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$139,000 (Pending)

6020 E County Road 550 S Muncie, IN  47302

  • 2 Beds
  • 1 Baths
  • 1,392 sq. Ft

Property Description for 6020 E County Road 550 S Muncie, IN 47302

This charming FIXER UPPER FARMHOUSE is situated on a peaceful 2 acre lot in a picturesque countryside setting, offering sturdy bones and a ton of untapped potential! The extra large living room, eat-in kitchen, first bedroom on the main floor, replacement windows, set up for a cozy wood-burning fireplace and two rooms upstairs that can be used as bedrooms all add to the appeal of this property, not to mention the beautiful views of rolling farm ground as you look out the back windows. It's just in need of some TLC and sweat equity to bring it back to life! The spacious yard, partially fenced pasture area and 42' x 28' barn with 26' lean-to adds to the property's potential by creating opportunity to embrace a self-sufficient lifestyle by cultivating your own garden, raising animals, and living off the land in this idyllic rural setting. This property is ready to be transformed into your dream farmhouse on your own slice of country paradise! Located right by the Cardinal Greenway Walking/Biking Trail and Prairie Creek Reservoir, with quick access to highway 35, making for the perfect balance of seclusion and accessibility. Selling AS-IS. CASH ONLY PURCHASE - Due to lack of a constant heat source. Home has wood burning stove and propane gas forced air furnace, but it is unknown if either one is operational. There is no propane tank on the property, but there is a propane tank connection available. New Roof and New 6" Gutters were completed in December 2023, as well as sheathing repairs in areas needed.

Address:6020 E County Road 550 S Muncie IN 47302
Status:Pending
on site: 13 days
Price:$139,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,392
Year Built:1890
Lot Size:2.00
County: Delaware County
Township: Perry
School System : Liberty-Perry Community
MLS #:202413376
Property Type:Site-Built Home

Lot Description:0-2.9999
Directions:From bypass, take US Hwy 35 South to 550 S, turn East on 550 S, house on left hand side after crossing Cardinal Greenway
Total Sq. Ft. :1,392
Basement:Yes

Loan Price
$950
Price And Interest $725/month
Property Tax $167/month
MTG INS $0/month
HOME INS $58/month
Price
$139,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$167/month
Home Owner Insurance
$696 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 12 x 11 Main
2nd Bedroom 15 x 12 Upper
Kitchen 15 x 11 Main
Living Room 28 x 15 Main

Semi-Annual Property Tax:$1,001
Tax Year:2024
Mandatory HOA Fee:$

City:Muncie
Subdivision: None
Zip Code:47302

High School:Wapahani
Middle School:Selma
Elementary School:Selma

Total Sq. Ft.:1,392
Appliances:Refrigerator, Washer, Dryer-Electric, Range-Electric, Satellite Equipment, Sump Pump, Water Heater Electric
Exterior Features:Vinyl
Fuel:Wood
Fireplace(s):Living/Great Rm, Wood Burning
Cool:None
Heat:Wood
Total Rooms:6
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company

Schools in 6020 E County Road 550 S Muncie, IN  47302


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Listing provided courtesy of Cortney Felton with NextHome Elite Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Muncie Market Report

97
Avg. DOM
$94.27
Avg. $ / Sq.Ft.
$ 125,000
Med. List Price

The house prices in Muncie are not dropping at the moment. There has been a increase in price of $17,880.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Muncie are going Up. The average house price is $129,900.00 and the average price per square feet is $95.40 per square feet. At the moment, the amount of homes listed is exactly 1029 houses, with 158 with active status, 117 with pending status and 754 sold in Muncie .

The most popular place to buy a home in Muncie is 1808 - Delaware - Center. 1808 - Delaware - Center is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Muncie .

The average amount of property taxes you would have to pay for a home in Muncie is $1,583.95. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Muncie are staying listed for an average of 75 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Muncie was 510 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Muncie is $1,160,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Muncie is $15,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Muncie in year 1880 and the newest built house is in year 2023.

The average size of properties in Muncie is 1736.18 sq.ft. , the biggest one being 8868 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.