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#202443159, Michael Lambert, Listing office: Leading Home Realty
Property details
About 5400 W Kilgore Ave
This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.
Highlights
Home typeIndustrial
StatusActive
Lot size25.26 Acres
MLS #202339955
Summary
- List Price: $195,000
- Directions: SR 32 West from Tillotson to sign on Northside
- Lot Size: 25.26 Acres
- MLS Number: 202339955
- Office Name: Coldwell Banker Real Estate Group
- Office Phone: (317) 448-8852
- Listing Agent: Jacob Wagner
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 9:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$195,000
5400 W Kilgore Ave
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Price information
Property sales
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Tax history
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Nearby schools
4
West View Elementary School
Public District PK-5
1.6 mi
•3401 W Gilbert St
6
Yorktown Elementary School
Public District 3-5
2.2 mi
•8810 W Smith St
2
South View Elementary School
Public District PK-5
3.2 mi
•2100 S Franklin 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 $46,082. Most Muncie, IN residents have annual incomes between $35k-100k. Typical family type is 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?
35%
<35k
56%
35k-100k
2%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
33%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Stein Mart
Kmart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Ram
What do the neighbors listen to?
Adult Standards
Oldies
Country
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 5400 W Kilgore Ave
The listing price of 5400 W Kilgore Ave property is $195,000.
The property 5400 W Kilgore Ave is land located in Muncie, Indiana, 47304.
Active Listing: 5400 W Kilgore Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5400 W Kilgore Ave are: West View Elementary School (GreatSchools Rating 4/10), Yorktown Elementary School (GreatSchools Rating 6/10), South View Elementary School (GreatSchools Rating 2/10), Yorktown Middle School (GreatSchools Rating 5/10), Northside Middle School (GreatSchools Rating 4/10), Southside Middle School (GreatSchools Rating 2/10), Youth Opportunity Center (GreatSchools Rating 1/10), Burris Laboratory School (GreatSchools Rating 7/10), Indiana Academy for Science Math Hmn (GreatSchools Rating 10/10).
This home is located at 5400 W Kilgore Ave in Muncie, IN and zip code 47304. This home sits on a 25.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $195,000.
Over 28 listings were sold over their listed price in May 2025 in Muncie, IN. In the same period over 48 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Muncie, IN between April and May 2025 decreased by 1.8%. The median list price of listings available in May 2025 was $148,380, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.