Investment property in great location, tenants have been there 3-5 years, therefore owners have kept rents low. Potential for much higher rent. Some units have newer carpeting and paint; all kitchen appliances remain with property; tenants pay all utilities including sewage; owners only pay taxes; each unit has separate patio or deck overlooking larger lot with trees; separate meter for all utilities; all electric; unit #3 is vacant and seller would like that to be shown first trying not to bother tenants except for serious lookers. Possible 4th unit in basement.
Sold for $215,000
$215,000
5005 W Keller Rd, Muncie, IN 47304
6beds
4,030sqft
MultiFamily
Built in 1981
-- sqft lot
$257,400 Zestimate®
$53/sqft
$1,442 Estimated rent
Home value
$257,400
$232,000 - $286,000
$1,442/mo
Zestimate® history
Owner options
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$1,442/mo
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$1,442/mo
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$1,389/mo
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$1,389/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Central
Features
- Basement: None
Interior area
- Total interior livable area: 4,030 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 0.33 Acres
Details
- Parcel number: 181001276010000036
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1981
Community & HOA
Location
- Region: Muncie
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $203,100
- Annual tax amount: $3,252
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Listing removed | $263,000 |
Source: | ||
| 5/28/2025 | Price change | $263,000-0.8% |
Source: | ||
| 4/25/2025 | Price change | $265,000-1.9% |
Source: | ||
| 4/7/2025 | Listed for sale | $270,000-3.6% |
Source: | ||
| 1/24/2025 | Listing removed | $280,000 |
Source: | ||
| 1/2/2025 | Price change | $280,000-1.8% |
Source: | ||
| 12/18/2024 | Price change | $285,000-1.7% |
Source: | ||
| 12/9/2024 | Price change | $290,000-1.7% |
Source: | ||
| 11/14/2024 | Price change | $295,000-1.6% |
Source: | ||
| 10/23/2024 | Listed for sale | $299,900+39.5% |
Source: | ||
| 7/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/27/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2024 | Sold | $215,000$53/sqft |
Source: Public Record Report a problem | ||
| 7/29/2022 | Listing removed | -- |
Source: | ||
| 7/28/2022 | Listed for sale | $215,000$53/sqft |
Source: | ||
| 7/2/2022 | Pending sale | $215,000$53/sqft |
Source: | ||
| 6/24/2022 | Listed for sale | $215,000$53/sqft |
Source: | ||
| 6/10/2022 | Pending sale | $215,000$53/sqft |
Source: | ||
| 6/6/2022 | Listed for sale | $215,000$53/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,252 | $203,100 +24.9% |
| 2024 | $3,252 -1% | $162,600 |
| 2023 | $3,286 +7% | $162,600 -1% |
| 2022 | $3,072 +17.8% | $164,300 +7% |
| 2021 | $2,608 | $153,600 +17.8% |
| 2020 | $2,608 +0.2% | $130,400 |
| 2019 | $2,604 -3.5% | $130,400 +0.2% |
| 2018 | $2,698 -3.2% | $130,200 +0.5% |
| 2017 | $2,788 +5.8% | $129,500 -2.6% |
| 2016 | $2,634 -3.4% | $133,000 +1.8% |
| 2014 | $2,726 +4% | $130,700 +0.9% |
| 2013 | $2,622 +3.9% | $129,500 +2.6% |
| 2012 | $2,524 -15.5% | $126,200 -15.5% |
| 2011 | $2,988 -3.6% | $149,400 -3.6% |
| 2010 | $3,098 -1% | $154,900 -1% |
| 2009 | $3,130 | $156,500 |
Find assessor info on the county website
Neighborhood: 47304
Nearby homes
- $--2 bd1 ba-- sqft5005 W Keller Rd #3, Muncie, IN 47304Off Market

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- $--2 bd1 ba-- sqft5009 W Keller Rd APT 7, Muncie, IN 47304Off Market
- $9002 bd1 ba800 sqft5009 W Keller Rd APT 10, Muncie, IN 47304For Rent
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Nearby schools
GreatSchools rating
- NAPleasant View Elementary SchoolGrades: K-2Distance: 3.3 mi
- 8/10Yorktown Middle SchoolGrades: 6-8Distance: 3.6 mi
- 9/10Yorktown High SchoolGrades: 9-12Distance: 3.4 mi
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- Indiana
- Delaware County
- Muncie
- 47304
- 5005 W Keller Rd