28,300
2018 $862 $37,200 $8,900 $28,300
2017 $842 $36,200 $8,000 $28,200
2016 $808 $34,500 $7,600 $26,900
2014 $1,131 $53,900 $8,900 $45,000
2013 -- $53,400 $8,900 $44,500
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% $96 / Sq Ft
08/28/2025 08/28/25 For Sale $119,900 -- $101 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $155,000 None Listed On Document
Warranty Deed $41,666 Security Title Services
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,000 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202534521

Indiana Regional MLS

APN: 18-11-04-357-014.000-003