$2,375 Closing Credit¹
#22033416, Richard Graham, Listing Office: JMG Indiana
$200,000 List price
1619 E 20th St Muncie, IN 47302
$2,375
Closing credit¹
2 beds
1 full
1,440 sqft
0.2 acres
$139 / sqft
House
Property details
About 1619 E 20th St
Cash flowing 3 bed 2 bath home in Muncie's Southside. Update completed in 2022, new flooring in living room and kitchen, updated appliances, new carpet in bedrooms and fresh interior paint. Furnace and A/C less than 3 years old. This is a Section 8 property. Current rent is $995 a month with 25% down return is 8.5% annualized. $100 rent increase makes that return 13%. Proforma snapshot included in documents. Tenant pays all utilities. Economic growth remains steady with strong housing demand per Indiana Business review. The most recent forecast from Indiana University's Center for Econometric Model Research shows employment growth of 1.89% over the next two years (2023 Q4 to 2025 Q4). "Personal income is expected to increase 3.4% through 2027". Property is being offered as part of a 2 unit package, 2nd property is at 1618 E 24th. An additional 4 unit package is also available, addresses and financials included in attached documents. Attached pro formas are for 2 property package and 6 unit package. Attached photos were taken before property was rented. Seller will not work with wholesalers or consider creative finance options. For additional questions and to arrange showings reach out to listing agent. Proof of funds and 24hr notice required for all showings.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,440 sqft
Lot size0.22 Acres
Year built1948
MLS #22033418
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Refrigerator, Water Heater
- Basement: No
- Interior: Attic Access, Paddle Fan, Screens Complete, Storms Complete, Supplemental Storage, Windows Vinyl, Wood Work Painted
- Total Bedroom Count: 2
- Architectural Style: TraditonalAmerican
- Heating: Forced Air, Natural Gas
- List Price: $200,000
- Price/SqFt: $138
- Annual Tax Amount: $1,275
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1948
- Living Area: 1,440 SqFt
- Lot Size: 0.22 Acres
- MLS Number: 22033418
- MLS Name: MIBOR
- Office Name: JMG Indiana
- Office Email: Richardgraham@jasonmitchellgroup.com
- Listing Agent: Richard Graham
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 11:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$200,000
1619 E 20th St
$2,375
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2022 | Home Sold | $62,000 |
| Nov 16, 2020 | Home Sold | $30,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $57,900 | $1,275 |
| 2022 | $36,800 | $736 |
| 2021 | $45,800 | $1,033 |
| 2019 | $39,200 | $902 |
| 2017 | $41,000 | $5,224 |
History based on county public records data.
Nearby schools
5
Grissom Elementary School
Public District PK-5
0.4 mi
•3201 S Macedonia Ave
2
South View Elementary School
Public District PK-5
1.2 mi
•2100 S Franklin St
6
East Washington Academy
Public District PK-5
1.8 mi
•1000 E Washington St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,479. Residents of Muncie, IN typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
67%
<35k
31%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
17%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Books-a-Million
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Toyota
What do the neighbors listen to?
Adult Standards
Rock- Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
2 days on Rocket
$1,780 Closing Credit¹
#22035843, Brad Taflinger, Listing Office: Taflinger Real Estate Group
Tour
$2,255 Closing Credit¹
#202503799, Brody Tarter, Listing Office: RE/MAX Evolve
2 days on RocketTour
$1,780 Closing Credit¹
#202515224, Brad Taflinger, Listing Office: The Taflinger Real Estate Group
10 hours on RocketTour
$1,483 Closing Credit¹
#202515762, Austin Rich, Listing Office: NextHome Elite Real Estate
Tour
$1,294 Closing Credit¹
#202511573, Taylor Licht, Listing Office: RE/MAX Complete
8 hours on Rocket
$1,544 Closing Credit¹
#202515798, Steve Slavin, Listing Office: Coldwell Banker Real Estate Group
2 days on Rocket
$1,305 Closing Credit¹
#22035478, Danielle Shouse, Listing Office: Shouse Realty Group LLC
Tour
$220 Closing Credit¹
#202512891, Steve Koleno, Listing Office: Beycome Brokerage Realty
Tour
$653 Closing Credit¹
#202511656, Lisa Buckner, Listing Office: RE/MAX Real Estate Groups
Frequently asked questions
Living in Muncie, IN
Transportation in Muncie includes a network of roads and highways that connect residents to nearby cities and amenities. Public transit options are available, providing access to key areas within the city. The community is also mindful of walkability, with certain areas being more pedestrian-friendly. While specific ride-sharing services are operational, their availability may vary throughout the city.
The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are comprehensive, with facilities offering a range of specialized care. The public library system is active, providing resources and programming for residents of all ages. Retail and dining options are plentiful, reflecting Muncie's local culture and culinary diversity.
Muncie is celebrated for its vibrant community spirit and cultural offerings. The city prides itself on its local events, including festivals and fairs that highlight the area's history and arts scene. The community's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.
Muncie's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The market is balanced, with a healthy mix of ownership and rental opportunities, catering to a range of preferences and budgets.
About 1619 E 20th St
The listing price of 1619 E 20th St property is $200,000.
The property 1619 E 20th St is a house located in Muncie, Indiana, 47302.
Active Listing: 1619 E 20th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1619 E 20th St are: Grissom Elementary School (GreatSchools Rating 5/10), South View Elementary School (GreatSchools Rating 2/10), East Washington Academy (GreatSchools Rating 6/10), Southside Middle School (GreatSchools Rating 2/10), Inspire Academy - a School of Inquiry (GreatSchools Rating 2/10), Northside Middle School (GreatSchools Rating 4/10), Muncie Central High School (GreatSchools Rating 3/10), Indiana Academy for Science Math Hmn (GreatSchools Rating 10/10), Burris Laboratory School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,275 (source: MLS/based on county public records data).
The last sale was on August 12, 2022 for $62,000 (source: MLS/tax record).
The property at 1619 E 20th St has 2 bedrooms and 1 bathroom.
The property 1619 E 20th St is 1,440 SqFt (source: MLS/tax record).
The year of construction for 1619 E 20th St is 1948.
This home is located at 1619 E 20th St in Muncie, IN and zip code 47302. This 1,440 square foot home, which was built in 1948, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $200,000.
While more than 27 listings in Muncie, IN in April 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 73 were sold below. Between March and April 2025, Muncie, IN real estate market has seen increase in the number of listings by 11.6%. While the average time on the market in April 2025 was 46 days, the median list price was $145,942.
From Rocket Homes Real Estate and based on county public records data.