$75,536
SOLD SEP 5, 2025
3 Beds
2 Baths
2,520 Sq Ft
6,200 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

15% Below List Price

168 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to Clifton Wallace Park
  • Forced Air Heating System

About This Home

As of September 2025

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!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 01/08/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Jordan Phillips

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,200 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • 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

  • Tenant pays for gas, sewer, water
  • The owner pays for electricity
  • Tax Lot 6
  • Assessor Parcel Number 181116207015000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1890
  • Lot Size Acres: 0.14
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 25179
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Owner Pays: Electricity
  • Gross Area Sq Ft: 2503

Exterior Features

  • Foundation Details: Crawl Space
  • List Price: 89000
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Forced Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Lot Size Sq Ft: 6200
  • Parcel Number: 181116207015000003
  • Acres: <1/4 Acre
  • Price Acre: 539543

Rental Info

  • Tenant Pays: Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2382
  • Tax Lot: 6
  • Semi Annual Property Tax Amt: 1191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Sep 5, 2025
Sold by
Muncie 20 Llc
Bought by
Wilson Acquisitions Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Jordan Phillips
eXp Realty, LLC
List Price
$89,000
Sold Price
$75,536
Premium/Discount to List
-$13,464
-15.13%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197844.33%

Purchase Details

Closed on
Aug 4, 2022
Sold by
Slm Indiana Investments Llc
Bought by
Muncie 20 Llc

Purchase Details

Closed on
Jan 31, 2018
Sold by
Bless Frank B
Bought by
Slm Indiana Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 29, 2015
Sold by
Heldenbrand Trust
Bought by
Bless Frank B
Seller's Agent
Sharon Strahan
RE/MAX Real Estate Groups
Buyer's Agent
Gadi Boukai
F.C. Tucker Company
List Price
$70,000
Sold Price
$63,500
Premium/Discount to List
-$6,500
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$47,625
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $51,000 None Listed On Document
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

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $75,536 0.0% $30 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/10/2025 06/10/25 Off Market $75,536 -- --
06/10/2025 06/10/25 For Sale $89,000 +17.8% $35 / Sq Ft
05/27/2025 05/27/25 Off Market $75,536 -- --
04/17/2025 04/17/25 Price Changed $89,000 -10.1% $35 / Sq Ft
01/08/2025 01/08/25 For Sale $99,000 +55.9% $39 / Sq Ft
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®

Tax History Compared to Growth

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 $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

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015525

MIBOR Broker Listing Cooperative®

APN: 18-11-16-207-015.000-003