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1623 W Janney Ave, Muncie, IN, 47304

4beds
1baths
1,193sqft
$114,900
$96price/sqft
$918/moest. monthly cost
$36,720/yrincome needed

About This Home

Long term tenant in this investment property. Current lease is through February 28, 2027 at a rate of $927.00 per month. This house features 4 bedrooms, 1 bath room, Living Room, Kitchen and Dining area. New Refrigerator and Range. This house has a long driveway and huge front yard. Currently rented to a family.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

3/10
Muncie Central High SchoolGrades PK-120.9 mi
5/10
Northside Middle SchoolGrades 6-80.7 mi
4/10

Construction

Condition

  • Year built: 1937

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Basement

  • Basement: Crawl Space,Block

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Laminate Counters
  • Window features: Double Pane Windows
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,193

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,High Efficiency Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,193
  • Total interior livable area: 1,193 sqft

Property

Details

  • Parcel number: 181104357014.000003
  • Zoning: R-2

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: None

Lot

  • Lot size: 6,534 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 50x130

Parking

  • Total spaces: 4
  • Parking features: Attached,None,Off Street Parking,Gravel
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 $580$6,960
Home Insurance *$77$924
Property Taxes $77$924
Electricity $184$2,212
Total$918$11,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,474/yr
40% on housing$27,540/yr
45% on housing$24,480/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

$96This listing

vs Other Active Listings

Avg $/sqft

ZIP 47304$103
Delaware County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 47304$127
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
2026-07-28Listed for sale$114,900

For Sale by Agent

AgentKathy J Smith
BrokerageNextHome Elite Real Estate

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