$187,900
- 1 Bed
- 1.5 Baths
- 2,992 sqft
109-107 E Main St, Muncie, IN 47305
Est. Refi. Payment $1,215/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 17, 2025 for $430,000
Home Value
Trulia Estimate
$188KSince last month
Decreased$3K (-1.6%)Since last year
Increased$45K (+31.7%)Since last sale
Decreased$244K (-56.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +32% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $186K |
| August 2026 | $189K |
| July 2026 | $160K |
| June 2026 | $193K |
| May 2026 | $193K |
| April 2026 | $182K |
| March 2026 | $184K |
| February 2026 | $134K |
| January 2026 | $137K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $95,000 | 04/30/26 | 5 | 2 | 2,212 | |
0.54 | Multi-Family Home | $89,000 | 12/03/25 | 4 | 2 | 2,400 | |
0.51 | Multi-Family Home | $168,000 | 11/07/25 | 6 | 4 | 3,143 | |
0.31 | Multi-Family Home | $180,900 | 03/20/26 | 12 | 5 | 2,092 | |
0.64 | Multi-Family Home | $105,000 | 04/17/26 | 7 | 3 | 2,544 | |
0.56 | Multi-Family Home | $90,000 | 09/30/25 | 3 | 1 | 1,200 | |
0.59 | Multi-Family Home | $85,000 | 11/13/25 | 2 | 2 | - | |
0.92 | Multi-Family Home | $268,000 | 12/05/25 | 8 | 6 | 3,331 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $570,000 | 2 | 2 | 4,641 | Recently Sold | |
0.02 | $570,000 | 2 | 2 | 6,741 | Recently Sold | |
0.06 | $395,700 | 2 | 2 | 1,992 | Off Market | |
0.01 | $58,900 | - | - | - | For Sale | |
0.01 | - | - | - | - | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | $27,500 | - | - | - | For Sale | |
0.01 | - | - | - | - | Off Market | |
0.04 | $16,000 | - | - | - | For Sale | |
0.12 | $137,000 | 1 | 1 | 950 | Recently Sold | |
0.12 | $164,100 | 1 | 2 | 1,126 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1927
2,992 sqft
$63/sqft
5 Parking Spaces
About this House
After a complete remodel, this exceptional downtown Muncie property is now available and ready for a new owner. The main level has been transformed into a stunning retail space, currently leased by Parlour, one of Muncie’s premier salons. The first floor offers a welcoming retail area with custom-built-ins, a luxurious ADA-accessible restroom, a stylish kitchenette, two private office spaces, multiple storage closets, and a staircase that leads to the upstairs apartment. For privacy, this staircase has been closed off, allowing each level to function independently. The upstairs apartment is a true showpiece. It features a Richard’s Kitchen & Bath design with top-of-the-line Mouser cabinetry, quartz countertops, and high-end GE Café appliances. With vaulted 14-foot ceilings, a loft space for additional guests, custom closet systems, and a spa-like bathroom with laundry, this unit is both functional and luxurious. Given its location in the heart of downtown, it could easily become one of the most desirable Airbnb rentals in Muncie. There is an opportunity to purchase the adjacent 107 E Main Street building for an additional $80,000. The 107 property, formerly The Mark III Tap Room, retains its original wood bar, offers an upstairs office, and includes Phase 3 electrical, making it a strong candidate for future redevelopment. This building is 2,000 SF on the main floor and around 600 SF on the 2nd floor. Initially, the 107 building will only be sold in conjunction with 109. The Parlour Salon is income-producing with the lease at $2,180 per month through January 31, 2030. The tenant pays utilities, and the lease includes a five-year renewal option with a 5% rent increase for the next term. Recent updates include all new plumbing, electrical, roof, windows, two furnaces and AC units, a water heater, and Nest camera systems. The property also has a rare basement with poured walls. In addition to its excellent condition and strong tenant, this property is located within Muncie’s River District, which makes it eligible for a highly sought-after three-way liquor license from the city for only $2,000. NOTE: Muncie just released the application for facade grant money, and this 107 building qualifies. This is a rare opportunity to acquire a fully remodeled, income-generating downtown property with long-term stability, prime location, and tremendous future potential.
