520 S Butterfield Rd Muncie, IN 47303
Estimated payment $1,648/month
3
Beds
2
Baths
3,942
Sq Ft
$71
Price per Sq Ft
Highlights
- A-Frame Home
- Built-in Bookshelves
- Bathtub with Shower
- Partially Wooded Lot
- Double Vanity
- Ranch Style House
About This Home
Unique property that includes two homes, pole barn, and 9.932 acres. Approx. 8 +/- acres are tillable. Main home is a 3 bed 2 bath with two large living room areas and a built on sun room full of windows. This home has the attached Bellwood Art Studio where reportedly Bob Ross painted and gave lessons along with other local painters and artists. The spacious art studio and storage area has its own heat and central air with three entrances along with covered car port. The property also has a 30x40 pole barn with concrete floors. The A-Frame on the property,514 & 516 S Butterfield, was the original art studio and then turned into a two unit rental property. Each unit is a 2 bed 1 bath. A long secluded driveway takes you to the property surrounded by farm fields. This property is perfect for an investor or someone looking to rehab the structures, live in the main house, and have rental income in the second home.
Last Listed By
NextHome Elite Real Estate Brokerage Phone: 765-749-5817 Listed on: 06/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $869
Year Built
- Built in 1956
Lot Details
- 9.93 Acre Lot
- Lot Dimensions are 610x710
- Level Lot
- Partially Wooded Lot
HOA Fees
- $10 per month
Home Design
- A-Frame Home
- Ranch Style House
- Slab Foundation
- Poured Concrete
- Asphalt Roof
- Stone Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 3,942 Sq Ft Home
- Built-in Bookshelves
- Ceiling Fan
- Living Room with Fireplace
- Pull Down Stairs to Attic
Kitchen
- Oven or Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Double Vanity
- Bathtub with Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- Gravel Driveway
- Off-Street Parking
Location
- Suburban Location
Schools
- East Washington Academy Elementary School
- Southside Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Septic System
Community Details
- $10 Other Monthly Fees
Listing and Financial Details
- Assessor Parcel Number 18-11-13-176-001.000-001
- Seller Concessions Not Offered
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 | $987 | $195,900 | $32,400 | $163,500 |
| 2023 | $2,130 | $180,400 | $29,000 | $151,400 |
| 2022 | $2,132 | $186,600 | $25,400 | $161,200 |
| 2021 | $1,968 | $170,100 | $23,500 | $146,600 |
| 2020 | $1,958 | $170,000 | $23,400 | $146,600 |
| 2019 | $2,043 | $170,200 | $25,900 | $144,300 |
| 2018 | $2,028 | $170,600 | $26,400 | $144,200 |
| 2017 | $2,049 | $170,100 | $28,500 | $141,600 |
| 2016 | $2,078 | $174,400 | $29,500 | $144,900 |
| 2014 | $2,168 | $220,300 | $30,300 | $190,000 |
| 2013 | -- | $236,500 | $47,700 | $188,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2025 06/08/25 | For Sale | $280,000 | -- | $71 / Sq Ft |
Source: Indiana Regional MLS
Similar Homes in Muncie, IN
Source: Indiana Regional MLS
MLS Number: 202521816
APN: 18-11-13-176-001.000-001
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