312 S Gharkey Street
Muncie, IN 47305
- 4 beds
- 2 baths
- 1,736 sqft
- 2,614 sqft lot
- $302 per sqft
- 1910 build
Fully rehabbed 4/2 rental property in Muncie's historic Old West End. Close to Ball State Campus and Ivy Tech. Home is a converted duplex. Rehab was completed 2022. Rent is currently $1000 per month. Market does support rent of $1100 plus per month. Property is being offered as part of a package of 5 properties. BLC #22027138, 22027140, 22027142, 22027145. Total package NOI is $3700 monthly for an 8.5% cap rate at current rent and expenses. Listing agent to arrange showings. Allow 24hrs notice for showing request, proof of funds is required for all showings. Sellers will not work with wholesalers or consider seller finance options.
Last checked:
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Last updated Mar 17, 2025
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MLS# 22027133 —
The Building
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Year Built:1910
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New Construction:false
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Construction Materials:Vinyl Siding, Wood
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Architectural Style:TraditonalAmerican
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Levels:One and One Half
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Basement:true
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Foundation Details:Block
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Patio And Porch Features:Covered Porch
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Accessibility Features:No
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Green Certification:No
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Building Area Total:2700
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior Features:Hardwood Floors, Eat-in Kitchen, Screens Complete, Windows Vinyl, Wood Work Painted
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Eating Area:Dining Combo/Family Room
Room Dimensions
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SqFt:1736
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Main Level SqFt:1736
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Living Area:1736
Location
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Directions:GPS Friendly
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Latitude:40.191562
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Longitude:-85.393059
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:181116209015000003
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Acres:<1/4 Acre
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Lot Size Acres:0.06
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Lot Size SqFt:2,614 Sqft
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Price Per Acre:8750000
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 903-9786
- Office phone:
- (317) 412-1572
Taxes
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Tax Lot:162
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Tax Year:2023
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Semi Annual Property Tax Amt:188
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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Main Level Bedrooms:2
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# of Bedrooms Upper:2
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:1
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Full Baths Upper:1
Heating & Cooling
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Heating:Baseboard
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Cooling:None
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Fuel:No Fuel Source
Utilities
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Electric Oven, Refrigerator, Water Heater
Schools
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High School District:Muncie Community Schools
The Community
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Subdivision Name:No Subdivision
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Association:false
Parking
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Garage:false
Monthly cost estimate

Asking price
$525,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,811
|
Taxes | $31 |
Insurance | $144 |
Utilities | $218 See report |
Total | $3,204/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/17/25
Mar 17, 2025
|
Listed / Active | MIBOR | $525,000 | |
2/22/22
Feb 22, 2022
|
MIBOR | $10,000 | ||
2/9/22
Feb 9, 2022
|
MIBOR | $10,000 |