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5400 W Kilgore Avenue

Muncie, IN 47304
  • $195,000
  • STATUS: Active
  • ON SITE: 202 Days
  • MLS #: 202339955
$195,000
  • 0
    BEDS
  • 25.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Middle School:
High School:
School District:
Listing provided by Jacob Wagner of Coldwell Banker Real Estate Group: Agent: 317-448-8852.

Description

This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brick Built Real Estate. Data last updated: 2024-05-21T00:29:36.94.

www.brickbuiltrealestate.com/homes/144861220
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5400 W Kilgore Avenue Muncie, IN 47304

  • Price: $195,000
  • Status: Active
  • On Site: 202 Days
  • MLS #: 202339955
0
Beds
0
Baths
0
½ Baths
25.26
Acres
Neighborhood:
None
County:
Delaware
Area:
Delaware
Elementary School:
Pleasant View (K-2) Yorktown (3-
Middle School:
Yorktown
High School:
Yorktown
School District:
Yorktown Community Schools
Property Description
This exceptional 25-acre parcel presents an outstanding development opportunity, prominently situated along State Road 32W, a prominent thoroughfare in the western Muncie area. The property boasts a diverse layout, featuring approximately 5 acres of well-maintained paved space, along with an additional 7 acres of fertile tillable land. The front section is securely fenced, while the rear part includes a specialized treatment facility and three retention/settling ponds thoughtfully designed along the White River. Notably, the front half of this property is currently under lease to AEP for three years, generating a steady annual income of $30,000, paid in full at beginning of new lease year. The details of this lease agreement will be made available upon acceptance of a purchase agreement.
Exterior Features

Curb YN No Lot Dimensions Irregular Parcel Description Other Road Access City Road Frontage City Road Surface Asphalt Structure Building Improvements Yes Waterfront YN No

Property Features

Annual Taxes 12600 Assoc Dues Frequency Not Applicable Auction YN No Can Be Divided No Documents Available Aerial Photo Easements Yes Electricity Type None For Sale Or Rent For Sale Fuel Type None Leased Acres YN No Owner Real Estate License YN No Planned Unit Dev YN No Platted Development No Platted YN Yes Property Sub Type Industrial Land Rail Siding YN No Reo YN No Sewer None Township Mt Pleasant Type Or Use CommercialIndustrial Water Utility CityNone Year Taxes Payable 2022 Zoning Description Intense Industrial

Listing provided by Jacob Wagner of Coldwell Banker Real Estate Group: Agent: 317-448-8852.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brick Built Real Estate.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brick Built Real Estate. Data last updated: 2024-05-21T00:29:36.94.

 
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Brick Built Real Estate
PO Box 839
Granger IN, 46530
Listing provided by Jacob Wagner of Coldwell Banker Real Estate Group: Agent: 317-448-8852.