114 S Walnut Street Muncie, IN 47305

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Traditional,Other • 135Y Old

$620,000

114 S Walnut Street

2 Bedrooms
3 Bathrooms 2 Full, 1 Half
4641 sqft
0.07 Acres
Property Description

Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.

Directions

Downtown Muncie, near Main St and Walnut just South of the Yellow Patterson Block

Amenities

Alarm System-Security, Built-In Bookcase, Built-In Home Theatre, Cable Available, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Kitchen Island, Range/Oven Hk Up Gas/Elec, Twin Sink Vanity, Wet Bar, Wiring-Data, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Sump Pump, Washer Hook-Up, Custom Cabinetry

Sale Includes

Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Cooktop-Gas, Dryer-Electric, Ice Maker, Kitchen Exhaust Hood, Laundry-Stacked W/D, Oven-Convection, Oven-Electric, Range/Oven-Dual Fuel, Sump Pump, Water Heater Electric, Water Softener-Owned

Map to 114 S Walnut Street, Muncie, IN 47305

Property
MLS # 202514498
Date Listed 2025-04-25
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 4641 sqft
Total Square Feet 6741 sqft
New Construction No
Style Two Story
Type Site-Built Home
Basement Yes
Bedrooms 2
Bathrooms 3 (2 Full, 1 Half)
Annual Taxes $2,738.00
Year Taxes Payable 2024
Year Built 1890
Virtual Tour my.matterport.com »
Days on Market 1
Additional
Design Traditional,Other
Cooling Central Air
Heating Gas, Forced Air
Room Dimensions
Living Room 19 × 18 Upper Level
Kitchen 19 × 11 Upper Level
Den 12 × 11 Lower Level
Master Bedroom 16 × 15 Upper Level
2nd Bedroom 15 × 11 Upper Level
Extra Room 15 × 9 Lower Level
Bathroom Locations
Full Baths 1 Main, 1 Upper
Half Baths 1 Upper
External Features
Construction Site-Built Home
Exterior Brick
Lot Size 2,800 sq ft
Acreage 0.07 Acres
Lot Dimensions zero
Parking Yes
Sewer City
Water City
Fence None
Location
Area Delaware County
Location City/Town/Suburb
County Delaware
Subdivision None
Township Center
City Muncie
State IN
Zip 47305
Schools
School District Muncie Community Schools
Elementary East Washington Academy
Middle School Northside
High School Central
Financial
Financing Terms Cash, Conventional
Assoc. Dues $0.00 Not Applicable
Assoc. Restrictions No

MLS# 202514498
Listing Provided Courtesy of Steve Slavin
Coldwell Banker Real Estate Group
Cell: 317-701-5006

Listing updated April 25, 2025 at 9:30 am
Last checked 10 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Agent to Contact

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