1320 E  Main St, Muncie, IN 47305
Property image
Property image
SOLD
DEC 26, 2025

1320 E Main St
Muncie, IN 47305

East Central
  • 8 Beds
  • 3 Baths

$170,000

Last Sold: Dec 26, 2025
11% below list $190K

$170,000

Last Sold: Dec 26, 2025
11% below list $190K
8 Beds
3 Baths

Local Information

  • Map ViewExplore the area around 1320 E Main St.
  • Schools2 Preschool Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1965

About this House

Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack" their way to financial freedom. Investment Highlights Three Streams of Income: With all three units fully leased to reliable tenants, you'll benefit from a powerful, diversified income stream from day one. Unlike single-family homes, a triplex significantly mitigates the financial impact of a single vacancy. Prime Muncie Location: Situated in a high-demand area near [mention a specific local landmark, e.g., Ball State University, downtown Muncie, IU Health Ball Memorial Hospital], this property consistently attracts a strong pool of tenants, including students, faculty, and young professionals. Its proximity to jobs, dining, and entertainment ensures low turnover and competitive rental rates. Strong Financial Performance: Muncie's real estate market is on the rise, with home values and rental rates seeing consistent growth. This triplex is a high-performing asset that offers both immediate, attractive cash flow and the potential for a substantial increase in value over time.
1320 E Main St, Muncie, IN 47305 is a 8 bedroom, 3 bathroom multi-family in East Central, built in 1965. It last sold for $170,000 on Dec 26, 2025 (11% below the $190,000 asking price). It is currently off market. The Trulia Estimate is $171,700, with a rent estimate of $865/month.

Home Details for 1320 E Main St

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3
Heating & Cooling
Heating: Electric,BaseboardHas HeatingHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
Security
Security: Smoke Detector(s)

Exterior Features

Frontage
Road Frontage: Frontage Road

Days on Market

Cumulative Days on Market: 66

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Triplex
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 181110490022000003

Price & Status

Price
List Price: $190,000
Status Change & Dates
Off Market Date: Mon Nov 10 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: MuncieCommunity: No Subdivision
School Information
High School District: Muncie Community Schools

Lot Information

Lot Area: 4791.6 sqft

Miscellaneous

BasementMls Number: 22055484
Last check for updates: about 22 hours ago
Listed by Justin Lowe
Ellsbury Group
David Orton, (317) 412-1572
Ellsbury Group
Source: MIBOR as distributed by MLS GRID, MLS#22055484

Price History for 1320 E Main St

DatePriceEventSource
12/26/2025$170,000Sold
MIBOR as distributed by MLS GRID #22055484
11/10/2025$190,000PendingMIBOR as distributed by MLS GRID #22055484
09/24/2025$190,000PendingToActiveMIBOR as distributed by MLS GRID #22055484
08/25/2025$190,000PendingMIBOR as distributed by MLS GRID #22055484
08/07/2025$190,000Listed For SaleMIBOR as distributed by MLS GRID #22055484
03/24/2021ListingRemovedN/A
12/09/2015$15,000ListingRemovedN/A
12/07/2015$15,000Listed For SaleN/A

Market trends in Muncie

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$171K
$5.67K
MoM
Sale-to-List Price
99.3%
1.1%
MoM
Price per sq ft
$121
$7
MoM
Available listings
304
8
MoM
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Property Tax and Assessment

Year2025
Tax$1,034
Assessment$64,200
Home facts updated by county records

Comparable Sales for 1320 E Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Multi-Family Home
$140,000
12/26/25
7
2
-
0.40
Multi-Family Home
$105,000
04/17/26
7
3
2,544
0.97
Multi-Family Home
$190,000
08/28/25
4
4
2,928
0.88
Multi-Family Home
$89,000
12/03/25
4
2
2,400
0.88
Multi-Family Home
$100,000
02/27/26
3
4
-
0.42
Multi-Family Home
$50,000
08/14/25
2
2
-
0.56
Multi-Family Home
$90,000
09/30/25
3
1
1,200
1.03
Multi-Family Home
$180,900
03/20/26
12
5
2,092
1.13
Multi-Family Home
$105,500
05/08/26
6
4
2,968

Nearby homes

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Assigned Schools

These are the assigned schools for 1320 E Main St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about East Central

At least 8 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 90 % Say parking is easy

  • 80 % Say there are sidewalks

  • 78 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 70 % Say car is needed

  • 62 % Say kids play outside

  • 60 % Say it's walkable to restaurants

  • 46 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 42 % Say people would walk alone at night

  • 36 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

  • 17 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • farmlady212
    "Nice neighbors. Clean tow. Houses have alot of charm and detailing."
  • Lowell B.
    "I grew up here and always felt safe and everything was close by."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1320 E Main St

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Off Market Homes Near 1320 E Main St

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Frequently asked questions about 1320 E Main St

  • What is 1320 E Main St estimated to be worth?
    Trulia's estimated value for 1320 E Main St in Muncie, IN is $171,700.
  • What is the price history for 1320 E Main St?
    1320 E Main St in Muncie, IN last sold for $170,000 in December 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 $171K. That is up $5.67K from the prior month.
Based on information submitted to the MLS GRID as of 2026-08-07 12:32:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information