Great investment opportunity! This recently updated triplex in Muncie offers strong cash flow and is ideally located just 8 minutes from Ball State University, making it perfect for student housing. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all with modern updates and reliable rental income. With high demand from students and low maintenance required, this triplex is an excellent addition to any real estate portfolio. Don't miss out-schedule a showing today!
Sold
$100,000
1400 E 5th St, Muncie, IN 47302
5beds
3baths
--sqft
Multi Family, Triplex
Built in 1890
-- sqft lot
$104,900 Zestimate®
$--/sqft
$1,155 Estimated rent
Home value
$104,900
$87,000 - $127,000
$1,155/mo
Zestimate® history
Owner options
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$1,155/mo
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$1,155/mo
Rent Zestimate®
Refinance and save
$491/mo
Est. payment
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$491/mo
Est. payment
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Modern updates
Zillow last checked:
Listing updated:
Listed by:
KiKi Chase 317-879-6666,
Ferris Property Group
Bought with:
Jared Smith
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22010295
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- None
Features
- Basement: Partial
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 181115427008000003
- Zoning: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1890
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $77,200
- Annual tax amount: $1,274
- Date on market: 1/28/2025
- Cumulative days on market: 113 days
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $100,000-9.1% |
Source:  MIBOR as distributed by MLS GRID #22010295 Report a problem | ||
| 1/28/2025 | Pending sale | $110,000 |
Source: MIBOR as distributed by MLS GRID #22010295 Report a problem | ||
| 12/16/2024 | Listing removed | $110,000-15.4% |
Source: MIBOR as distributed by MLS GRID #22010295 Report a problem | ||
| 11/8/2024 | Listed for sale | $130,000+52.9% |
Source: MIBOR as distributed by MLS GRID #22010295 Report a problem | ||
| 8/14/2023 | Sold | $85,000-4% |
Source: MIBOR as distributed by MLS GRID #21933231 Report a problem | ||
| 7/28/2023 | Pending sale | $88,500 |
Source:  IRMLS #202325402 Report a problem | ||
| 7/27/2023 | Price change | $88,500-1.6% |
Source: IRMLS #202325402 Report a problem | ||
| 7/20/2023 | Listed for sale | $89,900+12.4% |
Source: IRMLS #202325402 Report a problem | ||
| 1/7/2023 | Listing removed | $80,000 |
Source: IRMLS #202227512 Report a problem | ||
| 12/19/2022 | Listed for sale | $80,000 |
Source: IRMLS #202227512 Report a problem | ||
| 10/31/2022 | Pending sale | $80,000 |
Source: IRMLS #202227512 Report a problem | ||
| 10/19/2022 | Price change | $80,000-2.4% |
Source: IRMLS #202227512 Report a problem | ||
| 8/26/2022 | Listed for sale | $82,000 |
Source: MIBOR as distributed by MLS GRID #21868043 Report a problem | ||
| 8/16/2022 | Pending sale | $82,000 |
Source: MIBOR as distributed by MLS GRID #21868043 Report a problem | ||
| 8/5/2022 | Listed for sale | $82,000 |
Source: MIBOR as distributed by MLS GRID #21868043 Report a problem | ||
| 7/25/2022 | Pending sale | $82,000 |
Source: MIBOR as distributed by MLS GRID #21868043 Report a problem | ||
| 7/6/2022 | Listed for sale | $82,000+30.2% |
Source: IRMLS #202227512 Report a problem | ||
| 4/2/2019 | Listing removed | $375-25% |
Source: Clemmons Properties LLC. Report a problem | ||
| 3/19/2019 | Price change | $500+42.9% |
Source: Clemmons Properties LLC. Report a problem | ||
| 2/21/2019 | Price change | $350-12.5% |
Source: Clemmons Properties LLC. Report a problem | ||
| 12/7/2018 | Listed for rent | $400 |
Source: Clemmons Properties LLC. Report a problem | ||
| 11/6/2017 | Sold | $63,000-3.1% |
Source: Agent Provided Report a problem | ||
| 10/6/2017 | Pending sale | $65,000 |
Source: MIBOR REALTOR Association #21511743 Report a problem | ||
| 9/11/2017 | Listed for sale | $65,000+282.4% |
Source: MIBOR REALTOR Association #21511743 Report a problem | ||
| 3/28/2016 | Sold | $17,000-22.4% |
Source: Agent Provided Report a problem | ||
| 9/30/2015 | Price change | $21,900-17.4% |
Source: FC Tucker / Five Star Real Estate #201524139 Report a problem | ||
| 7/2/2015 | Listed for sale | $26,500-30.5% |
Source: FC Tucker / Five Star Real Estate #201524139 Report a problem | ||
| 11/9/2006 | Sold | $38,149 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,144 -1.9% | $77,200 +35% |
| 2024 | $1,166 +22% | $57,200 -1.9% |
| 2023 | $956 +4.1% | $58,300 +22% |
| 2022 | $918 +14.7% | $47,800 +4.1% |
| 2021 | $800 +3.1% | $45,900 +14.8% |
| 2020 | $776 +0.3% | $40,000 +3.1% |
| 2019 | $774 +24.4% | $38,800 +0.3% |
| 2018 | $622 -55.4% | $38,700 +50.6% |
| 2017 | $1,394 +53.1% | $25,700 -35.9% |
| 2016 | $910 +3.6% | $40,100 +0.5% |
| 2014 | $878 +5.1% | $39,900 +0.8% |
| 2013 | $835 +7.6% | $39,600 +2.1% |
| 2012 | $776 +86.5% | $38,800 +86.5% |
| 2011 | $416 -11.1% | $20,800 -11.1% |
| 2010 | $468 +0.4% | $23,400 +0.4% |
| 2009 | $466 | $23,300 |
Find assessor info on the county website
Neighborhood: Industry
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Nearby schools
GreatSchools rating
- 4/10South View Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Muncie Central High SchoolGrades: PK-12Distance: 1.4 mi
- 4/10Southside Middle SchoolGrades: 6-8Distance: 1.5 mi
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- Indiana
- Delaware County
- Muncie
- 47302
- Industry
- 1400 E 5th St
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