Sold — 518 S Elliott Street, Muncie, IN 47305
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ABOUT THIS HOME
Back on market with a large price improvement! Currently leased at $1,195/month through March 2026. This property offers immediate, stable income. The tenants have expressed interest in renewing beyond that date, making it an excellent long-term investment opportunity. Professional property management is in place, ensuring smooth operations. Featuring central air, a detached one-car garage, a partially fenced yard, and a spacious layout, this home is also appealing to future homeowners seeking an affordable residence in a convenient Muncie location. This property is being sold "as-is". Inspection report is available upon request.
$69,500
$90,000
Back on market with a large price improvement! Currently leased at $1,195/month through March 2026. This property offers immediate, stable income. The tenants have expressed interest in renewing beyond that date, making it an excellent long-term investment opportunity. Professional property manageme...
1,542
Sq Ft
1895
Year Built
3
Bedrooms
2
Bathrooms
Key things to know
- Sold 28% below list in 42 days
- Prouds subdivision
Sold
$65,000
-$25,000 below list (-27.8%)
- Closed
- Jan 28, 2026
- Listed at
- $90,000
- Sold
- 3 months ago
- Sold in
- 42 days
Price history
- Sold$65,000
Jan 28, 2026
- Price reduced$85,000 → $69,500
Jan 6, 2026
- Listedat $90,000
Sep 16, 2025
Recent comparable sales
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Comparative value
5 comps in this range
This home is 12% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$90,000Listed· Sep 16, 2025
$69,500Reduced
↓ $20,500 (22.8% off original)
42 days on market
Layout
Primary bath
Tub Full with Shower
Schools
Muncie Community Schools
Neighborhood
- Hamilton Town Center32.8 mi
- Hamilton Southeastern HS33.7 mi
- Conner Prairie35.7 mi
- Fishers High School35.8 mi
- IU Health North Hospital39.0 mi
- Westfield High School39.8 mi
PROPERTY DETAILS
Living Area
1,542 sq ft
Year Built
1895
Stories
One
Subdivision
Prouds
Bedrooms
3
Bathrooms
2 full
Garage
1 spaces
School District
Muncie Community Schools