Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Brian Allardt · Cell: 765-808-1400
607 E Charles Street
Muncie, IN 47305
- Basement
- Bedrooms
- 6
- Bathrooms
- 0.5
- Living area
- 4,170 sq ft
- Lot
- 0.32 ac
- Year built
- 1855
- Type
- Other
- Listed
- August 11, 2026
- MLS #
- 202632644
About this home
A rare opportunity to own a distinctive historic property just minutes from downtown Muncie. Located at 607 E. Charles Street in the beautiful Emily Kimbrough historic area, this 1855 structure offers more than 4,000 square feet of space, two parcels, and dedicated off-street parking — all at an exceptionally approachable price point. For more than 50 years, the property was home to The Bargain Box, a longtime community organization familiar to generations of Muncie residents. Today, the building is ready for its next chapter and offers tremendous potential for an owner-user, investor, nonprofit, creative business, professional office, studio, retail concept, or redevelopment opportunity. The interior offers large rooms, multiple levels, flexible spaces, and much of the character you would expect from a historic property of this era. The property has also benefited from substantial investment and improvements over the years, making it much more than simply an older building in need of a vision. Another significant advantage is the second parcel, which provides an asphalt parking area with decorative fencing — a valuable feature for a property located this close to downtown. The location is equally compelling. The property sits among some of Muncie’s most recognizable historic homes while remaining just blocks from downtown, the Madison Street corridor, restaurants, businesses, entertainment, and ongoing redevelopment throughout the central city. With more than 4,000 square feet, two lots, private parking, historic character, and an asking price of $178,000, the possibilities here deserve a closer look. What could you create at 607 E. Charles Street?
Monthly payment estimate
$1,189/mo
- Principal & interest
- $974
- Property taxes
- $163
- Homeowners insurance
- $52
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: estimated at 1.1% of the price per year — the MLS reports no full tax bill for this home yet.
- 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
- Two
- Stories
- 2
- Total area
- 4,670 sq ft
- Finished area above grade
- 4,170 sq ft
- Unfinished area below grade
- 500 sq ft
- Below grade total
- 500 sq ft
- Bedrooms above grade
- 6
- Basement
- Crawl Space, Slab, Partial
- Flooring
- Carpet, Tile
- Heating
- Natural Gas, Conventional, Forced Air
- Cooling
- Central Air
- Amenities
- Porch Enclosed
Exterior & parking
- Construction
- Block, Brick
- Foundation
- Block, Stone
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot, 0-2.9999
- Lot size (acres)
- 0.32 ac
- Lot dimensions
- 110 x 125
- Inside city limits
- Yes
- County
- Delaware County
- Township
- Center
- Cross street
- Monroe
- Platted
- Yes
- Planned unit development
- No
- Directions
- Madison South to Charles east to SEC Charles and Monroe
Schools
- Elementary school
- East Washington Academy
- Middle school
- Northside
- High school
- Central
- School district
- Muncie Community Schools
HOA & community
- Other fees
- $324
- Other fees frequency
- Annually
- Other fees description
- storm water
Taxes & terms
- Tax year
- 0
- Assessed value
- $102,300
- Possession
- neg
- Parcel number
- 18-11-15-135-001.000-003
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- Public
- Sewer
- Public Sewer
Income & commercial
- Units
- 1
- Buildings
- 1
- Annual gross rent
- $24,000
- Net operating income
- $19,900
- Parking spaces
- 20
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel, Heat, Lawn Care, Snow Removal
- Insurance (annual)
- $1,500
- Water & sewer (annual)
- $600
- Maintenance (annual)
- $1,000
Location
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