1506 E  Main St, Muncie, IN 47305
OFF MARKET

1506 E Main St
Muncie, IN 47305

East Central
  • 4 Beds
  • 2 Baths
  • 1,944 sqft

$87,600

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $576/mo*

$87,600

Trulia Estimate
as of May 22, 2026
Est. Refi. Payment $576/mo*
4 Beds
2 Baths
1,944 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Investors, here’s a great opportunity to check out this property needs work, and is ready to fix and flip! This property was once a single family home and converted to a 2 unit property. These 2 units were recently rented for $500 and $700 per month, tenants pay utilities. Separate electric and gas meters. Each unit has 2 bedrooms, 1 bathroom, living room, and kitchen. The downstairs unit also has access to the basement with washer and dryer hookups. Detached garage has 2 separate sides.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 01, 2024

Home Highlights

Parking
2 Parking Spaces
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1506 E Main St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1944 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: AEP/I&M
Windows, Doors, Floors & Walls
Flooring: Mixed
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Mixed

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Porch CoveredFencing: NoneOther Structures: NoneFoundation: Basement
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Detached,Off Street
Frontage
Waterfront: LakeNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1944 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Shingle Siding, Vinyl Siding, Wood SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: BuildingParcel Number: 181110492007.000003

Price & Status

Price
List Price: $64,900
Status Change & Dates
Off Market Date: Mon Jun 17 2024

Location

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

Building

Building Area
Building Area: 2964 Square Feet

Lot Information

Lot Area: 6098.4 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Lease Term: NoneOwner Pays: Taxes

Miscellaneous

BasementMls Number: 202415430Attribution Contact: Cell: 765-881-5451Above Grade Unfinished Area: 1944
Last check for updates: about 8 hours ago
Listed by Melanie White, (765) 881-5451
Berkshire Hathaway Indiana Realty
Bought with: Grant Gorman, Green Forest Realty
Source: IRMLS, MLS#202415430

Price History for 1506 E Main St

DatePriceEventSource
07/31/2024$57,000Sold
IRMLS #202415430
06/17/2024$64,900PendingIRMLS #202415430
06/12/2024$64,900PriceChange
IRMLS #202415430
05/03/2024$68,900Listed For SaleIRMLS #202415430
04/23/2019$48,445Sold
IRMLS #201906748
02/28/2019$25,000Listed For SaleAgent Provided
04/25/2005$8,000Sold
IRMLS #20025882
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Property Tax and Assessment

Year2025
Tax$1,050
Assessment$65,600
Home facts updated by county records

Comparable Sales for 1506 E Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Multi-Family Home
$129,000
04/30/26
4
2
1,754
0.47
Multi-Family Home
$105,000
04/17/26
7
3
2,544
0.12
Multi-Family Home
$140,000
12/26/25
7
2
-
0.99
Multi-Family Home
$89,000
12/03/25
4
2
2,400
0.65
Multi-Family Home
$90,000
09/30/25
3
1
1,200
0.13
Multi-Family Home
$170,000
12/26/25
8
3
-
0.98
Multi-Family Home
$125,000
12/17/25
6
2
2,808
1.39
Multi-Family Home
$50,000
08/19/25
4
2
1,880
1.33
Multi-Family Home
$95,000
04/30/26
5
2
2,212

Nearby homes

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Assigned Schools

These are the assigned schools for 1506 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 1506 E Main St

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Off Market Homes Near 1506 E Main St

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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.

Homes for rent near 1506 E Main St

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1506 E Main St, Muncie, IN 47305 is a 4 bedroom, 2 bathroom, 1,944 sqft multi-family built in 1900. 1506 E Main St is located in East Central, Muncie. This property is not currently available for sale. 1506 E Main St was last sold on Jul 31, 2024 for $57,000 (12% lower than the asking price of $64,900). The current Trulia Estimate for 1506 E Main St is $87,600.