Listing courtesy of NextHome Elite Real Estate · Listing agent: Rebekah Hanna · Cell: 765-760-4556
1307 S Ebright Street
Muncie, IN 47302Galliher(s)
- Basement
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,040 sq ft
- Lot
- 0.12 ac
- Year built
- 1924
- Type
- Other
- Listed
- August 11, 2026
- MLS #
- 202632561
About this home
Fully leased investment property! This property consists of two homes on one parcel. The main home is 1040 sf with 3 bedrooms, 1 bath, and an unfinished basement. The second home is approx 400 sf with 1 bedroom and 1 bath. The main home is rented for $999 and the lease is through 3/31/2027. The second home is rented for $675 and the lease is through 6/30/2027. Tenants pay all utilities. Electric and gas are paid directly by the tenants and property manager bills back the water and sewer to the tenants. This property makes great cash flow and is ready for you to add to your portfolio!
Monthly payment estimate
$746/mo
- Principal & interest
- $657
- Property taxes
- $54
- Homeowners insurance
- $35
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Detached
- Stories
- 1
- Total area
- 2,080 sq ft
- Finished area above grade
- 1,040 sq ft
- Unfinished area below grade
- 1,040 sq ft
- Main level
- 1,040 sq ft
- Below grade total
- 1,040 sq ft
- Bedrooms above grade
- 3
- Basement
- Full, Unfinished
- Flooring
- Carpet
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Basement
Exterior & parking
- Style
- Traditional
- Construction
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Block
- Parking
- Off Street, On Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Galliher(s)
- Lot features
- Level
- Lot size (acres)
- 0.12 ac
- Lot dimensions
- 43x120
- Location type
- City/Town/Suburb
- County
- Delaware County
- Township
- Center
- Lots
- 62
- Platted
- Yes
- Planned unit development
- No
- Directions
- Willard to Ebright. S to Property.
Schools
- Elementary school
- Southview
- Middle school
- Southside
- High school
- Central
- School district
- Muncie Community Schools
Taxes & terms
- Annual taxes
- $646
- Tax year
- 2026
- Assessed value
- $29,500
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- Tenants rights
- Parcel number
- 181115405018000003
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- AEP/I&M
- Gas provider
- CenterPoint Energy
- Water provider
- Indiana American Water Co,Muncie Sanitary Dist.
Income & commercial
- Units
- 2
- Buildings
- 2
- Annual gross rent
- $20,088
- Net operating income
- $18,538
- Lease term
- 12 Months
- Parking spaces
- 1
- Pets allowed
- No
- Tenant pays
- Electricity, Heat
- Electric meters
- 2
- Gas meters
- 2
- Water meters
- 1
- Insurance (annual)
- $904
Location
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