221 E 6th St Muncie, IN 47302
South Central NeighborhoodEstimated payment $946/month
6
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $148,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Credit Line Revolving | |
| Previous Owner | $15,400 | Seller Take Back |
Source: Public Records
Similar Homes in Muncie, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22055437
APN: 18-11-15-309-007.000-003
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