For Sale222d on marketHistoric · 121 yrs
1602 W Adams St
Muncie, IN, 47303 • Riverside/Normal City • Delaware County
$104,900
$102/sqft
-$5,000 since Sep 19, 2025
Down payment assistance available
3Beds
1Baths
1,030Sqft
0.12 acLot
1905Built
Property DNA
Traditional Style
Built 1905 · 121 years of history
None
Riverside/Normal City
This home is getting attention
Listed 222 days ago · 343 views · 9 saves
Market activity
Demand and pricing signals for this listing
343 views
People checking out this listing
9 saves
Buyers have saved this home
222 days on market
Established listing
$102/sqft
Price per square foot
About this home
Multi Family · Built 1905 · Historic
3 bedroom investment property located near BSU. Currently rented at $795 month with a long term tenant but this is below market rate. Leased until 6/2026. Instant cash flow! This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave.
Estimated monthly payment
Based on current rates
$684/month
Principal & Interest$544
Property Tax$105
Insurance$35
Down payment20% ($20,980)
3%50%
Est. 6.75% rate · 30yr fixed · $83,920 loan
Full calculator →Virtual Tour
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At a glance
Key facts and listing details
TypeMulti Family
Year Built1905
HeatingNatural Gas, Forced Air
CoolingNone
Parking4 Open Parking spaces
Days on Zillow222 Days
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTraditional
Year built1905
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingNone
RoofShingle
ConstructionShingle Siding
Water / SewerCity, Muncie Sanitary Dist. / City
Parking & Outdoor
ParkingGravel
BasementPartial,Block
FencingNone
Lot5,227 sqft
Location & Tax
NeighborhoodRiverside/Normal City
Annual tax$1,716
Parcel181116101011000003
Bathrooms & Fees
Full baths1
Features & details
9 categories of property features
Interior Features
Flooring
Carpet
Laminate
Heating
Natural Gas
Forced Air
Cooling
None
Exterior Features
Parking
Gravel
Construction
Shingle Siding
Lot Features
0-2.9999
City/Town/Suburb
Community
None
Gas
CenterPoint Energy
Other Structures
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market222
Est. rent$1,073/mo
Tax rate0.82%
Price/sqft$102
On marketAug 29, 2025
PostedAug 29, 2025
MLS statusActive
MLS updatedSep 19, 2025
Tour days9
Views343
Favorites9
How are the schools in Muncie?
3 schools rated nearby
Location
Muncie, IN, 47303
Price history
6 events
DateEventPrice$/sqftSource
Sep 19, 2025Price Change$104,900—IRMLS
Aug 29, 2025Listed For Sale$109,900—IRMLS
Jun 28, 2023Listing Removed——Zillow Rentals
Jun 14, 2023Listed For Rent$750$1Zillow Rentals
Jan 24, 2023Listing Removed——Zillow Rentals
Jan 21, 2023Listed For Rent$750$1Zillow Rentals
Price Change$104,900
Sep 19, 2025•IRMLS
Listed For Sale$109,900
Aug 29, 2025•IRMLS
Listing Removed—
Jun 28, 2023•Zillow Rentals
Listed For Rent$750
Jun 14, 2023•$1/sqft•Zillow Rentals
Listing Removed—
Jan 24, 2023•Zillow Rentals
Listed For Rent$750
Jan 21, 2023•$1/sqft•Zillow Rentals
Tax history
15 years of records
YearTax paidAssessed value
Apr 9, 2024$1,482$85,800
Apr 9, 2023$1,238$74,100
Apr 9, 2022$1,206$61,900
Apr 9, 2021$1,030$60,300
Apr 9, 2020$1,030$51,500
Apr 9, 2019$1,030$51,500
Apr 9, 2018$1,134$51,500
Apr 9, 2017$1,116$51,300
Apr 9, 2016$1,026$50,400
Apr 9, 2014$1,098$52,900
Apr 9, 2013$1,056$52,800
Apr 9, 2012$1,008$50,400
Apr 9, 2011$1,056$52,800
Apr 9, 2010$1,182$59,100
Apr 9, 2009$1,096$54,800
Nearby homes
Neighborhood details
Local context around this listing
Muncie, IN • Delaware County
Nearby neighborhoods
AnthonyBall State UniversityHaltemanIndustryNorthviewRiverside/Normal CitySky ParkSouthsideThomas Park/AvondaleWhitely
Nearby cities
AlbanyDalevilleEatonGastonMuncieSelmaYorktown
Nearby zip codes
47302473034730447305473064730747308473384734247396
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