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$3,390
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$550,000 (Pending)
709 S Hutchinson Avenue Muncie, IN 47303
- 14 Beds
- 8 Baths
- 5,432 sq. Ft
Property Description for 709 S Hutchinson Avenue Muncie, IN 47303
Solid all-brick 8-plex with significant interior updates. Each unit includes its own washer/dryer. The property features 6 two-bedroom units and 2 one-bedroom units, generating approximately $68,400 in estimated annual gross rents. Furnished rental could produce an extra $5,000-$6,000 annually. Current rents are competitive, with potential for increases. Tenants are responsible for all utilities, keeping operating costs low. Situated near Ball State University and IU Ball Memorial Hospital, this property is also within walking distance of Westside Park and the newly developed skate park. Unit 1 has been a mid-term rental at $1500 a month, but could be a traditional rental, furnished rental, or short/mid-term rental. This unit will sell with all the furnishings.
Street View Not Available At this Location
Address:709 S Hutchinson Avenue Muncie IN 47303
Status:Pending
on site: 30 days
Price:$550,000
Bedrooms:14 Beds
Bathrooms:8 Full Baths
Sq. Feet:5,432
Year Built:1964
Lot Size:0.43
County: Delaware County
Township: Center
School System : Muncie Community
MLS #:202445010
Property Type:Eightplex
Lot Dimensions:150x150
Directions:White River BLVD to Hutchinson north to property.
Total Sq. Ft. :5,432
Basement:No
| Room | Size | Level |
| 2nd Bedroom | null x 650 | Info Not Available |
| 3rd Bedroom | null x 1 | Info Not Available |
| 5th Bedroom | 8 x 8 | Info Not Available |
| Kitchen | 750 x 650 | Info Not Available |
| Family Room | 695 x 650 | Info Not Available |
Semi-Annual Property Tax:$1,750
Tax Year:2024
Mandatory HOA Fee:$
Total Sq. Ft.:5,432
Tammy Parker
Additional Phone (765) 215-5523
Email tammy.parker@talktotucker.com
F.C. Tucker Company
Listing provided courtesy of Ryan Kramer with RE/MAX Real Estate Groups
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Muncie Market Report
120
Avg. DOM
$115.14
Avg. $ / Sq.Ft.
$ 150,000
Med. List Price
The house prices in Muncie are not dropping at the moment. There has been a increase in price of $40,586.01. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Muncie are going Up. The average house price is $148,950.00 and the average price per square feet is $107.75 per square feet. At the moment, the amount of homes listed is exactly 925 houses, with 224 with active status, 92 with pending status and 609 sold in Muncie .
The most popular place to buy a home in Muncie is 1808 - Delaware - Center. 1808 - Delaware - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Muncie .
The average amount of property taxes you would have to pay for a home in Muncie is $1,486.58. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Muncie are staying listed for an average of 64 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Muncie was 1977 minutes ago.
At the moment we have 5 open houses that you can visit.
The cost of the most expensive home in Muncie is $1,479,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Muncie is $15,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Muncie in year 1841 and the newest built house is in year 2024.
The average size of properties in Muncie is 1726.7 sq.ft. , the biggest one being 8226 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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