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    Property profile & analytics

    309 Charles St Muncie, IN 47305-2319

    • Residential income homes
    • 1,224 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Apr 07, 2021
    $130,000
    Location Intelligence
    Property ID
    US31-1440358
    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

    • Residential income homes

    Property Details for 309 Charles St

    Year built
    1875
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.02 lot acres
    Property size
    1,224 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    18-11-16-235-007.000-003
    APU
    181116235007000003

    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
    -85.3893
    Latitude
    40.191
    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
    $1,970
    $1,400
    $87,000
    $88,400
    -
    $1,400
    $87,000
    $88,400

    Comparable in this City

    • Value Estimation by Request
      5,508 SF

      217 Washington St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,508 SF
      217 Washington St, Muncie, IN 47305-1748
      View Details
    • Value Estimation by Request
      6,538 SF

      312 Mulberry St

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,538 SF
      312 Mulberry St, Muncie, IN 47305-1755
      View Details
    • Value Estimation by Request
      9,600 SF

      401 Jackson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 9,600 SF
      401 Jackson St, Muncie, IN 47305-1804
      View Details
    • Value Estimation
      $320,000
      7,424 SF

      220 Walnut St

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,424 SF
      220 Walnut St, Muncie, IN 47305-1720
      View Details
    • Value Estimation by Request
      4,640 SF

      118 Mulberry St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,640 SF
      118 Mulberry St, Muncie, IN 47305-1757
      View Details
    • Value Estimation by Request
      3,858 SF

      109 Council St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,858 SF
      109 Council St, Muncie, IN 47305-1583
      View Details

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      Duplex in Muncie, IN with existing leases.
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      Muncie 5-Unit Apartment Building

      Downtown Muncie investment opportunity. High potential.
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      Historic Retail Property in Muncie

      Meticulously maintained historic property suitable for retail or multifamily use.
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    Similar Nearby for Lease

    • $20 SF/Yr
      5,400 SF

      Mixed-Use Development Retail Space

      New mixed-use development with retail and residential units.
      309 N High St, Muncie, IN 47305
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      Downtown Muncie Office/Artist Suites

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      5,400 SF

      Retail Space in Muncie, Indiana

      5,400 SF retail space available for lease.
      3304 N Madison St, Muncie, IN 47305
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    • $14 SF/Yr
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      Muncie Office Space Available

      Office spaces available for rent in Muncie, Indiana.
      108 S Walnut St, Muncie, IN 47305
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    • Contact for pricing
      1,416 SF

      Muncie Office Space Available

      1416 square feet of office space for rent.
      225 N High St, Muncie, IN 47305
      View Details
    • New
      $14 SF/Yr
      41,352 SF

      Downtown Muncie Office Space Available

      Professional office space in a prime downtown location.
      400 N High St, Muncie, IN 47305
      View Details
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    309 Charles St
    Muncie, IN 47305-2319
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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
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