Sheldon Barnes
For Sale — 1715 S Madison Street, Muncie, IN 473021715 S Madison Street
Muncie, Indiana 47302
Grays
3
Beds
2
Baths
1,962
Sq Ft
1900
Year Built
0.21
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Muncie, Indiana and the rest of Hamilton County. Book a private tour of 1715 S Madison Street in Grays, ask any question about this home, or talk through what you should know about buying in Muncie.
ABOUT THIS HOME
The current owner has done a ton of remodeling of this house, but it's time to turn the completion of the job to a new owner. So much is improved, such as all new windows, cement board siding, roof, 2 furnaces (no AC, but wired for it), both kitchens, all flooring and painting, etc. This is a 2-Unit property, but you can easily convert this back to a single home. 3 Beds (2 without immediate closets), 1 bath on the main, and 1 bed, 1 bath upstairs. There are 2 gas and water meters. This immediate area has Habitat For Humanity homes being built and is going through a nice rejuvenation. The home is priced to reflect that more work is needing to be done.
Key things to know
- New windows, roof, and cement board siding
- Dual furnaces, wired for AC
- Two kitchens and two bathrooms
- Flexible layout — currently duplex, convertible to single-family
- In neighborhood undergoing revitalization
Browse by room
10 rooms · 35 photos
Monthly payment
Estimate · $120,000
$718/mo
≈ $639 principal & interest · $79 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $24,000 on a loan of $96,000.
Price history
- Price reduced$125,000 → $120,000
Nov 14, 2025
- Listedat $130,000
May 2, 2025
Recent comparable sales
$123,000
2108 S Grant Street
3bd · 1ba · 1,400 sqft
Sold Apr 2026
$244,000
4308 E Maple Manor Parkway
3bd · 2ba · 1,914 sqft
Sold Apr 2026
$215,000
5105 S Breezewood Drive
3bd · 2ba · 2,166 sqft
Sold Mar 2026
$230,000
1905 S Spruce Street
3bd · 2ba · 1,836 sqft
Sold Feb 2026
$265,500
4325 E Maple Manor Parkway
3bd · 2ba · 1,800 sqft
Sold Nov 2025
Comparative value
5 comps in this range
This home is 48% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$130,000Listed· May 2, 2025
$120,000Reduced
↓ $10,000 (7.7% off original)
226 days on market
Layout
Schools
Muncie Community Schools
Elementary
South View Elementary School
Middle
Southside Middle School
High
Muncie Central High School
Neighborhood
- Hamilton Town Center33.2 mi
- Hamilton Southeastern HS34.1 mi
- Conner Prairie36.1 mi
- Fishers High School36.2 mi
- IU Health North Hospital39.4 mi
- Westfield High School40.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,962 sq ft
Year Built
1900
Stories
Two and a Half
Subdivision
Grays
Bedrooms
3
Bathrooms
2 full
School District
Muncie Community Schools