Closed

Tax assessed value

$149,500

1601 W Adams St, Muncie, IN 47303

5beds

2,270sqft

Quadruplex

Built in 1898

-- sqft lot

$-- Zestimate^®

$--/sqft

$2,550 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,550/mo

Zestimate^® history

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$2,550/mo

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$2,550/mo

Rent Zestimate^®

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$991/mo

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$991/mo

Est. payment

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What's special

Don't Miss out on this quadplex, conveniently located near Ball State Campus and Ball Memorial Hospital. With all four units rented through the 2023-2024 school year, this sought-after property offers a total rent of $2,245. Each unit contains its own laundry, kitchen, and living areas making it perfect for anyone seeking comfort and convenience. This property would be a perfect addition of an investment portfolio, or a great opportunity for someone looking to start theirs up.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Electric, Baseboard

Cooling

Window Unit(s)

Appliances

Laundry: Washer Hookup

Features

Ceiling Fan(s), Eat-in Kitchen
Flooring: Laminate
Basement: Full

Interior area

Total structure area: 2,270
Total interior livable area: 2,270 sqft
Finished area above ground: 2,270
Finished area below ground: 0

Property

Parking

Total spaces: 6
Parking features: Gravel
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck
Fencing: None

Lot

Size: 7,405 Square Feet
Dimensions: 50x155
Features: 0-2.9999, City/Town/Suburb

Details

Additional structures: None
Parcel number: 181116102005.000003
Zoning: R-1

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Roof: Dimensional Shingles

Condition

New construction: No
Year built: 1898

Utilities & green energy

Electric: AEP/I&M
Gas: CenterPoint Energy
Sewer: City
Water: City, Indiana American Water Co
Utilities for property: Cable Connected

Community & HOA

Community

Subdivision: Mock(s)

Location

Region: Muncie

Financial & listing details

Tax assessed value: $149,500
Annual tax amount: $2,474
Date on market: 9/2/2023
Inclusions: Building, Lease
Lease term: 12 Months
Total actual rent: 26940
Tenant pays: Electricity, Fuel, Water

Price history

Date	Event	Price
8/31/2023	Sold	$225,000-4.1%
Source: IRMLS #202326084 Report a problem
8/4/2023	Pending sale	$234,500
Source: IRMLS #202326084 Report a problem
7/25/2023	Listed for sale	$234,500+207.4%
Source: IRMLS #202326084 Report a problem
10/5/2010	Sold	$76,273$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,448	$149,500 +22.1%
2024	$2,448 -1.1%	$122,400
2023	$2,474 +8.1%	$122,400 -1.1%
2022	$2,288	$123,700 +8.1%
2021	$2,288	$114,400
2020	$2,288 +0.3%	$114,400
2019	$2,282 -2.6%	$114,400 +0.3%
2018	$2,344 -38.2%	$114,100 +2.1%
2017	$3,792 +61.8%	$111,800
2016	$2,344 -5.7%	$111,800 -2.7%
2014	$2,486 +12.6%	$114,900 +5.7%
2013	$2,208 +3.1%	$108,700 +1.7%
2012	$2,142 +16.1%	$106,900 +16.2%
2011	$1,845 +14.5%	$92,000
2010	$1,612 +76.1%	$92,000 +0.8%
2009	$915 -77.3%	$91,300 -15.2%
2006	$4,024	$107,700 +15.7%
2005	--	$93,100