$325,000

1708 W 7th St Muncie, IN 47302

$3,859
Closing credit¹
3 beds
1 full
1,215 sqft
0.1 acres
$267 / sqft
House

Property details

About 1708 W 7th St

Cash flowing 3 bed 1 bath home. Update completed in 2022, new flooring throughout, updated appliances, fresh interior paint. Furnace and Water Heater less than 3 years old. This is a Section 8 property. Current rent is $784 a month with 20% down return is 9% 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 4 unit package. An additional 2 unit package is also available, addresses and financials included in attached documents. 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
HeatingNone, Natural Gas
StatusActive
CoolingNone, Window Unit(s)
Size1,215 sqft
Lot size0.12 Acres
Year built1896
MLS #22033091

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Basement: No
  • Interior: Windows Wood
  • Total Bedroom Count: 3
  • Architectural Style: TraditonalAmerican
  • Heating: None, Natural Gas
  • Cooling: None, Window Unit(s)
  • List Price: $325,000
  • Price/SqFt: $267
  • Annual Tax Amount: $637
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1896
  • Living Area: 1,215 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 22033091
  • MLS Name: MIBOR
  • Office Name: JMG Indiana
  • Office Email: Richardgraham@jasonmitchellgroup.com
  • Listing Agent: Richard Graham

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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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.

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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.

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view of front of property with roof with shingles and a front lawn

$325,000

1708 W 7th St

$3,859

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 02, 2022
Home Sold
$13,000

Tax history

YearAssessmentProperty Tax
2023$14,800$637
2022$12,800$256
2021$11,200$331
2019$12,800$108
2017$15,700$767

History based on county public records data.

Nearby schools

2

South View Elementary School

Public District PK-5

1.0 mi

2100 S Franklin St

4

West View Elementary School

Public District PK-5

1.4 mi

3401 W Gilbert 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,496. The most common annual income of people living in Muncie, IN is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
43%
35k-100k
1%
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?

51%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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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 1708 W 7th St

The listing price of 1708 W 7th St property is $325,000.

The property 1708 W 7th St is a house located in Muncie, Indiana, 47302.

Active Listing: 1708 W 7th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1708 W 7th St are: South View Elementary School (GreatSchools Rating 2/10), West View Elementary School (GreatSchools Rating 4/10), East Washington Academy (GreatSchools Rating 6/10), Northside Middle School (GreatSchools Rating 4/10), Southside Middle School (GreatSchools Rating 2/10), Inspire Academy - a School of Inquiry (GreatSchools Rating 2/10), Indiana Academy for Science Math Hmn (GreatSchools Rating 10/10), Burris Laboratory School (GreatSchools Rating 7/10), Youth Opportunity Center (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $637 (source: MLS/based on county public records data).

The last sale was on August 2, 2022 for $13,000 (source: MLS/tax record).

The property at 1708 W 7th St has 3 bedrooms and 1 bathroom.

The property 1708 W 7th St is 1,215 SqFt (source: MLS/tax record).

The year of construction for 1708 W 7th St is 1896.

This home is located at 1708 W 7th St in Muncie, IN and zip code 47302. This 1,215 square foot home, which was built in 1896, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $325,000.

Over 27 listings were sold over their listed price in April 2025 in Muncie, IN. In the same period over 73 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Muncie, IN increased by 11.6% between March and April 2025. In April 2025 median list price was $145,942 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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