Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1318 Madison St Muncie, IN 47302-3440

    • Office Properties & Spaces
    • 18,000 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US31-1374695
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Classroom Connections of East Central Indiana / School Supply Store

    Property Details for 1318 Madison St

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Property size
    18,000 SF
    Property type
    Office Properties & Spaces
    APN
    18-11-15-334-002.000-003
    APU
    181115334002000003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3813
    Latitude
    40.1832
    CBSA code
    34620
    CBSA name
    MUNCIE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $648
    $16,100
    $114,700
    $130,800
    -
    $16,100
    $114,700
    $130,800

    Comparable in this City

    • Value Estimation by Request
      5,464 SF

      2200 9th St

      OFFICE (GENERAL) • 5,464 SF
      2200 9th St, Muncie, IN 47302-1634
      View Details
    • Value Estimation by Request
      2,256 SF

      2701 Cornbread Rd

      OFFICE (GENERAL) • 2,256 SF
      2701 Cornbread Rd, Muncie, IN 47302-8804
      View Details
    • Value Estimation
      $365,000
      1,200 SF

      2910 Gharkey St

      OFFICE (GENERAL) • 1,200 SF
      2910 Gharkey St, Muncie, IN 47302
      View Details
    • Value Estimation
      $515,000
      24,014 SF

      1315 High St

      OFFICE (GENERAL) • 24,014 SF
      1315 High St, Muncie, IN 47302
      View Details
    • Value Estimation
      $305,000
      1,280 SF

      2710 Hoyt Ave

      OFFICE (GENERAL) • 1,280 SF
      2710 Hoyt Ave, Muncie, IN 47302-3930
      View Details
    • Value Estimation
      $385,000
      14,972 SF

      2600 Willard St

      OFFICE (GENERAL) • 14,972 SF
      2600 Willard St, Muncie, IN 47302-2753
      View Details

    Similar Nearby for Sale

    • $1,100,000
      17,000 SF

      Versatile Commercial Warehouse with Office

      17,000 sq ft warehouse with office space for sale.
      2809 N Walnut St, Muncie, IN 47302
      View Details
    • $549,000
      21,818 SF

      Muncie Industrial Property: 21,818 SF

      Versatile Industrial Space, 1.5 Acres
      703 13Th St, Muncie, IN 47302
      View Details
    • $152,000
      0.88 Acres

      Muncie Commercial Property: Two Pole Barns

      Prime Commercial Land, Two Pole Barns, High Potential
      3905 Walnut St, Muncie, IN 47302
      View Details
    • $695,000
      7,000 SF

      Net Leased Muncie Retail Property

      Advanced Auto Parts, 7.25% Cap Rate
      2001 Madison St, Muncie, IN 47302
      View Details
    • $225,000
      7.90 Acres

      Muncie Industrial Land For Sale

      7.9 acre industrial land parcel in Muncie, Indiana.
      3200 S Meeker Ave, Muncie, IN 47302
      View Details
    • $310,000

      Muncie Industrial Land For Sale

      Industrial land available in Muncie, Indiana, with secure fenced lots.
      2400 S Gharkey St, Muncie, IN 47302
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      15,500 SF

      Muncie Industrial Space For Lease

      15,500 SF Warehouse w/ Docks
      1111 Seymour St, Muncie, IN 47302
      View Details
    • $10 SF/Yr
      15,400 SF

      Shoppes at Southside Retail Center

      Muncie, IN Retail Space Available
      3600 Chandler Dr, Muncie, IN 47302
      View Details
    • $4 SF/Yr
      15,550 SF

      Muncie Industrial/Warehouse Space Available

      Heated manufacturing or warehouse/distribution space with ample parking.
      1111 E Seymour St, Muncie, IN 47302
      View Details
    • $3 SF/Yr
      470,000 SF

      Muncie Warehouse and Industrial Space

      Flexible manufacturing and warehouse space available for lease in Muncie.
      1106 E Seymour St, Muncie, IN 47302
      View Details
    • $1.00 SF/Yr
      350,000 SF

      Muncie Industrial Space Available

      Flexible Warehouse/Manufacturing Space
      1210 Seymour St, Muncie, IN 47302
      View Details
    • $4 SF/Yr
      31,000 SF

      Retail Space in Muncie, Indiana

      Retail space available for rent in Muncie, Indiana.
      2006 Walnut St N Walnut, Muncie, IN 47302
      View Details

    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      5.1k
    • Avg Time on site
      15 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1318 Madison St
    Muncie, IN 47302-3440
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.