304 E 16th St, Muncie, IN, 47302
About This Home
Attention investors and rehabbers! This home in Muncie is priced to sell and offers an excellent opportunity for your next renovation project. This property will need a full rehab and is ready for a complete transformation. Situated on a corner lot with municipal utilities, the home provides a solid starting point for investors looking to renovate and resell or add to their rental portfolio. Conveniently located just minutes from downtown Muncie, Ball State University, shopping, restaurants, and major employers, this property is positioned in an area where updated affordable housing continues to see strong demand. With the right vision and renovations, this could become a great addition to any investment portfolio.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1924
Materials
- Foundation: Crawl Space
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Bedroom2
- Features: Other
- Level: Main
- Area: 121
- Dimensions: 11x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic Access
- Window features: WoodWorkStain/Painted
- Attic: Access Only
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 784
- Total interior livable area: 784 sqft
Kitchen
- Features: Other
- Level: Main
- Area: 285
- Dimensions: 19x15
Living Room
- Features: Other
- Level: Main
- Area: 288
- Dimensions: 16x18
Master Bedroom
- Features: Other
- Level: Main
- Area: 156
- Dimensions: 12x13
Property
Details
- Parcel number: 181122115016000003
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 5,227 sqft
- Features: Corner Lot,Mature Trees
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
- Hail
- Lightning
- Strong Wind
- 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 | $151 | $1,812 |
| Home Insurance * | $43 | $516 |
| Property Taxes | $22 | $264 |
| Electricity | $184 | $2,212 |
| Total | $400 | $4,800 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2026-07-16 | Listed for sale | $30,000 |
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