Listing courtesy of NextHome Elite Real Estate · Listing agent: Kathy J Smith · Cell: 765-717-9910

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1602 W Adams Street

$80,000

$77.67 / sq ft

Est. $624/mo

Muncie, IN 47303

Original price $104,900 · Price reduced on October 6, 2026

  • Basement
  • Energy efficient
Bedrooms
3
Bathrooms
1
Living area
1,030 sq ft
Lot
0.11 ac
Year built
1905
Type
Other
Listed
July 29, 2026
MLS #
202630591

About this home

3 Bedroom Investment Property close to BSU Campus. Currently rented at $725.00 per month on a month-to-month lease.

Monthly payment estimate

$624/mo

Principal & interest
$438
Property taxes
$163
Homeowners insurance
$23
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Stories
1
Total area
1,030 sq ft
Finished area above grade
1,030 sq ft
Main level
1,030 sq ft
Bedrooms above grade
3
Basement
Partial
Flooring
Vinyl
Heating
Gas, Forced Air
Cooling
Window Unit(s)
HVAC
High Efficiency Furnace
Amenities
Countertops-Laminate, Porch Covered
Windows
Double Pane Windows

Exterior & parking

Style
Traditional
Construction
Vinyl Siding
Roof
Shingle
Foundation
Block
Private pool
No
New construction
No
Energy-efficient features
HVAC

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.11 ac
Lot dimensions
40x125
Location type
City/Town/Suburb
Inside city limits
Yes
County
Delaware County
Township
Center
Platted
Yes
Planned unit development
No
Directions
Gps Friendly

Schools

Elementary school
Westview
Middle school
Northside
High school
Central
School district
Muncie Community Schools

Taxes & terms

Annual taxes
$1,950
Tax year
2026
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
Tenant Rights
Parcel number
18-11-16-101-011.000-003

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
CenterPoint Energy
Water provider
Indiana American Water Co
Cable / internet provider
Comcast/Xfinity

Income & commercial

Units
1
Net operating income
-$1,950
Lease term
Month To Month
Parking spaces
2
Pets allowed
No
Tenant pays
Cable TV, Electricity, Fuel, Sewer, Trash Collection, Water
Electric meters
1
Gas meters
1
Water meters
1

Units

UnitCountBedsBathsRentGarage
——31$795—

Location

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