$63,000
$7K PRICE DROP

2806 S Walnut St Muncie, IN 47302

Southside Neighborhood

Estimated payment $362/month

Total Views 28,455
2 Beds
1 Bath
1,490 Sq Ft
$42 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Vinyl Flooring

About This Home

Excellent investment opportunity! This spacious 2-bedroom, 1-bath home is currently leased through May 2026, offering immediate rental income. Recently updated interior features enhance the comfort and appeal of the property. A great addition to any investment portfolio! Back on market due to financing at no fault of seller.

Listing Agent

Rahmed Paige

F.C. Tucker Muncie, REALTORS Brokerage Phone: 765-215-7195 Listed on: 06/13/2025

F.C. Tucker Muncie, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 1879

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Southview Elementary School
  • Southside Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 18-11-22-309-003.000-003

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$355

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1879
  • Style: Two Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SUB WAT AND PR TR BLK 257 LOT 14
  • Parcel Number ID: 18-11-22-309-003.000-003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1490
  • Total Finished Sq Ft: 1490
  • Above Grade Finished Sq Ft: 1490
  • Basement Foundation: Crawl
  • Flooring: Vinyl
  • Main Level Sq Ft: 906
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Southview

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40X100
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 355

Multi Family

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

MLS Schools

  • High School: Central
  • Middle School: Southside
  • 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 $700 $29,100 $4,700 $24,400
2023 $602 $24,200 $3,900 $20,300
2022 $606 $24,400 $3,900 $20,500
2021 $620 $25,100 $4,500 $20,600
2020 $594 $23,800 $4,500 $19,300
2019 $594 $23,800 $4,500 $19,300
2018 $698 $25,800 $5,000 $20,800
2017 $638 $26,000 $5,400 $20,600
2016 $638 $26,000 $5,400 $20,600
2014 $621 $28,400 $6,000 $22,400
2013 -- $28,100 $6,000 $22,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $63,000 0.0% $42 / Sq Ft
08/15/2025 08/15/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $63,000 -5.8% $42 / Sq Ft
06/26/2025 06/26/25 Price Changed $66,900 -4.3% $45 / Sq Ft
06/13/2025 06/13/25 For Sale $69,900 -- $47 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- None Listed On Document
Warranty Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202522639

Indiana Regional MLS

APN: 18-11-22-309-003.000-003

Indiana Delaware County Muncie 47302 Southside

2806 S Walnut 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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Listing Agent
Rahmed Paige
Section Image
F.C. Tucker Muncie, REALTORS
(765) 295-3005