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  • $192,500

    509 E Jackson St, Muncie, IN 47305

    7beds
    3,072sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Newer paint and flooringWater heater
    Great investment opportunity! This 7 unit property includes 6 units in the main house and another unit located behind the house. Many updates have been completed including newer paint and flooring, most plumbing has been redone, gas wall heaters in every unit, sump pump in the basement, and water heater. 6 of the 7 units are currently rented. Total rents are $3,949 per month. Owner pays utilities. Can be bought in a package with 511 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Orr Cell:765-744-9500,

    RE/MAX Real Estate Groups

    Bought with:

    Realtor NonMember MEIAR

    NonMember MEIAR

    Source: IRMLS,MLS#: 202447333MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • None
    Features
    • Eat-in Kitchen
    • Flooring: Other
    • Basement: Crawl Space,Partial
    Interior area
    • Total structure area: 3,746
    • Total interior livable area: 3,072 sqft
    • Finished area above ground: 3,072
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 32x125
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 181115126002.000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone, Vinyl Siding, Other
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: Muncie

    Financial & listing details

    • Tax assessed value: $93,700
    • Annual tax amount: $1,516
    • Date on market: 12/16/2024
    • Inclusions: Building, Lease
    • Lease term: 12 Months
    • Total actual rent: 53088
    • Tenant pays: None

    Price history

    DateEventPrice
    3/4/2025Sold$192,500-3.7%
    Source: IRMLS #202447333 Report a problem
    1/8/2025Pending sale$199,900
    Source: IRMLS #202447333 Report a problem
    12/28/2024Listing removed$500
    Source: Zillow Rentals Report a problem
    12/27/2024Listed for rent$500-16.7%
    Source: Zillow Rentals Report a problem
    12/16/2024Listed for sale$199,900
    Source: IRMLS #202447333 Report a problem
    2/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/26/2024Listed for rent$600+4.3%
    Source: Zillow Rentals Report a problem
    1/18/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/9/2024Listed for rent$575+2.7%
    Source: Zillow Rentals Report a problem
    7/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/5/2023Listed for rent$560
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,516 0%$93,700 +23.6%
    2024$1,516 -1.2%$75,800
    2023$1,534 +9.1%$75,800 -1.2%
    2022$1,406 +4%$76,700 +9.1%
    2021$1,352 $70,300 +4%
    2020$1,352 +0.4%$67,600
    2019$1,346 -6.9%$67,600 +0.4%
    2018$1,446 $67,300 +0.6%
    2017$1,446 +15.5%$66,900
    2016$1,252 -5.4%$66,900 +7.7%
    2014$1,324 +5.2%$62,100 +1.1%
    2013$1,259 +4.7%$61,400 +2.2%
    2012$1,202 -25.5%$60,100 +11.7%
    2009$1,614 $53,800
    Find assessor info on the county website

    Neighborhood: East Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Washington Academy
    • Middle: Southside
    • High: Central
    • District: Muncie Community Schools

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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