Skip to content

1424 S Walnut Street

Muncie, IN 47302

ActiveListed Jun 25, 2026 · 100 days on market

Key facts

Living area
7,500 sqft
Lot
0.45 acres
Year built
1970
Type
Commercial Sale · Retail
MLS #
22110532
County
Delaware
Total building area
7,500 sqft

About this home

Wellmaintained commercial retail building featuring three storefront units on a hightraffic main road offering excellent visibility and steady customer flow. Two units are currently occupied, providing immediate rental income, while one vacant unit offers an opportunity for an owneruser or new tenant. Originally built in 1970, the property has been updated with a new roof and new AC units, enhancing efficiency and reducing future maintenance costs. Strong street presence, ample parking, and flexible retail layouts make this an ideal investment for retail, service businesses, or mixed commercial use.

Description provided by the listing brokerage.

Exterior

Roof
Rubber
Parking and garage
Attached

Systems

Heating
Forced Air
Cooling
Central Air
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Retail

Schools

School district
Muncie Community Schools

Taxes

Estimated annual tax
$2,958 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,292per month, estimated
Principal and interest $2,848Property tax $247Insurance $198
20% · $112,980
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$564,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.