109-107 E Main St, Muncie, IN 47305 is a 1 bedroom, 2 bathroom, 2,992 sqft multi-family in Downtown, built in 1927. It last sold for $430,000 on Oct 17, 2025 (19% above the $360,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $187,900, with a rent estimate of $940/month.
Last check for updates: about 6 hours ago
Listed by Steve Slavin, (317) 701-5006
Coldwell Banker Real Estate Group
Bought with: Steve Slavin, (317) 701-5006, Coldwell Banker Real Estate Group
Source: IRMLS, MLS#202533814

Home Details for 109-107 E Main St
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Interior Details Basement: Crawl Space,Partial,Full,Unfinished,Block,Concrete,Stone,Sump Pump |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2992 Square Feet |
Appliances & Utilities Utilities: Cable AvailableAppliances: Electric Water Heater, Water Softener RentedLaundry: Washer Hookup |
Heating & Cooling Heating: Natural Gas,Forced Air,High Efficiency FurnaceHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: AEP/I&MGas: CenterPoint Energy |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Mixed, Wood, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Mixed, Wood, Tile |
Security Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: RubberFencing: NoneOther Structures: NoneFoundation: Basement |
Parking & Garage No GarageParking Spaces: 5Parking: Parking Lot,Public,On Street |
Frontage Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 2992 Square Feet |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: HistoricArchitecture: Traditional |
Building Construction Materials: Brick, MasoniteNot a New ConstructionHas Additional ParcelsDoes Not Include Home Warranty |
Property Information Included in Sale: Building, Land, LeaseParcel Number: 181110363003.000003Additional Parcels Description: 1110363003000 |
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Price List Price: $360,000 |
Status Change & Dates Off Market Date: Fri Aug 29 2025 |
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MLS Status: Closed |
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Direction & Address City: MuncieCommunity: None |
School Information Elementary School: East Washington AcademyElementary School District: Muncie Community SchoolsJr High / Middle School: NorthsideJr High / Middle School District: Muncie Community SchoolsHigh School: CentralHigh School District: Muncie Community Schools |
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Buyer Agent Buyer Company Name: Slavin Property Group |
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Building Area Building Area: 4992 Square Feet |
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Community Features: None |
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Lot Area: 6098.4 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Energy Efficiency Features: Appliances, Doors, Lighting, HVAC, Insulation, Roof, Thermostat, Windows |
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Expense Tenant Pays: Cooling, Electricity, Fuel, Heating, Sewer, Trash Collection, Water |
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Owner Pays: Insurance, Maintenance, Taxes, Water Softener |
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BasementMls Number: 202533814Attribution Contact: Cell: 317-701-5006Above Grade Unfinished Area: 2992 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 17, 2025 Source: IRMLS #202533814 | Sold | $430,000 |
Aug 29, 2025 Source: IRMLS #202533814 | Pending | $360,000 |
Aug 23, 2025 Source: IRMLS #202533814 | Listed For Sale | $360,000 |
Market trends in Muncie
Last updated August 2026
Avg. sale price
$174K
$1.33KMoM
Sale-to-List Price
98.6%
0.4%MoM
Price per sq ft
$115
$5MoM
Available listings
333
3MoM
Around this home
What Locals Say about Downtown
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's quiet
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about 109-107 E Main St
- What is 109-107 E Main St estimated to be worth?Trulia's estimated value for 109-107 E Main St in Muncie, IN is $187,900.
- What is the price history for 109-107 E Main St?109-107 E Main St in Muncie, IN last sold for $430,000 in October 2025.
- Is Muncie a buyer's or seller's market?Muncie is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Muncie?The median sale price in Muncie is $174K. That is up $1.33K from the prior month.
- Does 109-107 E Main St have air conditioning?Yes, 109-107 E Main St in Muncie, IN has air conditioning.
- Does 109-107 E Main St have laundry facilities?Yes, 109-107 E Main St in Muncie, IN has laundry facilities.

