1506 E Main St
Muncie, IN 47305
East Central- 4 Beds
- 2 Baths
- 1,944 sqft
4 Beds
2 Baths
1,944 sqft
Home Value
Trulia Estimate
$85.3KSince last month
Decreased$5K (-5.3%)Since last year
Increased$24K (+39.1%)Since last sale
Increased$29K (+50.5%)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 +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $86K |
| July 2026 | $91K |
| June 2026 | $85K |
| May 2026 | $82K |
| April 2026 | $79K |
| March 2026 | $84K |
| February 2026 | $85K |
| January 2026 | $86K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.47 | 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 | - | |
1.33 | Multi-Family Home | $95,000 | 04/30/26 | 5 | 2 | 2,212 | |
1.12 | Multi-Family Home | $135,000 | 12/01/25 | 4 | 3 | 1,786 | |
1.39 | Multi-Family Home | $93,000 | 10/07/25 | 4 | 2 | 1,640 |
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 |
|---|---|---|---|---|---|---|
0.04 | $126,100 | 5 | 2 | 1,946 | Off Market | |
0.03 | - | 4 | 2 | 3,634 | Off Market | |
0.05 | $75,700 | 3 | 2 | 1,683 | Off Market | |
0.06 | $78,700 | 3 | 3 | 1,576 | Off Market | |
0.07 | $110,100 | 4 | 2 | 1,924 | Off Market | |
0.07 | $120,200 | 4 | 2 | 1,958 | Off Market | |
0.07 | $111,000 | 4 | 3 | - | Off Market | |
0.12 | $77,000 | 3 | 2 | 1,523 | Off Market | |
0.12 | $140,000 | 7 | 2 | - | Recently Sold | |
0.16 | $151,900 | 3 | 1.5 | 2,092 | Off Market | |
0.13 | $170,000 | 8 | 3 | - | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Living Area
1,944 sqft
Price/Sqft
$44
Parking
2 Parking Spaces
About this House
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.
1506 E Main St, Muncie, IN 47305 is a 4 bedroom, 2 bathroom, 1,944 sqft multi-family in East Central, built in 1900. It last sold for $57,000 on Jul 31, 2024 (12% below the $64,900 asking price). It is currently off market. The Trulia Estimate is $85,300, with a rent estimate of $998/month.
Last check for updates: about 2 hours ago
Listed by Melanie White, (765) 881-5451
Berkshire Hathaway Indiana Realty
Bought with: Grant Gorman, Green Forest Realty
Source: IRMLS, MLS#202415430

Home Details for 1506 E Main St
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MLS Status: Closed |
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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 |
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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 |
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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 |
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Price List Price: $64,900 |
Status Change & Dates Off Market Date: Mon Jun 17 2024 |
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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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Building Area Building Area: 2964 Square Feet |
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Lot Area: 6098.4 sqft |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity |
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Owner Pays: Taxes |
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BasementMls Number: 202415430Attribution Contact: Cell: 765-881-5451Above Grade Unfinished Area: 1944 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2024 Source: IRMLS #202415430 | Sold | $57,000 |
Jun 17, 2024 Source: IRMLS #202415430 | Pending | $64,900 |
Jun 12, 2024 Source: IRMLS #202415430 | PriceChange | $64,900 Price decreased by 6% |
May 3, 2024 Source: IRMLS #202415430 | Listed For Sale | $68,900 |
Apr 23, 2019 Source: N/A | Sold | $48,445 |
Feb 28, 2019 Source: Agent Provided | Listed For Sale | $25,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,050 | $65,600 |
Home facts updated by county records
Market trends in Muncie
Last updated July 2026
Avg. sale price
$174K
$3.18KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$120
$1MoM
Available listings
329
25MoM
Around this home
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.
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 1506 E Main St
- What is 1506 E Main St estimated to be worth?Trulia's estimated value for 1506 E Main St in Muncie, IN is $85,300.
- What is the price history for 1506 E Main St?1506 E Main St in Muncie, IN last sold for $57,000 in July 2024.
- 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 $3.18K from the prior month.
- Does 1506 E Main St have air conditioning?Yes, 1506 E Main St in Muncie, IN has air conditioning.
- Is there a virtual tour of 1506 E Main St?Yes, a virtual tour of 1506 E Main St in Muncie, IN is available.

