




1205 S Jefferson St, Muncie, IN, 47302
About This Home
Calling all investors and rehab enthusiasts! Here’s your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value.Whether you’re an experienced investor or searching for your next renovation project. Bring your contractor, your creativity, and your plans—this property is ready for its next chapter. Sold As-Is.
Getting Around
Schools
Construction
Condition
- Year built: 1898
Materials
- Foundation: Basement
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial,Block
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Laminate,Wood
- Finished area below ground: 0
- Finished area above ground: 1,876
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 3,248
- Total interior livable area: 1,876 sqft
Property
Details
- Parcel number: 181115303021.000003
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: Fenced
Lot
- Lot size: 4,791 sqft
- Features: Sloped
- Lot size dimensions: 42x120
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
- Hail
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $214 | $2,568 |
| Home Insurance * | $62 | $744 |
| Property Taxes | $52 | $624 |
| Electricity | $184 | $2,212 |
| Total | $512 | $6,144 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $42,500 |
| 2026-07-10 | Listed for sale | $50,000 |
| 2016-02-12 | Sold | $5,500 |
| 2015-03-18 | Sold | $6,000 |
