Skip to content

1401 E State Road 28

Muncie, IN 47303

PendingListed Sep 17, 2026 · 9 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,204 sqft
Lot
0.35 acres
Year built
1970
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22125876
County
Delaware
Subdivision
Indian Meadows

About this home

Discover a promising opportunity at 1401 E State Road 28 in Muncie, IN. Built in 1970, this 1,204 sq ft ranchstyle home offers solid fundamentals and a flexible layout-making it an appealing option for investors, DIY enthusiasts, or anyone looking to customize a home to their vision. Located in the Delaware Community School District, this property adds even more value with its desirable location. Inside, you'll find three comfortable bedrooms that allow for versatile living arrangements and two full bathrooms, including one with a convenient walkin shower. A dedicated laundry room adds everyday practicality, while the attached garage provides secure parking and additional storage. Sitting on a generous lot, this property offers ample outdoor space and exciting potential for expansion, landscaping, or creating your own outdoor retreat. With its strong bones, functional layout, and sizable lot, this home is ready for its next chapter, whether that's a smart investment, a renovation project, or a personalized place to call home.

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDryerElectric Water HeaterRange HoodRefrigeratorWasherWater Softener OwnedElectric Oven
Interior features
Eat-in Kitchen
Laundry
Laundry Room
Rooms
7
Main-level bedrooms
3
Condition
Fixer

Exterior

Exterior features
Storage Shed
Construction
Aluminum SidingBrick
Foundation
Slab
Style
Ranch
Parking and garage
Attached

Systems

Heating
ElectricHeat PumpRadiant Ceiling
Cooling
Central Air
Water
Private

Schools

Middle school
Delta Middle School
High school
Delta High School
School district
Delaware Community School Corp

Taxes

Estimated annual tax
$278 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$777per month, estimated
Principal and interest $705Property tax $23Insurance $49
20% · $27,980
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$139,900
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.