$65,000
Original price: $69,000
- 4 Beds
- 2 Baths
- 1,444 sqft
409 N Pershing Dr, Muncie, IN 47305
Est. Mortgage $432/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1900
Local Information
-- mins to
About this House
Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking steady cash flow with the added potential to increase value over time, through gradual updates and renovations. Professionally managed and well-maintained, this has proven to be a successful investment opportunity. Whether you’re expanding your portfolio or entering the investment market, this property offers both income and upside potential.
Last check for updates: about 23 hours ago
Listing courtesy of Ryan Kramer, (765) 717-2489
RE/MAX Real Estate Groups
Source: IRMLS, MLS#202610808

Also Listed on IRMLS.
Home Details for 409 N Pershing Dr
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MLS Status: Active |
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Interior Details Basement: Crawl Space,PartialNumber of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1444 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One Half |
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Parking & Garage No Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 1444 Square Feet |
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Days on Market: 161 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Aluminum SidingNot a New Construction |
Property Information Parcel Number: 181110378019.000003 |
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Price List Price: $65,000 |
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Direction & Address City: MuncieCommunity: None |
School Information Elementary School: LongfellowElementary 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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Listing Agent Listing ID: 202610808 |
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Building Area Building Area: 2137 Square Feet |
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Lot Area: 4791.6 sqft |
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BasementMls Number: 202610808Attribution Contact: Cell: 765-717-2489Above Grade Unfinished Area: 1444 |
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.
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
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $104,000 | 10/21/25 | 4 | 1.5 | 1,600 | |
0.25 | Single-Family Home | $175,000 | 07/28/26 | 4 | 2 | 1,996 | |
0.39 | Single-Family Home | $27,500 | 10/08/25 | 3 | 1.5 | 1,541 |
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 |
|---|---|---|---|---|---|---|
0.01 | $160,200 | 4 | 1.5 | 1,600 | Off Market | |
0.10 | $79,000 | 3 | 1.5 | 1,632 | For Sale | |
0.09 | $156,800 | 4 | 2 | 2,140 | Off Market | |
0.08 | $186,200 | 3 | 2.5 | 1,822 | Off Market | |
0.09 | $131,400 | 3 | 2 | 2,692 | Off Market | |
0.15 | $142,600 | 3 | 1 | 1,228 | Off Market | |
0.15 | $285,000 | 6 | 4 | 4,012 | Recently Sold | |
0.16 | $735,000 | 6 | 3.5 | 15,267 | Recently Sold | |
0.17 | $80,300 | 2 | 1 | 964 | Off Market | |
0.19 | $216,900 | 5 | 2 | 3,163 | Off Market | |
0.18 | $180,700 | 2 | 1 | 1,604 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 28, 2026 Source: IRMLS #202610808 | PriceChange | $65,000 Price decreased by 6% |
Aug 7, 2026 Source: IRMLS #202610808 | PriceChange | $69,000 Price decreased by 4% |
Jun 24, 2026 Source: IRMLS #202610808 | PriceChange | $72,000 Price decreased by 4% |
Apr 30, 2026 Source: IRMLS #202610808 | PriceChange | $75,000 Price decreased by 4% |
Mar 31, 2026 Source: IRMLS #202610808 | Listed For Sale | $78,000 |
Oct 26, 2015 Source: Agent Provided | ListingRemoved | $725 |
Oct 20, 2015 Source: Agent Provided | Listed For Rent | $725 |
Jul 1, 2015 Source: Agent Provided | ListingRemoved | $725 |
Jun 23, 2015 Source: Agent Provided | Listed For Rent | $725 |
Aug 20, 2008 Source: N/A | Sold | $2,955 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,290 | $77,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ryan Kramer, RE/MAX Real Estate Groups
Agent Phone: (765) 717-2489

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.
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Frequently asked questions about 409 N Pershing Dr
- What is the estimated monthly payment for 409 N Pershing Dr?Based on a $65,000 list price with 20% down at today's rates, the estimated monthly payment for 409 N Pershing Dr in Muncie, IN is approximately $464 (about $345 principal & interest, $44 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 409 N Pershing Dr compare to homes in Muncie?409 N Pershing Dr in Muncie, IN is listed at $65,000, about 63% below the $174K median sale price in Muncie.
- What do residents say about the East Central neighborhood?Residents describe the East Central neighborhood in Muncie, IN as well-kept, easy to park in, and pedestrian-friendly. See homes for sale in East Central, Muncie.
- What are the closest schools to 409 N Pershing Dr?The closest schools to 409 N Pershing Dr in Muncie, IN are East Washington Academy (Pre-K/Elementary, rated 5/10), Muncie Central High School (Pre-K/Elementary/Middle, rated 3/10), Northside Middle School (rated 5/10).
- How big is the lot at 409 N Pershing Dr?The lot at 409 N Pershing Dr in Muncie, IN is about 0.11 acres (4,792 sq ft).
- Is there a virtual tour of 409 N Pershing Dr?Yes, a virtual tour of 409 N Pershing Dr in Muncie, IN is available.
409 N Pershing Dr, Muncie, IN 47305 is a 4 bedroom, 2 bathroom, 1,444 sqft single-family home built in 1900. 409 N Pershing Dr is located in East Central, Muncie. This property is currently available for sale and was listed by IRMLS on Mar 31, 2026. The MLS # for this home is MLS# 202610808.

