313 W 5th St Muncie, IN 47302
South Central NeighborhoodEstimated payment $1,159/month
Highlights
- 0.78 Acre Lot
- Fenced Yard
- Forced Air Heating and Cooling System
- Corner Lot
- Multiple cooling system units
About This Home
Opportunity to own a working piece of Muncie history: machine shop, rental home, pole barn, fenced, and income potential all in one property. Operating since the early 1900s, this property was home to Kemp Machine Shop and later BK Machine Shop, serving generations of local industry. The machine shop remains operational today, offering an opportunity for an owner-user, investor, or entrepreneur seeking established industrial space with a proven legacy. The property includes the commercial building, an additional pole barn for storage or expansion, and a separate 2-bedroom, 1-bath rental home with an unfinished attic, providing additional income potential. The fenced property offers ample parking and outdoor space. Conveniently located near downtown Muncie, this unique property presents an exceptional live-work opportunity, allowing owners to operate a business while generating rental income from the residential dwelling. Whether you're looking to continue its industrial heritage or reimagine the space for a new venture, the possibilities are endless.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 33,977 Sq Ft Lot
- Lot Dimensions are 210x163
- Fenced Yard
- Chain Link Fence
- Corner Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Metal Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 10 Parking Spaces
- Driveway
- Off-Street Parking
Schools
- Southview Elementary School
- Southside Middle School
- Central High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
Additional Features
- Outbuilding
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 181116430007000003
- Seller Concessions Not Offered
Community Details
Overview
- 3 Buildings
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,855 | $85,600 | $18,500 | $67,100 |
| 2024 | $2,555 | $73,200 | $18,500 | $54,700 |
| 2023 | $2,555 | $73,200 | $18,500 | $54,700 |
| 2022 | $2,591 | $74,500 | $18,500 | $56,000 |
| 2021 | $2,446 | $68,900 | $18,500 | $50,400 |
| 2020 | $2,302 | $61,700 | $18,500 | $43,200 |
| 2019 | $2,302 | $61,700 | $18,500 | $43,200 |
| 2018 | $2,302 | $61,700 | $18,500 | $43,200 |
| 2017 | $2,227 | $58,700 | $18,500 | $40,200 |
| 2016 | $2,177 | $56,800 | $18,500 | $38,300 |
| 2014 | $2,245 | $62,600 | $18,500 | $44,100 |
| 2013 | -- | $62,600 | $18,500 | $44,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $170,000 | -- | $168 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Youngs Title |
Source: Indiana Regional MLS
MLS Number: 202623603
APN: 18-11-16-430-007.000-003
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.
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. 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.
Based on information submitted to the MLS GRID
- 1303 S Liberty St
- 309 W 8th St
- 1201 S Mulberry St
- 1215 S Jefferson St
- 313 W 10th St
- 1700 S Walnut St
- 1725 S High St
- 620 S Gharkey St
- 500 W Memorial Dr
- 1801 S Jefferson St
- 610 S Council St
- 221 W Memorial Dr
- 617 W Memorial Dr
- 1001 W 1st St
- 2004 S Walnut St
- 2006 S Walnut St
- 1505 S Vine St
- 1720 S Hoyt Ave
- 430 S Proud St
- 301 S Walnut St Unit 206
- 418 W 7th St
- 114 E 8th St Unit 3
- 1525 S Walnut St Unit 1525 South Walnut Street - 11
- 509 W 8th St
- 415 W 9th St
- 119 E 8th St
- 114 E 9th St
- 219 E Willard St Unit 3
- 219 E Willard St Unit 1
- 218 E 8th St Unit A
- 319 W 10th St
- 301 E 7th St
- 623 W 9th St
- 605 W 10th St
- 1807 S Walnut St
- 925 W Willard St
- 309 W Memorial Dr
- 621 S Mound St
- 519 S Liberty St
- 309 W Charles St
Ask me questions while you tour the home.