Active

Price cut: $9.9K (10/7)

$80,000

1602 W Adams St, Muncie, IN 47303

3beds

1,030sqft

$588/mo

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Multi Family

Built in 1905

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

3 Bedroom Investment Property close to BSU Campus. Currently rented at $725.00 per month on a month-to-month lease.

70 days
189
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Forced Air, High Efficiency Furnace

Cooling

Window Unit(s)

Features

Laminate Counters
Flooring: Vinyl Tile
Windows: Double Pane Windows
Basement: Partial,Block

Interior area

Total structure area: 1,030
Total interior livable area: 1,030 sqft
Finished area above ground: 1,030
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: None

Features

Levels: One
Stories: 1
Patio & porch: Porch Covered
Fencing: None

Lot

Size: 4,791 Square Feet
Dimensions: 40x125
Features: Level, City/Town/Suburb

Details

Additional structures: None
Parcel number: 181116101011.000003
Zoning: R-4A

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1905

Utilities & green energy

Electric: AEP/I&M
Gas: CenterPoint Energy
Sewer: City
Water: City, Indiana American Water Co

Green energy

Energy efficient items: HVAC

Community & HOA

Community

Features: None
Subdivision: None

Location

Region: Muncie

Financial & listing details

Tax assessed value: $92,100
Annual tax amount: $1,950
Date on market: 7/29/2026
Listing terms: Cash,Conventional
Inclusions: Other
Lease term: Month To Month
Total actual rent: 0
Tenant pays: Cable TV, Electricity, Fuel, Sewer, Trash Collection, Water

Estimated market value

Not available

Estimated sales range

Not available

$1,022/mo

Price history

Date	Event	Price
10/7/2026	Price change	$80,000-11%
Source: IRMLS #202630591 Report a problem
9/14/2026	Price change	$89,900-14.3%
Source: IRMLS #202630591 Report a problem
7/29/2026	Listed for sale	$104,900
Source: IRMLS #202630591 Report a problem
5/22/2026	Listing removed	$104,900
Source: IRMLS #202534736 Report a problem
9/19/2025	Price change	$104,900-4.5%
Source: IRMLS #202534736 Report a problem
8/29/2025	Listed for sale	$109,900
Source: IRMLS #202534736 Report a problem
6/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/14/2023	Listed for rent	$750$1/sqft
Source: Zillow Rentals Report a problem
1/24/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/21/2023	Listed for rent	$750$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,716 +15.8%	$92,100 +7.3%
2024	$1,482 +19.7%	$85,800 +15.8%
2023	$1,238 +2.7%	$74,100 +19.7%
2022	$1,206 +17.1%	$61,900 +2.7%
2021	$1,030	$60,300 +17.1%
2020	$1,030	$51,500
2019	$1,030 -9.2%	$51,500
2018	$1,134 +1.6%	$51,500 +0.4%
2017	$1,116 +8.8%	$51,300 +1.8%
2016	$1,026 -6.6%	$50,400 -4.7%
2014	$1,098 +4%	$52,900 +0.2%
2013	$1,056 +4.8%	$52,800 +4.8%
2012	$1,008 -4.5%	$50,400 -4.5%
2011	$1,056 -10.7%	$52,800 -10.7%
2010	$1,182 +7.8%	$59,100 +7.8%
2009	$1,096	$54,800