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  • $274,000

    5118 W Preakness Ct, Muncie, IN 47304

    2beds
    1,754sqft
    Residential, Condominium
    Built in 2004
    -- sqft lot
    $274,100 Zestimate®
    $156/sqft
    $1,957 Estimated rent

    Home value

    $274,100

    $258,000 - $291,000

    $1,957/mo

    Zestimate® history
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    What's special

    Cozy gas log fireplaceFormal dining roomEat-in kitchenNewer carpetTwo walk-in closets
    Move-in ready condo located in the highly desirable Willow Lake Crossing addition! This spacious and open floor plan offers newer carpet and luxury vinyl plank flooring throughout. The great room features a soaring ceiling and cozy gas log fireplace, creating an inviting space for relaxing or entertaining. You'll love the formal dining room, den, and eat-in kitchen that provide both function and flexibility. The primary suite is a true retreat with two walk-in closets and a bonus 8x9 flex space-perfect for a sitting area, workout nook, meditation room, or yoga spot-with direct access to the covered and open patios. Enjoy low-maintenance living with access to the community clubhouse, pool, exercise room, library, and pond. Conveniently located near shopping, dining, and everyday amenities-this home offers comfort, style, and an active lifestyle all in one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Taflinger 765-748-2104,

    Taflinger Real Estate Group

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 22079171MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Bedroom 2
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Dining room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Kitchen
    • Level: Main
    • Area: 253 Square Feet
    • Dimensions: 23x11
    Laundry
    • Level: Main
    • Area: 91 Square Feet
    • Dimensions: 13x07
    Library
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Living room
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Electric Oven, Refrigerator, Water Heater, Water Softener Owned
    Features
    • Attic Pull Down Stairs, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s)
    • Has basement: No
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,754
    • Total interior livable area: 1,754 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Building Private Entry,Free Standing
    • Patio & porch: Covered, Patio
    Details
    • Parcel number: 181012226011110036
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle, Clubhouse, Fitness Center, Pool
    • Subdivision: Willow Lake Crossing
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Maintenance Grounds
    • HOA fee: $275 monthly
    Location
    • Region: Muncie

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $281,700
    • Annual tax amount: $2,714
    • Date on market: 1/8/2026
    • Cumulative days on market: 75 days

    Price history

    DateEventPrice
    4/23/2026Sold$274,000-11.6%$156/sqft
    Source: MIBOR as distributed by MLS GRID #22079171 Report a problem
    3/24/2026Pending sale$309,900
    Source: IRMLS #202600783 Report a problem
    1/8/2026Listed for sale$309,900
    Source: IRMLS #202600783 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,597 +11.9%$281,700 +8.5%
    2024$2,321 +14.9%$259,700 +11.9%
    2023$2,020 +16.6%$232,100 +14.9%
    2022$1,733 -1%$202,000 +16.6%
    2021$1,750 +7.3%$173,300 -1%
    2020$1,631 -49.4%$175,000 +7.3%
    2019$3,224 +99.1%$163,100 +1.2%
    2018$1,619 +2.1%$161,200 +6.7%
    2017$1,585 $151,100 +3%
    2016$1,585 +7.2%$146,700 +6.8%
    2014$1,479 +33%$137,300 -0.9%
    2013$1,112 +2%$138,500 -3.6%
    2012$1,090 +2%$143,600 +2.6%
    2011$1,069 -26.9%$140,000 -4.3%
    2010$1,463 +19.4%$146,300
    2009$1,226 -42.5%$146,300 -14.3%
    2006$2,130 $170,800 +30.1%
    2005-- $131,300
    Find assessor info on the county website

    Neighborhood: 47304

    Nearby schools

    GreatSchools rating
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