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    1100 W Riverside Ave Muncie, IN 47303

    For Sale
    Contact for pricing

    Special Purpose - Muncie, IN

    Lot size:
    0.62 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1100 W Riverside Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    8
    APN
    18-11-09-183-031.000-003
    Parking
    24
    Parking features
    Paved or Surfaced
    Interior features
    Concrete, Living Space, Basement
    Exterior features
    Living Space, Basement
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1994
    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Scheerer McCulloch Real Estate (260) 356-4150

    Listing agent Timothy McCulloch (260) 441-8636 License #RB14032228

    Listing date Nov 25, 2025

    MLS# 202542734 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fraternity/Sorority Housing Near Ball State

    This purpose-built facility, suitable for a fraternity, sorority, or group housing, is located steps from Ball State University. The 15,572 square-foot building is situated on a 0.62-acre lot and features 28 private dorm-style bedrooms, one private first-floor apartment, four shared dorm bathrooms, one private full bathroom, and three half bathrooms. The layout is designed to provide privacy and comfort, along with communal areas for meetings, study groups, and social gatherings. Shared spaces include multiple lounges, a large lower-level game and fitness room, a full kitchen with appliances, a TV auditorium, and a laundry area. Parking is available for approximately 24 vehicles. Continuous improvements from 2020–2025 include new dorm windows, upgraded Wi-Fi, repaved driveway and parking areas, partial roof replacement, chimney and masonry reconstruction, new rear gutters, improved drainage, and an updated concrete patio with perimeter fencing. Several HVAC systems have been replaced, and multiple shared bathrooms and common areas have been renovated or re-carpeted. The property is located one block from Ball State University, offering a single-room layout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alpha Tau Omega ... Fraternal Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.397873
    Latitude
    40.200616

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    FAQs

    What type of property is this?
    School - Purpose-built student housing facility near Ball State University.
    Where is this school located?
    The property is located at 1100 W Riverside Ave Muncie, IN.
    What are key features of this property?
    This property features: - Prime Location: Just one block from Ball State University.; - Turn-Key & Well-Maintained: Professionally managed with continuous improvements from 2020-2025.; - Purpose-Built Facility: Designed as a fraternity/sorority or group housing facility.
    (260) 441-8636
    Request Owner's contact information
    1100 W Riverside Ave Muncie, IN 47303
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    Muncie, IN 47303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100 W Riverside Ave Muncie, IN 47303
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