+1 (855) 353-1100 info@keyauctioneers.com

4-Plex Rental Building in Muncie Indiana

Live On-Site Auction

Wednesday, June 28
10:00 AM (ET)

Preview

Wednesday, June 14
10:00 AM – 12:00 PM (ET)

Auction Details

Investment Opportunity! Four-plex located 5 minutes from Ball State University, in the Old West End neighborhood. With 2,672 SF, and four apartments, this property is perfect for student housing! NEW metal roof. Unfinished basement. Buy now and be ready for the Fall semester!

Address 705 West Charles Street, Muncie, IN 47305
Zoning Residential High Density
Parcel Number 18-11-16-213-004.000-003
Cause Number 18C02-1611-MF-000219
Lot Size 0.11 AC (5,000 SF)
Frontage 40′ along West Charles Street
Building Size 2,672 SF (2 floors)
  1,336 per floor plus unfinished basement
Units 4
Construction Type Wood-framed, shingle siding
Roof Type New Metal
Year Built 1891
HVAC Type Forced-air | Window A/C
Clear Ceiling Height 10′
Parking Street, and off alley at rear of property
Assessed Tax Value $82,700* (256% higher than median listing range)
Annual Taxes $1,822
Other Pertinent Data 5 minutes from Ball State University
  Old West End Neighborhood
Schools East Washington Academy School
  Burris Laboratory School
  Muncie Central High School
Required Down Payment $5,000 cash/cashier’s check day of sale; bring to 10% within
  three business days
Closing Time Within 30 days
Tax Administration Buyer pays beginning with next installment due and payable 

For more information, contact
Veronica Hughes
(317) 353-1100 (Office)
(317) 995-1156 (Cell)
vhughes@keyauctioneers.com

Key Terms
10% buyers premium will be collected
Licenses: Seth Seaton: AU10900115 Auction Co: AC30900124
Cause #: 18C02-1611-MF-000219

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