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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by NextHome Elite Real Estate

$160,000

Est. payment - /mo

3 Beds

2 Baths

1,320 SqFt

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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

MLS Listing ID IRM202636684

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1907

Annual Tax Amount $2,746

Tax Year 2026

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 56x130

Property Sub-Type Site-Built Home

Property Description

A great opportunity to add an income-producing property near Ball State University to your rental portfolio! This currently leased and locally managed 3-bedroom, 2-bathroom home offers 1,320 square feet with an open-concept layout and $1,635 in gross monthly rental income. The interior features grey vinyl flooring, an updated kitchen with white cabinetry, black granite countertops, stainless appliances, a breakfast bar and distinctive metal-style backsplash, plus two full bathrooms and main-level laundry. The living room features a white brick mantel, while three bedrooms and additional storage provide a functional layout throughout. Outside, the property includes a concrete driveway with partially covered parking and a small storage shed, front and rear patio areas, and additional gravel parking at the rear. Seller reports the roof is approximately 6 years old and the home was extensively remodeled in 2020, with the exception of the tile shower in the second bathroom. Seller is willing to offer 408 S. College Avenue and 1213 W. Gilbert Street together as a package for $260,000 in total. ($20,000 savings versus the individual asking prices). Disclosure: Interior photos were taken when the property was staged and do not reflect current tenant furnishings or occupancy. Furniture, decor and personal property shown in photos are not included in the sale. Property is currently leased and tenant occupied.

Location

State IN

County Delaware County

Rooms

Basement Crawl Space

Interior

Interior Features Countertops-Stone, Eat-in Kitchen, Open Floorplan, Patio Covered, Patio Open, Tub/Shower Combination, Main Floor Laundry, See Remarks

Heating Gas, Forced Air

Fireplaces Number 1

Fireplaces Type Living/Great Rm

Inclusions Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Range-Electric, Water Heater Electric

Fireplace Y

Exterior

Parking Features Concrete

Fence None

Amenities Available Sidewalks

Waterfront Description None

View Y/N true

Building

Lot Description Irregular Lot, 0-2.9999

Story One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Westview

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Pets Allowed No

Tax ID 18-11-17-233-004.000-003

Acceptable Financing IRM202636684

Listing Terms IRM202636684

Special Listing Condition None

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Mariah Cressy

+1(574) 339-4941

Broker

408 S College AVE Muncie, IN 47303

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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