Closed

$150,000

1509 N Mann Ave, Muncie, IN 47304

3beds

1,424sqft

Single Family Residence

Built in 1951

8,276 Square Feet Lot

$180,000 Zestimate^®

$--/sqft

$1,568 Estimated rent

Home value

$180,000

$167,000 - $193,000

$1,568/mo

Zestimate^® history

Owner options

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$1,568/mo

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$1,568/mo

Rent Zestimate^®

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$984/mo

Est. payment

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$984/mo

Est. payment

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What's special

Don't pass on this investment property in a great location on Ball States campus. Three bedrooms and two and a half baths. Perfect space with two large living areas and an enclosed front porch. Private backyard area. Many updates including new roof in '21, new vinyl and bathroom vanity in '22, and new front door in '22. This home is currently leased through July, 2024 providing instant cash flow of $1,200 per month. Property manager currently in place.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 99
Dimensions: 11 x 9

Family room

Level: Main
Area: 234
Dimensions: 18 x 13

Kitchen

Level: Main
Area: 54
Dimensions: 9 x 6

Living room

Level: Main
Area: 210
Dimensions: 14 x 15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Range, Gas Water Heater

Features

Flooring: Hardwood
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,424
Total interior livable area: 1,424 sqft
Finished area above ground: 1,424
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached, Asphalt
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Fencing: None

Lot

Size: 8,276 Square Feet
Dimensions: 60x140
Features: Sloped, City/Town/Suburb, Near College Campus

Details

Parcel number: 181108203005.000003
Zoning: R-2

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick
Roof: Shingle

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Features: None
Subdivision: Westwood Heights

Location

Region: Muncie

Financial & listing details

Tax assessed value: $119,200
Annual tax amount: $2,190
Date on market: 8/15/2023
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
9/29/2025	Listing removed	$1,000$1/sqft
Source: IRMLS #202538545 Report a problem
9/23/2025	Listed for rent	$1,000-11.1%$1/sqft
Source: IRMLS #202538545 Report a problem
8/4/2025	Listing removed	$172,500$121/sqft
Source: MIBOR as distributed by MLS GRID #22030932 Report a problem
6/28/2025	Price change	$172,500-2.3%
Source: IRMLS #202511621 Report a problem
6/10/2025	Price change	$176,500-0.6%
Source: IRMLS #202511621 Report a problem
4/30/2025	Price change	$177,500-0.8%
Source: IRMLS #202511621 Report a problem
4/14/2025	Price change	$178,900-0.6%
Source: IRMLS #202511621 Report a problem
4/7/2025	Listed for sale	$179,900+19.9%
Source: IRMLS #202511621 Report a problem
8/11/2023	Sold	$150,000-3.2%
Source: IRMLS #202316111 Report a problem
7/6/2023	Pending sale	$155,000
Source: IRMLS #202316111 Report a problem
6/29/2023	Price change	$155,000-6.1%
Source: IRMLS #202316111 Report a problem
5/17/2023	Listed for sale	$165,000+220.4%
Source: IRMLS #202316111 Report a problem
12/8/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
12/3/2021	Price change	$1,125+7.1%$1/sqft
Source: Zillow Rental Network Premium Report a problem
9/16/2021	Listed for rent	$1,050+12.9%$1/sqft
Source: Zillow Rental Manager Report a problem
2/27/2021	Listing removed	--
Source: Owner Report a problem
10/24/2020	Listing removed	$930$1/sqft
Source: Owner Report a problem
9/21/2020	Listed for rent	$930$1/sqft
Source: Owner Report a problem
11/8/2019	Listing removed	$930$1/sqft
Source: Owner Report a problem
9/7/2019	Listed for rent	$930$1/sqft
Source: Owner Report a problem
5/18/2012	Sold	$51,500$36/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,578 +8.1%	$145,000 +12.5%
2024	$2,384 +15.1%	$128,900 +8.1%
2023	$2,072 +13.3%	$119,200 +15.1%
2022	$1,828	$103,600 +1%
2021	$1,828 +6.8%	$102,600 +12.3%
2020	$1,712	$91,400 +6.8%
2019	$1,712 +4%	$85,600
2018	$1,646 -0.6%	$85,600 +11.3%
2017	$1,656 +8.7%	$76,900
2016	$1,524 -5.1%	$76,900 +10.5%
2014	$1,606 +14.6%	$69,600 +0.9%
2013	$1,402 -3.5%	$69,000 -5%
2012	$1,452 +103.2%	$72,600 +0.3%
2011	$715 -7.3%	$72,400 -6.1%
2010	$771 +3.3%	$77,100 -3.1%
2009	$746 -23.1%	$79,600 +19%
2006	$971	$66,900 +0.8%
2005	--	$66,400