Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Steve Slavin · Cell: 317-701-5006
712 W Ashland Avenue
Muncie, IN 47304Alameda Place
- 1-car garage
- Basement
- Energy efficient
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 2,060 sq ft
- Lot
- 0.14 ac
- Year built
- 1903
- Type
- Site-Built Home
- Listed
- September 25, 2026
- MLS #
- 202639861
About this home
Excellent investment opportunity near Ball State University with an established lease already in place! This charming two-story home offers 2,060 square feet of living space, four bedrooms, two full baths, and a detached one-car garage. The home’s character continues to the third floor, where a spiral staircase leads to a loft-style fourth bedroom—a unique and flexible space. The property is currently rented for $1,545 per month through July 2027, providing immediate rental income for the next owner. The tenants would like to remain beyond the current lease term, making this an especially appealing option for an investor seeking an occupied property without the immediate need to locate new tenants. Recent improvements include a remodeled bathroom, replacement of portions of the roof, and several newer windows. Conveniently located between Ball State University and Downtown Muncie, this property offers easy access to campus, dining, entertainment, and other nearby amenities.
Monthly payment estimate
$1,463/mo
- Principal & interest
- $1,095
- Property taxes
- $310
- Homeowners insurance
- $58
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 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
- Two
- Total rooms
- 7
- Total area
- 2,060 sq ft
- Finished area above grade
- 2,060 sq ft
- Main level
- 1,106 sq ft
- Upper level
- 954 sq ft
- Bedrooms above grade
- 4
- Full baths, main level
- 1
- Full baths, upper level
- 1
- Basement
- Full, Unfinished
- Flooring
- Hardwood, Carpet, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- HVAC
- High Efficiency Furnace
- Laundry
- Electric Dryer Hookup, Main Level
- Interior features
- Countertops-Laminate, Detector-Smoke, Range/Oven Hook Up Elec, Main Floor Laundry, Washer Hook-Up
Exterior & parking
- Style
- Traditional
- Construction
- Wood Siding
- Roof
- Asphalt, Shingle
- Foundation
- Block
- Garage spaces
- 1
- Attached garage
- No
- Garage type
- Detached
- Garage sq ft
- 216 sq ft
- Parking
- Garage Door Opener, Concrete
- Private pool
- No
- Fencing
- Partial, Privacy, Wood
- New construction
- No
- Energy-efficient features
- Roof
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Alameda Place
- Lot features
- Landscaped, Level, 0-2.9999
- Lot size (acres)
- 0.14 ac
- Lot dimensions
- 50X125
- Location type
- City/Town/Suburb
- County
- Delaware County
- Township
- Center
- Cross street
- Riverside
- Platted
- Yes
- Planned unit development
- No
- Directions
- Wheeling Ave, W on Ashland to home on North.
Schools
- Elementary school
- Westview
- Middle school
- Northside
- High school
- Central
- School district
- Muncie Community Schools
HOA & community
- Association restrictions
- No
Taxes & terms
- Annual taxes
- $3,722
- Tax year
- 2025
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional, FHA, VA
- Possession
- Day of Close
- Parcel number
- 18-11-09-406-012.000-003
Included in the sale
- Included in sale
- Dishwasher,Refrigerator,Cooktop-Electric,Oven-Electric
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- AEP/I&M
- Gas provider
- CenterPoint Energy
- Water provider
- Indiana American Water Co,Muncie Sanitary Dist.
- Cable / internet provider
- Comcast/Xfinity,AT&T
Income & commercial
- Gas meters
- 7
Location
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