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212 N Elm Street

Muncie, IN 47305

ActiveListed Jul 27, 2026 · 66 days on market

Key facts

Lot
0.07 acres
Year built
1910
Type
Residential Income · Duplex
Stories
Two
MLS #
22106494
County
Delaware
Subdivision
Sub Not Found In Table

About this home

Excellent investment opportunity or ideal house hack! This duplex features two spacious units, each offering 2 bedrooms and 1.5 bathrooms. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income or an investor ready to lease immediately. Enjoy a peaceful setting with no immediate neighboring homes, providing added privacy, while being conveniently located near Gilbert Historic Park with easy access to green space and local amenities. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers versatility, privacy, and strong income potential.

Description provided by the listing brokerage.

Schools

School district
Muncie Community Schools

Taxes

Estimated annual tax
$6,100 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,290per month, estimated
Principal and interest $731Property tax $508Insurance $51
20% · $29,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$144,999
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