Investment opportunity in Muncie! This charming 3 bedroom, 1 bathroom home is currently rented at $725/month, with tenants taking care of the utilities. The lease is secure until 11/30/25, providing a steady income stream. The full basement is great for extra storage. Management holds a $1250 security deposit. Please note, tenants' rights apply. Don't miss this opportunity to add a valuable asset to your portfolio. Can be sold in a package with 1211 S Luick Avenue and 3000 Pearl Street!
Single-familyProperty Type
1947Year Built
0.34 acresLot Size
$57Est. Price/Sq.Ft.
1 car garageParking
Listed by Hayley Wild• Compass Indiana, LLC
Contact: hayley.wild@compass.com
Bought with Peyton Nichols• RE/MAX Real Estate Solutions
Calling all investors! This beautiful 3 bedroom, 1 bath home near the heart of Muncie is currently tenant occupied and is currently being rented out at $625 per month! The instant cash flow makes this home an amazing investment to add to a portfolio, and even a great starter investment. This is not a property you want to miss, and won't last long!
MIBOR as Distributed by MLS Grid #2825121
Apr 15, 2008
Listed
$7,900
$4/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$732
$8,800 + $22,400
$31,200
2023
$732 (+0.5%)
$8,800 + $22,400
$31,200
2022
$728 (+14.1%)
$8,800 + $22,200
$31,000
2021
$638
$5,700 + $20,800
$26,500
2020
$638 (−0.5%)
$5,700 + $20,800
$26,500
2019
$641
$5,700 + $20,900
$26,600
2018
$641 (−2.1%)
$5,700 + $20,900
$26,600
2017
$655 (−17.4%)
$5,700 + $21,600
$27,300
2016
$793 (+193.7%)
$7,200 + $27,000
$34,200
2015
$270 (−84.3%)
$7,200 + $28,400
$35,600
2013
$1,721
$7,200 + $27,700
$34,900
Tax history for 715 S Ribble Ave
Year
Property tax
Land + Additions
Assessment*
2024
$732
$8,800 + $22,400
$31,200
2023
$732 (+0.5%)
$8,800 + $22,400
$31,200
2022
$728 (+14.1%)
$8,800 + $22,200
$31,000
2021
$638
$5,700 + $20,800
$26,500
2020
$638 (−0.5%)
$5,700 + $20,800
$26,500
2019
$641
$5,700 + $20,900
$26,600
2018
$641 (−2.1%)
$5,700 + $20,900
$26,600
2017
$655 (−17.4%)
$5,700 + $21,600
$27,300
2016
$793 (+193.7%)
$7,200 + $27,000
$34,200
2015
$270 (−84.3%)
$7,200 + $28,400
$35,600
2013
$1,721
$7,200 + $27,700
$34,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
500 ft.
Lot depth
1 ft.
Lot size
9,900 Sq. Ft.
Year renovated
1947
Sq. Ft.
896
Year built
1947
Style
Single Family Residential
County
Delaware County
APN
181114178007000003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
Property details
Parking
Parking Information
Parking Features: Carport
Garage Spaces: 1
Interior
Interior Sq. Ft. Information
Building Area Total: 1932
Living Area: 896
Main Level Sq. Ft.: 896
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main
Room 2 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 13x18
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 12x10
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 9x10
Room Level: Main
Room 5 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 9x12
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5
Basement Information
Has Basement
Basement Features: Unfinished
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Interior Features
Interior Features: Screens Some, Eat-in Kitchen
Appliances: None, Electric Water Heater
Areas Interior: Living Room Formal
Exterior
Building Information
Percent Optional Level Finished: 0
Exterior Features
Patio And Porch Features: Porch Open
Farm Information
Horse Amenities: None
Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.23
Lot Features: Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected