$169,900

Estimated payment $1,103/month

Total Views 60
4 Beds
1.5 Baths
1,440 Sq Ft
$118 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

This duplex is being offered for $169,900 and already generates **$1,500 per month in rental income with both units leased through **June 2026** and **July 2026**. This turnkey investment offers strong cash flow and long-term security. Recent renovations (within 6 months): -new appliances -updated flooring and carpet -fresh paint and updated bathrooms. 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

  • $2,160

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x91
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Block Basement Construction
  • Basement Cellar

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 maintenance, tax
  • Assessor Parcel Number 18-11-16-103-002.000-003

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,160

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 125
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: WESTSIDE ADD LOT 963
  • Parcel Number ID: 18-11-16-103-002.000-003
  • Platted: Yes
  • Amenities: Basement
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2160
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 117.99
  • Basement: Yes
  • Basement Foundation: Cellar
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80X91
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2160

MLS Schools

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

Map

Range of Values:

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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 $2,270 $108,100 $16,400 $91,700
2023 $1,210 $55,100 $13,700 $41,400
2022 $1,052 $47,200 $13,700 $33,500
2021 $1,572 $73,200 $14,400 $58,800
2020 $1,362 $62,700 $13,700 $49,000
2019 $1,362 $62,700 $13,700 $49,000
2018 $1,360 $62,600 $13,700 $48,900
2017 $1,364 $62,800 $14,400 $48,400
2016 $1,342 $61,700 $14,300 $47,400
2014 $1,403 $68,000 $18,800 $49,200
2013 -- $68,000 $18,800 $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $169,900 -- $118 / 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
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Closed $168,000 Construction
Previous Owner $165,000 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202534522

Indiana Regional MLS

APN: 18-11-16-103-002.000-003