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1022 W Abbott St, Muncie, IN, 47303

5beds
2baths
1,792sqft
$224,900
$126price/sqft
$1,870/moest. monthly cost
$74,800/yrincome needed

About This Home

Investors, seize the prime chance to own a strategically positioned property, just moments from the vibrant BSU campus. This house offers an unparalleled investment prospect, it offers a beautiful open concept Living Room with a brick Fireplace, Dining Room, brand New Kitchen with granite countertops and a large island with bar stools and all new appliances. With 5 large bedrooms and with its location a mere three blocks from campus, it is a great place for potential tenants seeking both convenience and comfort. This property provides a fenced in front yard and parking in the back. It provides a tranquil escape from the campus buzz and envisions a hub for social gatherings and focused study sessions. Embrace this exceptional opportunity to invest.

Getting Around

70
WalkingVery Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

3/10
Muncie Central High SchoolGrades PK-120.7 mi
5/10
Northside Middle SchoolGrades 6-80.9 mi
4/10

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Shingle
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Range/Oven Hook Up Elec,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Electric Range,Gas Water Heater
  • Laundry features: Electric Dryer Hookup,Main Level

Basement

  • Basement: Crawl Space,Block

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 5

Dining Room

  • Area: 132

Features

  • Stone Counters
  • Window features: Double Pane Windows
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,792

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,High Efficiency Furnace
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,792
  • Total interior livable area: 1,792 sqft

Kitchen

  • Area: 121

Living Room

  • Area: 300

Property

Details

  • Parcel number: 181109128016.000003
  • Zoning: R-5

Features

  • Levels: One
  • Stories: 1
  • Fencing: Full,Chain Link

Lot

  • Lot size: 4,791 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 40x125

Parking

  • Parking features: Gravel
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$205$2,460
Property Taxes $344$4,128
Electricity $184$2,212
Total$1,870$22,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,114/yr
40% on housing$56,100/yr
45% on housing$49,866/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 47303$67
Delaware County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 47303$121
Delaware County$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$224,900
2023-10-31Sold$182,500
2023-10-02Pending sale$189,500
2023-09-05Price change$189,500
2023-08-22Listed for sale$199,500
2021-03-24Listing removed--
2019-06-02Listing removed$1,500
2019-03-13Listed for rent$1,500
2018-06-23Listing removed$1,500
2018-03-26Listed for rent$1,500

For Sale by Agent

AgentKathy J Smith
BrokerageNextHome Elite Real Estate

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