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  • $50,000

    1205 S Jefferson St, Muncie, IN 47302

    3beds
    1,876sqft
    : 
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    Duplex
    Built in 1898
    -- sqft lot
    $80,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Two separate units
    Calling all investors and rehab enthusiasts! Here’s your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value.Whether you’re an experienced investor or searching for your next renovation project. Bring your contractor, your creativity, and your plans—this property is ready for its next chapter. Sold As-Is.
    3 days
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    246
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    James Meredith Cell:765-808-4973,

    NextHome Elite Real Estate

    Source: IRMLS,MLS#: 202627555MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Forced Air
      Cooling
      • None
      Features
      • Flooring: Laminate, Wood
      • Basement: Crawl Space,Partial,Block
      Interior area
      • Total structure area: 3,248
      • Total interior livable area: 1,876 sqft
      • Finished area above ground: 1,876
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch Covered
      • Fencing: Fenced
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 42x120
      • Features: Sloped
      Details
      • Additional structures: None
      • Parcel number: 181115303021.000003

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Aluminum Siding
      • Foundation: Basement
      Condition
      • New construction: No
      • Year built: 1898

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Gray(s)
      Location
      • Region: Muncie

      Financial & listing details

      • Tax assessed value: $57,100
      • Annual tax amount: $858
      • Date on market: 7/10/2026
      • Inclusions: Building, Land
      • Lease term: None
      • Total actual rent: 0
      • Tenant pays: Other

        Estimated market value

        $80,700

        $57,000 - $107,000

        $1,122/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$50,000+809.1%
        Source: IRMLS #202627555 Report a problem
        2/12/2016Sold$5,500-8.3%$3/sqft
        Source: MIBOR as distributed by MLS GRID #21368585 Report a problem
        3/18/2015Sold$6,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$858 +19.8%$57,100 +33.1%
        2024$716 +7.5%$42,900 +19.8%
        2023$666 +23.3%$35,800 +7.5%
        2022$540 -6.6%$33,300 +23.3%
        2021$578 +0%$27,000 -6.6%
        2020$578 +0.3%$28,900
        2019$576 -17%$28,900 +0.3%
        2018$694 -34.4%$28,800 -1.7%
        2017$1,058 +74.5%$29,300
        2016$606 -10.6%$29,300 -14.1%
        2014$678 -2.8%$34,100 +0.9%
        2013$698 +5.1%$33,800 +1.8%
        2012$664 -2.4%$33,200 -2.4%
        2011$680 -3.4%$34,000 -3.4%
        2010$704 +0.3%$35,200 +0.3%
        2009$702 $35,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Central

        Getting around

        53 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southview
        • Middle: Southside
        • High: Central
        • District: Muncie Community Schools

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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