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  • $140,000

    1328 E Main St, Muncie, IN 47305

    7beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1910
    -- sqft lot
    $141,700 Zestimate®
    $--/sqft
    $1,006 Estimated rent

    Home value

    $141,700

    $118,000 - $170,000

    $1,006/mo

    Zestimate® history
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    $901/mo

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    What's special

    This is your chance to acquire a meticulously maintained, high-earning duplex in Muncie, Indiana's robust and growing real estate market. Positioned in a desirable neighborhood, this property is more than just a home-it's a proven income-generating asset, perfect for the seasoned investor or a savvy owner-occupant looking to live for free. Investment Highlights: Exceptional Cash Flow: With both units currently occupied by reliable tenants on secure leases, you'll benefit from immediate and consistent rental income from day one. Muncie's rental market is strong, with average rents showing significant year-over-year growth. Prime Location: Strategically located near [mention a specific local landmark, e.g., Ball State University, IU Health Ball Memorial Hospital, downtown Muncie], this property attracts a diverse and stable tenant base, from students and faculty to young professionals. Its proximity to local amenities ensures low vacancy rates and high demand. Low-Maintenance & Updated: The property has been thoughtfully updated to minimize maintenance and maximize returns. Recent upgrades include HVAC, Plumbing, Electrical , reducing future capital expenditures and increasing tenant satisfaction.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Justin Lowe 765-401-1122,

    Ellsbury Group,

    David Orton 317-412-1572,

    Ellsbury Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22055426MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    Heating
    • Electric, Baseboard
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 181110490023000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Muncie
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    12/26/2025Sold$140,000
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    11/10/2025Pending sale$140,000
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    10/21/2025Price change$140,000+3.7%
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    9/24/2025Listed for sale$135,000
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    8/25/2025Pending sale$135,000
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    8/7/2025Listed for sale$135,000+2303.8%
    Source: MIBOR as distributed by MLS GRID #22055426 Report a problem
    7/9/2021Sold$5,616
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$974 +121.4%$46,300 -4.9%
    2023$440 +8.4%$48,700 +121.4%
    2022$406 -32.8%$22,000 +8.4%
    2021$604 $20,300 -32.8%
    2020$604 $30,200
    2019$604 -14.9%$30,200
    2018$710 $30,200 +0.3%
    2017$710 +90.5%$30,100
    2016$373 -50.6%$30,100 -6.8%
    2014$754 +10.4%$32,300 +0.9%
    2013$683 +8.1%$32,000 +1.3%
    2012$632 +169.1%$31,600 +32.8%
    2011$235 -0.5%$23,800 -1.2%
    2010$236 +28.5%$24,100 +13.1%
    2009$184 -49.1%$21,300 -14.5%
    2006$361 $24,900 +12.7%
    2005-- $22,100

    Find assessor info on the county website

    Neighborhood: East Central

    Nearby schools

    GreatSchools rating
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