Active

$114,900

512 S Talley Ave, Muncie, IN 47303

3beds

1,191sqft

$796/mo

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Multi Family

Built in 1919

-- sqft lot

$108,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Long term tenant in this investment property. Currently leased for $925.00 a month on a month to month basis. Property is close to IU Hospital and BSU.

31 days
203
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Forced Air, High Efficiency Furnace

Cooling

Central Air

Features

Laminate Counters
Flooring: Carpet
Windows: Double Pane Windows
Basement: Full,Unfinished,Block

Interior area

Total structure area: 1,739
Total interior livable area: 1,191 sqft
Finished area above ground: 1,191
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Features

Levels: One
Stories: 1
Fencing: None

Lot

Size: 6,969 Square Feet
Dimensions: 50x142
Features: Level, City/Town/Suburb

Details

Additional structures: None
Parcel number: 181117232003.000003
Zoning: R-3

Construction

Type & style

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

Materials

Aluminum Siding
Roof: Shingle

Condition

New construction: No
Year built: 1919

Utilities & green energy

Electric: AEP/I&M
Gas: CenterPoint Energy
Sewer: City
Water: City, Indiana American Water Co
Utilities for property: Cable Available

Community & HOA

Community

Features: None
Subdivision: West Side / Westside

Location

Region: Muncie

Financial & listing details

Tax assessed value: $95,900
Annual tax amount: $2,026
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, Heating, Sewer, Trash Collection, Water

Estimated market value

$108,100

$103,000 - $114,000

$1,000/mo

Price history

Date	Event	Price
7/29/2026	Listed for sale	$114,900
Source: IRMLS #202630521 Report a problem
5/22/2026	Listing removed	$114,900
Source: IRMLS #202534530 Report a problem
9/19/2025	Price change	$114,900-4.2%
Source: IRMLS #202534530 Report a problem
8/28/2025	Listed for sale	$119,900
Source: IRMLS #202534530 Report a problem
1/17/2020	Listing removed	$725$1/sqft
Source: Blue Sky Property Management, LLC Report a problem
12/20/2019	Price change	$725-3.3%$1/sqft
Source: Blue Sky Property Management, LLC Report a problem
12/14/2019	Listed for rent	$750$1/sqft
Source: Blue Sky Property Management, LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,676 +12.9%	$95,900 +14.4%
2024	$1,484 +19.5%	$83,800 +12.9%
2023	$1,242 +1.3%	$74,200 +19.5%
2022	$1,226 +14.4%	$62,100 +1.3%
2021	$1,072 +3.3%	$61,300 +14.4%
2020	$1,038 +4.2%	$53,600 +3.3%
2019	$996 -9.1%	$51,900 +4.2%
2018	$1,096	$49,800 +0.8%
2017	$1,096 +8.3%	$49,400
2016	$1,012 -6.6%	$49,400 +3.8%
2014	$1,084 +14.8%	$47,600 +0.8%
2013	$944 -3.7%	$47,200 -3.7%
2012	$980 -8.6%	$49,000 -8.6%
2011	$1,072	$53,600
2010	$1,072 -7.4%	$53,600 -7.4%
2009	$1,158	$57,900