Pending

Price cut: $5K (7/22)

$174,900

421 S Talley Ave, Muncie, IN 47303

5beds

2,260sqft

$1,237/mo

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Triplex

Built in 1936

-- sqft lot

$169,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Three-unit Ball State rental property. Two one-bedroom apartments and one studio apartment. All units completely separate and rented with utilities included. Large basement with area for washer dryer for tenant use on site. Turnkey with two units rented currently generating 1550.00monthly income with additional $700 when Studio is rented. Long rent history generating positive income. Includes one car attached to garage for storage or generating additional rent income. Great investment for additional income or parents sending their kids to BSU rent-free plus additional income.

69 days
44
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air

Cooling

Central Air

Features

Storage
Flooring: Carpet, Vinyl
Basement: Partial,Block

Interior area

Total structure area: 3,611
Total interior livable area: 2,260 sqft
Finished area above ground: 2,260
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

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

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 6,969 Square Feet
Dimensions: 50x142
Features: Level

Details

Additional structures: None
Parcel number: 181117208012.000003

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1936

Utilities & green energy

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

Community & HOA

Community

Subdivision: None

Location

Region: Muncie

Financial & listing details

Tax assessed value: $128,300
Annual tax amount: $1,337
Date on market: 6/29/2026
Listing terms: Cash,Conventional
Inclusions: Building
Lease term: 12 Months
Total actual rent: 17040
Tenant pays: None

Estimated market value

$169,000

$161,000 - $177,000

$1,849/mo

Price history

Date	Event	Price
8/5/2026	Pending sale	$174,900
Source: IRMLS #202625008 Report a problem
7/22/2026	Price change	$174,900-2.8%
Source: IRMLS #202625008 Report a problem
6/24/2026	Listed for sale	$179,900
Source: IRMLS #202625008 Report a problem
7/13/2024	Listing removed	--
Source: Owner Report a problem
4/15/2024	Pending sale	$179,900$80/sqft
Source: Owner Report a problem
1/31/2024	Listed for sale	$179,900$80/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,216 +18.1%	$128,300 +15.8%
2024	$1,876 +20.4%	$110,800 +18.1%
2023	$1,558 +1.6%	$93,800 +20.4%
2022	$1,534 +15%	$77,900 +1.6%
2021	$1,334 +2.6%	$76,700 +15%
2020	$1,300 +4.3%	$66,700 +2.6%
2019	$1,246 -7%	$65,000 +4.3%
2018	$1,340 -54.9%	$62,300 +1.1%
2017	$2,971 +132.9%	$61,600
2016	$1,276 -5.3%	$61,600 +2.3%
2014	$1,348 +11.1%	$60,200 +1%
2013	$1,214 -1.3%	$59,600 -3.1%
2012	$1,230 +2314.6%	$61,500 -4.9%
2011	$51 +0.7%	$64,700
2010	$51 -51.8%	$64,700 -9.8%
2009	$105	$71,700