507 West Riverside Avenue

Muncie, IN 47303

$167,000
Price
5
Beds
2
Baths
1
1/2 Bath
2,016 Sq. Ft.
$83 / Sq. Ft.
2,016
Sq. Ft.
$83
per Sq. Ft.

Description

This updated, 2,016-square-foot, two-story home near Ball State University is an exceptional investment opportunity, featuring five bedrooms and two and a half bathrooms. Recent improvements include a brand-new roof (2023), a furnace (2021), and updated exterior (2024), providing low-maintenance appeal and peace of mind for years to come. Its spacious layout and prime location make it perfect for student housing or family rental, ensuring high demand and strong rental income potential. With recent...This updated, 2,016-square-foot, two-story home near Ball State University is an exceptional investment opportunity, featuring five bedrooms and two and a half bathrooms. Recent improvements include a brand-new roof (2023), a furnace (2021), and updated exterior (2024), providing low-maintenance appeal and peace of mind for years to come. Its spacious layout and prime location make it perfect for student housing or family rental, ensuring high demand and strong rental income potential. With recent updates, ample living space, and proximity to campus and local amenities, this property is a standout choice for investors seeking solid returns.
  1. Listed by Tom Oliver • NextHome Elite Real Estate

Property Details for 507 West Riverside Avenue

Style
Two Story
Subdivision
None
Waterfront
No
Water Features
None
LISTING UPDATED: 11/02/2024 05:27 AM

Property Details for 507 West Riverside Avenue

StatusActive
MLS #202442621
Days on Market24
Taxes$1,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Site-Built Home
Year Built1906
Lot Size0.15 AC / 6,555 SF
CountyDelaware County

Building Information for 507 West Riverside Avenue

Stories-Year Built1906Building Size-Lot Size0.15 AC / 6,555 SF

Property Information for 507 West Riverside Avenue

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47303
  • City Zoning: R-4 Residence Zone
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Road Access: City
  • Inside City Limits: Yes
  • Fips Code: 18035
  • Directions To Property: From Wheeling and Riverside, travel west to 507 W. Riverside. Home sits on south side of road.
  • Sea Wall Type: None
  • Location: City/Town/Suburb, Near College Campus
Taxes and HOA
  • Annual Taxes: $1,702
  • Other Fees $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2024
  • Parcel Number Id: 18-11-09-262-003.000-003
School Information
  • School District: Muncie Community Schools
  • Elementary: Westview
  • Middle School: Northside
  • High School: Central
Parking
  • Garage: No
  • Off Street Parking: Yes
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Site-Built Home
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 57 x 115
  • Below Grade Unfin Sqft: 1233.0
  • Total Square Feet: 3249.0
  • Upper Level Sqft: 464.0
  • Approx Lot Size Sqft: 6555.0
  • Above Grade Finished Sqft: 2016.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1233.0
  • Total Finished Sqft: 2016.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Slope, 0-2.9999
  • Main Level Sqft: 1552.0
Property and Assessments
  • New Construction: No
  • Investment Property: Yes
  • Year Built: 1906
  • Age: 118
  • Improvmnts In Last 5 Yrs: Yes
  • Planned Unit Development: No
Utilities
  • Water Utility: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Foyer Entry, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Common Amenities: None
  • Driveway: Gravel
  • Exterior: Vinyl
  • Fence: None
  • Outbuilding 1: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Asphalt
Interior Features
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air, Window
  • Fireplace: None
  • Fireplace: No
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Heating/Fuel: Gas, Forced Air
  • HVAC: Ceiling Fan
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Number of Full Baths Below Grade: 0
  • Number of Full Baths Main: 1
  • Number of Full Baths Upper: 1
  • Number of Half Baths Below Grade: 0
  • Number of Half Baths Main: 1
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 13
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 1
  • Total Baths: 3
  • Total Number of Rooms Below Grade: 0
Room
Room Information
  • 1st Bedroom Length: 15.0
  • 1st Bedroom Level: Upper
  • 1st Bedroom Width: 12.0
  • 2nd Bedroom Length: 13.0
  • 2nd Bedroom Level: Upper
  • 2nd Bedroom Width: 11.0
  • 3rd Bedroom Length: 12.0
  • 3rd Bedroom Level: Upper
  • 3rd Bedroom Width: 9.0
  • 4th Bedroom Length: 17.0
  • 4th Bedroom Level: Main
  • 4th Bedroom Width: 8.0
  • 5th Bedroom Length: 14.0
  • 5th Bedroom Level: Main
  • 5th Bedroom Width: 11.0
  • Dining Room Length: 12.0
  • Dining Room Level: Main
  • Dining Room Width: 9.0
  • Kitchen Length: 12.0
  • Kitchen Level: Main
  • Kitchen Width: 10.0
  • Laundry Room Length: 11.0
  • Laundry Level: Main
  • Laundry Room Width: 3.0
  • Living/Great Room Length: 15.0
  • Living/Great Room Level: Main
  • Living/Great Room Width: 15.0
  • Other Room 1 Description: foyer
  • Other Room 1 Length: 12.0
  • Other Room 1 Level: Main
  • Other Room 1 Width: 10.0

Property History for 507 West Riverside Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 507 West Riverside Avenue

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
West View Elementary School
PublicPK to 5

Muncie Central High School
PublicPK to 12

Northside Middle School
Public6 to 8

Storer Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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507 West Riverside Avenue is a single family home for sale in Muncie, IN 47303. This property was listed for sale on October 31, 2024 by NextHome Elite Real Estate, it's currently listed at $167,000. This listing's school district is Muncie Community Schools. Nearby schools include West View Elementary School, Muncie Central High School and Northside Middle School. 507 West Riverside Avenue is a 5-bed, 2.5-bath, 2,016 sqft single family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Elite Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.