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1008 W 16th St, Muncie, IN, 47302

1beds
1baths
1,476sqft
$59,900
$41price/sqft
$623/moest. monthly cost
$24,920/yrincome needed

About This Home

You will love this home with plenty of living space and potential for a second bedroom. The home rests on a 80' X 125' double lot with a completely fenced in backyard perfect for pets. The property also includes off road parking and a utility shed for storage purposes. The dwelling rests on a full unfinished basement and some updates include: newer 200 Amp breaker box, replacement windows, newer sewer line installed 2-years ago, updated plumbing, newer furnace 3-years ago and enclosed back porch area.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
2/10
Wilson Middle SchoolGrades 6-81.7 mi
3/10
Muncie Central High SchoolGrades PK-121.9 mi

Construction

Condition

  • Year built: 1932

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Level: Upper
  • Area: 270

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,476

Heating & Cooling

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

Interior Area

  • Total structure area: 2,148
  • Total interior livable area: 1,476 sqft

Kitchen

  • Level: Main
  • Area: 121

Living Room

  • Level: Main
  • Area: 276

Property

Details

  • Parcel number: 181121140008.000003

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Irregular Lot
  • Lot size dimensions: 80' X 125'

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 $302$3,624
Home Insurance *$87$1,044
Property Taxes $50$600
Electricity $184$2,212
Total$623$7,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,360/yr
40% on housing$18,690/yr
45% on housing$16,613/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

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 47302$56
Delaware County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 47302$86
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)

No zestimate history available

Price History

DateEventPrice
2026-04-18Price change$59,900
2026-04-08Listed for sale$62,500

For Sale by Agent

AgentJerrett Flesher
BrokerageFlesher Brothers Auctioneering and Real Estate Inc

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