Looking for a multi family unit? This is the perfect place for you! This multi family residential home consists of 4 total units. All units consist of 1 bedroom studios and 1 bathroom. One unit is currently occupied with a tenant the other three are vacant. Has had basic improvements such as new floors and paint. The units are all open concepts and are ready for their new owner and tenants! Located in Muncie Indiana, near Ball State University, and would be a perfect fit for any investor or owner that wants to add extra profit to their income. This is a must see and won't be on the market for long!
Sold
$120,000
514 W Memorial Dr, Muncie, IN 47302
1beds
1baths
--sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$--/sqft
$718 Estimated rent
Home value
Not available
Estimated sales range
Not available
$718/mo
Zestimate® history
Owner options
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$718/mo
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$718/mo
Rent Zestimate®
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$589/mo
Est. payment
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$589/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
James Gilday 317-797-5062,
Keller Williams Indpls Metro N
Bought with:
Tina Coons
RE/MAX Real Estate Groups
Source: MIBOR as distributed by MLS GRID,MLS#: 21916786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Property
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 181116460029000003
- Zoning: Residential 1-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1890
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $51,900
- Annual tax amount: $892
- Date on market: 4/21/2023
- Cumulative days on market: 345 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listing removed | $115,900 |
Source: eXp Realty #202539408 Report a problem | ||
| 11/14/2025 | Pending sale | $115,900 |
Source:  IRMLS #202539408 Report a problem | ||
| 11/11/2025 | Price change | $115,900+5.5% |
Source: IRMLS #202539408 Report a problem | ||
| 11/3/2025 | Price change | $109,900-2.7% |
Source: IRMLS #202539408 Report a problem | ||
| 10/29/2025 | Price change | $112,900-0.9% |
Source: IRMLS #202539408 Report a problem | ||
| 10/21/2025 | Price change | $113,900-0.9% |
Source: IRMLS #202539408 Report a problem | ||
| 10/16/2025 | Price change | $114,900-2.5% |
Source: IRMLS #202539408 Report a problem | ||
| 10/13/2025 | Price change | $117,900-1.7% |
Source: IRMLS #202539408 Report a problem | ||
| 10/7/2025 | Price change | $119,900-6.3% |
Source: IRMLS #202539408 Report a problem | ||
| 9/29/2025 | Listed for sale | $127,900+6.6% |
Source: IRMLS #202539408 Report a problem | ||
| 8/3/2023 | Sold | $120,000-11.1% |
Source:  MIBOR as distributed by MLS GRID #21916786 Report a problem | ||
| 6/10/2023 | Pending sale | $135,000 |
Source: IRMLS #202314956 Report a problem | ||
| 5/31/2023 | Price change | $135,000-9.9% |
Source: MIBOR as distributed by MLS GRID #21916786 Report a problem | ||
| 5/26/2023 | Price change | $149,900-6.3% |
Source: MIBOR as distributed by MLS GRID #21916786 Report a problem | ||
| 5/10/2023 | Price change | $160,000-8.6% |
Source: IRMLS #202314956 Report a problem | ||
| 4/21/2023 | Listed for sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21916786 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $840 | $51,900 +23.6% |
| 2024 | $840 -1.2% | $42,000 |
| 2023 | $850 +8.4% | $42,000 -1.2% |
| 2022 | $784 0% | $42,500 +8.4% |
| 2021 | $784 | $39,200 |
| 2020 | $784 +50.2% | $39,200 |
| 2019 | $522 -11.8% | $39,200 +50.2% |
| 2018 | $592 | $26,100 +7.9% |
| 2017 | $592 -50.1% | $24,200 |
| 2016 | $1,186 -5.7% | $24,200 -58.8% |
| 2014 | $1,258 +10.1% | $58,800 +5.8% |
| 2013 | $1,143 +4.8% | $55,600 +2% |
| 2012 | $1,090 +9.4% | $54,500 +9.4% |
| 2011 | $996 -0.2% | $49,800 -0.2% |
| 2010 | $998 +8% | $49,900 +8% |
| 2009 | $924 | $46,200 |
Find assessor info on the county website
Neighborhood: Thomas Park/Avondale
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10South View Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Muncie Central High SchoolGrades: PK-12Distance: 1.6 mi
- 2/10Southside Middle SchoolGrades: 6-8Distance: 1.6 mi
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- Indiana
- Delaware County
- Muncie
- 47302
- Thomas Park/Avondale
- 514 W Memorial Dr
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