509 E  Jackson St, Muncie, IN 47305
Property image
Property image
OFF MARKET

$192,500

Last sold price
  • 7 Beds
  • 7 Baths
  • 3,072 sqft

509 E Jackson St, Muncie, IN 47305

East Central
Currently Off Market - Sold Mar 4, 2025 for $192,500

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
0.52
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
0.63
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
1.17
Multi-Family Home
$268,000
12/05/25
8
6
3,331
0.38
Multi-Family Home
$90,000
09/30/25
3
1
1,200

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
$115,300
3
3
2,448
Off Market
0.10
$51,400
2
2
-
Off Market
0.11
$223,600
4
1.5
3,313
Off Market
0.10
$435,500
12
12
9,744
Off Market
0.14
$225,800
3
1.5
2,374
Off Market
0.17
$142,000
3
1
1,228
Off Market
0.13
$147,600
3
2
1,608
Off Market
0.17
$187,400
5
2
2,832
Off Market
0.19
$182,000
3
2.5
2,415
Off Market
0.12
$205,700
4
1.5
2,794
Off Market
0.13
$178,000
6
0.5
4,170
For Sale

Local Information

  • Map ViewExplore the area around 509 E Jackson St.
  • Schools2 Preschool Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
3,072 sqft
Parking
4 Parking Spaces

About this House

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!
509 E Jackson St, Muncie, IN 47305 is a 7 bedroom, 7 bathroom, 3,072 sqft multi-family in East Central, built in 1900. It last sold for $192,500 on Mar 4, 2025 (4% below the $199,900 asking price). More recently, it was listed as a rental in December 2024 with an asking price of $500 per month. That rental listing was removed on December 28, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,210/month.
Last check for updates: about 2 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

Home Details for 509 E Jackson St

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $199,900
Status Change & Dates
Off Market Date: Tue Jan 07 2025

Location

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

Building

Building Area
Building Area: 3746 Square Feet

Lot Information

Lot Area: 3920.4 sqft

Business

Expense
Tenant Pays: None

Rental Terms, Policies & Fees

Owner Pays: Electricity, Fuel, Grounds Care, Water

Miscellaneous

BasementMls Number: 202447333Attribution Contact: Cell: 765-744-9500Above Grade Unfinished Area: 3072

Price and Tax history

DateEventPrice
Mar 4, 2025
Source: IRMLS #202447333
Sold
$192,500
Jan 8, 2025
Source: IRMLS #202447333
Pending
$199,900
Dec 28, 2024
Source: Zillow Rentals
ListingRemoved
$500
Dec 27, 2024
Source: Zillow Rentals
Listed For Rent
$500
Dec 16, 2024
Source: IRMLS #202447333
Listed For Sale
$199,900

Market trends in Muncie

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$174K
$3.18K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$120
$1
MoM
Available listings
329
25
MoM

Around this home

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

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Frequently asked questions about 509 E Jackson St

  • What is the price history for 509 E Jackson St?
    509 E Jackson St in Muncie, IN last sold for $192,500 in March 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 $174K. That is up $3.18K from the prior month.
  • 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 recently sold homes in East Central, Muncie.
  • Does 509 E Jackson St have parking?
    Yes, 509 E Jackson St in Muncie, IN has on-site parking.

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