221 E 6th St Muncie, IN 47302
South Central NeighborhoodEstimated payment $910/month
About This Home
This duplex offers a fantastic opportunity for both new and experienced investors to capitalize on Muncie's strong and growing real estate market. With a consistent demand for rental properties fueled by Ball State University, local businesses, and a stable community, this duplex is a smart, strategic investment designed for immediate cash flow and long-term appreciation. Investment Highlights: High Rental Demand: Muncie's rental market is robust, with a diverse tenant base keeping occupancy rates high. The city's average rent is significantly lower than the national average, attracting a steady stream of renters seeking quality, affordable housing. Seller's Market: The Muncie real estate market is currently a seller's market, with home values increasing year-over-year. This indicates a healthy market with excellent potential for your investment to grow in value over time. Accessible Investment: The median home price in Muncie provides a more affordable entry point for real estate investors, allowing for a higher potential return on investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,534
Year Built
- Built in 1902
Home Design
- Duplex
Interior Spaces
- 2.5-Story Property
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- 4,800 Sq Ft Lot
- Window Unit Cooling System
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 181115309007000003
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,534 | $71,300 | $5,000 | $66,300 |
| 2023 | $1,140 | $51,600 | $4,200 | $47,400 |
| 2022 | $1,062 | $47,700 | $4,200 | $43,500 |
| 2021 | $890 | $39,100 | $2,800 | $36,300 |
| 2020 | $1,371 | $40,900 | $4,600 | $36,300 |
| 2019 | $5,329 | $52,300 | $4,600 | $47,700 |
| 2018 | $1,706 | $52,200 | $4,600 | $47,600 |
| 2017 | $895 | $52,500 | $5,100 | $47,400 |
| 2016 | $895 | $52,500 | $5,100 | $47,400 |
| 2014 | $964 | $61,400 | $6,300 | $55,100 |
| 2013 | -- | $60,900 | $6,300 | $54,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $148,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Commissioners Deed | $8,200 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $4,911 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Land Contract | $20,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Credit Line Revolving | |
| Previous Owner | $15,400 | Seller Take Back |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22055437
APN: 18-11-15-309-007.000-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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