new - 2 days on rocket

309 311 N Jefferson St, Muncie, IN, 47306

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
Multi

Location

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309 311 N Jefferson St, Muncie$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1916
HeatingElectric, Forced Air
CoolingCentral Air
MLS #202444238
Lot Size0.09 Acres
StatusActive

About 309 311 N Jefferson St

This conveniently located downtown 8 unit apartment building has 7 units currently rented. One unit, recently vacant, is being made ready for a new tenant. 6 units have two bedrooms, 2 units have one bedroom. Located in the Gilbert Historic District and zoned Central Business, it might be possible to use the building for other purposes, perhaps office spaces or shared/co-working office space or continue leasing apartments.

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway Indiana Realty
  • Office Phone: (765) 881-5451
  • Listing Agent: Melanie White

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  • Virtual Tour: 309 311 N Jefferson St
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Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: WYSOR TO JEFFERSON, S TO PROPERTY ON W SIDE OF STREET

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $210
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Muncie, IN.

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Muncie, IN

City

Med. Sold Price

$140.6K

Med. Price/SqFt

$96

Avg. Days On Market

36

# of Sold Homes

72

309 311 N Jefferson St vs Muncie

2 DAYS ON ROCKET

-34 Days

$500,000

+$359.3K More

KEY TAKEAWAY

This property is $359.3K more than the Median Sold Price in Muncie, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202444238

Listing Office:

  • Office Name: Berkshire Hathaway Indiana Realty
  • Office Phone: (765) 881-5451
  • Listing Agent: Melanie White

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$210$7,000
2019$1,632$76,200
2017$1,610$75,100

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-415662
6
/10

  • East Washington Academy

  • 1000 E Washington St

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-415663
3
/10

  • South View Elementary School

  • 2100 S Franklin St

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-415664
4
/10

  • Longfellow Elementary School

  • 1900 E Centennial Ave

  • 1.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,917. Typical income of Muncie, IN residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Muncie, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Muncie, IN?

Muncie's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The market is balanced, with a healthy mix of ownership and rental opportunities, catering to a range of preferences and budgets.

Is Muncie, IN a good place to live?

Muncie is celebrated for its vibrant community spirit and cultural offerings. The city prides itself on its local events, including festivals and fairs that highlight the area's history and arts scene. The community's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.

Are things conveniently located in Muncie, IN?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of specialized care. The public library system is active, providing resources and programming for residents of all ages. Retail and dining options are plentiful, reflecting Muncie's local culture and culinary diversity.

What does the transportation in Muncie, IN look like?

Transportation in Muncie includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, providing access to key areas within the city. The community is also mindful of walkability, with certain areas being more pedestrian-friendly. While specific ride-sharing services are operational, their availability may vary throughout the city.

Rocket Homes›Indiana›Delaware County›Muncie›47306›309 311 N Jefferson St

This home is located at 309 311 N Jefferson St in Muncie, IN and zip code 47306. This home was built in 1916. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $500,000.

While more than 16 listings in Muncie, IN in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 46 were sold below. The inventory of homes for sale in Muncie, IN between September 2024 and October 2024 increased by 10.1%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $140,666.

From Rocket Homes Real Estate and based on county public records data.

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