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511 E Jackson St, Muncie, IN, 47305

$114,900

Home List Price

$1,364*

Closing Credit

0 Baths
Multi

Location

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511 E Jackson St, Muncie$114,900

Buyer Closing Credits

$1,364*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1885
HeatingNatural Gas, Wall Furnace
CoolingNone
MLS #202447328
Lot Size0.10 Acres
StatusActive

About 511 E Jackson St

Great investment opportunity! This 3 unit property includes 3 1 BR 1 BA units. Updates have been completed including a water heater and many units have recent flooring and paint.. Total rents are $2,250 per month. Owner pays utilities. Can be bought in a package with 509 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Real Estate Groups
  • Office Phone: (765) 212-1111
  • Listing Agent: Ryan Orr

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Madison to Jackson, east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,900
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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

$145K

Med. Price/SqFt

$98

Avg. Days On Market

23

# of Sold Homes

100

511 E Jackson St vs Muncie

1 DAY ON ROCKET

-22 Days

$114,900

-$30.1K Less

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price in Muncie, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #202447328

Listing Office:

  • Office Name: RE/MAX Real Estate Groups
  • Office Phone: (765) 212-1111
  • Listing Agent: Ryan Orr

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: 12/17/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-4282033
6
/10

  • East Washington Academy

  • 1000 E Washington St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-4282034
3
/10

  • South View Elementary School

  • 2100 S Franklin St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-4282035
4
/10

  • Longfellow Elementary School

  • 1900 E Centennial Ave

  • 1.40 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 $23,073. Most Muncie, IN residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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.

Types of housing 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.

What is it like to live in Muncie, IN?

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.

Is it easy to get around Muncie, IN without a car?

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.

Transportation in Muncie, IN.

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›47305›511 E Jackson St

This home is located at 511 E Jackson St in Muncie, IN and zip code 47305. This home was built in 1885. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $114,900.

In November 2024, from all listings sold in Muncie, IN there were more than 14 sold above asking price, over 56 sold below and more than 28 were sold right at the asked price. In November 2024 in Muncie, IN there were 6.7% more homes for sale than in October 2024. Listings spent 23 days on the market in November 2024, and had a median list price of $145,000 during the same period.

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

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