509 E Jackson St
Muncie, IN 47305
East Central- 7 Beds
- 7 Baths
- 3,072 sqft
7 Beds
7 Baths
3,072 sqft
Local Information
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Description
Great investment opportunity! This 7 unit property includes 6 units in the main house and another unit located behind the house. Many updates have been completed including newer paint and flooring, most plumbing has been redone, gas wall heaters in every unit, sump pump in the basement, and water heater. 6 of the 7 units are currently rented. Total rents are $3,949 per month. Owner pays utilities. Can be bought in a package with 511 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!
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 March 04, 2025
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 509 E Jackson St
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MLS Status: Closed |
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Interior Details Basement: Crawl Space,Partial |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 7 |
Dimensions and Layout Living Area: 3072 Square Feet |
Heating & Cooling Heating: Natural Gas,Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Other |
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Exterior Home Features Other Structures: None |
Parking & Garage Parking Spaces: 4 |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 3072 Square Feet |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Stone, Vinyl Siding, OtherNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, LeaseParcel Number: 181115126002.000003 |
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Price List Price: $199,900 |
Status Change & Dates Off Market Date: Tue Jan 07 2025 |
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Direction & Address City: MuncieCommunity: Other |
School Information Elementary School: East Washington AcademyElementary School District: Muncie Community SchoolsJr High / Middle School: SouthsideJr High / Middle School District: Muncie Community SchoolsHigh School: CentralHigh School District: Muncie Community Schools |
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Building Area Building Area: 3746 Square Feet |
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Lot Area: 3920.4 sqft |
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Expense Tenant Pays: None |
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Lease Term: 12 MonthsOwner Pays: Electricity, Fuel, Grounds Care, Water |
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BasementMls Number: 202447333Attribution Contact: Cell: 765-744-9500Above Grade Unfinished Area: 3072 |
Last check for updates: about 17 hours ago
Listed by Ryan Orr, (765) 744-9500
RE/MAX Real Estate Groups
Bought with: Realtor NonMember MEIAR, NonMember MEIAR
Source: IRMLS, MLS#202447333

Price History for 509 E Jackson St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/04/2025 | $192,500 | Sold | IRMLS #202447333 |
| 01/08/2025 | $199,900 | Pending | IRMLS #202447333 |
| 12/28/2024 | $500 | ListingRemoved | Zillow Rentals |
| 12/27/2024 | $500 | Listed For Rent | Zillow Rentals |
| 12/16/2024 | $199,900 | Listed For Sale | IRMLS #202447333 |
| 02/25/2024 | ListingRemoved | Zillow Rentals | |
| 01/26/2024 | $600 | Listed For Rent | Zillow Rentals |
| 01/18/2024 | ListingRemoved | Zillow Rentals | |
| 01/09/2024 | $575 | Listed For Rent | Zillow Rentals |
| 07/01/2023 | ListingRemoved | Zillow Rentals | |
| 06/05/2023 | $560 | Listed For Rent | Zillow Rentals |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,516 |
| Assessment | $93,700 |
Home facts updated by county records
Comparable Sales for 509 E Jackson St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | $190,000 | 08/28/25 | 4 | 4 | 2,928 | |
0.52 | Multi-Family Home | $180,900 | 03/20/26 | 12 | 5 | 2,092 | |
0.40 | Multi-Family Home | $105,000 | 04/17/26 | 7 | 3 | 2,544 | |
0.76 | Multi-Family Home | $168,000 | 11/07/25 | 6 | 4 | 3,143 | |
0.26 | Multi-Family Home | $430,000 | 10/17/25 | 1 | 1.5 | 2,992 | |
0.89 | Multi-Family Home | $185,000 | 07/02/25 | 4 | 2 | 3,272 | |
0.63 | Multi-Family Home | $89,000 | 12/03/25 | 4 | 2 | 2,400 | |
0.51 | Multi-Family Home | $170,000 | 12/26/25 | 8 | 3 | - | |
0.70 | Multi-Family Home | $95,000 | 04/30/26 | 5 | 2 | 2,212 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 509 E Jackson St.
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.
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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 509 E Jackson St
509 E Jackson St, Muncie, IN 47305 is a 7 bedroom, 7 bathroom, 3,072 sqft multi-family built in 1900. 509 E Jackson St is located in East Central, Muncie. This property is not currently available for sale. 509 E Jackson St was last sold on Mar 4, 2025 for $192,500 (4% lower than the asking price of $199,900).

