800 W Charles St Muncie, IN 47305
Old West End NeighborhoodEstimated payment $597/month
Total Views
12,331
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Traditional Architecture
- Forced Air Heating System
- 3-minute walk to Clifton Wallace Park
- Corner Lot
- Baseboard Heating
About This Home
Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property features two units on the bottom level and one unit on top. The two units on the main level both have 1 bedroom and 1 bathroom and the upper unit has 2 bedrooms and 1 bathroom. Electricity is separately metered. Gas and water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!
Listing Agent
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 6,200 Sq Ft Lot
- Corner Lot
Home Design
- Triplex
- Traditional Architecture
- Fixer Upper
Interior Spaces
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- The owner pays for electricity
- Tax Lot 6
- Assessor Parcel Number 181116207015000003
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 | $1,216 | $55,400 | $5,400 | $50,000 |
| 2023 | $2,382 | $46,200 | $4,500 | $41,700 |
| 2022 | $986 | $43,900 | $4,500 | $39,400 |
| 2021 | $762 | $32,700 | $5,900 | $26,800 |
| 2020 | $742 | $31,700 | $5,900 | $25,800 |
| 2019 | $742 | $31,700 | $5,900 | $25,800 |
| 2018 | $770 | $30,400 | $5,900 | $24,500 |
| 2017 | $728 | $31,000 | $5,900 | $25,100 |
| 2016 | $728 | $31,000 | $5,900 | $25,100 |
| 2014 | $557 | $25,700 | $5,600 | $20,100 |
| 2013 | -- | $24,700 | $5,400 | $19,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $89,000 | -10.1% | -- |
| 01/08/2025 01/08/25 | For Sale | $99,000 | +55.9% | -- |
| 11/09/2015 11/09/15 | Sold | $63,500 | -9.3% | $25 / Sq Ft |
| 09/03/2015 09/03/15 | Pending | -- | -- | -- |
| 09/15/2014 09/15/14 | For Sale | $70,000 | -- | $28 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $153,860 | Hall Render Killian Heath & Ly | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $101,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $47,625 | New Conventional |
Source: Public Records
Similar Homes in Muncie, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22015525
APN: 18-11-16-207-015.000-003
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