This lovely 4 bedroom, 2.5 bathroom home in the Cowan School District offers a functional layout, several updates, and 1,848 square feet of living space on a spacious half acre lot in a quiet rural neighborhood just minutes from town. The main level features an updated kitchen with a large pantry and appliances included, along with a comfortable family room highlighted by a stone fireplace with electric insert and sliding glass doors leading to the back patio and expansive backyard. The main level also includes a convenient half bath and laundry area updated in 2023. Quality vinyl plank flooring was installed in 2021. Upstairs you will find all four bedrooms and two full bathrooms, including a primary suite with dual closets and an updated ensuite bathroom with a walk in shower. The second full bath features a jetted tub and shower combination. Major updates provide added peace of mind, including new Anderson windows in 2022 along with new interior doors. The HVAC system was updated approximately 6 years ago, and the roof and siding are approximately 10 years old. Additional improvements include a new grinder pump installed in fall 2025 and a new well bladder tank and switch in April 2026. The well is located at the front of the property beneath a decorative rock. The home is total electric, with the seller reporting an average electric bill of approximately $293 per month. Outside, the fully fenced backyard offers privacy and space with mature trees, a concrete patio, hot tub, and a 12x20 Kayak pool with surrounding deck and a new sand filter installed in summer 2025. The concrete driveway includes a basketball goal for additional outdoor enjoyment. Conveniently located just minutes from the bypass with quick access to shopping, dining, and Interstate 69. You'll want to check this one out!
Pending
$259,900
1504 W Tree Ln, Muncie, IN 47302
4beds
1,848sqft
Single Family Residence
Built in 1975
0.5 Acres Lot
$256,800 Zestimate®
$--/sqft
$-- HOA
What's special
Convenient half bathHot tubAppliances includedSpacious half acre lotComfortable family roomMature treesUpdated kitchen
- 56 days |
- 109 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cortney Felton Cell:765-748-6334,
NextHome Elite Real Estate
Source: IRMLS,MLS#: 202616306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Family room
- Level: Main
- Area: 208
- Dimensions: 16 x 13
Kitchen
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Living room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Heating
- Electric, Forced Air, Heat Pump, Other
Cooling
- Central Air, Other
Appliances
- Included: Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater, Water Softener Rented
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- 1st Bdrm En Suite, Ceiling Fan(s), Laminate Counters, Stand Up Shower, Tub/Shower Combination
- Flooring: Carpet, Tile, Vinyl
- Doors: Six Panel Doors, Storm Door(s)
- Has basement: No
- Attic: Pull Down Stairs,Storage
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
- Finished area above ground: 1,848
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Concrete
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: Above Ground
- Has spa: Yes
- Spa features: Private, Jet Tub
- Fencing: Privacy,Wood
Lot
- Size: 0.5 Acres
- Dimensions: 100x218
- Features: Level, Rural Subdivision
Details
- Parcel number: 181504152015.000012
- Other equipment: Pool Equipment
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt,Dimensional Shingles
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Gas: None
- Sewer: City
- Water: Well
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Waynewood
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $193,400
- Annual tax amount: $1,278
- Date on market: 5/3/2026
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Asphalt
Estimated market value
$256,800
$244,000 - $270,000
$2,155/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Pending sale | $259,900 |
Source:  IRMLS #202616306 Report a problem | ||
| 5/3/2026 | Listed for sale | $259,900+1.9% |
Source: IRMLS #202616306 Report a problem | ||
| 8/8/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/16/2025 | Listed for sale | $255,000+6.7%$138/sqft |
Source: Owner Report a problem | ||
| 4/9/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/2/2025 | Listed for sale | $239,000$129/sqft |
Source: Owner Report a problem | ||
| 4/20/2023 | Sold | $239,000+1.7% |
Source: IRMLS #202306297 Report a problem | ||
| 3/12/2023 | Pending sale | $235,000 |
Source: IRMLS #202306297 Report a problem | ||
| 3/6/2023 | Listed for sale | $235,000+240.9% |
Source: IRMLS #202306297 Report a problem | ||
| 5/3/2007 | Sold | $68,930$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,248 +187.8% | $193,400 +21.9% |
| 2024 | $434 -10.3% | $158,700 +19.9% |
| 2023 | $483 +24.5% | $132,400 -1% |
| 2022 | $388 -9.4% | $133,700 +10% |
| 2021 | $428 +24.9% | $121,500 -2.3% |
| 2020 | $343 +1.6% | $124,400 +4.9% |
| 2019 | $338 +48.6% | $118,600 |
| 2018 | $227 -9.1% | $118,600 +9.8% |
| 2017 | $250 +63.2% | $108,000 |
| 2016 | $153 -22.4% | $108,000 +12.1% |
| 2014 | $197 +106.2% | $96,300 +0.9% |
| 2013 | $96 -81.2% | $95,400 +1.9% |
| 2012 | $508 +3% | $93,600 +4% |
| 2011 | $493 -28.7% | $90,000 -14.4% |
| 2010 | $691 +0.8% | $105,200 -0.8% |
| 2009 | $686 -42.1% | $106,000 -6.3% |
| 2006 | $1,184 | $113,100 +11.9% |
| 2005 | -- | $101,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: 47302
Nearby schools
GreatSchools rating
- 6/10Cowan Elementary SchoolGrades: K-6Distance: 1.5 mi
- 6/10Cowan High SchoolGrades: 7-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Cowan
- Middle: Cowan
- High: Cowan
- District: Cowan Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Delaware County
- Muncie
- 47302
- 1504 W Tree Ln
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