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718 N Walnut St, Muncie, IN, 47305

3beds
3baths
1,720sqft
$289,900
$169price/sqft
$2,370/moest. monthly cost
$94,800/yrincome needed

About This Home

718 N. Walnut. This isn't just any typical new front door. This front door opens to one of 7 BRAND NEW construction townhouses being built by CRU Construction in the heart of Downtown Muncie. Park your car in the private 2 car garage and walk out your front door to explore all downtown has to offer. Just a 3 minute walk to the brand new YMCA, 8 minute walk to Elm Street Brewing Co., 8 minute walk to the White River Greenway, 9 minute walk to Minnetrista, 11 minute walk to the Patterson Building with shopping and restaurants, and a 12 minute walk to Muncie Civic Theater. Minutes to downtown festivals, concerts, and parades. Built by local builders, CRU Construction, this home is well built and thoughtfully designed. The first floor features a huge open living space with living room, dining room, and kitchen. There is also a nice mudroom area and half bath. On the second floor there are three large bedrooms, 2 full baths, and a convenient laundry room. The primary bedroom features a walk in closet (with window!) and attached bath. This home has a perfectly sized, soon to be fenced, back yard and a 2 car garage. Finishes are being installed now and the expected full completion date is June 1. Pictures will be updated as the home progresses. Don't miss out on your chance to enjoy all Downtown has to offer right outside your new front door.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

3/10
Muncie Central High SchoolGrades PK-120.1 mi
8/10
East Washington AcademyGrades PK-50.7 mi
5/10
Northside Middle SchoolGrades 6-81.7 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Cement Board

Type & Style

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

Interior

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 182

Features

  • 1st Bdrm En Suite,Kitchen Island,Double Vanity,Tub/Shower Combination
  • Flooring: Carpet,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,720

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,720
  • Total interior livable area: 1,720 sqft

Kitchen

  • Level: Main
  • Area: 130

Living Room

  • Level: Main
  • Area: 315

Property

Details

  • Parcel number: 000000000000.000000

Features

  • Fencing: Full

Lot

  • Lot size: 2,613 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 22.9x122.25

Parking

  • Total spaces: 2
  • Parking features: Detached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Earthquake
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 $1,465$17,580
Home Insurance *$448$5,376
Property Taxes $273$3,276
Electricity $184$2,212
Total$2,370$28,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,257/yr
40% on housing$71,100/yr
45% on housing$63,200/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

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 47305$39
Delaware County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 47305$48
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
2026-04-15Listed for sale$289,900
2013-02-22Sold$1,000

For Sale by Agent

AgentRebekah Hanna
BrokerageNextHome Elite Real Estate

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